City of Albuquerque - File #: O-17-35

• File #: O-17-35
• Type: Ordinance
• Status: Enacted
• File created: 1/18/2017
• In control: City Council
• Final action: 3/6/2017
• Enactment date: 3/17/2017
• Enactment #: O-2017-005
• Title: Approving A Project Involving CSI Aviation, 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 Construction Of An Aircraft Hangar, Office Space And Related Improvements; 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 (Lewis, by request)

Date	Action By	Action	Result
3/17/2017	City Clerk	Published
3/17/2017	Mayor	Signed by the Mayor
3/10/2017	City Council	Sent to Mayor for Signature
3/6/2017	City Council	Passed as Amended	Pass
3/6/2017	City Council	Amended	Pass
2/22/2017	City Council	Accepted with a Recommendation Do Pass
2/13/2017	Finance & Government Operations Committee	Sent to Council with a recommendation of Do Pass	Pass
1/18/2017	City Council	Introduced and Referred
1/18/2017	President	Referred

CITY of ALBUQUERQUE
TWENTY-SECOND COUNCIL


COUNCIL BILL NO. O-17-35 ENACTMENT NO. ________________________

SPONSORED BY: Dan Lewis, by request


ORDINANCE
title
Approving A Project Involving CSI Aviation, 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 Construction Of An Aircraft Hangar, Office Space And Related Improvements; 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 (Lewis, by request)
body
APPROVING A PROJECT INVOLVING CSI AVIATION, 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 CONSTRUCTION OF AN AIRCRAFT HANGAR, OFFICE SPACE AND RELATED IMPROVEMENTS; 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 economic development plan for the City and authorizing the City to assist economic development projects in any legally...