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	<title>New Mexico Independent &#187; SunCal</title>
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	<link>http://newmexicoindependent.com</link>
	<description>New Mexico news and politics</description>
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		<title>SunCal land buyer, Western Albuquerque Landholding, is a mystery</title>
		<link>http://newmexicoindependent.com/63541/suncal-land-buyer-western-albuquerque-landholding-is-a-mystery</link>
		<comments>http://newmexicoindependent.com/63541/suncal-land-buyer-western-albuquerque-landholding-is-a-mystery#comments</comments>
		<pubDate>Mon, 20 Sep 2010 20:28:47 +0000</pubDate>
		<dc:creator>Marjorie Childress</dc:creator>
				<category><![CDATA[Blog/Center Well]]></category>
		<category><![CDATA[SunCal]]></category>
		<category><![CDATA[Western Albuquerque Landholding]]></category>
		<category><![CDATA[Westland Development Co.]]></category>

		<guid isPermaLink="false">http://newmexicoindependent.com/?p=63541</guid>
		<description><![CDATA[<p>The company that purchased the 55,000 acre former Atrisco Land Grant on Albuquerque&#8217;s west side is brand spanking new. It<a href="https://delecorp.delaware.gov/tin/controller"> incorporated in Delaware</a> on September 15, just a few days before buying the massive property at an auction on&#8230;</p>]]></description>
			<content:encoded><![CDATA[<p>The company that purchased the 55,000 acre former Atrisco Land Grant on Albuquerque&#8217;s west side is brand spanking new. It<a href="https://delecorp.delaware.gov/tin/controller"> incorporated in Delaware</a> on September 15, just a few days before buying the massive property at an auction on the steps of the Bernalillo County Courthouse last week.<span id="more-63541"></span></p>
<p>The property was<a href="http://www.scribd.com/doc/32799905/SunCal-Barclays-Albuquerque-Foreclosure-Complaint"> foreclosed on last December </a>by Barclays Capital Real Estate after SunCal Corporation and D.E. Shaw failed to make payments on their outstanding $180 million debt, for which the property was used as collateral.</p>
<p>SunCal <a href="http://newmexicoindependent.com/50805/suncal-files-for-bankruptcy-on-new-mexico-property">filed for bankruptcy</a> on the project in the spring, with $361 million in assets, and $198 million in debts. At the time, the company said it needed time to try to come to an agreement with its creditors.</p>
<p>That bankruptcy claim was dismissed by a judge in June, and the property was put in the hands of a neutral third party, then auctioned off last week on behalf of Barclays and other creditors, selling for $148 million to Western Albuquerque Landholding Company.</p>
<p>SunCal management has offered to help the new company manage its  property here in Albuquerque, according to the Albuquerque Journal.</p>
<p>The massive property was purchased by SunCal Corporation in 2007 from Atrisco  heirs after a contentious debate. SunCal mounted a campaign to convince shareholders in Westland Development Corporation, which had been formed by Atrisco heirs decades before to manage the land, to sell their interest in the land.<a href="http://www.secinfo.com/d14D5a.v5vZ9.htm"> Securities and Exchange Commission filings </a>by SunCal&#8217;s parent company, SCC Acquisitions, show the telephone scripts used by the company to urge shareholders to vote in the election about whether to sell the land to the company, or not.</p>
<p>SunCal, one of the largest  privately held land developers in the west, ran into problems when the housing market crashed.</p>
<p>When its properties began going belly up in California, it&#8217;s representatives in New Mexico, under it&#8217;s subsidiary Westland Devco LLC., assured legislators and the broader public that the financial difficulties would have no impact in New Mexico. In 2009 the company mounted a massive public relations campaign, spending at least $250 thousand dollars, to convince legislators to authorize tax increment development bonds for their planned developments.</p>
<p>Those bonds would have been paid back, in theory, by taxes generated within the boundaries of the planned communities, once companies and residents were in place.</p>
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		<title>SunCal property sold to Western Albuquerque Land Holdings</title>
		<link>http://newmexicoindependent.com/63493/suncal-property-sold-to-western-albuquerque-land-holdings</link>
		<comments>http://newmexicoindependent.com/63493/suncal-property-sold-to-western-albuquerque-land-holdings#comments</comments>
		<pubDate>Fri, 17 Sep 2010 15:53:05 +0000</pubDate>
		<dc:creator>Marjorie Childress</dc:creator>
				<category><![CDATA[Blog/Center Well]]></category>
		<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[Roundhouse]]></category>
		<category><![CDATA[development]]></category>
		<category><![CDATA[Growth]]></category>
		<category><![CDATA[SunCal]]></category>
		<category><![CDATA[TIDDs]]></category>
		<category><![CDATA[Western Albuquerque Land Holdings]]></category>
		<category><![CDATA[Westland]]></category>

		<guid isPermaLink="false">http://newmexicoindependent.com/?p=63493</guid>
		<description><![CDATA[<p><span>A piece of land on Albuquerque&#8217;s west side that&#8217;s large enough to hold a mid-sized city was sold yesterday on the Bernalillo County Courthouse steps for $148 million. The land was purchased by </span><a href="http://www.suncal.com/about/">SunCal Corporation</a><span> in 2007 for $250 million from</span>&#8230;</p>]]></description>
			<content:encoded><![CDATA[<p><span>A piece of land on Albuquerque&#8217;s west side that&#8217;s large enough to hold a mid-sized city was sold yesterday on the Bernalillo County Courthouse steps for $148 million. The land was purchased by </span><a href="http://www.suncal.com/about/">SunCal Corporation</a><span> in 2007 for $250 million from the Atrisco land grant heirs, who had held the land for centuries.</span></p>
<p><span><span id="more-63493"></span>The purchaser, Western Albuquerque Land Holdings, LLC, is a mystery, according to the <a href="http://www.abqjournal.com/news/metro/17234452235newsmetro09-17-10.htm">Albuquerque Journal</a>, which noted &#8220;</span>It is unclear who has a financial interest in Western Albuquerque Land Holdings LLC or what the company plans to do with the property.&#8221;</p>
<p><span>Suncal had been one of the largest real estate developers in the West but was blindsided when the housing bubble burst a few years ago. When its development projects elsewhere began to go belly up, its subsidiary in New Mexico assured state legislators that the project here was shielded from the national crisis. But ultimately that wasn&#8217;t the case, and i</span>n April 2010, SunCal Corporation’s New Mexico subsidiary, Westland DevCo, <a href="http://newmexicoindependent.com/50805/suncal-files-for-bankruptcy-on-new-mexico-property">filed for Chapter 11 protection</a> in a U.S. bankruptcy court in Delaware.</p>
<p>In 2009, SunCal had <a href="http://ethics.sos.state.nm.us/LOBBY/SCCACQ.HTM">eight professional lobbyists</a> and <a href="http://newmexicoindependent.com/23781/sun-cal-spent-232540-for-tidd-advertising">spent $232,540</a> on an advertising campaign in support of its quest to obtain a tax increment development district, or TIDD for the project. The creation of the TIDD would have allowed the company to use future tax revenues to pay for building roads, sewer and water lines, and parks.</p>
<p>The bill passed the Senate, but failed on the floor of the House in a stunning vote on the last night of the session.</p>
