Article: Intel passes first test in Sandoval County, N.M., $16 billion bond deal.

By Joshua Akers, Albuquerque Journal, N.M. Knight Ridder/Tribune Business News

Aug. 20--BERNALILLO, N.M. -- A proposed multibillion-dollar bond deal between Sandoval County and Intel received its first vote of approval Thursday.

The County Commission unanimously approved Intel's application for a $16 billion industrial revenue bond at its meeting Thursday night.

The vote opens a 60-day comment period before commissioners cast two more votes on the deal.

But they got a glimpse of what residents thought of the deal before voting.

About 100 people packed into the Sandoval County commission chambers to listen to citizens ...

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