CITY OF ALBUQUERQUE
TWENTIETH COUNCIL
COUNCIL BILL NO.
O-12-36 ENACTMENT NO. ________________________
SPONSORED BY: Dan Lewis, by request
ORDINANCE
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Relating To Special Assessment District No. 228; Ratifying The Proceedings Taken In Providing For Certain Street, Sanitary Sewer Lines, Water Lines, Storm Drainage And Private Utility Improvements; Providing For The Payment Of The Costs And Expenses; Providing For The Filing Of A Claim Of Lien; Assessing The Cost Of Improvements Against The Land Benefitted; Establishing The Interest Rates On The Unpaid Assessments; And Providing For A Penalty For Delinquent Payments (Lewis, by request)
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RELATING TO CITY OF ALBUQUERQUE, NEW MEXICO SPECIAL ASSESSMENT DISTRICT NO. 228; RATIFYING THE PROCEEDINGS TAKEN IN PROVIDING FOR CERTAIN STREET, SANITARY SEWER LINES, WATER LINES, STORM DRAINAGE AND PRIVATE UTILITY IMPROVEMENTS IN SUCH DISTRICT; PROVIDING FOR THE PAYMENT OF THE COSTS AND EXPENSES OF SUCH IMPROVEMENTS; PROVIDING FOR THE FILING OF A CLAIM OF LIEN; ASSESSING THE COST OF SUCH IMPROVEMENTS AGAINST THE TRACTS, PARCELS AND LOTS OF LAND BENEFITTED BY SUCH IMPROVEMENTS; ESTABLISHING THE INTEREST RATES ON THE UNPAID ASSESSMENTS; AND PROVIDING FOR A PENALTY FOR DELINQUENT PAYMENTS.
WHEREAS, the City Council (the “Council”) of the City of Albuquerque (the “City”), in the State of New Mexico, has heretofore, pursuant to the requisite preliminary proceedings, provided for and ordered the grading, paving, draining, and otherwise completing of certain streets and parts thereof (the “Street Improvements”); grading, constructing, installing, and otherwise providing certain storm drainage improvements (the “Storm Drainage Improvements”); constructing, installing, and otherwise improving of certain sanitary sewer lines (the “Sanitary Sewer Improvements”), water lines (the “Water Improvements”), and private utilities (the “Private Utility Improvements”), (collectively, the “Improvements”), all ...
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