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		<title>SunCal files for bankruptcy on New Mexico property</title>
		<link>http://newmexicoindependent.com/50805/suncal-files-for-bankruptcy-on-new-mexico-property</link>
		<comments>http://newmexicoindependent.com/50805/suncal-files-for-bankruptcy-on-new-mexico-property#comments</comments>
		<pubDate>Tue, 06 Apr 2010 19:21:38 +0000</pubDate>
		<dc:creator>Marjorie Childress</dc:creator>
				<category><![CDATA[Blog/Center Well]]></category>
		<category><![CDATA[D.E. Shaw]]></category>
		<category><![CDATA[SunCal]]></category>
		<category><![CDATA[Tax Increment Development District]]></category>
		<category><![CDATA[TIDD]]></category>
		<category><![CDATA[Westland]]></category>

		<guid isPermaLink="false">http://newmexicoindependent.com/?p=50805</guid>
		<description><![CDATA[<p>SunCal Corporation&#8217;s New Mexico subsidiary, Westland DevCo, has <a href="http://www.abqjournal.com/news/metro/062343492619newsmetro04-06-10.htm">filed for Chapter 11 protection</a> in a U.S. bankruptcy court in Delaware.  SunCal bought the 57,000 acre Atrisco land grant on the western fringe of Albuquerque in 2006, for about $250&#8230;</p>]]></description>
			<content:encoded><![CDATA[<p>SunCal Corporation&#8217;s New Mexico subsidiary, Westland DevCo, has <a href="http://www.abqjournal.com/news/metro/062343492619newsmetro04-06-10.htm">filed for Chapter 11 protection</a> in a U.S. bankruptcy court in Delaware.  SunCal bought the 57,000 acre Atrisco land grant on the western fringe of Albuquerque in 2006, for about $250 million, with plans to develop it into a new city. It&#8217;s partner in the acquisition was D.E. Shaw, a New York investment firm. Since then, SunCal has been <a href="http://www.orangecountybankruptcies.com/2008/11/14/fifteen-suncal-lehman-brothers-developments-in-bankruptcy/">plagued by bankruptcies </a> as it got caught up in a real estate market gone bust.</p>
<p><span id="more-50805"></span>Lenders filed a lawsuit in state court against Westland last December, in a bid to recoup a $180 million in outstanding loans. The land had been put up as collateral.</p>
<p>In addition to the balance of the loans to purchase the property, the company <a href="http://www.abqjournal.com/news/metro/062343492619newsmetro04-06-10.htm">owes a list of creditors</a>:</p>
<blockquote><p><span><span> The bankruptcy filing lists creditors with unsecured claims including law firms Jones Day in New York and Modrall Sperling Roehl in Albuquerque, accountant firm Deloitte &amp; Touche, and architectural, landscaping, lobbying and public relations firms. The partnership has continued spending to preserve and enhance the value of the development, including payment of about $217,000 in real estate taxes; $134,000 on water and renewable energy development; and $110,000 on a long-range development plan, according to Westland&#8217;s statement. It has also explored funding and permitting for a 247-acre solar farm and broadband services. </span></span></p></blockquote>
<p>Westland has been a controversial company in New Mexico. A state statute passed the same year the property was purchased enables legislators to approve the issuance of bonds backed by future state taxes to fund new development projects. But the company found itself <a href="../22946/sun-cal-tidd-fails-to-pass-the-house">unable to convince New Mexico legislators </a>in 2008 and 2009 to greenlight such a tax deal, called a TIDD, which would have allowed the company to issue $408 million in bonds to pay for the first stage of its development. The bonds would have been backed by future taxes generated within the new development.</p>
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		<title>Adios, 2009! A look back at the year in state news</title>
		<link>http://newmexicoindependent.com/43593/adios-2009-a-look-back-at-the-year-in-state-news</link>
		<comments>http://newmexicoindependent.com/43593/adios-2009-a-look-back-at-the-year-in-state-news#comments</comments>
		<pubDate>Fri, 01 Jan 2010 07:01:53 +0000</pubDate>
		<dc:creator>Trip Jennings</dc:creator>
				<category><![CDATA[ABQ elections]]></category>
		<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[Front Page]]></category>
		<category><![CDATA[Health Care]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Poverty]]></category>
		<category><![CDATA[Roundhouse]]></category>
		<category><![CDATA[Slot 3 (deprecated)]]></category>
		<category><![CDATA[Top Stories]]></category>
		<category><![CDATA[Anthony Correra]]></category>
		<category><![CDATA[Bode Aero Services]]></category>
		<category><![CDATA[furloughs]]></category>
		<category><![CDATA[Gary Bland]]></category>
		<category><![CDATA[Gov. Bill Richardson]]></category>
		<category><![CDATA[Greg Fouratt]]></category>
		<category><![CDATA[GRIPgate]]></category>
		<category><![CDATA[Growth]]></category>
		<category><![CDATA[Jerome Block Jr.]]></category>
		<category><![CDATA[John Bode]]></category>
		<category><![CDATA[Marc Correra]]></category>
		<category><![CDATA[Martin Chavez]]></category>
		<category><![CDATA[Medicaid]]></category>
		<category><![CDATA[pat lyons]]></category>
		<category><![CDATA[Rebecca Vigil Giron]]></category>
		<category><![CDATA[Richard Berry]]></category>
		<category><![CDATA[Richard Romero]]></category>
		<category><![CDATA[State Investment Council]]></category>
		<category><![CDATA[SunCal]]></category>
		<category><![CDATA[TIDDs]]></category>
		<category><![CDATA[Vincent "Smiley" Gallegos]]></category>

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		<description><![CDATA[Political scandals, former elected officials getting indicted, electoral surprises and an occasional David toppling a Goliath--2009 had it all.]]></description>
			<content:encoded><![CDATA[<div id="attachment_13839" class="wp-caption alignleft" style="width: 310px"><a href="http://newmexicoindependent.com/wp-content/uploads/2009/01/bill-richardson-press-conference-pic2.jpg"><img class="size-medium wp-image-13839 " title="bill-richardson-press-conference-pic2" src="http://newmexicoindependent.com/wp-content/uploads/2009/01/bill-richardson-press-conference-pic2-300x225.jpg" alt="Gov. Bill Richardson accepting President-elect Obama's nomination to be U.S. commerce secretary last month." width="300" height="225" /></a><p class="wp-caption-text">Gov. Bill Richardson</p></div>
<p>As 2009 staggers into the history books, exhausted and a bit lighter in the pockets than when it first appeared on the scene, let’s acknowledge this: the year gave us plenty to write about.</p>
<p>Accusations of pay-to-play, former elected officials getting indicted, electoral surprises and an occasional David toppling a Goliath — 2009 produced it all, giving the year a healthy luster of newsworthiness despite its threadbare look.</p>
<p>The year showed incredible stamina, in fact, with a steady drumbeat of scoops, gotchas and revelations, exhausting many a political junkie and news professional. And 2009 didn’t take long to demonstrate its capacity to shock.</p>
<p>On the fourth day of 2009, an announcement in Washington landed in New Mexico with all the percussive power of a bombshell: <a href="http://newmexicoindependent.com/13830/breaking-nbc-news-reports-that-richardson-is-withdrawing-his-name-as-commerce-secretary">Gov. Bill Richardson was withdrawing</a> as President Obama’s commerce secretary, citing a federal corruption investigation into how his administration conducted business.</p>
<p>And the news kept coming.</p>
<p>Some 360 later, the year is ending the way it began — scrutiny, including from federal prosecutors, on how the state invested its money over the past half decade.</p>
