New Mexico
NM
Alamogordo Municipal School District 1
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
New Mexico Statutes Annotated 1978 3-32; Resolution 04-14-15 103-41, County Ordinance 15-01
Otero County, NM
Property Tax; Gross Receipts Tax; Compensating Tax
Tax Exemption
(not specified)
$43
$0
$43
(none)
7784
New Mexico
NM
Albuquerque Municipal School District 12
School District
2019
Tax Abatement - Bernalilio County
General Economic Development
New Mexico Statutes Annotated 7-37-6; 3-45
Bernalillo County, NM
Real and Personal Property Tax
(not specified)
(not specified)
$1,008,509
$0
$1,008,509
All agreements and their recipients are listed in the CAFR.
7785
New Mexico
NM
Albuquerque Municipal School District 12
School District
2019
Tax Abatement - City of Albuquerque
General Economic Development
New Mexico Statutes Annotated 7-37-6; 3-45
Albuquerque NM
Property Tax
(not specified)
(not specified)
$177,110
$0
$177,110
All agreements and their recipients are listed in the CAFR.
7786
New Mexico
NM
Belen Consolidated School District 2
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
New Mexico Statutes Annotated 1978 3-32-1 to 3-32-16
City of Belen, NM
Property Tax
(not specified)
(not specified)
$82,790
$0
$82,790
(none)
7787
New Mexico
NM
Bernalillo County
County
2019
Industrial Development Project
Industrial development
NMSA §4-59 County Industrial Revenue Bond Act and County Ordinance
Bernalillo County, New Mexico
Property Tax
Tax Exemption
Provisions are established in the agreement if termination, the company pays back abated taxes less all amounts paid or may revert to other agreements
$29,619
$38,388
$0
(none)
7788
New Mexico
NM
Bernalillo County
County
2019
Multi-Family Revenue Bonds
Construction/rehabilitation
NMSA §4-59 County Industrial Revenue Bond Act, NMSA §3-45 Municipal Housing Law and County Ordinance
Bernalillo County, New Mexico
Property Tax
Tax Exemption
Issuer can take possession and terminate agreement
$257,733
$27,757
$229,976
(none)
7789
New Mexico
NM
Bernalillo County
County
2019
Taxable Industrial Revenue Bonds
Construction/rehabilitation
NMSA §4-59 County Industrial Revenue Bond Act and County Ordinance
Bernalillo County, New Mexico
Property Tax
Tax Exemption
Provisions are established in the agreement if termination, the company pays back abated taxes less all amounts paid or may revert to other agreements. In some agreements, the issuer can take possession and terminate agreement
$884,076
$1,270,299
$0
(none)
7790
New Mexico
NM
Bernalillo County
County
2019
Various industrial revenue bonds issued by local governments
Construction/rehabilitation
NMSA §4-59 County Industrial Revenue Bond Act, NMSA §3-45 Municipal Housing Law and County Ordinance
City of Albaquuerue
Property Tax
Tax Exemption
Issuer can take possession and terminate agreement
$187,935
$0
$187,935
(none)
7791
New Mexico
NM
Carlsbad Municipal School District 20
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
New Mexico Statutes Annotated 1978 4-59-1 et seq
Eddy County
Property Tax; Gross Receipts Tax; Property Tax Tax
(not specified)
(not specified)
$818,548
$0
$818,548
(none)
7792
New Mexico
NM
City of Albuquerque
Municipality
2019
Tax Abatement Program - Industrial Revenue Bonds
General Economic Development (IRB)
Article 32 NMSA 1978 and City ordinance 3-2-15
Albuquerque, New Mexico
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$177,110
$16,970
$160,140
Provided breakdown by named recipients
https://www.cabq.gov/dfa/treasury/investor-information/comprehensive-annual-financial-reports
7793
New Mexico
NM
City of Las Cruces
Municipality
2019
Community Development Incentive Act
Business attraction/retention/expansion
New Mexico Statutes Annotated 1978 3-64-1 through 3-64-5
Las Cruces, New Mexico
Property Tax
(not specified)
(not specified)
$34,496
$0
$34,496
(none)
https://www.las-cruces.org/Archive.aspx?AMID=37
7794
New Mexico
NM
City of Las Cruces
Municipality
2019
Industrial Revenue Bond Act
Business attraction/retention/expansion
New Mexico Statutes Annotated 1978 3-32-1 through 3-32-16
Las Cruces, New Mexico
Property Tax
(not specified)
(not specified)
$11,869
$0
$11,869
(none)
https://www.las-cruces.org/Archive.aspx?AMID=37
7795
New Mexico
NM
City of Rio Rancho
Municipality
2019
Stonegate Tax Increment Development District
General Economic Development
Tax Increment Development Act, Sections 5-15-1, et seq. NMSA 1978 as amended.
