Business digest — March 20

Farm Credit to distribute cash Farm Credit of New Mexico will distribute $9.5 million in cash to stockholders by the end of March as part of its patronage distribution program. The payment is based on each stockholder’s average loan balance during 2011, and reduces member interest rates by about .75 percent. The association recorded net [...]

Governor signs state budget, vetoes $2 million

The Associated Press SANTA FE — Republican Gov. Susana Martinez agreed Friday with most of the budget handiwork of the Democratic-controlled Legislature, signing a $5.6 billion spending blueprint that will boost the take-home pay for educators and state workers. Although signing the measure into law, the governor trimmed about $2 million — a tiny sliver [...]

Mayor stresses importance of economic development

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CNJ staff photo: Tony Bullocks Clovis Mayor Gayla Brumfield speaks at Thursday’s press conference held at the Clovis-Carver Public Library north annex. Tonjia Rolan Mayor Gayla Brumfield said she called a press conference Thursday to stress the importance of economic development for Clovis. The mayor also highlighted recent federal and state appropriations for the Ute [...]

Ute water project receives $1 million (updated)

CNJ staff WASHINGTON — The Ute Water pipeline project has received $1 million from the Department of the Interior. The $432 million project, which will deliver reserved water from the Ute Reservoir in Quay County to authority members in Curry and Roosevelt counties, was federally authorized in 2009 with the caveat that the federal government [...]

Capital outlay wish list cut

Robin Fornoff It was back to the drawing board Saturday for Curry County Commissioners, who said they were told by state legislators to trim their wish list or face possibly getting no money from the state. Commissioners had submitted a $21 million capital outlay request to the state in September. The request was trimmed to [...]

Commissioners tackle jail issues

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Robin Fornoff A sometimes frustrating nine-hour marathon meeting of Curry County commissioners ended with what seemed like more questions than answers for fixing problems at the troubled jail. County Manager Lance Pyle presented commissioners with a lengthy report of problems needing immediate attention at the jail, most of them costly. He also suggested several ways [...]

Tax board to discuss loan for manufacturing facility

CNJ staff The construction of a manufacturing facility in Clovis could bring more than 300 jobs to the area if project funding is approved, according to the city of Clovis officials. In a meeting scheduled for 7 a.m. today, Clovis Industrial Development Corp. Executive Director Chase Gentry will ask the city’s Economic Development Tax Advisory [...]

White House should release loan documents

The House Energy and Commerce Committee has subpoenaed White House communications concerning the half-billion-dollar federal loan guarantee for failed California solar company Solyndra, which also is under criminal investigation and has ties to a major campaign donor to President Barack Obama. We have yet to hear a good reason for the White House’s reluctance to [...]

Officials break ground on school construction projects

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CNJ staff photo: Benna Sayyed School board members and local dignitaries collaborate to break ground for Gattis Middle School which is scheduled to be completed by late summer 2013. Benna Sayyed It was a busy day for Clovis Municipal Schools, with groundbreaking ceremonies for its new middle school and a renovation project at another school. [...]

Effluent reuse plan gets $4.1 million in financing

CNJ staff A Clovis effluent reuse pipeline plan got a giant injection of financing Wednesday afternoon from the New Mexico Finance Authority and the state Water Trust Board. City Commissioner Randy Crowder said he was floored when he learned the project received a total of $4.1 million from about $5.28 million the WTB reissued in [...]