<p>In between those two bookends, the state of New Mexico also came to the disturbing realization that it was broke, Albuquerque’s longtime mayor fell short of winning a third four-year term — knocked off by a long-shot two-term GOP state lawmaker — and two former elected officials found themselves on the business end of a criminal indictment.</p>
<p>It’s unclear whether what transpired this year will change the political dynamic here in New Mexico, or lead to more government transparency. But before The New Mexico Independent gets back into the daily grind, let’s take a deep breath and reflect on the busy year that was.</p>
<p><strong><a href="http://newmexicoindependent.com/43787/adios-2009-scandals">Click here to begin with: </a></strong><strong><a href="http://newmexicoindependent.com/43787/adios-2009-scandals">Scandals</a></strong></p>
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		<title>Albuquerque: You Have a New Mayor</title>
		<link>http://newmexicoindependent.com/38558/albuquerque-you-have-a-new-mayor</link>
		<comments>http://newmexicoindependent.com/38558/albuquerque-you-have-a-new-mayor#comments</comments>
		<pubDate>Wed, 07 Oct 2009 07:42:23 +0000</pubDate>
		<dc:creator>Trip Jennings</dc:creator>
				<category><![CDATA[ABQ elections]]></category>
		<category><![CDATA[Slot 3 (deprecated)]]></category>
		<category><![CDATA[Top Stories]]></category>
		<category><![CDATA[albuquerque mayor's race]]></category>
		<category><![CDATA[Dan lewis]]></category>
		<category><![CDATA[Martin Chavez]]></category>
		<category><![CDATA[Michael Cadigan]]></category>
		<category><![CDATA[Moving Albuquerque Forward]]></category>
		<category><![CDATA[Richard Berry]]></category>
		<category><![CDATA[Richard Romero]]></category>
		<category><![CDATA[SunCal]]></category>

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		<description><![CDATA[The big story Tuesday night was R.J. Berry. The two-term Republican state Representative did well in Democratic strongholds.  He won with independents. In fact, Berry walked away with what had been viewed as a close race, besting Mayor Martin Chavez and Richard Romero and avoiding a two-man runoff by capturing nearly 44 percent of the vote.]]></description>
			<content:encoded><![CDATA[<div id="attachment_38699" class="wp-caption alignleft" style="width: 358px"><a href="http://mgbralley-whatswrongwiththispicture.blogspot.com/"><img class="size-large wp-image-38699   " title="Berry-Victory_0375w" src="http://newmexicoindependent.com/wp-content/uploads/2009/10/Berry-Victory_0375w-580x336.jpg" alt="R.J. Berry accepts his victory as his parents, son and wife cheer. Photo by MG Bralley" width="348" height="200" /></a><p class="wp-caption-text">R.J. Berry accepts his victory as his parents, son and wife cheer. Photo by Mark Bralley.</p></div>
<p>GOP challenger Richard Berry surprised even himself Tuesday, knocking off longtime Democratic Mayor Martin Chavez and avoiding a two-man runoff while doing it.</p>
<p>Berry, a two-term Republican state legislator, bested Chavez in convincing fashion, collecting nearly 44 percent of votes to Chavez&#8217;s 35 percent. Richard Romero received nearly 21 percent of the vote. Only provisional ballots remained to be counted early Wednesday.</p>
<p>Berry&#8217;s victory, while surprising, was not as shocking as it would have seemed two months ago. An Albuquerque Journal poll published in the waning days of the mayor&#8217;s race<a href="../37583/abq-journal-poll-berry-leads-with-31-chavez-at-26-romero-24" target="_blank"> showed Berry ahead of Chavez and Romero</a>. That poll set off a wild sprint among the three mayoral campaigns, as each hurled negative attacks at each other in hopes of gaining momentum heading into election day.</p>
<p>But within an hour of the polls&#8217; closing, there were signs that Berry was flirting with the previously unthinkable: He would take down a three-term Democratic mayor and make it look easy.</p>
<p>&#8220;We’re really disappointed in some of the precincts [where] we thought we’d do better,&#8221; Romero said at his house, about an hour after polls closed. &#8220;Berry has just shown some strength in some areas that we weren’t expecting, you know. Independents seem to have gone with him. And they’re the swing votes in any election here in Albuquerque. His message maybe connected with them better.&#8221;</p>
<p>It was the same story, over and over again Tuesday: Berry defied expectations.</p>
<p>A somber Chavez seemed to acknowledge that fact about 9:45 p.m., when he addressed a hangdog-looking crowd of his supporters at O&#8217;Niell&#8217;s Irish Pub in Nob Hill.</p>
<p>“The votes are not all counted,&#8221; Chavez said, his microphone flickering on and off. &#8220;Clearly, if the trend continues, R.J. Berry will be the next mayor of Albuquerque this evening. I have spoken with R.J. I’ve congratulated him on a great campaign. He and I will be meeting tomorrow at noon.”</p>
<p>Chavez, who was Albuquerque&#8217;s mayor for a total of three terms, and who briefly ran for U.S. Senate, clearly was coming to grips with a sooner-than-expected end to his run as mayor of New Mexico&#8217;s largest city.</p>
<p>&#8220;I’m really proud of what’s been accomplished in this city,&#8221; he told a scrum of reporters wedged into the crowd of supporters. &#8220;We did things that folks said couldn’t be done. If this is my last term, I leave this city, my hometown, a much better place.&#8221;</p>
<p>As for what the future held for him, Chavez quipped that he would find a job.</p>
<p>What type of job, a reporter asked.</p>
<p>&#8220;Whatever is lucrative,&#8221; Chavez said. &#8220;I have made tremendous financial sacrifices in this job and I am looking forward to spending more time with my kids and providing for their future.&#8221;</p>
<p>Meanwhile, Berry was reluctant to declare victory until late Tuesday night.</p>
<p>&#8220;We&#8217;re not there yet,&#8221; Berry told well wishers who congratulated him on his victory.</p>
<p>Berry attributed his election night success to a combination of factors, including his business background, &#8220;a common sense attitude,&#8221; and his four years in the state Legislature.</p>
<p>And he wasn&#8217;t totally surprised by his showing.</p>
<p>&#8220;As we’ve gone through the campaign, we’ve seen common things when we’ve talked to people,&#8221; Berry said. &#8220;We haven’t had a whole lot of negative feedback in our campaign. We’ve talked to a lot of people. We see a lot of people nodding their heads up and down.&#8221;</p>
<p><strong>Republican majority wins City Council </strong></p>
<p>Chavez wasn&#8217;t the only incumbent to lose Tuesday night.</p>
<p>City Councilor Michael Cadigan lost a bid Tuesday to serve another four-year term, altering the makeup of the city council at a time when the city&#8217;s growth has emerged as a major consideration. Cadigan lost to newcomer Dan Lewis in a race that some said was part of an organized campaign. Some city council members charged that a large California developer had targeted Cadigan as an opponent of a special tax plan to help the developer pay for roads, water and sewers for a huge mixed-use development on the city&#8217;s west side.</p>
<p>Cadigan struggled against a last-minute attack by a political committee called <a href="../37831/suncal-targets-cadigan-in-election-mailer" target="_blank">Moving Albuquerque Forward</a>, which was financed, in part, by SunCal, a large California developer. The organization sent out <a href="../37831/suncal-targets-cadigan-in-election-mailer" target="_blank">flyers </a>criticizing Cadigan&#8217;s tenure as councilor for District 5.</p>
