City of Albuquerque - File #: R-21-138

• File #: R-21-138
• Type: Resolution
• Status: Enacted
• File created: 3/1/2021
• In control: City Council
• Final action: 3/15/2021
• Enactment date: 3/29/2021
• Enactment #: R-2021-015
• Title: Authorizing The Giving Of Notices For Bids For The Sale Of City Of Albuquerque, New Mexico General Obligation Bonds Consisting Of $22,960,000 General Obligation General Purpose Bonds, Series 2021A And $27,980,000 General Obligation Refunding Bonds, Series 2021B (Bassan, by request)
• Sponsors: Brook Bassan (By Request)

Date	Action By	Action	Result
3/29/2021	City Clerk	Published
3/22/2021	Mayor	Signed by the Mayor
3/18/2021	City Council	Sent to Mayor for Signature
3/15/2021	City Council	Passed	Pass
3/1/2021	City Council	Introduced
3/1/2021	President	To be heard at the Council Meeting

CITY of ALBUQUERQUE
TWENTY-FOURTH COUNCIL

COUNCIL BILL NO. ___ _R-21-138 ENACTMENT NO. _______________________

SPONSORED BY: Brook Bassan, by request

RESOLUTION
title
Authorizing The Giving Of Notices For Bids For The Sale Of City Of Albuquerque, New Mexico General Obligation Bonds Consisting Of $22,960,000 General Obligation General Purpose Bonds, Series 2021A And $27,980,000 General Obligation Refunding Bonds, Series 2021B (Bassan, by request)
body
AUTHORIZING THE GIVING OF NOTICES FOR BIDS FOR THE SALE OF CITY OF ALBUQUERQUE, NEW MEXICO GENERAL OBLIGATION BONDS CONSISTING OF $22,960,000 GENERAL OBLIGATION GENERAL PURPOSE BONDS, SERIES 2021A AND $27,980,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 2021B.
WHEREAS, the City Council (the "Council") of the City of Albuquerque (the "City"), in the County of Bernalillo and State of New Mexico, at its municipal election of November 5, 2019, was given authority to issue general obligation bonds in the principal amounts stated in the schedule shown (the "Bond Schedule") below under the column entitled "Authorized at 2019 Election" (the "Authorized Bonds"); and
BOND SCHEDULE
GENERAL PURPOSE Authorized at Series 2021
BONDS 2019 Election Financing
Public Safety $8,590,000 $1,340,000
Citizens' Centers and Community Enhancement 21,705,000 12,005,000
Parks and Recreation 16,830,000 9,480,000
Facilities and Equipment 10,420,000 3,960,000
Library 8,765,000 265,000
Public Transportation 3,130,000 30,000
Affordable Housing 5,050,000 5,050,000
Metropolitan Redevelopment 8,080,000 5,080,000
Streets 32,930,000 4,730,000
Museum and Cultural Facilities 1,790,000 1,020,000
SUBTOTAL $117,290,000 $42,960,000
Storm Sewer 11,210,000 ...