Economic Development Program in Bosque Farms
The Village of Bosque Farms created a formal economic development process for the Village to ensure its continued economic vibrancy. A vital and successful business environment - and the NM Gross Receipts Tax that derives to the Village from that - is essential to the fiscal health of the Village and provides the services and products that meet the needs of the citizens.
An Economic Development Committee was established in February 2006 and is Chaired by Councilman Bob Knowlton.
An Economic Development Ordinance was passed by the Governing Body on 18 May 2006. The Ordinance authorizes the Village to pursue economic development projects with existing and potential businesses and to apply for funds and grants to support development activities.
The Committee developed an initial Economic Develop Plan as part of the submission to the NM Economic Development Department's Certified Community Initiative (CCI) on 30 June 2006. Bosque Farms selection as a Certified Community by the NM Economic Development Department was announced at the Governor's Economic Development Summit on 13 September 2006. The Village submitted an updated ED Plan in September 2009 to the NMEDD for renewal of the CCI status and has been accepted for another two years as a Certified Community.
You can review what the Committee has been doing by scanning the meeting minutes. All Economic Development Committee meetings are public meetings open to anyone who wants to attend.
For companies and individuals interested in locating or growing their business in Bosque Farms, link to our Economic Development Web Site for more detailed information on the opportunities and resources available in the Village.