<p>City Council President Isaac Benton easily dispatched term-limited Bernalillo County Commissioner Alan Armijo.</p>
<p><strong>Mayor&#8217;s race: a wild sprint</strong></p>
<p>Early on it appeared as if the incumbent might walk away with the race, but unlike the city council races, the mayor&#8217;s race ended in a wild sprint.</p>
<p>While Berry and Romero started hammering away at Chavez in the spring, it wasn&#8217;t until the last three weeks that Chavez took the gloves off. His campaign put out advertisements questioning <a href="../36904/abq-mayoral-race-chavez-challenges-berrys-business-credentials" target="_blank">Richard Berry’s business experience</a>, in light of Berry’s frequent claim that he’d run city government more like a business.</p>
<p>For much of the spring and summer, Chavez appeared to stay above the fray, ignoring the critiques in an attempt to strike a pose of a veteran chief executive concerned more with governing than the day-to-day politics of a campaign.</p>
<p>But this was a bruising campaign for Chavez. Amid all the criticisms from the Romero and Berry campaigns, Chavez had to fend off accusations that his administration sought favors in return for city contracts.</p>
<p>A city contractor, John Bode of Bode Aero Services, made detailed allegations against the mayor and some city staff involving pressure for favors in sworn testimony; Chavez called Bode’s lawsuit “absolute garbage.”</p>
<p>Chavez mentioned none of those setbacks Tuesday night as he delivered what was in all respects a concession speech.</p>
<p>&#8220;I believe in my heart these races and the mayorship, it is not a football game, it’s not a baseball game, with a winner and a loser,&#8221; Chavez said, addressing his supporters. &#8220;It’s a relay race. And each mayor has to move that baton, have to move that team forward. And I am proud we’ve moved the city of Albuquerque forward immeasurably.&#8221;</p>
<p>Then he told the crowd about an exchange he had had with a voter Tuesday.</p>
<p>“I had someone approach me at a polling place today and said you know Albuquerque was like a little ugly duckling but under your administration it spread its wings and today it’s a beautiful swan,” the mayor said.</p>
<h6>Follow <a href="http://twitter.com/nmindependent">NMI on Twitter</a> and become a fan of <a href="http://www.facebook.com/pages/New-Mexico-Independent/92519901882">NMI on Facebook</a>. Got a news tip? Want to pitch a story idea? <a href="mailto:tips@newmexicoindependent.com">Send us an e-mail</a>.</h6>
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		<title>ABQ council races could determine how city grows</title>
		<link>http://newmexicoindependent.com/38004/abq-council-races-could-determine-how-city-grows</link>
		<comments>http://newmexicoindependent.com/38004/abq-council-races-could-determine-how-city-grows#comments</comments>
		<pubDate>Thu, 01 Oct 2009 19:46:26 +0000</pubDate>
		<dc:creator>Trip Jennings and Marjorie Childress</dc:creator>
				<category><![CDATA[ABQ elections]]></category>
		<category><![CDATA[Elections]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Slot 3 (deprecated)]]></category>
		<category><![CDATA[Top Stories]]></category>
		<category><![CDATA[Alan Armijo]]></category>
		<category><![CDATA[Albuquerque municipal elections]]></category>
		<category><![CDATA[Benalillo County]]></category>
		<category><![CDATA[Debbie O'Malley]]></category>
		<category><![CDATA[Growth]]></category>
		<category><![CDATA[Isaac Benton]]></category>
		<category><![CDATA[mark fleischer]]></category>
		<category><![CDATA[Michael Cadigan]]></category>
		<category><![CDATA[Moving Albuquerque Forward]]></category>
		<category><![CDATA[National Association of Industry and Office Parks]]></category>
		<category><![CDATA[New Mexico Legislature]]></category>
		<category><![CDATA[Rey Garduno]]></category>
		<category><![CDATA[SunCal]]></category>
		<category><![CDATA[TIDDs]]></category>
		<category><![CDATA[Westland Development Co.]]></category>
		<category><![CDATA[Will Steadman]]></category>

		<guid isPermaLink="false">http://newmexicoindependent.com/?p=38004</guid>
		<description><![CDATA[The development community appears to be targeting two of its most vocal opponents on the city council in hopes of gaining a development-friendly board, two Albuquerque city councilors charged Wednesday. Westland Development Co., a subsidiary of SunCal, has spent at least $10,000 on the race.]]></description>
			<content:encoded><![CDATA[<p><a href="http://newmexicoindependent.com/wp-content/uploads/2009/09/suncal-map-300x227.jpg"><img class="alignleft size-full wp-image-38029" title="suncal-map-300x227" src="http://newmexicoindependent.com/wp-content/uploads/2009/09/suncal-map-300x227.jpg" alt="suncal-map-300x227" width="300" height="227" /></a>The development community is targeting two of its most vocal opponents on the city council in hopes of gaining a development-friendly board, two Albuquerque city councilors charged Wednesday.</p>
<p>&#8220;Absolutely they are trying to shift the council,” Councilor <a href="http://www.cabq.gov/council/councilors/district-2">Debbie O’Malley</a> said, referring to California-based <a href="http://www.suncal.com/">SunCal</a>, a major developer, and others, whom she believes are targeting City Council President <a href="http://www.cabq.gov/council/councilors/district-3">Isaac Benton</a> and Councilor <a href="http://www.cabq.gov/council/councilors/district-5">Michael Cadigan</a> in the lead-up to Tuesday’s election.</p>
<p>Benton and Cadigan are part of a faction of the Albuquerque City Council that has so far resisted creating a Tax Increment Development District (TIDD) for SunCal within city boundaries. The district would allow SunCal to use bonds based on future tax proceeds to pay for roads, water lines and other infrastructure for its massive mixed-use development on undeveloped land on the west side.</p>
<p>Others point to the donors of Benton’s city council opponent, <a href="http://www.bernco.gov/live/departments.asp?dept=2320">Bernalillo County Commission Chairman Alan Armijo</a>, as evidence of an organized effort to unseat the two councilors, whom their critics say, are anti-growth.</p>
<p>Armijo is a <a href="http://ethics.sos.state.nm.us/LOBBY/950290.HTM" target="_blank">registered lobbyist</a> for the <a href="http://www.naiopnm.org/" target="_blank">National Association of Industry and Office Parks</a>. City records show he has <a href="http://newmexicoindependent.com/wp-content/uploads/2009/09/ArmijoContributors-as-of-9-25-09.pdf">received numerous contributions</a> from the development and commercial real estate industries, including $100 from SunCal executive Will Steadman.</p>
<p>Armijo is term-limited on the Bernalillo County Commission, where he <a href="http://www.abqjournal.com/west/270883west_news12-20-07.htm">voted with two other commissioners </a>to create special tax districts for SunCal in the county&#8217;s unincorporated areas.</p>
<p>“If Cadigan and Benton lose we&#8217;ll have a tremendous fight on our hands,” said Councilor <a href="http://www.cabq.gov/council/councilors/district-6">Rey Garduno</a>. “We could see efforts to get rid of impact fees entirely and free reign for SunCal for their greenfield TIDD.&#8221;</p>
<p>&#8220;<strong>Nobody Got Me to Run&#8221;</strong></p>
<p>Armijo said in a telephone interview that he wasn’t anyone’s pawn and that he isn&#8217;t a rubber stamp for a special tax district for SunCal within the city.</p>
