The Medical Center of the Americas will receive $3 million from the city of El Paso during the next few months toward development of the Biomedical Tech Center.
On June 14, 2011, City Council voted to dedicate 75 percent of franchise fees the city receives from El Paso Electric for development of MCA. The remaining 25 percent of franchise fees received from EPE will be used to support technology-based business or as a "deal-closing fund."
In the... [more]
