this post was submitted on 08 Jan 2025
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Albuquerque, NM

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Kagi AI Summery:

The Albuquerque City Council has approved a new vacant property ordinance aimed at revitalizing downtown, which has been perceived as dangerous and neglected. Councilor Joaquín Baca emphasized the need to change the negative narrative surrounding the area, citing the long-term vacancy of properties like the Gizmo Building owned by the Church of Scientology. The ordinance establishes a registry for vacant properties and imposes fees on owners who do not utilize them effectively, passing with a 7-2 vote despite concerns about limitations on asking prices from some councilors. Proponents, including local business owners and community members, argue that the ordinance is essential for economic growth, as vacant buildings hinder job creation and tax revenue. They highlighted that such properties drain public resources while providing no benefits to the community. The fees will be determined based on the duration of vacancy and the size of the properties. The initiative aims to encourage responsible property management and improve the overall safety and economy of Albuquerque's downtown area.

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