Business digest — March 13

Finance authority accepting applications The New Mexico Finance Authority (NMFA) is accepting applications through March 30 for awarding low-interest loans for businesses in qualified low-income areas throughout New Mexico. New Markets Tax Credits can provide low cost gap financing to fund projects and business expansions that are more than $5 million. Benefits include lower cost […]

Tres Amigas road dollars a good start

Clovis Media Inc. irst comes the road, then comes the superconductor power station. While development work continues to finance and design the $1.2 billion Tres Amigas plant north of Clovis, the first step of the three-phase electrical project should begin later this year. Curry County will receive $350,000 in capital funds to pay for a […]

Two county capital projects vetoed

Staff and wire reports Gov. Susana Martinez has vetoed $105,000 in projects from Curry County’s capital outlay request totaling $960,000. The biggest cut by Martinez on Wednesday was $100,000 requested to help pay for county road improvements. She also vetoed a $5,000 request for a sign at the Lincoln-Jackson Family Center in Clovis. Projects in […]

amos the churchmouse: j sterling seeks his fortune

Gary Mitchell amos the churchmouse:a view from under the pewEditor’s note: Amos is a churchmouse, who types by hurling himself at the computer keyboard, but he can’t operate the capital shift, and he shuns punctuation marks – except hyphens and dashes.

Area legislators optimistic on capital outlay requests

Kevin Wilson Area legislators are optimistic that capital outlay requests will be spared the fate of Gov. Susana Martinez’ veto pen, with a March 7 deadline to approve or veto pieces of the $137 million bill. Martinez said last week that vetoes were a distinct possibility for the budget and for capital outlay if it […]

Capital outlay wish list cut

Robin Fornoff It was back to the drawing board Saturday for Curry County Commissioners, who said they were told by state legislators to trim their wish list or face possibly getting no money from the state. Commissioners had submitted a $21 million capital outlay request to the state in September. The request was trimmed to […]

Mitt Romney’s momentum unstoppable

Mitt Romney is two for two in the 2012 Republican presidential nominating process. On Tuesday, as expected, Romney, a former governor of Massachusetts and co-founder of the Bain Capital asset-management and venture-capital firm, bested five challengers in New Hampshire’s first-in-the-nation primary balloting. Romney’s glide to victory in the Granite State, although predictable, was an important […]

Legislature adjourns after House OKs capital bill

Staff and wire reports SANTA FE — Deeply divided Democrats and Republicans headed home Saturday from a special legislative session dominated by partisan conflict over plans to draw new boundaries of districts for elected offices. The session ended after the House approved an $86 million package of capital improvements that supporters say will help create […]

Don’t mistake redistribution for prosperity

Freedom New Mexico One reason we cannot get the economy on track is the mass economic ignorance that enables politicians to pass off redistribution schemes as growth. Some children, seeing a rabbit pulled from a hat, surmise that magic hats produce rabbits. Similarly, gullible adults see government programs as sources of wealth. The rabbit did […]