Commission adopts ordinance authorizing IRBs for AC Solar Ranch project
The board adopted Ordinance No. 104 to authorize up to $85.2 million in industrial revenue bonds for the AC Solar Ranch; the agreement includes an annual payment‑in‑lieu of taxes of at least $359,240.47 starting by year three.
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The Lea County Commission voted Oct. 23 to adopt Ordinance No. 104 authorizing issuance of industrial revenue bonds of up to $85,215,000 to support the AC Solar Ranch Project Series 2025.
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