CITY of ALBUQUERQUE
TWENTY-FOURTH COUNCIL
COUNCIL BILL NO. _F/S R-20-82 ENACTMENT NO. _______________________
SPONSORED BY: COUNCILOR HARRIS
RESOLUTION
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F/S Making Findings In Connection With The Juan Tabo Hills Estates Public Improvement District's Resolution Authorizing The Issuance And Sale Of Special Levy Revenue Bonds; Ratifying And Approving The Issuance And Sale Of The Juan Tabo Hills Estates Public Improvement District Special Levy Revenue Bonds, Series 2020, As Substantially Consistent With The Requirements Of City Ordinance Enactment No. 0-2003-12 And City Council Resolution Enactment No. R-2017-098 (Harris)
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MAKING FINDINGS IN CONNECTION WITH THE JUAN TABO HILLS ESTATES PUBLIC IMPROVEMENT DISTRICT'S RESOLUTION AUTHORIZING THE ISSUANCE AND SALE OF SPECIAL LEVY REVENUE BONDS; RATIFYING AND APPROVING THE ISSUANCE AND SALE OF THE JUAN TABO HILLS ESTATES PUBLIC IMPROVEMENT DISTRICT SPECIAL LEVY REVENUE BONDS, SERIES 2020, AS SUBSTANTIALLY CONSISTENT WITH THE REQUIREMENTS OF CITY ORDINANCE ENACTMENT NO. 0-2003-12 AND CITY COUNCIL RESOLUTION ENACTMENT NO. R-2017-098.
Capitalized terms in the following preambles shall have the meanings assigned in City Council Resolution Enactment No. R-2017-098 adopted on October 16, 2017 (the "Formation Resolution") except as otherwise defined in this Resolution, or unless the context clearly requires otherwise.
WHEREAS, pursuant to the Act and Ordinance Enactment No. O-2003-12 (the "PID Ordinance"), the Council enacted the Formation Resolution, in which the Council approved the formation of the Juan Tabo Hills Estates Public Improvement District for the purpose of financing public infrastructure improvements; and
WHEREAS, pursuant to the Formation Resolution, the Council approved the Development Agreement between the Petitioner, the City and the Juan Tabo Hills Estates Public Improvement District, by which the District has undertaken to finance various Infra...
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