Albuquerque City Council overrides mayor’s Topgolf veto
ALBUQUERQUE, N.M. (AP) — The Albuquerque City Council voted to override Mayor Tim Keller’s veto, which denied funding to Topgolf in building a $39 million entertainment complex.
Keller vetoed a $2.6 million economic development package that would help the company in constructing a restaurant/indoor golf entertainment venue.
The “project participation agreement” includes $400,000 of city general fund money unspent from the fiscal 2018 budget. The proposal also includes the city reimbursing 50 percent of incremental city gross receipts tax revenue, up to $1.8 million, to assist the site developer with costs of land, building or infrastructure.
Keller had called it a “raw deal for taxpayers,” in that it would bring low-wage, low-skill jobs and send the wrong signal that Albuquerque is prioritizing out-of-state companies over similar local efforts.