The City of Portales has enacted the Local Economic Development Act, the 1994 constitutional amendment to Article 9, Section 14 of the Constitution of New Mexico to allow public support of economic development to foster, promote and enhance local economic development efforts while continuing to protect against the unauthorized use of public money and other public resources. The goals, identified in City of Portales Ordinance 646,  include the following:

  • Working with existing businesses to improve the general business climate in order that they may be successful in retaining employees and creating new jobs through expansion.
  • Recruit business and industry to expand the local economy and increase employment.
  • Develop adequate infrastructure for growth and development.
 
ECONOMIC DEVELOPMENT  FINANCE REVIEW COMMITTEE
 
ECONOMIC DEVELOPMENT BOARD
Eric Segovia    Eric Segovia 
Megan Hamilton   Megan Hamilton
Chris Wood   Tina Dixon
Michael Miller   Noelle Bartl
Sarah Austin   Joey Garcia
Vacant   Bruce Nixon