City of Albuquerque - File #: R-11-253

• File #: R-11-253
• Type: Resolution
• Status: Adopted
• File created: 8/1/2011
• In control: City Council
• Final action: 8/1/2011
• Enactment date: 8/23/2011
• Enactment #: R-2011-063
• Title: Concerning The Special Municipal Bond Election To Be Held In The City Of Albuquerque At The Next City General Election; Amending The Text Of The Form Of Bond Question Relating To The Issuance Of Gross Receipts Tax Revenue Bonds In The Principal Amount Of Up To $50,000,000 For Certain Public Purposes; And Ratifying Action Previously Taken In Connection Therewith (Winter)
• Sponsors: Brad Winter

Date	Action By	Action	Result
8/23/2011	City Clerk	Published
8/22/2011	Mayor	Signed by the Mayor
8/12/2011	City Council	Sent to Mayor for Signature
8/1/2011	City Council	Amended	Fail
8/1/2011	City Council	Do Pass as Amended	Pass
8/1/2011	City Council	Introduced (Immediate Action Requested)
8/1/2011	President	Immediate Action Requested
8/1/2011	City Council	Amended	Pass

CITY of ALBUQUERQUE
NINETEENTH COUNCIL


COUNCIL BILL NO. __R-11-253____ ENACTMENT NO. _ _____________

SPONSORED BY: Brad Winter


RESOLUTION
t
Concerning The Special Municipal Bond Election To Be Held In The City Of Albuquerque At The Next City General Election; Amending The Text Of The Form Of Bond Question Relating To The Issuance Of Gross Receipts Tax Revenue Bonds In The Principal Amount Of Up To $50,000,000 For Certain Public Purposes; And Ratifying Action Previously Taken In Connection Therewith (Winter)
b
CONCERNING THE SPECIAL MUNICIPAL BOND ELECTION TO BE HELD IN THE CITY OF ALBUQUERQUE AT THE NEXT CITY GENERAL ELECTION; AMENDING THE TEXT OF THE FORM OF BOND QUESTION RELATING TO THE ISSUANCE OF GROSS RECEIPTS TAX REVENUE BONDS IN THE PRINCIPAL AMOUNT OF UP TO $50,000,000 FOR CERTAIN PUBLIC PURPOSES; AND RATIFYING ACTION PREVIOUSLY TAKEN IN CONNECTION THEREWITH.
WHEREAS, pursuant to Enactment No. R-2011-052 and Enactment No. O-2011-022, the City of Albuquerque (the “City”) in the County of Bernalillo and State of New Mexico, has determined that it is necessary and in the best interests of the City and its inhabitants to issue gross receipts tax revenue bonds and to submit a question of issuing gross receipts tax revenue bonds to the qualified electorate of the City pursuant to applicable laws of the State of New Mexico, the City Charter and the City's home rule power pursuant to Article X, Section 6 of the New Mexico Constitution; and
WHEREAS, a regular municipal election is required to be held in the City of Albuquerque on Tuesday, the 4th day of October, 2011, at which an election relating to the offices of Councillor of Districts 2, 4, 6, and 8 will be held in accordance with the City Charter and that a special municipal election will be held in the City of Albuquerque on Tuesday, the 4th day of October, 2011 relating to the authorization of the City's gross receipts tax revenue bonds (the "GRT Bond Electi...