Public hearing to be held on PNM, Facebook deal

FILE - This Feb. 19, 2014, file photo, shows WhatsApp and Facebook app icons on a smartphone in New York. Global messaging service WhatsApp says it will start sharing the phone numbers of its users with Facebook, its parent company. That means WhatsApp users could soon start seeing more targeted ads on Facebook, although not on the messaging service itself. (AP Photo/Patrick Sison, File)

SANTA FE, N.M. (AP) – New Mexico may use public funds to help Facebook pay for water rights at a major new data center proposed at Los Lunas.

The social media company is negotiating for tax breaks and subsidies as it weighs whether to locate the facility in Los Lunas or a suburb of Salt Lake City.

Los Lunas officials confirmed Thursday that a proposed water agreement with the data center developer includes provisions to acquire water rights with money from New Mexico’s closing fund that helps pay for infrastructure as businesses expand or relocate to New Mexico.

The water agreement would set aside as much as 4.5 million gallons of water a day.

KRQE.com provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Users who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s