Informational Public Meeting - Local Economic Development Act

Board of Trustees, Village of Los Ranchos de Albuquerque · September 16, 2025

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Opening and purpose of meeting

Presentation

11:32 → 17:59(6m 27s)

Mayor (speaker 1) opened the forum as an informal public hearing to discuss two items: a ballot initiative to raise revenue for a local economic development plan and an ordinance directing staff to develop that plan. She said trustees asked for at least one or two public hearings to solicit resident input and described the draft as a "straw man" to start conversation.

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Village officials presented a draft economic development plan tied to a proposed quarter‑cent local gross receipts tax and invited public feedback at a community hearing; trustees will consider an ordinance to formalize the planning process at an upcoming meeting later this month.

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Transcript

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