City of Albuquerque
File #: O-14-4   
Type: Ordinance Status: Enacted
File created: 2/3/2014 In control: City Council
Final action: 2/19/2014
Enactment date: 2/28/2014 Enactment #: O-2014-005
Title: Approving A Project Involving Eclipse Aerospace, Inc. Pursuant To The Local Economic Development Act And City Ordinance F/S O-04-10, The City's Implementing Legislation For That Act, To Support The Continued Operation And Expansion Of Operations At A Facility For Aircraft Assembly And Administrative Operations; Authorizing The Execution Of A Project Participation Agreement And Other Documents In Connection With The Project; Making Certain Determinations And Findings Relating To The Project; Ratifying Certain Actions Taken Previously; And Repealing All Actions Inconsistent With This Ordinance (Gardu?o, Lewis)
Attachments: 1. O-4, 2. O-4final, 3. O-4Enacted
Date Action ByActionResultAction Details
2/28/2014 City Clerk Published  Action details
2/28/2014 Mayor Signed by the Mayor  Action details
2/27/2014 City Council Sent to Mayor for Signature  Action details
2/19/2014 City Council Accepted with a Recommendation Do Pass (Immediate Action)  Action details
2/19/2014 City Council PassedPass Action details
2/10/2014 Finance & Government Operations Committee Sent to Council for Immediate ActionPass Action details
2/10/2014 Finance & Government Operations Committee Sent to Council with a recommendation of Do PassPass Action details
2/3/2014 City Council Introduced and Referred  Action details
2/3/2014 President Referred  Action details
CITY of ALBUQUERQUE
TWENTY-FIRST COUNCIL



COUNCIL BILL NO. O-14-4 ENACTMENT NO. ________________________

SPONSORED BY: Rey Gardu?o and Dan Lewis



ORDINANCE
title
Approving A Project Involving Eclipse Aerospace, Inc. Pursuant To The Local Economic Development Act And City Ordinance F/S O-04-10, The City's Implementing Legislation For That Act, To Support The Continued Operation And Expansion Of Operations At A Facility For Aircraft Assembly And Administrative Operations; Authorizing The Execution Of A Project Participation Agreement And Other Documents In Connection With The Project; Making Certain Determinations And Findings Relating To The Project; Ratifying Certain Actions Taken Previously; And Repealing All Actions Inconsistent With This Ordinance (Gardu?o, Lewis)
body
APPROVING A PROJECT INVOLVING ECLIPSE AEROSPACE, INC. PURSUANT TO THE LOCAL ECONOMIC DEVELOPMENT ACT AND CITY ORDINANCE F/S O-04-10, THE CITY'S IMPLEMENTING LEGISLATION FOR THAT ACT, TO SUPPORT THE CONTINUED OPERATION AND EXPANSION OF OPERATIONS AT A FACILITY FOR AIRCRAFT ASSEMBLY AND ADMINISTRATIVE OPERATIONS; AUTHORIZING THE EXECUTION OF A PROJECT PARTICIPATION AGREEMENT AND OTHER DOCUMENTS IN CONNECTION WITH THE PROJECT; MAKING CERTAIN DETERMINATIONS AND FINDINGS RELATING TO THE PROJECT; RATIFYING CERTAIN ACTIONS TAKEN PREVIOUSLY; AND REPEALING ALL ACTIONS INCONSISTENT WITH THIS ORDINANCE.
WHEREAS, the City of Albuquerque (the "City") is a legally and regularly created, established, organized, and existing municipal corporation of the State of New Mexico (the "State"); and
WHEREAS, pursuant to Sections 5-10-1 through 5-10-13 NMSA 1978, as amended (the "Act"), the City is authorized to provide economic development assistance to eligible entities for certain projects located within the corporate limits of the municipality; and
WHEREAS, pursuant to the Act, the City has adopted Ordinance No. F/S 04-10 (the "LEDA Ordinance"), approving an economi...

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