<p>“Nobody got me to run, except the people in my district who have been calling for the past two or three years saying they are not getting any responses [from Benton],&#8221; Armijo said.</p>
<p>Armijo acknowledged the local development community views him more favorably than Benton.</p>
<p>“I’m hearing from the development community that you cannot … even bring ideas to Mr. Benton,” Armijo said. “What I hear is he won’t even talk. He usually makes up his mind. There’s no room for discussion.”</p>
<p>Benton responded by saying that “calling me anti-growth is laughable,&#8221; but added, “SunCal would love it if I wasn’t there” on the council.</p>
<p><span id=":sx" dir="ltr">This year&#8217;s city council elections could result in a city council more friendly to SunCal, which could be a big help to the company. In 2007 t</span><span id=":sx" dir="ltr">he city council passed a moratorium on locating the special tax incremental development districts on undeveloped land within city boundaries, but Mayor Martin Chavez vetoed it. </span></p>
<p>SunCal did not respond to Cadigan’s and Benton’s allegations when contacted Wednesday. The company instead issued a general statement that said, in part, “We support government that delivers quality services to residents, including smart, well-planned growth.”</p>
<p>O’Malley and Garduno mentioned the mailers, underwritten in part by SunCal, that target Cadigan and that were sent to District 5 voters this week as evidence of an organized effort.</p>
<p>Cadigan is a longtime vocal critic of TIDDs.</p>
<p><a href="http://newmexicoindependent.com/wp-content/uploads/2009/09/Cadigan-APS-Smear.jpg"><img class="size-medium wp-image-38007 alignright" title="Cadigan APS mailer" src="http://newmexicoindependent.com/wp-content/uploads/2009/09/Cadigan-APS-Smear-300x393.jpg" alt="Cadigan APS mailer" width="300" height="393" /></a>A measure finance committee named Moving Albuquerque Forward sent out one <a href="http://newmexicoindependent.com/37831/suncal-targets-cadigan-in-election-mailer">Cadigan mailer</a> earlier in the week, and <a href="http://newmexicoindependent.com/wp-content/uploads/2009/09/Cadigan-APS-Smear.jpg">another one</a> hit mailboxes Wednesday.</p>
<p>The single largest contributor to Moving Albuquerque Forward was <a href="http://www.suncal.com/news/view.php?id=44" target="_blank">Westland Development Co</a>. LP, a subsidiary of <a href="http://www.suncal.com/" target="_blank">SunCal</a>, city campaign finance records show. Westland gave $10,000 through Sept. 25, 2009.</p>
<p>&#8220;It&#8217;s egregious that they&#8217;d put $10,000 into a measure finance committee, as though that would cloak their intentions,&#8221; Garduño said. &#8220;That&#8217;s a lot of money to spend on a city council seat.&#8221;</p>
<p>The organization had raised $26,000  through Sept. 25, city records show. The Westland contribution is twice as large as the next biggest contribution—$5,000 from Caballero Farms.</p>
<p>A call to the committee was not returned.</p>
<p>Cadigan&#8217;s opponent is <a href="http://www.cabq.gov/clerk/documents/final_candidate_ballot_order.pdf">Dan Lewis</a>, who, like Benton, has opted to take public financing for his campaign. Cadigan opted out of the public financing system.</p>
<p>Beyond the municipal election politics, what is at stake in next week’s races, some say, is how Albuquerque grows – whether it will be with a focus on developing open, unused spaces for large mixed-use housing developments on the edge of the city or through prioritizing re-development of sites within the city core.</p>
<p>Opponents of a TIDD for SunCal have argued that the state would be gambling hundreds of millions of dollars in future tax proceeds on the proposal, which might not live up to its billing. From their perspective, SunCal&#8217;s development would increase sprawl at a time when New Mexico has to think carefully how to manage growth. A large, mixed-use development so far from Albuquerque’s core would also increase traffic, pollution and demand for water.</p>
<p>Supporters have countered that the SunCal proposal could mean thousands of jobs created by industrial and commercial employers who would be attracted to the development. That&#8217;s especially important now, as the state struggles through the recession.</p>
<p>SunCal already has several Tax Increment Development Districts beyond the city’s boundaries in Bernalillo County. The goal is to create the <a href="http://www.abqtrib.com/news/2008/jan/05/suncal-offers-tax-district-plan-public/">special tax district for the land within the city</a>.</p>
<p><strong>State Approval Needed, Too</strong></p>
<p>SunCal also must appeal to the Legislature. While Bernalillo County has created the special tax districts for SunCal, the state has not given those districts the authority to issue bonds based on the future tax proceeds.</p>
<p>State lawmakers debated legislation earlier this year that would have given bonding authority to several TIDDs that would have then issued $400 million in bonds based on future tax proceeds. But the legislation <a href="../22946/sun-cal-tidd-fails-to-pass-the-house" target="_blank">failed</a> on the floor of the state House on the final night of the session, shocking the political class as well as the media.</p>
<p>The firm revealed its deep financial pockets leading up to and during this year’s legislative session.</p>
<p>SunCal spent at least <a href="../23781/sun-cal-spent-232540-for-tidd-advertising" target="_blank">$232,000</a> in a marketing campaign to bolster the legislative effort that included billboards, radio and television ads, and direct mail that encouraged people to go to the company’s Web site, which encouraged readers to call, write or e-mail their legislators in support of the TIDD legislation.</p>
<p>The company, through Westland Development Co. had <a href="http://ethics.sos.state.nm.us/LOBBY/SCCACQ.HTM" target="_blank">eight professional lobbyists</a> working on its behalf during the session, including <a href="http://ethics.sos.state.nm.us/LOBBY/SCCACQ.HTM" target="_blank">Mark Fleischer,</a> Mayor Chavez’s campaign manager.</p>
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		<title>SunCal targets Cadigan in election mailer</title>
		<link>http://newmexicoindependent.com/37831/suncal-targets-cadigan-in-election-mailer</link>
		<comments>http://newmexicoindependent.com/37831/suncal-targets-cadigan-in-election-mailer#comments</comments>
		<pubDate>Wed, 30 Sep 2009 06:01:54 +0000</pubDate>
		<dc:creator>Trip Jennings</dc:creator>
				<category><![CDATA[2008 Elections]]></category>
		<category><![CDATA[Elections]]></category>
		<category><![CDATA[Slot 3 (deprecated)]]></category>
		<category><![CDATA[Top Stories]]></category>
		<category><![CDATA[Growth]]></category>
		<category><![CDATA[Michael Cadigan]]></category>
		<category><![CDATA[Moving Albuquerque Forward]]></category>
		<category><![CDATA[SunCal]]></category>
		<category><![CDATA[TIDDs]]></category>
		<category><![CDATA[Westland Development Co.]]></category>

		<guid isPermaLink="false">http://newmexicoindependent.com/?p=37831</guid>
		<description><![CDATA[A large developer hoping to finance a huge mixed-used development on the Albuquerque’s West Side—with bonds based on future tax proceeds—is targeting its most vocal opponent on the City Council. A mailer sent to District 5 voters this week criticizes City Councilor Michael Cadigan, who is seeking re-election. Cadigan is a longtime, vocal opponent of the tax-proceeds scheme -- called TIDDs for short -- by which SunCal, the developer, hopes to pay for roads, water lines and other infrastructure for the development.

