Spaceport Authority Approves Agreement To Get Electricity Infrastructure Built (NM)

Albuquerque Journal ^ | August 27, 2009 | Jim McElroy

[greyfoxx39]

8/27/09

Sierra Electric Cooperative will build substation and 6.5 miles of power lines at Spaceport America

The New Mexico Spaceport Authority has approved an agreement to pay Sierra Electric Cooperative about $5.5 million for the cooperative to build a substation and some 6.5 miles of power lines to provide electricity infrastructure at the state-owned spaceport in southern Sierra County, the Las Cruces Sun-News reported.

The newspaper said that according to the contract approved Wednesday, the $5.5 million figure is an estimate only.

The following article added by poster:

8/14/09

New Mexico’s revenue projections show we’re short $433M, economists say

 

Revenue estimates released this week project that New Mexico’s revenues will come in at around $5 billion for the current 2010 fiscal year, which is $422 million less than was anticipated when the budget was put together, according to a report by Barry Massey of the Associated Press.

The estimates were given to the Legislative Finance Committee at a meeting in Angel Fire this week.

In 2008, the state’s revenues were about $6 billion, so in two years the state has seen a $1 billion drop.

In fiscal year 2009, the state relied on federal stimulus dollars and trimmed agency budgets to plug a shortfall of about $309 million. The current budget was crafted with the decline in revenues in mind.

According to Massey, the decline is largely attributed to the national recession, rather than a decline in oil and gas revenues.

The governor is convening a special session in October to address the shortfall this year. Options for closing the gap include dipping into the states reserve fund, finding ways to raise revenue, rolling back unused capital outlay funds, or making more cuts.

[greyfoxx39]

Richardson Announces $100 Million Commitment to Build World’s First Spaceport

Wednesday, 14 December 2005 00:00

SANTA FE — Governor Bill Richardson today announced that he will work with the Legislature to secure a three year commitment for a total of $100 million for the state’s share of the funding to build the world’s first commercial Spaceport to be built in southern New Mexico.

“New Mexico’s Spaceport will be a magnet for space companies to bring their business here, which will send a message far and wide that we embrace entrepreneurs, adventure and innovation,” Governor Bill Richardson said. “This investment in economic development and high-wage jobs will create a new industry that will transform the economy in Southern New Mexico. I look forward to a partnership with the federal and local governments to finally make this Spaceport a reality.”

-SNIP-

“Building this Spaceport lays the foundation for a whole new industry,” said New Mexico Economic Development Secretary Rick Homans. “New Mexico will be the launch pad for America’s second space age, centered on private sector innovation and personal spaceflight, and that means new jobs and new opportunities for New Mexicans.”

Secretary Homans, who also serves as Chairman of the New Mexico Spaceport Authority, said the additional funding is expected to come from a combination of sources, including: Federal earmarks and appropriations over the next three fiscal years

Spaceport America

Pay-to-Play

The New Mexico investigation is one front in a nationwide inquiry by U.S. prosecutors into so-called pay-to-play practices in the municipal-bond market.

 

-SNIP-

 

In October 2003, CDR President David Rubin gave $25,000 to Moving America Forward Inc., a political action committee formed by Richardson, disclosure forms show. Seven months later, CDR, known then as Chambers, Dunhill, Rubin & Co., gave $75,000 to ¡Si Se Puede! Boston 2004 Inc., formed to help pay expenses at the 2004 Democratic National Convention in Boston, where Richardson was chairman.

-SNIP-

 

The chair of the committee that recommended CDR’s selection, Rick Homans, declined to comment. At the time, Homans was the Secretary of New Mexico’s Economic Development Department. He now serves as the secretary of the Taxation and Revenue Department.

Richardson Withdraws Cabinet Nomination Amid Grand Jury Probe

[greyfoxx39]

NM Ping

If you want on or off the NM Ping list, please FReepmail me.

Access to the ping list is available to anyone by going to my FR home page.

[theFIRMbss]

>Governor Bill Richardson today announced that he will work with the Legislature to secure a three year commitment for a total of $100 million for the state’s share of the funding to build the world’s first commercial Spaceport to be built in southern New Mexico

The guy's a 'Rat and
a Friend of Bill but on this
he made the RIGHT CHOICE!

[Rogle]

Rick Homans also pushed for heavy state investment in Eclipse Aviation

[greyfoxx39]

Rick Homans also pushed for heavy state investment in Eclipse Aviation

I know Homans is in all this up to his neck.

[Rogle]

Along with Gary Bland and he is one creepy greasy dude!

[org.whodat]

Cart before horse, where is the space plane????

[Levante]

“Spaceport”?

Do Starships land and take off from there?

;)

[theFIRMbss]

>Do Starships land and take off from there?

Every journey starts
with one small simple first step.
This is the first step.

[greyfoxx39]

Cart before horse, where is the space plane????

Here ya go

This is a really neat video!

[ApplegateRanch]

The estimates were given to the Legislative Finance Committee at a meeting in Angel Fire this week.

Gee, capital building closed for summer vacation?

[org.whodat]

Bullshi*, low earth orbit is not a space plane.

[greyfoxx39]

Bullshi*, low earth orbit is not a space plane.

LOL....don't blame me!! I didn't come up with the name.

[ApplegateRanch]

This is just a ground transport station;

the ships remain in high orbit.

[Levante]

COOL!

[Levante]

Stargate! How Cool!