Rio Rancho, New Mexico
Gross Receipts Tax
Tax diversion
(no provisions for recapture)
$162,160
$0
$162,160
(none)
https://www.rrnm.gov/436/Financial-Statements
7796
New Mexico
NM
City of Rio Rancho
Municipality
2019
Titan City Center, LLC Project - Industrial Revenue Bonds Series 2009
General Economic Development
Sections 3-32-1 through 3-32-16, NMSA 1978 Annotated, Exempt from Property Tax under Section 7-36-3(A) NMSA 1978 Annotated
Rio Rancho, New Mexico
Property Tax
Payment In Lieu of Taxes (PILOT)
by agreement
$136,042
$0
$136,042
(none)
https://www.rrnm.gov/436/Financial-Statements
7797
New Mexico
NM
City of Rio Rancho
Municipality
2019
Petroglyph Real Estate Development Gross Receipts Investment Policy Agreement
General Economic Development
City of Rio Rancho Gross Receipts Investment Policy Ordinance, Section 36.77(A)
Rio Rancho, New Mexico
Gross Receipts Tax
Tax refund
(no provisions for recapture)
$97,791
$0
$97,791
(none)
https://www.rrnm.gov/436/Financial-Statements
7798
New Mexico
NM
City of Rio Rancho
Municipality
2019
Call, LLC Project - Industrial Revenue Bonds Series 1998A
General Economic Development
Sections 3-32-1 through 3-32-16, NMSA 1978 Annotated, Exempt from Property Tax under Section 7-36-3(A) NMSA 1978 Annotated
Rio Rancho, New Mexico
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$49,294
$0
$49,294
(none)
https://www.rrnm.gov/436/Financial-Statements
7799
New Mexico
NM
City of Rio Rancho
Municipality
2019
Bank America - Industrial Revenue Bonds Series 1998B
General Economic Development
Sections 3-32-1 through 3-32-16, NMSA 1978 Annotated, Exempt from Property Tax under Section 7-36-3(A) NMSA 1978 Annotated
Rio Rancho, New Mexico
Property Tax
Payment In Lieu of Taxes (PILOT)
If the company ceases operation of the Facility within five years of the issuance of the Bonds, the Company will pay an amount equal to that percentage of the amount of taxes it would have been required to pay if the bonds had not been issued other than with respect to the Rio Rancho School District. Amount is calculated using mill levies and actual property tax valuations for each tax year.
$36,891
$0
$36,891
(none)
https://www.rrnm.gov/436/Financial-Statements
7800
New Mexico
NM
City of Rio Rancho
Municipality
2019
RR Premier Realty, LP Gross Receipts Investment Policy Agreement
General Economic Development
(not specified)
Rio Rancho, New Mexico
(not specified)
(not specified)
(not specified)
$14,260
$0
$14,260
(none)
https://www.rrnm.gov/436/Financial-Statements
7801
New Mexico
NM
City of Rio Rancho
Municipality
2019
The Village at Rio Rancho Tax Increment Development District
General Economic Development
Tax Increment Development Act, Sections 5-15-1, et seq. NMSA 1978 as amended.
