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FINANCIAL_SERVICESPENDING

carlsbad_city_council_regular_meeting_agenda_septe.pdf

City Asked to Act as Fiscal Agent for NMEDD

City of CarlsbadNEW MEXICO ECONOMIC DEVELOPMENT DEPARTMENTSeptember 23, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Carlsbad MainStreet has requested that the City of Carlsbad serve as fiscal agent in an intergovernmental agreement with the New Mexico Economic Development Department. The arrangement would allow state economic development funds to flow through the city in support of MainStreet projects.

Contract Details

Vendor

NEW MEXICO ECONOMIC DEVELOPMENT DEPARTMENT

Agency

City of Carlsbad, NM

Contract Type

FINANCIAL_SERVICES

Document Date

September 23, 2025

Renewal Info

Fiscal agent designation would last for the life of the associated intergovernmental agreement; renewals would depend on future program funding.

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