New Mexico Coop Seeks Tenants for Command Center to Defray Costs
Posted on Aug 9, 2011 in Financing, Project Development | Comments Off on New Mexico Coop Seeks Tenants for Command Center to Defray Costs
The Kit Carson Electric Cooperative in New Mexico is opening a new regional command center amid concerns about its costs. The center was supposed to be paid for by the coop, municipal agencies and rental tenants. However, the mayor of Taos claims that the city council has never seen a firm proposal from Kit Carson, and at this time the coop is the only tenant in the building. If the coop remains the sole tenant, it may be left with a 40-year obligation to pay the $10,000 monthly loan payment. The command center was designed to enhance operational efficiencies, response times, communication, and safety. This local article has the story.
