Bernalillo County Commission approves $9M industrial revenue bond
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- Andy Beale
- Digital Producer- Albuquerque Business First
Last night, the Bernalillo County Commission approved a $9 million industrial revenue bond for United Poly Systems, which the council says will help the company create 35 new jobs in the state.
The bond will not give money directly to the company, but will instead provide it with tax breaks on land purchases and construction of a new manufacturing facility in the Mesa Del Sol community. The company said the IRB will help it create the 35 new jobs by 2016.
County Commission Vice Chair Art De La Cruz said the bond approval shows the commission's commitment to economic development in the state.
"United Poly Systems is bringing good jobs, and jobs with benefits, that our residents can fill today," he said. "I'm proud to say that Bernalillo County is becoming known for its commitment to economic development throughout the region."
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