City of Albuquerque - File #: O-14-9

• File #: O-14-9
• Type: Ordinance
• Status: Enacted
• File created: 3/17/2014
• In control: City Council
• Final action: 5/8/2014
• Enactment date: 5/23/2014
• Enactment #: O-2014-012
• Title: F/S Authorizing The Issue And Sale Of The $39,960,000 City Of Albuquerque, New Mexico Gross Receipts Tax/Lodgers' Tax Refunding and Improvement Revenue Bonds, Series 2014A For The Purpose Of (i) Financing The Cost Of Refunding The City's Outstanding Tax-Exempt Gross Receipts Tax/Lodgers' Tax Refunding Revenue Bonds, Series 2004A And (ii) Enhancing And Improving The City's Convention Center (Jones, by request)

Date	Action By	Action	Result
5/23/2014	City Clerk	Published
5/23/2014	Mayor	Signed by the Mayor
5/16/2014	City Council	Sent to Mayor for Signature
5/8/2014	City Council	Passed as Substituted	Pass
5/8/2014	City Council	Substituted	Pass
5/5/2014	City Council	Accepted with a Recommendation Do Pass (Immediate Action)
5/5/2014	City Council	Postponed
4/28/2014	Finance & Government Operations Committee	Sent to Council for Immediate Action	Pass
4/28/2014	Finance & Government Operations Committee	Sent to Council with a recommendation of Do Pass	Pass
3/17/2014	City Council	Introduced and Referred
3/17/2014	President	Referred

CITY of ALBUQUERQUE
TWENTY-FIRST COUNCIL


COUNCIL BILL NO. F/S O-14-9 ENACTMENT NO. ________________________
SPONSORED BY: Trudy E. Jones, by request


ORDINANCE
title
F/S Authorizing The Issue And Sale Of The $39,960,000 City Of Albuquerque, New Mexico Gross Receipts Tax/Lodgers' Tax Refunding and Improvement Revenue Bonds, Series 2014A For The Purpose Of (i) Financing The Cost Of Refunding The City's Outstanding Tax-Exempt Gross Receipts Tax/Lodgers' Tax Refunding Revenue Bonds, Series 2004A And (ii) Enhancing And Improving The City's Convention Center (Jones, by request)
body
AUTHORIZING THE ISSUE AND SALE OF THE $36,960,000 CITY OF ALBUQUERQUE, NEW MEXICO GROSS RECEIPTS TAX/LODGERS' TAX REFUNDING AND IMPROVEMENT REVENUE BONDS, SERIES 2014A FOR THE PURPOSE OF (i) FINANCING THE COST OF REFUNDING THE CITY'S OUTSTANDING TAX-EXEMPT GROSS RECEIPTS TAX/LODGERS' TAX REFUNDING REVENUE BONDS, SERIES 2004A AND (ii) STUDYING, DESIGNING, DEVELOPING, CONSTRUCTING, RECONSTRUCTING, REHABILITATING, RENOVATING, MODERNIZING, SIGNING, ENHANCING AND OTHERWISE IMPROVING THE CITY'S CONVENTION CENTER; PROVIDING FOR THE PAYMENT OF THE SERIES 2014A BONDS FROM CERTAIN GROSS RECEIPTS TAX REVENUES AND LODGERS' TAX REVENUES; PROVIDING FOR THE COLLECTION OF CERTAIN LODGERS' TAXES AND CERTAIN GROSS RECEIPTS TAXES; PROVIDING FOR THE TERMS AND OTHER DETAILS CONCERNING THE SERIES 2014A BONDS; PROVIDING FOR CERTAIN DOCUMENTS PERTAINING TO THE SERIES 2014A 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 2014A BONDS; AND MAKING AN APPROPRIATION TO CAPITAL FUND 305.
Capitalized terms used in the following preambles are defined in Section 1 of this Bond Ordinance, unless the context requires otherwise.

WHEREAS, the City is a legally and regularly created, established, organized and existing municipal corporation under the gener...