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Commission directs publication of LEDA notice for Kudu data‑center gross‑receipts tax share
Summary
The commission voted to publish a notice of intent under the Local Economic Development Act for the proposed Kudu data center, which would direct 50% of construction gross‑receipts tax into a fund for county infrastructure; staff will return with detailed infrastructure of interest on Feb. 18 and an ordinance on March 4.
County staff and an economic development consultant explained Feb. 4 a proposed Local Economic Development Act (LEDA) ordinance tied to a large data center project (variously referred to as Kudu/Greater Kudu). The proposal would participate in a gross‑receipts tax (GRT) sharing arrangement whereby 50% of construction GRT from the project would be deposited into a fund to support public infrastructure across the county.
Jill Sweeney presented the notice of intent and explained the multi‑party nature of the arrangement: the state, county, the village of Los Lunas and the company must all agree to participate in the fund. Sweeney said the county will discuss particular infrastructure priorities on Feb. 18 and return to the commission with an ordinance around March 4.
The commission moved and approved the notice of intent and the direction to publish under the LEDA process.
