Project Greenlight: Judge rules in favor of deal for a movie studio in Santa Fe

From Capitol Report New Mexico.com - It may have been a sweeheart deal, but a district court judge in Santa Fe ruled that Santa Fe County’s agreement with private developers to build a movie studio on the outskirts of town is legitimate. “The issue is not whether it is a wise use of public money,” Judge Sarah Singleton said Tuesday (Oct. 4). “That’s not my call to make.” What was her call was deciding whether claims by an attorney for Santa Fe residents Jack Stamm, James McGaughey and Greg Bemis that the county’s deal allowing the construction of Santa Fe Studios on Highway 14 violated the county’s own procedures as well as the Local Economic Development Act (LEDA). “The county can use public monies with private industy to create new jobs,” Singleton said. Back in 2009, Santa Fe county commissioners OK’d a deal in which Santa Fe Studios — backed by Lance, Jason and Conrad Hool – received land, free water utility hookups, a $10 million grant from the state and a $6.5 million loan to construct a state of the art facility to lure Hollywood producers to New Mexico. The Hools are longtime friends of former Gov. Bill Richardson. One of the original partners in the plan was Javier Gonzales, who is now the chairman of the state Democratic Party. But Gonzales has recently said he has detached himself from the project. Read more
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