Rio Rancho, New Mexico
Gross Receipts Tax
Tax diversion
(no provisions for recapture)
$1,410
$0
$1,410
(none)
https://www.rrnm.gov/436/Financial-Statements
7802
New Mexico
NM
City of Roswell
Municipality
2019
Christmas by Krebs - IRB
General Economic Development
(not specified)
Property tax
IRB
(no provisions for recapture)
$50,000
$0
$50,000
(none)
7803
New Mexico
NM
City of Roswell
Municipality
2019
Leprino Foods Company
General Economic Development
(not specified)
Property tax
IRB
(no provisions for recapture)
$300,000
$0
$300,000
(none)
7804
New Mexico
NM
City of Roswell
Municipality
2019
Sunrise Energy Ventures New Mexico, LLC
General Economic Development
(not specified)
Property tax
IRB
(no provisions for recapture)
$25,000
$0
$25,000
(none)
7805
New Mexico
NM
City of Santa Fe
Municipality
2019
Ridgetop Road, LLC IRB
General Economic Development
NMSA 1978, Sections 3-32-1 to 3-32-16, Industrial Revenue Bond Act.
City of Santa Fe, New Mexico
Property Tax
Tax Abatement
Yes
$563,073
$0
$563,073
Industrial Revenue Bond for the construction of the Thornburg Campus. $65,340.25, which was paid to the Santa Fe Public Schools per lease amendment.
https://www.santafenm.gov/financial_reports_1
7806
New Mexico
NM
Clovis Municipal School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
New Mexico Statutes Annotated 1978 3-32
City of Clovis
Real and Personal Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$831,421
$108,686
$722,735
(none)
7807
New Mexico
NM
Deming Public School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
 Industrial Revenue Bond Act 4‐59‐1 to 4‐59‐16 NMSA 1978
Luna County
Real and Personal Property Tax
(not specified)
Company pay difference between remaining payments in lieu of tax
$175,000
$0
$175,000
Recipient of abatement is Macho Springs Solar LLC
7808
New Mexico
NM
Deming Public School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
New Mexico Statutes Annotated 1978 7-36-3
Luna County
Property tax
(not specified)
Company pay difference between remaining payments in lieu of tax
$92,550
$57,450
$35,100
Recipient of abatement is Macho Springs 1 Bondholder LLC
7809
New Mexico
NM
Deming Public School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
 Industrial Revenue Bond Act 4‐59‐1 to 4‐59‐16 NMSA 1979
Luna County
Property tax
(not specified)
County will take legal action for unpaid amount due
$22,115
$14,048
$8,067
Recipient of abatement is TPE Luna LLC
7810
New Mexico
NM
Dexter Consolidated School District
School District
2019
Payment In Lieu of Tax (PILOT)es (PILOT)
General Economic Development
New Mexico Statutes Annotated 1978 7-36-5
City of Roswell
Property Tax
(not specified)
(not specified)
$4,935
(none)
7811
New Mexico
NM
Dona Ana County
County
2019
Industrial Revenue Bonds
General Economic Development
(not specified)
Dona Ana County
Property Tax
(not specified)
(not specified)
$252,632
$100,403
$152,229
(none)
7812
New Mexico
NM
Dona Ana County
County
2019
City of Las Cruces, New Mexico $5,000,000 Tax Exempt Industrial Revenue Bonds (F&A Diary Products, Inc, Plant Equipment Upgrade Project), 2016 and City of Las Cruces Tax Increment Development District Series 2014
General Economic Development
(not specified)
City of Las Cruces
Property Tax
(not specified)
(not specified)
$102,033
$0
$102,033
(none)
7813
New Mexico
NM
Dora Consolidated School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
Industrial Revenue Bond Act Section 4-59-1 to 4-59-16 NMSA
Roosevelt County
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$121,400
$0
$121,400
Recipient of abatement is Milo Wind Project, LLC
7814
New Mexico
NM
Elida Municipal School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
Industrial Revenue Bond Act Section 4-59-1 to 4-59-16 NMSA
Chaves County
Property Tax
(not specified)
(not specified)
$15,366
$0
$15,366
Recipient of abatement is San Juan Mesa Wind Farm
7815
New Mexico
NM
Elida Municipal School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
Industrial Revenue Bond Act, NMSA 1978, sections 4-59-1 to 4-59-16 (1975, as amended through 2015)
Roosevelt County
Property Tax
(not specified)
(not specified)
$1,837
$75,000
