Commission Approves IRB for Local Tech Company

AN ALBUQUERQUE TECH COMPANY IS GETTING BERNALILLO COUNTY INDUSTRIAL BONDS TO THE TUNE OF 25-MILLION DOLLARS. THE COUNTY COMMISSION UNANIMOUSLY APPROVED THE IRB AT ITS MEETING TUESDAY NIGHT FOR 3-D GLASS SOLUTIONS. THE COMMISSION ALSO VOTED TO APPROVE IT ACTING AS THE FISCAL AGENT FOR THE COMPANY FOR MORE THAN 2-MILLION DOLLARS IN STATE LOCAL ECONOMIC DEVELOPMENT ACT FUNDS.

COMMISSION VICE-CHAIR LONNIE TALBERT SAYS IT’S AN OPPORTUNITY TO FOSTER HIGH PAYING JOBS WITH BENEFITS. THE COUNTY WILL ENTER A PUBLIC PARTICIPATION AGREEMENT WITH 3-D GLASS TO ACCOUNT FOR THE LEDA FUNDS AND THE COMMITMENT TO JOB CREATION.

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