The Mayor of Ghost Town

This past Tuesday, governor Susana Martinez announced that the city of Hobbs, NM was the choosen location for a $1 billion scientific ghost town, that's going to be built by a private group called Pegasus Global Holdings.  It's being called the Center for Innovation, Testing and Technology or CITE.  KUNM's Rita Daniels had the chance to speak with the mayor of Hobbs, Sam Cobb, to try and shed some light on what this all means.