$0
Recipient of abatement is Milo Wind Project, LLC, a Delaware limited liability company
7816
New Mexico
NM
Elida Municipal School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
Industrial Revenue Bond Act, NMSA 1978, sections 4-59-1 to 4-59-16 (1975, as amended through 2015)
Roosevelt County
Property Tax
(not specified)
(not specified)
$10,629
$366,000
$0
Recipient of abatement is Roosevelt Wind Project, LLC, a Delaware limitied liability company
7817
New Mexico
NM
Estancia Municipal School District 7
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
New Mexico Statutes Annotated 1978 4-59-1 et seq; 7-36-4
Torrance County
Property Tax
(not specified)
(not specified)
$149,500
Recipient of abatement High Lonesome Mesa, LLC
7818
New Mexico
NM
Estancia Municipal School District 7
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
New Mexico Statutes Annotated 1978 4-59-1 et seq; 7-36-3
Torrance County
Property Tax
(not specified)
(not specified)
$447,250
Recipient of abatement is El Cabo Wind, LLC
7819
New Mexico
NM
Eunice Public School District
School District
2019
Payment In Lieu of Tax (PILOT)es (PILOT)
General Economic Development
New Mexico Statutes Annotated 1978 section 7-36-5
Lea County
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$4,452,231
Recipients of abatement, a required disclosure, were not provided to the District
7820
New Mexico
NM
Fort Sumner Municipal School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
The County Industrial Revenue Bond Act, 4-59 NMSA 1978
De Baca County
Property Tax Tax
(not specified)
(not specified)
Recipient of abatement is FPL Energy New Mexico Wind, LLC
7821
New Mexico
NM
Fort Sumner Municipal School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
The County Industrial Revenue Bond Act, 4-59 NMSA 1978
De Baca County
Property Tax Tax
(not specified)
(not specified)
Recipient of abatement is Casa Mesa Wind, LLC
7822
New Mexico
NM
Fort Sumner Municipal School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
The County Industrial Revenue Bond Act, 4-59 NMSA 1978
De Baca County
Property Tax Tax
(not specified)
(not specified)
$90,165
Recipient of abatement is FPL Energy New Mexico Wind, LLC
7823
New Mexico
NM
Gadsden Independent School District 16
School District
2019
Moarch Litho Inc, IRB
General Economic Development
Industrial Revenue Bond Act, Section 4‚Äê59‚Äê1 to 4‚Äê 59‚Äê16 NMSA 1978
Dona Ana County
Real and Personal Property Tax
(not specified)
(not specified)
$46,296
$26,963
$19,333
All agreements and their recipients are listed in the CAFR.
7824
New Mexico
NM
Gadsden Independent School District 16
School District
2019
NRG Solar Roadstreet Holdings, LLC - IRB
General Economic Development
Industrial Revenue Bond Act, Section 4‚Äê59‚Äê1 to 4‚Äê 59‚Äê16 NMSA 1978
Dona Ana County
Real and Personal Property Tax
(not specified)
(not specified)
$4,103
$67,000
$0
All agreements and their recipients are listed in the CAFR.
7825
New Mexico
NM
Gadsden Independent School District 16
School District
2019
MCS Realty Partners, LLC - IRB
General Economic Development
Industrial Revenue Bond Act, Section 4‚Äê59‚Äê1 to 4‚Äê 59‚Äê16 NMSA 1978
Dona Ana County
Real and Personal Property Tax
(not specified)
(not specified)
$59,509
$0
$59,509
All agreements and their recipients are listed in the CAFR.
7826
New Mexico
NM
Grady Municipal School District
School District
2019
Payment In Lieu of Tax (PILOT)es (PILOT)
General Economic Development
New Mexico Statutes Annotated 1978 section 7-36-5
The Village of Grady
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$263,021
Recipients of abatements are Broadview Energy Prime, LLC; Broadview Energy KW; Grady Wind Energy Center, LLC
7827
New Mexico
NM
Grants-Cibola County School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
New Mexico Statutes Annotated 1978 7-37-3
Cibola County
Property Tax
(not specified)
(not specified)
$312,500
The information provided indicates that the District did not receive an fewer revenues than it would have received if there was no tax abatement. As such, the District is unable to determine if there is negative affect on the District.
