Albuquerque Mayor Sends Infrastructure Package to Council

MAYOR TIM KELLER HAS SENT A 28 MILLION DOLLAR SPORTS-RELATED INFRASTRUCTURE PACKAGE TO THE ALBUQUERQUE CITY COUNCIL. THE MAYOR SAYS THE GOAL IS TO GROW THE TOURISM AND CONVENTION INDUSTRY IN THE CITY.

MORE THAN A THIRD OF THE FUNDS WOULD GO TOWARD REBUILDING LOS ALTOS PARK…THE BUSIEST PARK IN ABQ. TWO AND-A-HALF MILLION DOLLARS WOULD BE USED TO REPLACE THE CITY’S 16 YEAR OLD INDOOR TRACK. A NEW MULTI-USE SOCCER FACILITY WOULD BE BUILT UNDER THE PLAN…AND THREE MILLION DOLLARS WOULD GO TOWARD UPGRADING THE CONVENTION CENTER.

CITY OFFICIALS SAY THE PACKAGE WOULD BE FUNDED THROUGH THE REFINANCING OF EXISTING LODGER’S TAX BONDS.

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