The city of Albuquerque would help pay Eclipse Aerospaces rent at the Sunport as the company adds 100 high-paying manufacturing, engineering and administrative jobs over the next two years, under a tentative deal announced this morning.

The city and state would offer up to $635,000. It would come in increments for each 10 new jobs added by Eclipse.

The proposal still must be submitted to the City Council for approval.

The fact that theyre growing in Albuquerque is fantastic, Mayor Richard Berry said this morning as he stood before an Eclipse 550 jet.

Other communities have tried to recruit the company.Gov. Susana Martinez said shes proud Eclipse is staying in New Mexico.

Eclipse CEOMason Holland said the company delivered its first Eclipse 550 jet to a customer yesterday.

Weve turned the corner, he said.

Deirdre Firth, Albuquerques deputy director of economic development, said Eclipse plans to add 100 jobs by the end of 2015. For every 10 jobs added, the company would get help on one months rent, she said.

City and state funds would pay 60 percent of Eclipses rent at the Sunport. The deal would top out at $635,000 if Eclipse reaches its full jobs target.

The citys share of the money comes from its newly created economic-development action fund, which holds money from the clawbacks received when Schott Solar closed down.

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Eclipse Aerospace to add 100 high-paying jobs