City of Albuquerque
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File #: R-20-107   
Type: Resolution Status: Adopted
File created: 10/5/2020 In control: City Council
Final action: 10/19/2020
Enactment date: Enactment #:
Title: Making Findings In Connection With The Resolution Of Winrock Town Center Tax Increment Development District 1 Authorizing The Issuance And Sale Of Subordinate Lien Tax Increment Bonds; Ratifying And Approving The Issuance And Sale Of The Winrock Town Center Tax Increment Development District 1 Subordinate Lien Gross Receipts Tax Increment Bonds, Series 2020; Authorizing Amendments To The Operation Agreement And The Construction Agreement Previously Entered Into By The City With Respect To Such District; And Repealing City Council Enactment No. R-2020-013 (Gibson)
Attachments: 1. R-107.pdf, 2. R-107final
Date Action ByActionResultAction Details
10/28/2020 City Council Sent to Mayor for Signature  Action details
10/19/2020 City Council Accepted with a Recommendation Do Pass, as Amended (Immediate Action)  Action details
10/19/2020 City Council PassedPass Action details
10/12/2020 Finance & Government Operations Committee Sent to Council for Immediate ActionPass Action details
10/12/2020 Finance & Government Operations Committee Sent to Council with a recommendation of Do Pass, as AmendedPass Action details
10/12/2020 Finance & Government Operations Committee AmendedPass Action details
10/5/2020 City Council Introduced and Referred  Action details
10/5/2020 President Referred  Action details
CITY of ALBUQUERQUE
TWENTY FOURTH COUNCIL


COUNCIL BILL NO. R-20-107 ENACTMENT NO. ________________________

SPONSORED BY: Diane Gibson


RESOLUTION
title
Making Findings In Connection With The Resolution Of Winrock Town Center Tax Increment Development District 1 Authorizing The Issuance And Sale Of Subordinate Lien Tax Increment Bonds; Ratifying And Approving The Issuance And Sale Of The Winrock Town Center Tax Increment Development District 1 Subordinate Lien Gross Receipts Tax Increment Bonds, Series 2020; Authorizing Amendments To The Operation Agreement And The Construction Agreement Previously Entered Into By The City With Respect To Such District; And Repealing City Council Enactment No. R-2020-013 (Gibson)
body
MAKING FINDINGS IN CONNECTION WITH THE RESOLUTION OF WINROCK TOWN CENTER TAX INCREMENT DEVELOPMENT DISTRICT 1 AUTHORIZING THE ISSUANCE AND SALE OF SUBORDINATE LIEN TAX INCREMENT BONDS; RATIFYING AND APPROVING THE ISSUANCE AND SALE OF THE WINROCK TOWN CENTER TAX INCREMENT DEVELOPMENT DISTRICT 1 SUBORDINATE LIEN GROSS RECEIPTS TAX INCREMENT BONDS, SERIES 2020, AS SUBSTANTIALLY CONSISTENT WITH THE REQUIREMENTS OF CITY ORDINANCE ENACTMENT NO. O-2006-036 AND CITY COUNCIL RESOLUTION NO. R-2008-126, ENACTMENT NO. R-2008-120; AUTHORIZING AMENDMENTS TO THE OPERATION AGREEMENT AND THE CONSTRUCTION AGREEMENT PREVIOUSLY ENTERED INTO BY THE CITY WITH RESPECT TO SUCH DISTRICT; AND REPEALING CITY COUNCIL RESOLUTION NO. R-20-7, ENACTMENT NO. R-2020-013.
Capitalized terms in the following preambles shall have the meanings assigned in City Council Resolution No. R-2008-126, Enactment No. R-2008-120 (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-2006-036 (the "TIDD Ordinance"), the Council enacted the Formation Resolution, in which the Council approved the formation of the Winrock Town Center Tax In...

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