City of Albuquerque
File #: R-16-87   
Type: Resolution Status: Enacted
File created: 8/1/2016 In control: City Council
Final action: 8/15/2016
Enactment date: 9/1/2016 Enactment #: R-2016-067
Title: Making Findings In Connection With The Montecito Estates 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 Montecito Estates Public Improvement District Special Levy Refunding Revenue Bonds, Series 2016, 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)
Attachments: 1. R-87, 2. R-87Enacted
Date Action ByActionResultAction Details
9/1/2016 City Clerk Published  Action details
8/31/2016 Mayor Signed by the Mayor  Action details
8/22/2016 City Council Sent to Mayor for Signature  Action details
8/15/2016 City Council Accepted with a Recommendation Do Pass (Immediate Action)  Action details
8/15/2016 City Council PassedPass Action details
8/8/2016 Finance & Government Operations Committee Sent to Council for Immediate ActionPass Action details
8/8/2016 Finance & Government Operations Committee Sent to Council with a recommendation of Do PassPass Action details
8/1/2016 City Council Introduced and Referred  Action details
8/1/2016 President Referred  Action details
CITY of ALBUQUERQUE
TWENTY-SECOND COUNCIL

COUNCIL BILL NO. _ R-16-87 ENACTMENT NO. _______________________

SPONSORED BY: Dan Lewis, by request

RESOLUTION
title
Making Findings In Connection With The Montecito Estates 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 Montecito Estates Public Improvement District Special Levy Refunding Revenue Bonds, Series 2016, 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)
body
MAKING FINDINGS IN CONNECTION WITH THE MONTECITO ESTATES 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 MONTECITO ESTATES PUBLIC IMPROVEMENT DISTRICT SPECIAL LEVY REFUNDING REVENUE BONDS, SERIES 2016, 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 Montecito Estates 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 Montecito Estates Public Improvement District, by which the District financed various Infrastructure Improvements to serve approxima...

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