7828
New Mexico
NM
Hagerman Municipal School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
Industrial Revenue Bond Act Section 4-59-1 to 4-59-16 NMSA
City of Roswell
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$2,123
$0
$2,123
Recipient of abatement is Sunrise Energy Ventures New Mexico, LLC
7829
New Mexico
NM
Hatch Valley Public School District
School District
2019
(not specified)
General Economic Development
New Mexico Community Development Incentive Act Statutes 3‚Äê64‚Äê1 to 3‚Äê64‚Äê5 NMSA 1978
Dona Ana County
Property Tax
(not specified)
If project ceases, commercial personal Property Tax that were previously abated shall become due and payable on a proportionate basis
$34,496
$0
$34,496
Recipient of abatement is SunEdison
7830
New Mexico
NM
House Municipals School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
New Mexico Industrial Revenue Bond Act
Quay County
Property Tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$128,254
$96,000
$32,254
Recipient of abatement is FPL New Mexico Wind, LLC
7831
New Mexico
NM
Lake Arthur Municipal School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
Industrial Revenue Bond Act Section 4-59-1 to 4-59-16 NMSA
Chaves County
Property Tax
Payment In Lieu of Taxes (PILOT)
(N/A - no programs in 2019)
$25,000
Recipient of abatement is Anderson Wind Farm; Other information required for the GASB 77 disclosure was not provided to the District
7832
New Mexico
NM
Los Lunas School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
New Mexico Statutes Annotated 1978 3-32-1 to 3-32-17
Village of Los Lunas
Property Tax
(not specified)
(N/A - no programs in 2019)
$50,000
$0
$50,000
Recipient of abatement Walmart Stores East, Inc. Project-Series 1997; $50,000,000
7833
New Mexico
NM
Los Lunas School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
New Mexico Statutes Annotated 1978 3-32-1 to 3-32-16
Village of Los Lunas
Property Tax
(not specified)
(N/A - no programs in 2019)
$50,000
$8,298
$41,702
Recipient of abatement ACIM Project, Series 2014; $30,000,000
7834
New Mexico
NM
Los Lunas School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
New Mexico Statutes Annotated 1978 3-32-1 to 3-32-18
Village of Los Lunas
Property Tax
(not specified)
(N/A - no programs in 2019)
$30,000
$16,700
$13,300
Recipient of abatement Fresenius Medical Care Project-Series 2005; $6,000,000
7835
New Mexico
NM
New Mexico
State
2019
Film Production Tax Credit
Film, TV, and/or media
Section Section 7-2F-6 NMSA 19787-9-114 NMSA 1978
State of New Mexico
Personal or Corporate Income Tax
Tax Credit
(not specified)
$150,000,000
$0
$150,000,000
(none)
https://www.nmdfa.state.nm.us/new-mexico-annualreport/
7836
New Mexico
NM
Rio Rancho Public School District 94
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
Property Tax Code New Mexico Statutes Annotated 7, 35 to 7,38
Sandoval County
Real and personal Property Tax
Tax Abatement
(not specified)
$3,509,927
$0
$3,509,927
$16,000,000,000 Sandoval County, New Mexico Taxable Industrial Revenue Bonds, (Intel Corporation Project), Series 2004 C3
7837
New Mexico
NM
Rio Rancho Public School District 94
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
Property Tax Code New Mexico Statutes Annotated 7, 35 to 7,39
City of Rio Rancho
Property Tax
Tax Abatement
(not specified)
$39,108
$39,108
$0
Property leased by Bank of America; the proceeds of which will be used to finance the acquisition and construction of property
7838
New Mexico
NM
Rio Rancho Public School District 94
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
Property Tax Code New Mexico Statutes Annotated 7, 35 to 7,40
City of Rio Rancho
Property Tax
Tax Abatement
(not specified)
$52,256
$52,256
$0
City leased to facility to Call, LLC who will be sub-leased to Safelite Solutions LLC.
7839
New Mexico
NM
Rio Rancho Public School District 94
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
Property Tax Code New Mexico Statutes Annotated 7, 35 to 7,41
City of Rio Rancho
Property Tax
Tax Abatement
(not specified)
$144,216
$144,216
$0
The City will lease the property to Titan City Ceter, LLC which will be sub-leased to Hewlett-Packard Company.