]]></description>
			<content:encoded><![CDATA[<p><a href="http://newmexicoindependent.com/wp-content/uploads/2009/09/Cadigan-mailer.jpg"><img class="alignleft size-medium wp-image-37855" title="Cadigan mailer" src="http://newmexicoindependent.com/wp-content/uploads/2009/09/Cadigan-mailer-300x202.jpg" alt="Cadigan mailer" width="300" height="202" /></a>A large developer hoping to finance a huge mixed-use development on Albuquerque’s West Side—with bonds based on future tax proceeds—is targeting its most vocal opponent on the City Council.</p>
<p>A <a href="http://newmexicoindependent.com/wp-content/uploads/2009/09/20090929102431.pdf">mailer</a> sent to District 5 voters this week criticizes City Councilor <a href="http://www.cabq.gov/council/councilors/district-5/district-5">Michael Cadigan</a>, who is seeking re-election.</p>
<p>Cadigan is a longtime vocal opponent of the tax-proceeds scheme &#8212; called TIDDs for short &#8212; by which SunCal, the developer, hopes to pay for roads, water lines and other infrastructure for the massive development.</p>
<p>The Cadigan mailer is a reminder that Albuquerque’s future growth, and how to manage it, remains a hotly debated, unsettled political issue as city voters go to the polls next week to elect a mayor and city councilors.</p>
<p><strong>The mailer</strong></p>
<p>A group named Moving Albuquerque Forward sent out the Cadigan mailer. The single largest contributor to Moving Albuquerque Forward  was <a href="http://www.suncal.com/news/view.php?id=44">Westland Development Co</a>. LP, a subsidiary of <a href="http://www.suncal.com/">SunCal</a>, city campaign finance records show. Westland gave $10,000 through Sept. 25, 2009.</p>
<p>The organization had raised $26,000 and spent $1,160, through Sept. 25 city records show. The Westland contribution is twice as large as the next biggest contribution—$5,000 from Caballero Farms.</p>
<p>A call to the committee was not immediately returned Tuesday.</p>
<p>The two-page mailer goes after Cadigan for what the group says is the councilor’s inaction on fighting traffic congestion after the opening of three new schools on the West Side.</p>
<p>“Michael Cadigan has been our Councilor for eight years. Eight is enough. It’s time for Cadigan to go,” the mailer reads.</p>
<p>Cadigan disputes the mailer’s accusations, saying in a press release issued Monday that he had “spearheaded a successful effort by the City and APS to provide a new and better access” to Volcano Vista High School, one of the three new schools.</p>
<p><strong>The fight over SunCal</strong></p>
<p>Cadigan is open about his opposition to SunCal, which has won high-profile endorsements from Gov. Bill Richardson and Mayor Martin Chavez.</p>
<p>SunCal’s proposed development has stoked a fiery debate in the city and in Bernalillo County.</p>
<p>Opponents have argued that the state would be gambling hundreds of millions of dollars in future tax proceeds on a proposal that might not live up to its billing. Opponents also say that SunCal’s development would increase sprawl at a time when New Mexico has to think carefully how to manage growth. A large, mixed-use development so far from Albuquerque’s core would also increase traffic and create more demand for water, they say.</p>
<p>Supporters of the legislation have countered that the SunCal proposal could mean thousands of jobs created by industrial and commercial employers.</p>
<p>In addition to his <a href="http://www.abqjournal.com/news/metro/268768metro12-11-07.htm">past opposition to Sun Cal</a>, Cadigan said Tuesday he traveled to Santa Fe this past legislative session to lobby state lawmakers against legislation that would have helped SunCal.</p>
<p>The SunCal legislation called for giving bonding authority to several Tax Increment Development Districts &#8212; TIDDs &#8212; that would have then issued $400 million in bonds based on future tax proceeds. The cash would help SunCal pay for roads, water lines and other infrastructure for the planned mixed-use development the company has in mind.</p>
<p>SunCal wasn’t shy about lobbying state lawmakers, or the public, leading up to and during this year’s legislative session. SunCal spent at least <a href="../23781/sun-cal-spent-232540-for-tidd-advertising">$232,000</a> in a marketing campaign that included billboards, radio and television ads, and direct mail that encouraged people to go to the company’s Web site about TIDDs. That Web site then encouraged its readers to call, write or e-mail their legislators in support of the TIDD legislation.</p>
<p>The SunCal legislation <a href="../22946/sun-cal-tidd-fails-to-pass-the-house">failed</a> on the floor of the state House on the final night of the session, shocking the political class as well as the media.</p>
<p>The company, through Westland Development Co. had <a href="http://ethics.sos.state.nm.us/LOBBY/SCCACQ.HTM">eight professional lobbyists</a> working on its behalf during the session, including <a href="http://ethics.sos.state.nm.us/LOBBY/SCCACQ.HTM">Mark Fleischer,</a> Chavez&#8217;s campaign manager.</p>
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		<title>Richard Romero slams &#8216;SunCal soccer park&#8217; in ABQ Mayor Martin Chavez&#8217;s CIP plan</title>
		<link>http://newmexicoindependent.com/25835/richard-romero-slams-suncal-soccer-park-in-abq-mayor-martin-chavezs-cip-plan</link>
		<comments>http://newmexicoindependent.com/25835/richard-romero-slams-suncal-soccer-park-in-abq-mayor-martin-chavezs-cip-plan#comments</comments>
		<pubDate>Thu, 23 Apr 2009 23:45:40 +0000</pubDate>
		<dc:creator>Marjorie Childress</dc:creator>
				<category><![CDATA[Blog/Center Well]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[ABQ mayoral race]]></category>
		<category><![CDATA[CIP]]></category>
		<category><![CDATA[Marty Chavez]]></category>
		<category><![CDATA[Richard Romero]]></category>
		<category><![CDATA[SunCal]]></category>
		<category><![CDATA[Tingley Beach]]></category>

		<guid isPermaLink="false">http://newmexicoindependent.com/?p=25835</guid>
		<description><![CDATA[<p style="margin: 0in 0in 0pt;"><span style="font-size: 10pt; color: black; font-family: Arial;"> </span></p>
<p>In a statement today, ABQ mayoral candidate <a href="http://richardromeroformayor.com/">Richard Romero</a> called on incumbent <a href="http://www.cabq.gov/mayor/">Mayor Martin Chavez</a> to &#8220;stop fighting for his misguided SunCal soccer park.&#8221;<span id="more-25835"></span></p>
<p>Here&#8217;s a little background, first.</p>
<p>After the&#8230;</p>]]></description>
			<content:encoded><![CDATA[<p style="margin: 0in 0in 0pt;"><span style="font-size: 10pt; color: black; font-family: Arial;"> </span></p>
<p>In a statement today, ABQ mayoral candidate <a href="http://richardromeroformayor.com/">Richard Romero</a> called on incumbent <a href="http://www.cabq.gov/mayor/">Mayor Martin Chavez</a> to &#8220;stop fighting for his misguided SunCal soccer park.&#8221;<span id="more-25835"></span></p>
<p>Here&#8217;s a little background, first.</p>
