Court: PUC Has No Jurisdiction Over Rio Rancho Utility
The New Mexico Supreme Court ruled that Rio Rancho's water and sewer utility condemnation is a judicial matter, not under PUC control. The high court said PUC lacks regulatory authority over municipalities unless voluntarily submitted. City, United Water, and PUC argued over who fixes just compensation and public interest in a $73 million sale. Mayor Swisstack welcomed the decision, noting renegotiation may be needed.
MENTIONED IN THIS ARTICLE
Jay P. Thuringer
New Mexico Supreme Court
Rio Rancho
Public Utility Commission
High Court
PUC
Supreme Court
Stanley Frost
District Court
Kenneth Brown
United Water
Marilyn O'Leary
Commission
Lee Huffman
Huffman
Frost
Tom Swisstack
Ambulance rates in Rio Rancho may rise this month
The New Mexico Corporation Commission says Rio Rancho Department of Public Safety subsidizes ambulance costs, keeping rates low and stifling competition. It advises raising rates to cover costs and prevent taxpayer subsidies. DPS has begun steps to raise prices, the first since 1990.
MENTIONED IN THIS ARTICLE
Jay P. Tharinger
Rio Rancho
Commission
DPS
Corporation Commission
Greg Ryan
Rhodes Eyes Indian Gaming Option in New Mexico
Constituents urge Sen. Virgil Rhodes to preserve Indian gaming while opposing statewide gambling. More than 100 readers responded to The Observer survey, with many backing continued Indian casinos and limited gambling at racetracks. Rhodes leans toward supporting the Indian issue and wants gaming revenues earmarked for school capital outlay, with 86 percent favoring at least 60 percent of gaming revenues for schools.
MENTIONED IN THIS ARTICLE
Mary Beth King
Observer
Virgil Rhodes
New Mexico
Rhodes
Roundhouse
Survey on gambling in New Mexico from Sen Virgil Rhodes
Rhodes released December Observer survey results showing public opinion on gambling. Key asks include pueblo gambling, race track wagering, charity slot machines, state wide legalization, and dedicating 60 percent or more of gambling proceeds to public schools. Contacts provided for comments.
Intel stock dips after weaker than expected earnings
Intel Corp. reported 1995 fourth quarter earnings of 98 cents per share, below the 1.09 to 1.10 consensus. The stock fell from 59 3/8 to 50 as higher revenue and income growth masked a softening market and slower quarterly results.
MENTIONED IN THIS ARTICLE
Katie Racette
Intel Corp
Wall Street
Intel
Richard Draper
Rio Rancho widens search for city administrator
Rio Rancho Mayor says hiring a permanent city administrator may take two months or longer as the council extends acting administrator Mike Baker’s appointment. The post, vacated last August by Hal Donovan, will linger while officials interview 10 candidates, with four already examined and two more slated for this week.
MENTIONED IN THIS ARTICLE
Jay P. Thuringer
Rio Rancho
Mike Baker
Tom Swisstack
Hal Donovan
Baker
Department of Public Safety
Donovan
Tony Popper
Swisstack
Kathleen Marr
David Roybal
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