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On Monday, a city council committee gave initial approval for a $2.6 million incentive package for Topgolf.
The city's Finance and Government Operations Committee approved the incentives Monday night, reports KOB. The full City Council is expected to hear the incentive package June 4.
Of the $2.4 million, $1.8 million will come from gross receipts tax revenue, $500,000 in Local Economic Development Act funding and $326,000 from the city's capital improvement program.
In January, Texas-based…
Albuquerque Business News - Local Albuquerque News | Albuquerque Business First
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City Council committee initially approves $2.6 million in incentives for Topgolf