<p>After the Albuquerque City Attorney <a href="http://newmexicoindependent.com/24891/turf-war-erupts-between-abq-mayor-city-council-over-capital-projects">said last week</a> that the mayor&#8217;s Capital Improvement Program (CIP) would be the one that went to voters in the fall instead of the one ultimately approved by the City Council, the mayor offered a &#8220;compromise&#8221; CIP that eliminates the most controversial component of his original plan &#8212; the building of a huge swimming pool at Tingley Beach. But it keeps in everything else that the City Council had cut, including an $8 million soccer complex to be built on Westside land donated by SunCal Corporation.</p>
<p>Pointing out that Chavez&#8217;s campaign manager, Mark Fleisher, is also a registered lobbyist for SunCal, Romero alleged that the mayor wants to build the soccer field for SunCal because the company doesn&#8217;t have the cash flow.</p>
<p>&#8220;SunCal doesn&#8217;t have the cashflow to build this park on their own land, so the mayor wants the taxpayers to do it for them,&#8221; said Romero. &#8220;His campaign manager is a registered lobbyist for SunCal and this $8M sports complex in the middle of nowhere just doesn&#8217;t pass the smell test.&#8221;</p>
<p>&#8220;What the City Budget needs is the $6.6M appropriated by the City Council for the Ventana Ranch Community Park,&#8221; Romero continued. &#8220;This project will serve an area where THOUSANDS of KIDS already live. The Mayor wants to eliminate that park and build the SunCal park where NO KIDS live. Who is he looking out for? SunCal or the existing Westside residents that desperately need more parks and green space.&#8221;</p>
<p>Romero said that the Ventana Ranch project will no longer be in the CIP and the SunCal soccer field would be re-inserted, if the Mayor&#8217;s legal opinion stands. And that would be &#8220;misguided,&#8221; he said.</p>
<p>&#8220;The Ventana Ranch sports complex has already been designed and gone through extensive community input and should be the priority,&#8221; said Romero. &#8220;It&#8217;s misguided for the taxpayers to fund an irrigation line and $8M soccer complex in the middle of nowhere.&#8221;</p>
<p style="margin: 0in 0in 0pt;"><span style="font-size: 10pt; font-family: Arial;"> </span></p>
<p><span style="font-size: 10pt; font-family: Arial;"><br />
</span></p>
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		<title>Will we ever know how much was spent on SunCal TIDD campaign?</title>
		<link>http://newmexicoindependent.com/24106/will-we-ever-know-how-much-was-spent-on-suncal-tidd-campaign</link>
		<comments>http://newmexicoindependent.com/24106/will-we-ever-know-how-much-was-spent-on-suncal-tidd-campaign#comments</comments>
		<pubDate>Fri, 03 Apr 2009 22:59:43 +0000</pubDate>
		<dc:creator>Matthew Reichbach</dc:creator>
				<category><![CDATA[Blog/Center Well]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Roundhouse]]></category>
		<category><![CDATA[Clearly New Mexico]]></category>
		<category><![CDATA[Growth]]></category>
		<category><![CDATA[Mimi Stewart]]></category>
		<category><![CDATA[SunCal]]></category>
		<category><![CDATA[TIDDs]]></category>

		<guid isPermaLink="false">http://newmexicoindependent.com/?p=24106</guid>
		<description><![CDATA[<p>Veteran state lawmaker Rep. Mimi Stewart told <a href="http://clearlynewmexico.com/">Clearly New Mexico</a> that the full extent of the campaign by Westland Development to pass the SunCal tax-increment development district, or TIDD, may never be known. Westland <a href="http://newmexicoindependent.com/23781/sun-cal-spent-232540-for-tidd-advertising">reported</a> spending more than&#8230;</p>]]></description>
			<content:encoded><![CDATA[<p>Veteran state lawmaker Rep. Mimi Stewart told <a href="http://clearlynewmexico.com/">Clearly New Mexico</a> that the full extent of the campaign by Westland Development to pass the SunCal tax-increment development district, or TIDD, may never be known. Westland <a href="http://newmexicoindependent.com/23781/sun-cal-spent-232540-for-tidd-advertising">reported</a> spending more than $230,000 on an advertising campaign promoting the TIDD.</p>
<p>“I think they spent a lot more than that. Because from what I’ve been able to see in the report, it’s very inadequate,” <a href="http://clearlynewmexico.com/2009/04/02/suncal-ad-report-double-standards-and-the-zombie-tidd/">Stewart told the blog</a>. “I think they spent at least twice that to try to get us legislators to buy a pig in a poke.”<br />
<span id="more-24106"></span><br />
So why does Stewart believe the full extent of the campaign may never be known?</p>
<blockquote><p>Other expenses that Westland/SunCal paid out – but wasn’t required to report – include the money they spent mailing thousands of slick brochures to people’s homes, contributing to candidates and employing 11 lobbyists to convince legislators to vote for the lucrative tax legislation.</p></blockquote>
<p>&#8220;Like all other entities who lobby at the Legislature, Westland/SunCal will have to file a report in May detailing how much their lobbyists spent on food and drink for legislators during the session,&#8221; Clearly New Mexico wrote, &#8220;but the total amount of the rest of the expenses will likely never be known.&#8221;</p>
<p>Either way, the TIDD <a href="http://newmexicoindependent.com/22946/sun-cal-tidd-fails-to-pass-the-house">failed</a> in the House after two dramatic ties in late-night votes at the end of the session. But the TIDD may be back up once again <a href="http://newmexicoindependent.com/23773/guv-may-revive-controversial-development-plans">in a special session</a>, Gov. Bill Richardson hinted earlier this week.</p>
<p>The Clearly New Mexico blog is a project of the Center for Civic Action.</p>
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		<title>Richardson may revive controversial development plans</title>
		<link>http://newmexicoindependent.com/23773/guv-may-revive-controversial-development-plans</link>
		<comments>http://newmexicoindependent.com/23773/guv-may-revive-controversial-development-plans#comments</comments>
		<pubDate>Thu, 02 Apr 2009 06:01:13 +0000</pubDate>
		<dc:creator>Trip Jennings</dc:creator>
				<category><![CDATA[Economy/Finance]]></category>
		<category><![CDATA[Slot 3 (deprecated)]]></category>
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		<category><![CDATA[bill richardson]]></category>
		<category><![CDATA[Growth]]></category>
		<category><![CDATA[SunCal]]></category>
		<category><![CDATA[TIDDs]]></category>

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		<description><![CDATA[<a href="http://www.governor.state.nm.us/index2.php">Gov. Bill Richardson</a> is saying he is "seriously considering" making two failed proposals to leverage future taxes against future development a part of his agenda for a proposed special session this fall.]]></description>
			<content:encoded><![CDATA[<div id="attachment_23854" class="wp-caption alignright" style="width: 310px"><a href="http://newmexicoindependent.com/wp-content/uploads/2009/04/abq-west-mesa-photo1.jpg"><img class="size-medium wp-image-23854" title="abq-west-mesa-photo1" src="http://newmexicoindependent.com/wp-content/uploads/2009/04/abq-west-mesa-photo1-300x199.jpg" alt="Albuquerque's far west mesa -- residential development here? (Photo by darksong/Flickr)" width="300" height="199" /></a><p class="wp-caption-text">Albuquerque&#39;s far west mesa -- rows of new houses here? (Photo by darksong/Flickr)</p></div>
<p>ALBUQUERQUE &#8212; <a href="http://www.governor.state.nm.us/index2.php">Gov. Bill Richardson</a> is saying he is &#8220;seriously considering&#8221; making two failed proposals to leverage future taxes against future development a part of his agenda for a proposed special session this fall.</p>
