CITY of ALBUQUERQUE
TWENTY SEVENTH COUNCIL
COUNCIL BILL NO. R-26-65 ENACTMENT NO. ________________________
SPONSORED BY: Joaquín Baca, by request
RESOLUTION
title
Approving And Authorizing The Acceptance Of Grant Funds From A New Mexico State Tourism Department Destination Forward Grant And Providing An Appropriation To The Metropolitan Redevelopment Agency In Fiscal Year 2027 (Baca, by request)
body
APPROVING AND AUTHORIZING THE ACCEPTANCE OF GRANT FUNDS FROM A NEW MEXICO STATE TOURISM DEPARTMENT DESTINATION FORWARD GRANT AND PROVIDING AN APPROPRIATION TO THE METROPOLITAN REDEVELOPMENT AGENCY IN FISCAL YEAR 2027.
WHEREAS, the City desires to promote redevelopment in areas designated as blighted so as to promote neighborhood stabilization and encourage visitation by providing housing, services, new jobs, upgrading area buildings, infrastructure and housing for such areas and to promote public health welfare, safety convenience and prosperity; and
WHEREAS, pursuant to the Metropolitan Redevelopment Code, Sections 3-60A-1 through 3-60A-48, New Mexico Statutes Annotated, 1978 Compilation, as amended (the "Act"), the City is authorized to acquire, whether by construction, purchase, gift or lease, and to finance, sell, lease, or otherwise dispose of, projects as defined in the Act; and
WHEREAS, the Metropolitan Redevelopment Agency (MRA) is committed to improving the economic conditions and physical infrastructure in designated areas; and
WHEREAS, Downtown wayfinding has been deemed to be a priority by both the City and partners. Banners and signage will help to improve neighborhood identity, ease of navigation. The wayfinding system is expected to attract more investment and visitors Downtown; and
WHEREAS, Visit Albuquerque and Downtown Albuquerque MainStreet Initiative are both supporting the City in the effort to fund and install better wayfinding; and
WHEREAS, on April 14, 2026, the MRA applied for a State of New Mexico Tourism Department Destination Forward grant for $242,880 to support installation of Downtown wayfinding; and
WHEREAS, on August 12, 2026, the MRA was notified that a partial award of $121,440 was granted; and
WHEREAS, the City of Albuquerque approves appropriation of these funds to MRA to help in the installation of Downtown wayfinding banners and signage.
BE IT RESOLVED BY THE COUNCIL, THE GOVERNING BODY OF THE CITY OF ALBUQUERQUE:
Section 1. That the Council hereby approved and authorizes the Metropolitan Redevelopment Agency to accept the grant in the amount of $121,440 from the State of New Mexico. The submission and filing with appropriate official and/or office is in all respects approved.
Section 2. That upon approval, funds in the amount of $121,440 from the State of New Mexico are hereby appropriated to the Metropolitan Redevelopment Agency in the Capital Fund (305) for Fiscal Year 2027.
Section 3. That the following appropriations are hereby made to the Capital Program to the funds and projects as indicated below for Fiscal Year 2027:
Department Fund Source Amount
MRA/Fund (305)
Downtown Wayfinding State of New Mexico $121,440
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