City marks millions for medicine, business - El Paso Times


The city will devote $3.3 million a year to developing the Medical Center of the Americas and an additional $1.2 million to finance business incubators and try attracting jobs from elsewhere.

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The council's vote on Tuesday still allows money to be used for those purposes, but it reserves most of the money for the medical center, where officials are trying to develop a biomedical cluster to go along with the Paul L. Foster School of Medicine, the University Medical Center, a children's hospital to be opened next year, the Texas Tech University Health Sciences Center and other facilities.

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