City of Albuquerque
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File #: O-20-5   
Type: Ordinance Status: In Council - Final Action
File created: 3/16/2020 In control: City Council
Final action:
Enactment date: Enactment #:
Title: 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 $143,000,000: (I) Gross Receipts Tax/Lodgers' Tax Refunding Revenue Bonds, Taxable Series 2020A In The Maximum Principal Amount Not To Exceed $70,000,000, And (II) Gross Receipts Tax Refunding Revenue Bonds, Taxable Series 2020B In The Maximum Principal Amount Not To Exceed $73,000,000 For The Purpose Of (A) Financing The Cost Of Refunding Certain Of The City's Outstanding Gross Receipts Tax/Lodgers' Tax Revenue Bonds, And Certain Of The City's Outstanding Gross Receipts Tax Revenue Bonds; Providing For (I) The Payment Of The Series 2020A Bonds From Certain Gross Receipts Tax Revenues And Lodgers' Tax Revenues, And (II) The Payment Of The Series 2020B Bonds From Certain Gross Receipts Tax Revenues; Providing For The Collection Of Certain Lodgers' Taxes And Certain Gross Receipts Taxes; Approving The Delegation Of Authority To ...
Attachments: 1. O-5
CITY of ALBUQUERQUE
TWENTY FOURTH COUNCIL

COUNCIL BILL NO. O-20-5 ENACTMENT NO. ________________________
SPONSORED BY: Diane G. Gibson, by request

ORDINANCE
title
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 $143,000,000: (I) Gross Receipts Tax/Lodgers' Tax Refunding Revenue Bonds, Taxable Series 2020A In The Maximum Principal Amount Not To Exceed $70,000,000, And (II) Gross Receipts Tax Refunding Revenue Bonds, Taxable Series 2020B In The Maximum Principal Amount Not To Exceed $73,000,000 For The Purpose Of (A) Financing The Cost Of Refunding Certain Of The City's Outstanding Gross Receipts Tax/Lodgers' Tax Revenue Bonds, And Certain Of The City's Outstanding Gross Receipts Tax Revenue Bonds; Providing For (I) The Payment Of The Series 2020A Bonds From Certain Gross Receipts Tax Revenues And Lodgers' Tax Revenues, And (II) The Payment Of The Series 2020B Bonds From Certain Gross Receipts Tax Revenues; Providing For The Collection Of Certain Lodgers' Taxes And Certain Gross Receipts Taxes; Approving The Delegation Of Authority To Make Certain Determinations Regarding The Sale Of The Series 2020 Bonds Pursuant To The Supplemental Public Securities Act (Gibson, by request)
body
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 $143,000,000: (I) Gross Receipts Tax/Lodgers' Tax Refunding Revenue Bonds, Taxable Series 2020a In The Maximum Principal Amount Not To Exceed $70,000,000, And (Ii) Gross Receipts Tax Refunding Revenue Bonds, Taxable Series 2020b In The Maximum Principal Amount Not To Exceed $73,000,000 For The Purpose Of (A) Financing The Cost Of Refunding Certain Of The City's Outstanding Gross Receipts Tax/Lodgers' Tax Revenue Bonds, And Certain Of The City's Outstanding Gross Receipts Tax Revenue Bonds; Providing...

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