Rio Rancho City Government Gives Up On Green2V While The Rest Of Us Did Months Ago

Green2V logo

Here we are in December of 2010, where is Green2V which hasn’t broke ground this summer as promised? I was skeptical of Green2V from the very beginning. A company no one had heard of with no website (and still doesn’t have a website) decided to build a new factory in my hometown of Rio Rancho, New Mexico with a very aggressive schedule.

An article from Rio Rancho Observer says that the city is giving up.

On Dec. 15, the Rio Rancho City Council will consider two measures repealing the city’s incentives in trying to lure the green energy start-up company. “We think that based on where we are right now, it’s been eight months since we first received those assurances (of funding), the documents are a bit stale,” said City Manager James Jimenez. City Councilors are being asked to repeal the Green2V industrial revenue bond inducement resolution the city passed in April, and the city’s economic development act it had with Green2V.

The article goes on to say that the city was promised 3 times that the money was coming and that the city of Rio Rancho trusted former Intel executive Bill Sheppard. There’s a quote from City Manager James Jimenez that I think is true as well.

“We pride ourselves as being competitive when it comes to economic development and aggressively pursuing (projects). Frankly, I’m well aware that we would have been criticized heavily if Green2V had been able to get its financing together and locate in Arizona if we knew we had a chance to bring them here and didn’t – for whatever reason – aggressively pursue them.”

The Albuquerque Journal had an article in May titled “Betting on Solar … Again” about the poor track record of OCS capital who was supposed to originally finance Green2V.

OCS lists numerous clients and industrial revenue bond financed projects on its website that have never materialized, among them the $16.5 million Big Event Amusement facility and Beach Waterpark in Albuquerque; the $210 million Nuchick poultry processing plant in Artesia; and a $22 million project to build an aircraft manufacturing plant in Odgen, Utah. The website does not mention that none of these projects came to fruition. Although the OCS name appears on a letter included in the bond application Green2V submitted to the city, Housley said Green2V never paid OCS money and terminated its relationship because it found another company to work with.

Then Green2V switched from OCS capitol to GP3, Ltd. The New Mexico Watchdog couldn’t find that either OCS Capital or GP3, Ltd seem to exist.

New Mexico Watchdog has learned that no limited partnership called GP3 exists in California according to the records of the California Secretary of State. The only limited partnerships with the term “GP3″ in their titles have had their partnership status canceled. One was GP3 Asset Acquisition, LLC, which was formed in 2007. It traces back to an Ann Arbor, Michigan, address, but is no longer a recognized limited partnership in California. The other was entitled Walton 425 GP3 IV, and traces back to a Chicago address. But its status as a limited partnership in California has also been canceled.

I can’t blame the City of Rio Rancho going forward with this based on the recommendation of the governor but clearly all of those involved should have done more research on the company. It doesn’t appear that the city is out of a significant amount of money. Hopefully the City will do a better job in the future of bringing in high tech companies.

President Obama Speaks At Rio Rancho High School

I think President Obama is stalking me. First he speaks at my former High School, Dobson High in Mesa, Arizona. Now he will be speaking at the high school a few miles from my house, Rio Rancho High School.

The Albuquerque Journal says the event is from 10AM to 11:15AM Thursday, May 14th and Obama will talk about Credit Card debt.

I will try to get some video of the chaos around town with my new HD camera.

APD And Fake George Bush

Someone called the Albuquerque Journal to report George Bush being escorted by the APD (with blurry cell phone picture) at the Sunport.

We contacted Police Chief Ray Schultz who acted suprised that we knew. He kept saying it was a matter of national security and he couldn’t talk about it. Well, after some hard questioning that would make Katie Couric proud, Schultz admitted that his officers did escort someone who looked like George W. Bush through the sunport.

Natonal Security? You would think the Secret Service would be involved and not the local police.

HP Comes To Rio Rancho

HP is bringing 1300 jobs in the way of a support center to Rio Rancho. HP is receiving tax breaks and the 1300 jobs could be realized by 2012.

According to the Albuquerque Journal, it’s likely to be build near the new downtown in the same are where the Santa Anna Star Center is. Yet another building that can be added to the list of building to be built in the new downtown which actually are not.

In another example of crack reporting (or reporters on crack) at the Albuquerque Journal:

Jobs at Hewlett-Packard mostly would be in customer support and sales. They could help offset layoffs at Intel, which remains the state’s largest private-sector employer despite cutting about 1,000 jobs during the last year.

I’m not sure how that works. The Intel layoffs were last year and new HP jobs are not likely to come for a while. A year or two at least. Maybe they will come in time for the next round of layoffs.

In any case based on what I read on the Consumerists, HP needs all the support center help it can get.

Note: I don’t actually know of a new round of layoffs at Intel. I’m mostly being sarcastic but I wouldn’t bet on anything in these times.

More Fun Comments In The Rio Rancho Observer

The Rio Rancho Observers “Letters to the Editors” section continues to entertain. I think this person was on drugs when they wrote it.

Drugs legalized?

Editor:

According to an article in the Albuquerque Journal, we should legalize and subsidize drugs in order to prevent drug addicts from being killed while in the felonious pursuit of stealing, or robbing, using weapons of minor destruction.

It’s about time someone came forward with a logical solution to this problem, gee golly gosh, all along we thought it insurmountable.

Well, it just goes to show if you think long enough about a problem a solution will present itself.

Well people, you can rest easy now, sell your handguns, get rid of that ball bat and start feeding your pit bull again. The world, well maybe New Mexico, is a safer place now thanks be to solid intelligence, not unmixed with a heavy dose of whatever it is in that pipe, has arrived.

Quis,quid, ubi, quibus auxiliis, cur, quomodo,quando?

(Who, what, where, with what, why, how, when?)

Bob Harpley

Rio Rancho

The City Of Rio Rancho Terminates Azulstar Contract

The City of Rio Rancho has canceled it’s contract with Azulstar for free (and fee based) city wide wi-fi access. According to the Albuquerque Journal (annoying ad viewing required), Azulstar owes the city $33,000 in electricity charges and continues to rack up the charges.

The letter, dated Sept. 20, said the wireless company failed to honor terms of the contract regarding payment for electricity charges, providing a satisfactory business plan and proof of its financial ability to offer continued service in the city of Rio Rancho.

There is always Road Runner Wireless, which is not sponsored by the city. Of course, their website looks like it was designed in 1995. Tables are not for layout.