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Hobbs commission approves EDC contract, backs airline subsidies for new JSX flights
Summary
The City Commission approved a one-year professional services agreement with the Economic Development Corporation of Lee County that includes appropriations for economic development programs and subsidies to support commercial and public-charter air service, including JSX flights that begin Aug. 1.
The Hobbs City Commission voted unanimously to appropriate funds and authorize the mayor to sign a one-year professional services agreement with the Economic Development Corporation of Lee County that includes subsidies for airline service and other economic development activities.
Deputy City Attorney Mae Jean deRosier DuYon told the commission the agreement covers operating support and several earmarked program funds. "The funds that will be appropriated to EDC are operating $240,000, special project fund funding for $50,000, the retail recruitment fund for $25,000, the airline marketing $200,000, the airline subsidy $2,720,982," DuYon said, and she added the contract also includes a $1,000,000 public-charter air service subsidy that differs from last year's agreement.
The action implements resolution number 76-40, which…
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