CITY of ALBUQUERQUE
TWENTY THIRD COUNCIL
COUNCIL BILL NO. R-19-219 ENACTMENT NO. ________________________
SPONSORED BY: Isaac Benton, by request
RESOLUTION
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Establishing Priorities For The 2021 Capital Improvements Plan; Defining The Criteria To Be Used In Rating Project Proposals; Assigning Weights To The Criteria; Allocating Amounts For Different Purposes Within The 2021 General Obligation Bond Program (Benton, by request)
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ESTABLISHING PRIORITIES FOR THE 2021 CAPITAL IMPROVEMENTS PLAN; DEFINING THE CRITERIA TO BE USED IN RATING PROJECT PROPOSALS; ASSIGNING WEIGHTS TO THE CRITERIA; ALLOCATING AMOUNTS FOR DIFFERENT PURPOSES WITHIN THE 2021 GENERAL OBLIGATION BOND PROGRAM.
WHEREAS, Chapter 2, Article 12, ROA 1994, the capital improvements ordinance, requires the preparation and submittal to Council of a ten-year plan for capital expenditures; and
WHEREAS, it is necessary that government prioritize capital funding for public safety and basic infrastructure; and
WHEREAS, the ten-year plan's proposed projects must be ranked through a priority setting system; and
WHEREAS, the review and ranking process provides the City Council and the Administration the opportunity for a biennial review of capital needs throughout the City of Albuquerque; and
WHEREAS, the City of Albuquerque has adopted 5-Year Goals and 1-Year Objectives, which are incorporated in the priority setting system; and
WHEREAS, the City of Albuquerque has adopted the "Albuquerque/Bernalillo County Comprehensive Plan"; and
WHEREAS, the City of Albuquerque has adopted various measures related to growth policy; and
WHEREAS, the City Council may provide policy direction through the development of criteria to be used in ranking and selecting projects for proposal to Council.
BE IT RESOLVED BY THE COUNCIL, THE GOVERNING BODY OF THE CITY OF ALBUQUERQUE:
Section 1. The amount of the 2021 General Obligation Bond Program is estimated to be $128,500,000.
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