City of Albuquerque - File #: O-19-77

• File #: O-19-77
• Type: Ordinance
• Status: Enacted
• File created: 9/4/2019
• In control: City Council
• Final action: 10/7/2019
• Enactment date: 10/25/2019
• Enactment #: O-2019-029
• Title: F/S Authorizing The Issuance And Sale Of The City Of Albuquerque, New Mexico Tax Refunding And Improvement Revenue Bonds In Two Series In An Aggregate Principal Amount Not To Exceed $47,000,000: (I) Gross Receipts Tax/Lodgers' Tax Refunding And Improvement Revenue Bonds, Series 2019A In The Maximum Principal Amount Of $37,000,000, And (II) Gross Receipts Tax Refunding Revenue Bonds, Series 2019B In The Maximum Principal Amount Of $10,000,000 For The Purpose Of (A) Financing The Cost Of Refunding The City's Outstanding Gross Receipts Tax/Lodgers' Tax Refunding Revenue Bonds, Series 2009A And The City's Outstanding Gross Receipts Tax Refunding Revenue Bond, Series 2009B, And (B) Studying, Designing, Developing, Constructing, Reconstructing, Rehabilitating, Renovating, Modernizing, Signing, Enhancing And Otherwise Improving The City's Convention Center And Other Tourist-Related Facilities and Attractions (Davis, by request)

Date	Action By	Action	Result
10/25/2019	City Clerk	Published
10/24/2019	Mayor	Signed by the Mayor
10/17/2019	City Council	Sent to Mayor for Signature
10/7/2019	City Council	Passed as Substituted	Pass
10/7/2019	City Council	Substituted	Pass
9/18/2019	City Council	Accepted Without Recommendation
9/9/2019	Finance & Government Operations Committee	Sent to Council Without Recommendation	Pass
9/4/2019	City Council	Introduced and Referred
9/4/2019	President	Referred

ORDINANCE
title
F/S Authorizing The Issuance And Sale Of The City Of Albuquerque, New Mexico Tax Refunding And Improvement Revenue Bonds In Two Series In An Aggregate Principal Amount Not To Exceed $47,000,000: (I) Gross Receipts Tax/Lodgers' Tax Refunding And Improvement Revenue Bonds, Series 2019A In The Maximum Principal Amount Of $37,000,000, And (II) Gross Receipts Tax Refunding Revenue Bonds, Series 2019B In The Maximum Principal Amount Of $10,000,000 For The Purpose Of (A) Financing The Cost Of Refunding The City's Outstanding Gross Receipts Tax/Lodgers' Tax Refunding Revenue Bonds, Series 2009A And The City's Outstanding Gross Receipts Tax Refunding Revenue Bond, Series 2009B, And (B) Studying, Designing, Developing, Constructing, Reconstructing, Rehabilitating, Renovating, Modernizing, Signing, Enhancing And Otherwise Improving The City's Convention Center And Other Tourist-Related Facilities and Attractions (Davis, by request)
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AUTHORIZING THE ISSUANCE AND SALE OF THE CITY OF ALBUQUERQUE, NEW MEXICO TAX REFUNDING REVENUE BONDS IN TWO SERIES IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $47,000,000: (I) GROSS RECEIPTS TAX/LODGERS' TAX REFUNDING AND IMPROVEMENT REVENUE BONDS, SERIES 2019A IN THE MAXIMUM PRINCIPAL AMOUNT OF $37,000,000, AND (II) GROSS RECEIPTS TAX REFUNDING REVENUE BONDS, SERIES 2019B IN THE MAXIMUM PRINCIPAL AMOUNT OF $10,000,000 FOR THE PURPOSE OF (A) FINANCING THE COST OF REFUNDING THE CITY'S OUTSTANDING GROSS RECEIPTS TAX/LODGERS' TAX REFUNDING REVENUE BONDS, SERIES 2009A AND THE CITY'S OUTSTANDING GROSS RECEIPTS TAX REFUNDING REVENUE BOND, SERIES 2009B, AND (B) STUDYING, DESIGNING, DEVELOPING, CONSTRUCTING, RECONSTRUCTING, REHABILITATING, RENOVATING, MODERNIZING, SIGNING, ENHANCING AND OTHERWISE IMPROVING TOURIST-RELATED FACILITIES AND ATTRACTIONS; PROVIDING FOR (i) THE PAYMENT OF THE SERIES 2019A BONDS FROM CERTAIN GROSS RECEIPTS TAX REVENUES AND LODGERS' TAX REVENUES, AND (ii) THE PAYMENT OF THE SERIES 2019B BONDS FROM CERTAIN...