CITY of ALBUQUERQUE
TWENTY-SECOND COUNCIL
COUNCIL BILL NO. F/S O-17-36 ENACTMENT NO. __________________
SPONSORED BY: Don Harris, by request
ORDINANCE
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F/S Authorizing The Issuance And Sale Of $34,107,000 City Of Albuquerque, New Mexico General Obligation Bonds, Consisting Of $22,850,000 General Purpose General Obligation Bonds, Series 2017A, And $11,257,000 Short-Term General Obligation Bonds, Series 2017B, Authorized At An Election Of The City Held On October 6, 2015 To Finance Projects Relating To Public Safety, Citizens' Centers, Parks And Recreation, Facilities And Equipment, Library, Public Transportation, Zoo, Biological Park And Museum Facilities, Storm Sewers, And Streets (Harris, by request)
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AUTHORIZING THE ISSUANCE AND SALE OF $34,107,000 CITY OF ALBUQUERQUE, NEW MEXICO GENERAL OBLIGATION BONDS, CONSISTING OF $22,850,000 GENERAL PURPOSE GENERAL OBLIGATION BONDS, SERIES 2017A, AND $11,257,000 SHORT-TERM GENERAL OBLIGATION BONDS, SERIES 2017B, AUTHORIZED AT AN ELECTION OF THE CITY HELD ON OCTOBER 6, 2015 TO FINANCE PROJECTS RELATING TO PUBLIC SAFETY, CITIZENS' CENTERS, PARKS AND RECREATION, FACILITIES AND EQUIPMENT, LIBRARY, PUBLIC TRANSPORTATION, ZOO, BIOLOGICAL PARK AND MUSEUM FACILITIES, STORM SEWERS, AND STREETS; PROVIDING FOR THE LEVY AND COLLECTION OF AD VALOREM TAXES FOR THE PAYMENT OF THE SERIES 2017 BONDS; PROVIDING FOR THE FORMS, TERMS, PURCHASE, PAYMENT, EXECUTION AND OTHER PROVISIONS OF AND CONCERNING THE SERIES 2017 BONDS; PROVIDING FOR THE AWARD AND SALE OF THE SERIES 2017A BONDS TO THE PURCHASER THEREOF; AUTHORIZING THE SALE OF THE SERIES 2017B BONDS TO THE STATE OF NEW MEXICO; PRESCRIBING OTHER DETAILS IN CONNECTION WITH THE SERIES 2017 BONDS AND THE PAYMENT THEREOF; AND RATIFYING PRIOR ACTION TAKEN IN CONNECTION THEREWITH.
Capitalized words 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, ...
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