Possible Green Light for TopGolf

TOPGOLF WANTS A SPOT IN ALBUQUERQUE. THE ALBUQUERQUE JOURNAL REPORTS THE CITY COUNCIL MONDAY NIGHT UNANIMOUSLY APPROVED A RESOLUTION TO BACK A PROPOSED ECONOMIC DEVELOPMENT PROJECT THAT INCLUDES 2-POINT-7 MILLION DOLLARS IN FINANCIAL INCENTIVES FOR TOPGOLF. THE VOTE MONDAY NIGHT WOULD ALLOW THE SPORTS AND ENTERTAINMENT COMPLEX TO BUILD AT THE BEACH WATERPARK AT MONTANO AND I-25.

THAT PROPERTY’S BEEN VACANT EVER SINCE THE WATERPARK CLOSED 14 YEARS AGO.

THE RESOLUTION APPROVED BY THE COUNCIL ALSO INCLUDES HALF A MILLION DOLLARS FROM ALBUQUERQUE’S FISCAL 2018 GENERAL FUND … NOT THE LOCAL ECONOMIC DEVELOPMENT ACT FUNDS THAT WERE FIRST PROPOSED. HOWEVER, THE ALBUQUERQUE JOURNAL REPORTS THE MAYOR’S OFFICE QUESTIONS WHETHER THE CITY SHOULD INVEST IN THIS BUSINESS.

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