7840
New Mexico
NM
Roswell Independent School District 4
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
Industrial Revenue Bond Act, Section 4‚Äê59‚Äê1 to 4‚Äê 59‚Äê16 NMSA 1978
Chaves County
Property Tax
(not specified)
(not specified)
$685,765
$0
$685,765
Recipients of abatement are Roswell Solar Series 2015A and AC Nutrition Series 2000
7841
New Mexico
NM
San Jon Municipal School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
New Mexico County Industrial Revenue Bond Act
Quay County
Property Tax
Payment In Lieu of Taxes (PILOT)
(N/A - no programs in 2019)
$128,254
$86,000
$42,254
Recipient of abatement is FPL Energy New Mexico Wind, LLC
7842
New Mexico
NM
San Juan County
County
2019
Industrial Revenue Bond
General Economic Development
(not specified)
San Juan County
Property Tax
(not specified)
Yes
At June 30, 2019, the County had one taxable industrial revenue bond project that resulted in an abatement of taxes less than $50,000
7843
New Mexico
NM
Sandoval County
County
2019
Industrial Revenue Bonds - Intel Corp.
General Economic Development
County Revenue Bond Act (Sections 4-62-1 through 4-62-10, NMSA 1978 as amended); the County Industrial Revenue Bond Act (Sections 4-59-1 through 4-59-16, NMSA 1978, as amended); the County Pollution Control Revenue Bond Act (Sections 4-60-1 through 4-60-15, NMSA 1978 as amended); Municipal Housing law (Sections 3-45-1 through 3-45-25, NMSA 1978, as amended); and the Home Rule County Validation Act (Sections 4-37-10 through 4-37-13, NMSA 1978, as amended.
Sandoval County
Property Tax on real property and personal property used in business
Tax Abatement
Prior to December 31, 2014, Intel Corportation was obligated to pay "Contingent PILOT" payments if the entire principal amount of the bonds had been disbursed, or if at least $10,000,000,000 had been disbursed by December 31, 2014. The amount and scheduling of the payment was dependent on how much of the balance had been disbursed as of that date. The County and Intel Corporation signed a First Lease Amendment dated 6/2/2019, to the Lease Agreement, pursuant to County Oridinance 4-25-19.10 that provides for an extension of the time period for Intel to spend proceeds from the IRB until October 24, 2024. In exchange Intel shall pay the County an additional $1,000,000 in December of 2020 and 2021 and $500,000 in December of 2022 and 2023.
$8,869,654
$9,150,000
$0
(none)
7844
New Mexico
NM
Sandoval County
County
2019
Industrial Revenue Bonds - Titan City Center, LLC
General Economic Development
Property Tax Code NMSA Chapter 7 Articles 35-38
City of Rio Rancho
Property Tax
Tax Abatement
(not specified)
$142,897
$0
$142,897
(none)
7845
New Mexico
NM
Sandoval County
County
2019
Industrial Revenue Bonds - Bank of America
General Economic Development
County Revenue Bond Act (Sections 4-62-1 through 4-62-10, NMSA 1978 as amended); the County Industrial Revenue Bond Act (Sections 4-59-1 through 4-59-16, NMSA 1978, as amended); the County Pollution Control Revenue Bond Act (Sections 4-60-1 through 4-60-15, NMSA 1978 as amended); Municipal Housing law (Sections 3-45-1 through 3-45-25, NMSA 1978, as amended); and the Home Rule County Validation Act (Sections 4-37-10 through 4-37-13, NMSA 1978, as amended.
Rio Rancho NM
Property Tax on real property and personal property used in business
Tax Abatement
Prior to December 31, 2014, Intel Corportation was obligated to pay "Contingent PILOT" payments if the entire principal amount of the bonds had been disbursed, or if at least $10,000,000,000 had been disbursed by December 31, 2014. The amount and scheduling of the payment was dependent on how much of the balance had been disbursed as of that date. The County and Intel Corporation signed a First Lease Amendment dated 6/2/2019, to the Lease Agreement, pursuant to County Oridinance 4-25-19.10 that provides for an extension of the time period for Intel to spend proceeds from the IRB until October 24, 2024. In exchange Intel shall pay the County an additional $1,000,000 in December of 2020 and 2021 and $500,000 in December of 2022 and 2023.
