CITY of ALBUQUERQUE
TWENTY-FIRST COUNCIL
COUNCIL BILL NO. _
R-15-254 ENACTMENT NO. _______________________
SPONSORED BY: Dan Lewis, by request
RESOLUTION
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Making Findings In Connection With The Ventana West Public Improvement District's Resolution Authorizing The Issuance And Sale Of Special Levy Refunding Revenue Bonds; Ratifying And Approving The Issuance And Sale Of The Ventana West Public Improvement District Special Levy Refunding Revenue Bonds, Series 2015, As Substantially Consistent With The Requirements Of City Ordinance Enactment No. 0-2003-12 And City Council Resolution Enactment No. 169-2003 (Lewis, by request)
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MAKING FINDINGS IN CONNECTION WITH THE VENTANA WEST PUBLIC IMPROVEMENT DISTRICT'S RESOLUTION AUTHORIZING THE ISSUANCE AND SALE OF SPECIAL LEVY REFUNDING REVENUE BONDS; RATIFYING AND APPROVING THE ISSUANCE AND SALE OF THE VENTANA WEST PUBLIC IMPROVEMENT DISTRICT SPECIAL LEVY REFUNDING REVENUE BONDS, SERIES 2015, AS SUBSTANTIALLY CONSISTENT WITH THE REQUIREMENTS OF CITY ORDINANCE ENACTMENT NO. 0-2003-12 AND CITY COUNCIL RESOLUTION ENACTMENT NO. 169-2003.
Capitalized terms in the following preambles shall have the meanings assigned in City Council Resolution Enactment No. 169-2003 adopted on December 16, 2003 except as otherwise defined in this Resolution, or unless the context clearly requires otherwise.
WHEREAS, pursuant to the Act and Ordinance Enactment No. O-2003-12 (the "PID Ordinance"), the Council enacted the Formation Resolution, in which the Council approved the formation of the Ventana West Public Improvement District for the purpose of financing public infrastructure improvements; and
WHEREAS, pursuant to the Formation Resolution, the Council approved the Development Agreement between the Petitioner, the City and the Ventana West Public Improvement District, by which the District financed various Infrastructure Improvements to serve approximately 299 gross a...
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