City of Albuquerque - File #: R-20-51

• File #: R-20-51
• Type: Resolution
• Status: Enacted
• File created: 5/18/2020
• In control: City Council
• Final action: 6/1/2020
• Enactment date: 6/9/2020
• Enactment #: R-2020-054
• Title: 3 Approving The First Amendment To The Resolution Approving The Formation Of Winrock Town Center Tax Increment Development Districts 1 And 2 (The "Districts"), Pursuant To The Tax Increment For Development Act, Sections 5-15-1 Through 5- 15-29 NMSA 1978, As Amended By Senate Bill 566 Of The First Session Of The Fifty Fourth Legislature (Collectively, The "TIDD Act"); Approving The Amended And Restated Development Agreement By And Among The City Of Albuquerque, New Mexico, Winrock Partners, LLC, And The Districts, Pursuant To The TIDD Act; Consenting To The Second Amendment To Tax Increment Development Plan Ratified In Connection With The Formation Of Districts, Pursuant To The TIDD Act; Ratifying Certain Actions Heretofore Taken; And Repealing All Actions Inconsistent With This Resolution (Gibson) 4

Date	Action By	Action	Result
6/9/2020	City Clerk	Published
6/8/2020	Mayor	Signed by the Mayor
6/3/2020	City Council	Sent to Mayor for Signature
6/1/2020	City Council	Passed	Pass
5/18/2020	City Council	Introduced
5/18/2020	President	To be heard at the Council Meeting

CITY of ALBUQUERQUE
TWENTY FOURTH COUNCIL

COUNCIL BILL NO. R-20-51 ENACTMENT NO.

SPONSORED BY: Diane G. Gibson


1 RESOLUTION
2 title
3 Approving The First Amendment To The Resolution Approving The Formation Of Winrock Town Center Tax Increment Development Districts 1 And 2 (The "Districts"), Pursuant To The Tax Increment For Development Act, Sections 5-15-1 Through 5- 15-29 NMSA 1978, As Amended By Senate Bill 566 Of The First Session Of The Fifty Fourth Legislature (Collectively, The "TIDD Act"); Approving The Amended And Restated Development Agreement By And Among The City Of Albuquerque, New Mexico, Winrock Partners, LLC, And The Districts, Pursuant To The TIDD Act; Consenting To The Second Amendment To Tax Increment Development Plan Ratified In Connection With The Formation Of Districts, Pursuant To The TIDD Act; Ratifying Certain Actions Heretofore Taken; And Repealing All Actions Inconsistent With This Resolution (Gibson)
4 body
5 APPROVING THE FIRST AMENDMENT TO THE RESOLUTION APPROVING
6 THE FORMATION OF WINROCK TOWN CENTER TAX INCREMENT
7 DEVELOPMENT DISTRICTS 1 AND 2 (THE "DISTRICTS"), PURSUANT TO THE
8 TAX INCREMENT FOR DEVELOPMENT ACT, SECTIONS 5-15-1 THROUGH 5-
9 15-29 NMSA 1978, AS AMENDED BY SENATE BILL 566 OF THE FIRST
10 SESSION OF THE FIFTY FOURTH LEGISLATURE (COLLECTIVELY, THE "TIDD
11 ACT"); APPROVING THE AMENDED AND RESTATED DEVELOPMENT
12 AGREEMENT BY AND AMONG THE CITY OF ALBUQUERQUE, NEW MEXICO,
13 WINROCK PARTNERS, LLC, AND THE DISTRICTS, PURSUANT TO THE TIDD
14 ACT; CONSENTING TO THE SECOND AMENDMENT TO TAX INCREMENT
15 DEVELOPMENT PLAN RATIFIED IN CONNECTION WITH THE FORMATION OF
16 DISTRICTS, PURSUANT TO THE TIDD ACT; RATIFYING CERTAIN ACTIONS
17 HERETOFORE TAKEN; AND REPEALING ALL ACTIONS INCONSISTENT WITH
18 THIS RESOLUTION.
19 WHEREAS, on October 6, 2008, the City of Albuquerque, New Mexico (the
20 "City") adopted Resolution Enactment No. R-2008-120 (the "Forma...