County commission holding special meeting

Curry County commissioners are meeting at 10 a.m. Wednesday in special session to consider issuing as much as $1.9 billion in Industrial Revenue Bonds (IRB) for the proposed Tres Amigas superstation.

The meeting is at the Clovis-Carver Public Library north annex.

The county's bond attorney recently told commissioners that IRBs won't put the county at any financial risk because the bonds are only a legal tool for granting tax abatements. Any money invested with the Tres Amigas project will be coming from private sources, according to attorney Duane Brown.

Tres Amigas is seeking the inducement for its proposed superstation near Clovis that company officials say will link the country's three major electrical power grids.

Company officials said they expect to break ground in the fall.

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