$38,750
$0
$38,750
(none)
7846
New Mexico
NM
Sandoval County
County
2019
Industrial Revenue Bonds - Call, LLC
General Economic Development
County Revenue Bond Act (Sections 4-62-1 through 4-62-10, NMSA 1978 as amended); the County Industrial Revenue Bond Act (Sections 4-59-1 through 4-59-16, NMSA 1978, as amended); the County Pollution Control Revenue Bond Act (Sections 4-60-1 through 4-60-15, NMSA 1978 as amended); Municipal Housing law (Sections 3-45-1 through 3-45-25, NMSA 1978, as amended); and the Home Rule County Validation Act (Sections 4-37-10 through 4-37-13, NMSA 1978, as amended.
Rio Rancho NM
Property Tax
Tax Abatement
Prior to December 31, 2014, Intel Corportation was obligated to pay "Contingent PILOT" payments if the entire principal amount of the bonds had been disbursed, or if at least $10,000,000,000 had been disbursed by December 31, 2014. The amount and scheduling of the payment was dependent on how much of the balance had been disbursed as of that date. The County and Intel Corporation signed a First Lease Amendment dated 6/2/2019, to the Lease Agreement, pursuant to County Oridinance 4-25-19.10 that provides for an extension of the time period for Intel to spend proceeds from the IRB until October 24, 2024. In exchange Intel shall pay the County an additional $1,000,000 in December of 2020 and 2021 and $500,000 in December of 2022 and 2023.
$51,778
$0
$51,778
(none)
7847
New Mexico
NM
Santa Fe County
County
2019
Industrial Revenue Bond Series 2007 for the Ridgetop Road, LLC Project
General Economic Development
(not specified)
Santa Fe, NM
Property Tax
Tax Abatement
(not specified)
$240,222
$0
$240,222
(none)
7848
New Mexico
NM
Springer Municipal School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
Industrial Revenue Bond Act Section 4-59 NMSA 1978
Colfax County
Property Tax
Payment In Lieu of Taxes (PILOT)
(N/A - no programs in 2019)
$112,194
Recipient of abatement is a solar farm; Other required information required for the GASB 77 disclosure was not provided to the District
7849
New Mexico
NM
Texico Municipal School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
New Mexico Statutes Annotated section 7-26-3
Village of Grady
Gross Receipts Tax; Property Tax
Payment In Lieu of Taxes (PILOT)
(N/A - no programs in 2019)
$52,400
Recipient of abatement is Broadview Energy KW LLC;
7850
New Mexico
NM
Texico Municipal School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
New Mexico Statutes Annotated section 7-26-3
Village of Grady
Gross Receipts Tax; Property Tax
Payment In Lieu of Taxes (PILOT)
(N/A - no programs in 2019)
$66,600
Recipient of abatement is Broadview Energy JN LLC
7851
New Mexico
NM
Texico Municipal School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
New Mexico Statutes Annotated section 7-26-3
Village of Grady
Gross Receipts Tax; Property Tax
Payment In Lieu of Taxes (PILOT)
(N/A - no programs in 2019)
$81,000
Recipient of abatement is Grady Wind Energy LLC
7852
New Mexico
NM
Tucumcari Public School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
New Mexico Statutes Annotated 1978 4-59-2(F)(4)b)
Quay County
Property tax; Property Tax tax
Payment In Lieu of Taxes (PILOT)
(not specified)
$2,695
$30,251
$0
Recipient of these abatements are Caprock Wind LLC and Caprock Solar 1 LLC
7853
New Mexico
NM
Vaughn Municipal School District
School District
2019
Industrial Revenue Bonds (IRB)
General Economic Development
(not specified)
Torrance County
Property Tax; Property Tax Distribution
(not specified)
(N/A - no programs in 2019)
$134,000
Recipient of abatement is El Cabo Wind, LLC. County Assessor's office has no record of any values to determine any reductions
7854
71