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Council backs Vitality Works expansion; city to serve as fiscal agent for state LITA funds
Summary
The council approved a Local Economic Development Act project to help Vitality Works expand its West Side manufacturing operation; the city will act as fiscal agent for $500,000 in state LITA funding and contribute $100,000 locally under LEDA, staff said the expansion will add 18 jobs.
The Albuquerque City Council on April 21 voted to advance a Local Economic Development Act (LITA) project supporting Vitality Works Inc., a nutraceutical manufacturer expanding on the West Side.
Economic development staff described the package: the state will provide $500,000 in LITA funds, with the city proposing to serve as fiscal agent for those…
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