<p>During this year&#8217;s legislative session, state lawmakers embraced such a plan to rescue Albuquerque&#8217;s moribund Winrock Mall, which has slipped into a state of quiet shopping irrelevance.</p>
<p>By approving <a href="http://newmexicoindependent.com/23764/guv-signs-winrock-tidds-bill">bonding authority for developers</a> who want to help pay for a plan to convert Winrock into a place where people live, work and play, lawmakers may have given the mall a new lease on life.</p>
<p>But two other proposals &#8212; one in Albuquerque, the other in Las Cruces &#8212; with a similar funding mechanism suffered a much different fate during this year&#8217;s legislative session. Both died.</p>
<p>Now Richardson says he is even considering whether to put the two measures in the same bill.</p>
<p>&#8220;I haven&#8217;t finally decided to do it,&#8221; the governor said Wednesday after a bill signing ceremony at Winrock Mall in Albuquerque. &#8220;But I am considering it.&#8221;</p>
<p>That possibility has some opponents of the<a href="http://www.nmlegis.gov/Sessions/09%20Regular/firs/SB0249.pdf"> Albuquerque proposal </a>&#8211; nicknamed SunCal for the California developer seeking the authority to issue bonds &#8212; asking if it is a deliberate attempt to pass the controversial project on the back of the less-controversial <a href="http://www.nmlegis.gov/Sessions/09%20Regular/firs/SB0019.pdf">Las Cruces one</a>.</p>
<p>&#8220;Why else would you combine them other than to get a better result,&#8221; said Sandy Buffett of the Conservation Voters of New Mexico. Her group vigorously opposed the <a href="http://www.suncal.com/">SunCal</a> legislation, which would help pave the way for a sprawling mixed-used development of industrial, commercial and residential growth on Albuquerque&#8217;s West Mesa.</p>
<p>Supporters of the SunCal proposal have not been able to push it through the Legislature despite two years of trying. The SunCal TIDD is mammoth in size compared to the Winrock and Las Cruces requests. It also calls for development, instead of re-development of a blighted or run-down area, as Winrock and Las Cruces propose.</p>
<p><a href="http://newmexicoindependent.com/wp-content/uploads/2008/12/tidd1.jpg"><img class="alignleft size-medium wp-image-13423" title="tidd1" src="http://newmexicoindependent.com/wp-content/uploads/2008/12/tidd1.jpg" alt="" width="200" height="220" /></a>This year the SunCal legislation died in the House when lawmakers rebuffed the bill in dramatic back-to-back tie votes on the last night of this year&#8217;s session.</p>
<p>Las Cruces area lawmakers played a significant role in the defeat of the SunCal bill. Rep.<a href="http://www.nmlegis.gov/lcs/legdetails.aspx?SPONCODE=HGUTI"> Joni Gutierrez</a>, D-Las Cruces, did not vote on the Sun Cal bill, but voted yes to reconsider. Rep. <a href="http://www.nmlegis.gov/lcs/legdetails.aspx?SPONCODE=HCOTE">Nate Cote</a>, D-Las Cruces, voted against the bill but was absent for the motion to reconsider; immediately after the first vote he had left the Roundhouse to drive to El Paso, where he teaches a class.</p>
<p>Four of the Las Cruces area&#8217;s other five House members voted against the SunCal proposal.</p>
<p>Wrapping the SunCal and Las Cruces proposals into a single bill during the special session could put Las Cruces-area lawmakers in an uncomfortable position. They would have to decide whether to support SunCal to ensure the passage of the Las Cruces proposal or to vote against it, Buffett said.</p>
<p>Like Winrock, the SunCal and Las Cruces bills, had they passed,  would have granted authority  to newly created Tax Increment Development Districts (TIDDs) to issue bonds to help pay for development.</p>
<p>Issuing bonds that are backed by the promise of future tax proceeds is a quick way to raise a lot of money in a short time to pay for improvements, such as roads, water and sewer lines.</p>
<p>But the two proposals also differ in important ways.</p>
<p>The Las Cruces proposal, which area lawmakers have asked to be included on the special session agenda, would call for committing more than $14 million in future city, county and state tax proceeds to help revitalize a part of downtown. In effect, new development would cover land already in use.</p>
<p>The proposal unanimously cleared the Senate but never came up for a vote on the House floor.</p>
<p>The SunCal proposal, on the other hand, is much larger than the Las Cruces one. It would call for issuing $400 million in bonds based on future tax proceeds to help the company pay for infrastructure for the planned mixed-use development it has in mind.</p>
<p>It is that idea &#8212; of paving the way for growth across undeveloped land &#8212; that stoked opposition to the SunCal proposal from conservationists, among others.</p>
<p>Opponents argued that the state would be gambling hundreds of millions of dollars in future tax proceeds on a proposal that might not live up to its billing. Also of concern was that a TIDD would capture a chunk of future state tax revenues for one area at the expense of the rest of the state. A large, mixed-use development so far from Albuquerque&#8217;s core would also increase traffic and create more demand for water, they added.</p>
<p>Supporters of the legislation countered that the SunCal proposal would mean thousands of jobs created by industrial and commercial employers.</p>
<p>SunCal wasn&#8217;t shy about lobbying state lawmakers, or the public, on behalf of the proposal.</p>
<p>It launched a major advertising campaign that included billboards, radio and television ads and direct mail that encouraged people to go to the company’s Web site. That website then encouraged its readers to call, write or email their legislators in support of the TIDD legislation.</p>
<p>In all, the company spent $232,540 — detailed on its <a href="http://www.democracyfornewmexico.com/files/westlanddevcolplobbyistadvertisingreport.pdf">report to the Secretary of State. </a></p>
<p>The idea that SunCal represented economic growth for New Mexico was an argument that Richardson and Albuquerque Mayor <a href="http://www.cabq.gov/mayor/">Martin Chavez</a> made Wednesday at an event in which the governor signed a bill that gives bond-issuing authority to developers looking to convert Winrock Mall into a vibrant area that will attract jobs.</p>
<p>“I believe the TIDDs in the other areas, in Las Cruces, in Albuquerque, they’re good, they’re good for the economy,&#8221; Richardson said to a small crowd gathered at the Winrock mall for the bill signing. &#8220;They are good for producing jobs.”</p>
<p>Albuquerque Mayor Martin Chavez echoed those sentiments, if in stronger terms.</p>
<p>&#8220;There’s an interesting conversation, if you will, that goes on in Albuquerque,&#8221; Chavez said.</p>
<p>&#8220;We see it in Las Cruces as well and in other parts of the state. We have some folks under the aegis of smart or planned growth who really aspire to no growth. We are in the midst of a recession. Clearly we are doing better than most of the rest of the country. For the no-growthers, I would suggest that they walk to that end of the mall because they got what they asked for: No growth.&#8221;</p>
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