GETTING A GREEN LIGHT: City Council approves $30 million in Industrial Revenue Bonds to help finance NM United stadium
On Feb. 3, the Albuquerque City Council approved $30 million in city-issued bonds to help finance a proposed stadium for the New Mexico United soccer team. The council approved the funding as Industrial Revenue Bonds, also known as IRB’s. While the city of Albuquerque will own the facility located at Balloon Fiesta Park, a private […]