CITY of ALBUQUERQUE
TWENTY FIFTH COUNCIL
COUNCIL BILL NO. C/S R-22-34 ENACTMENT NO. _____________________
SPONSORED BY: Isaac Benton and Dan Lewis
RESOLUTION
title
C/S Amending The Adopted Capital Implementation Program Of The City Of Albuquerque By Approving New Projects From The Proceeds Of City Of Albuquerque, New Mexico Gross Receipts Tax Improvement Revenue Bonds Series 2022 (Benton, Lewis)
body
AMENDING THE ADOPTED CAPITAL IMPLEMENTATION PROGRAM OF THE CITY OF ALBUQUERQUE BY APPROVING NEW PROJECTS FROM THE PROCEEDS OF CITY OF ALBUQUERQUE, NEW MEXICO GROSS RECEIPTS TAX IMPROVEMENT REVENUE BONDS SERIES 2022.
WHEREAS, the Capital Implementation Program of the City of Albuquerque is governed by the requirements established under Section 2-12-4 ROA, 1994, which provides for amendments to the approved program; and
WHEREAS, the Council adopted Ordinance O-22-25 which authorized the issuance and sale of a maximum amount of $100,000,000 of City of Albuquerque, New Mexico Gross Receipts Tax Improvement Revenue Bonds Series 2022 for various capital projects; and
WHEREAS, this resolution appropriates the bond proceeds anticipated from the New Mexico Gross Receipts Tax Improvement Revenue Bonds Series 2022 to project scopes for necessary projects in the City; and
WHEREAS, establishing project scopes for these projects are timely and necessary for the City to serve its citizens.
BE IT RESOLVED BY THE COUNCIL, THE GOVERNING BODY OF THE CITY OF ALBUQUERQUE:
SECTION 1. That the following appropriations are hereby made to the specific projects for eligible capital expenses:
Department Source Amount
DMD/Miscellaneous
APD Main Police Station Series 2022 GRT Bonds $4,000,000
Los Altos Park Series 2022 GRT Bonds $5,500,000
McKinley Bike Shop Series 2022 GRT Bonds $500,000
Affordable Housing Series 2022 GRT Bonds $20,000,000
N. Domingo Baca Aquatic Center Series 2022 GRT Bonds $15,000,000
Westside Public Safety Facility Series 2022 GRT Bonds $15,000,000
Fire Station 12 Series 2022 GRT Bonds $4,000,000
Manzano Mesa Pickleball Courts Series 2022 GRT Bonds $1,000,000
West Mesa Aquatic Center Series 2022 GRT Bonds $3,000,000
Open Space - Poole Property Series 2022 GRT Bonds $1,000,000
Shooting Range Park Series 2022 GRT Bonds $1,500,000
Ken Sanchez Indoor Sports Complex Series 2022 GRT Bonds $1,000,000
Ouray Boulevard Series 2022 GRT Bonds $500,000
Paseo Del Norte/Unser Improvements Series 2022 GRT Bonds $15,000,000
Loma Linda Community Center Series 2022 GRT Bonds $3,000,000
Albuquerque Rail Trails Series 2022 GRT Bonds $10,000,000
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