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 […]

Everybody’s business: Banker talks business loans

A great management tool for business owners is to have current and relevant information in order to make good business decisions. The decisions to expand, hire additional employees, or to introduce a new product or service requires planning and usually capital infusion. This holds true for starting a new business as well. An interview about […]

Area entities asked for capital outlay priorities

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File photo Curry County administration submitted capital outlay requests for Curry County roads, the Curry County Adult Detention Center and the Curry County Courthouse. Kevin Wilson and Argen Duncan Eastern New Mexico entities sent capital outlay priorities Monday at the request of local legislators. But there’s no indication there will be capital outlay available, or […]

School board election results

Melrose ballotPosition 1 school board memberKenneth L. Jacobs (Incumbent) – 76Jubal Ray Pierce – 85Position 2 school board memberScott Dickerman – 128Position 3 school board memberNeal Delk – 140 General obligation school bond question:123 for38 againstPublic School Capital Improvements (2 mill) tax question:122 for35 against Grady ballotPosition 1 school board member Jerome J. Provencio – […]

Iraqis ready to handle own problems

Freedom New Mexico A coordinated suicide bombing that killed at least 14 people and wounded 53 in Ramadi, the capital of Iraq’s Anbar province, is a reminder that the country the U.S. has tried so hard to pacify, through military action and nation-building advice and subsidies, is still plenty turbulent. While this fact might tempt […]

Wheatfields property changes hands

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CNJ staff photo: Sharna Johnson The Wheatfields Senior Center has been taken by a Dallas bank as part of a bankruptcy. The future of the of the unfinished $20 million project is unclear. Sharna Johnson The future of a Clovis eyesore that was supposed to bring new housing for senior citizens is still unclear but […]

Weekly update — Sept. 27

Street improvements and a new animal control building are among priorities the city of Clovis has outlined in its infrastructure capital improvement plan. The plan, which is required by state Department of Finance and Administration, outlines projects the city would like to work on, if capital outlay or other funding sources become available between 2012 […]

Official seeking public input at city meeting

CNJ staff The City of Clovis is holding a meeting to get public input on infrastructure and capital improvements, according to a news release. The city is revising the Infrastructure and Capital Improvement Plan and officials want to discuss major projects and purchases that should be included. The meeting will be held 10 a.m. Sept. […]

Governor orders freeze on capital projects

By Deborah Baker: The Associated Press SANTA FE — New Mexico Gov. Bill Richardson on Monday ordered a freeze on capital improvement projects around the state, criticizing lawmakers for not cutting such spending during last week’s special session. “These pork projects should be the first to be cut before we take any action that affects […]

Commission to vote on improvements plan

By Sharna Johnson: CNJ staff writer Curry County commissioners are expected to approve a five-year, $56.1 million capital improvement plan during a special meeting Tuesday. The Infrastructure and Capital Improvements Plan — which outlines capital improvement requests the county will make from 2011 to 2015 — shows a focus on road improvement. The commission will […]

Texico, Fort Sumner schools receive capital outlay money

Freedom New Mexico Texico and Fort Sumner Municipal School districts were awarded money from the Public School Capital Outlay Council Thursday, according to a news release. Texico will get $3.8 million in state funds to renovate its schools and Fort Sumner will receive $5.6 million in state funds to renovate the middle and elementary schools. […]