City of Albuquerque - File #: O-25-86

• File #: O-25-86
• Type: Ordinance
• Status: Adopted
• File created: 5/19/2025
• In control: Finance & Government Operations Committee
• Final action: 8/4/2025
• Title: Authorizing The Issuance And Sale Of The City Of Albuquerque, New Mexico Short-Term Lodgers' Tax Improvement Revenue Bonds, Taxable Series 2025 In An Aggregate Principal Amount Not To Exceed $1,000,000 For The Purpose Of Studying, Designing, Developing, Constructing, Reconstructing, Rehabilitating, Renovating, Modernizing, Signing, Enhancing And Otherwise Improving Tourist-Related Facilities And Attractions Located Within The City; Providing For The Payment Of The Series 2025 Bonds From Lodgers' Tax Revenues; Providing For The Collection Of Certain Lodgers' Tax Revenues; Approving The Delegation Of Authority To Make Certain Determinations Regarding The Sale Of The Series 2025 Bonds Pursuant To The Supplemental Public Securities Act; Providing For The Terms And Other Details Concerning The Series 2025 Bonds; Providing For Certain Documents Pertaining To The Series 2025 Bonds; Ratifying Action Previously Taken; Repealing All Actions Inconsistent With This Ordinance; Authorizing The Takin...
• Sponsors: Renee Grout (By Request)

Date	Action By	Action	Result
8/8/2025	City Council	Sent to Mayor for Signature
8/4/2025	City Council	Passed	Pass
6/16/2025	City Council	Accepted with a Recommendation Do Pass
6/9/2025	Finance & Government Operations Committee	Sent to Council with a recommendation of Do Pass	Pass
5/19/2025	City Council	Introduced and Referred
5/19/2025	President	Referred

CITY of ALBUQUERQUE
TWENTY SIXTH COUNCIL


COUNCIL BILL NO. O-25-86 ENACTMENT NO. ________________________

SPONSORED BY: Ren?e Grout, by request


ORDINANCE
title
Authorizing The Issuance And Sale Of The City Of Albuquerque, New Mexico Short-Term Lodgers' Tax Improvement Revenue Bonds, Taxable Series 2025 In An Aggregate Principal Amount Not To Exceed $1,000,000 For The Purpose Of Studying, Designing, Developing, Constructing, Reconstructing, Rehabilitating, Renovating, Modernizing, Signing, Enhancing And Otherwise Improving Tourist-Related Facilities And Attractions Located Within The City; Providing For The Payment Of The Series 2025 Bonds From Lodgers' Tax Revenues; Providing For The Collection Of Certain Lodgers' Tax Revenues; Approving The Delegation Of Authority To Make Certain Determinations Regarding The Sale Of The Series 2025 Bonds Pursuant To The Supplemental Public Securities Act; Providing For The Terms And Other Details Concerning The Series 2025 Bonds; Providing For Certain Documents Pertaining To The Series 2025 Bonds; Ratifying Action Previously Taken; Repealing All Actions Inconsistent With This Ordinance; Authorizing The Taking Of Other Actions In Connection With The Issue And Sale Of The Series 2025 Bonds (Grout, by request)
body
AUTHORIZING THE ISSUANCE AND SALE OF THE CITY OF ALBUQUERQUE, NEW MEXICO SHORT-TERM LODGERS' TAX IMPROVEMENT REVENUE BONDS, TAXABLE SERIES 2025 IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $1,000,000 FOR THE PURPOSE OF STUDYING, DESIGNING, DEVELOPING, CONSTRUCTING, RECONSTRUCTING, REHABILITATING, RENOVATING, MODERNIZING, SIGNING, ENHANCING AND OTHERWISE IMPROVING TOURIST-RELATED FACILITIES AND ATTRACTIONS LOCATED WITHIN THE CITY; PROVIDING FOR THE PAYMENT OF THE SERIES 2025 BONDS FROM LODGERS' TAX REVENUES; PROVIDING FOR THE COLLECTION OF CERTAIN LODGERS' TAX REVENUES; APPROVING THE DELEGATION OF AUTHORITY TO MAKE CERTAIN DETERMINATIONS REGARDING THE SALE OF THE SERIES 2025 BONDS PURSUANT TO THE ...