Tres Amigas changes financing plans - KFDA - NewsChannel 10 / Amarillo News, Weather, Sports

Tres Amigas changes financing plans

Clovis, NM - Tres Amigas has new plans on how to finance the nearly 2-billion electric power distribution center north of Clovis.

According to the Clovis News Journal, the company spokesperson Adrienne Smith confirmed Tres Amigas is now preparing to ask Clovis to issue the industrial revenue bond instead of Curry County.

Smith says the switch is being made since the city has experience with issuing these types of bonds.

The city also collects thousands in local economic development tax money that can be used to help their project.

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