Film Studio Campus and Economic Development Funding
At a glance
What: Funding for economic development projects, including a memorandum of understanding with NMSU toward a film studio campus.
Where it stands: The November 2 Council agenda lists Resolution 27-076 (NMSU MOU for funding toward a film studio campus) and notice of Ordinance 3128 supporting up to $700,000 in an economic development project. The notes do not say whether these two are the same project. Earlier agendas list GRT project funds (October 19) and the MRA Property Reinvestment Program (September 21). Outcomes are not known.
Next: Confirm the votes and the details of each item from the posted minutes.
Details
The sources do not link the film studio MOU to Ordinance 3128; they may be separate.
Dollar amounts for the NMSU MOU were not captured.
Outcomes are not confirmed because minutes are not yet read for these meetings.