The City Council of Socorro has taken significant steps towards attracting high-investment projects, including potential data centers, during their meeting on July 3, 2025. Council members discussed the need for improved electrical infrastructure to support the growing demand in El Paso County, which is crucial for attracting these types of businesses.

A key point raised was the introduction of a new incentive program aimed at homegrown businesses. This program offers a property tax rebate of up to 70% for investments starting at $250,000. The council emphasized the importance of making the Nuevo Hueco Tanks corridor marketable to potential investors, indicating that there is interest from investors but a need for a solid plan to present.

The meeting also included a motion to enter an executive session for legal consultation, highlighting the council's commitment to ensuring that all decisions are well-informed and legally sound. The council's discussions reflect a proactive approach to economic development, aiming to position Socorro as a competitive location for future business investments.

As the council moves forward, the focus will remain on enhancing infrastructure and creating attractive incentives to draw in new businesses, which could lead to job creation and economic growth for the community.