City of Albuquerque - File #: O-21-53

• File #: O-21-53
• Type: Ordinance
• Status: Enacted
• File created: 3/1/2021
• In control: City Council
• Final action: 3/15/2021
• Enactment date: 3/29/2021
• Enactment #: O-2021-007
• Title: F/S Authorizing The Issuance And Sale Of (I) City Of Albuquerque, New Mexico General Obligation Bonds In Two Series In A Collective Par Amount Not To Exceed $42,960,000, Consisting Of $22,960,000 General Purpose General Obligation Bonds, Series 2021A, And $20,000,000 Short-Term General Obligation Bonds, Series 2021C, Authorized At An Election Of The City Held On November 5, 2019 To Finance Projects Relating To Public Safety, Citizens' Centers, Parks And Recreation, Facilities And Equipment, Library, Public Transportation, Museum And Cultural Facilities, Streets, Affordable Housing And Metropolitan Redevelopment, And (II) City Of Albuquerque, New Mexico General Obligation Refunding Bonds, Series 2021B In A Par Amount Not To Exceed $31,500,000 (The Series 2021A Bonds, Series 2021B Bonds And Series 2021C Bonds Are Collectively Referred To As The "Series 2021 Bonds"); Providing For The Levy And Collection Of Ad Valorem Taxes For The Payment Of The Series 2021 Bonds; Approving The Delegatio...
• 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 as Substituted	Pass
3/15/2021	City Council	Substituted	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. F/S O-21-53 ENACTMENT NO. ________________________

SPONSORED BY: COUNCILOR BASSAN, by request


ORDINANCE
title
F/S Authorizing The Issuance And Sale Of (I) City Of Albuquerque, New Mexico General Obligation Bonds In Two Series In A Collective Par Amount Not To Exceed $42,960,000, Consisting Of $22,960,000 General Purpose General Obligation Bonds, Series 2021A, And $20,000,000 Short-Term General Obligation Bonds, Series 2021C, Authorized At An Election Of The City Held On November 5, 2019 To Finance Projects Relating To Public Safety, Citizens' Centers, Parks And Recreation, Facilities And Equipment, Library, Public Transportation, Museum And Cultural Facilities, Streets, Affordable Housing And Metropolitan Redevelopment, And (II) City Of Albuquerque, New Mexico General Obligation Refunding Bonds, Series 2021B In A Par Amount Not To Exceed $31,500,000 (The Series 2021A Bonds, Series 2021B Bonds And Series 2021C Bonds Are Collectively Referred To As The "Series 2021 Bonds"); Providing For The Levy And Collection Of Ad Valorem Taxes For The Payment Of The Series 2021 Bonds; Approving The Delegation Of Authority To Make Certain Determinations Regarding The Sale Of The Series 2021 Bonds Pursuant To The Supplemental Public Securities Act; Providing For The Forms, Terms, Purchase, Payment, Execution And Other Provisions Of And Concerning The Series 2021 Bonds; Authorizing The Sale Of The Series 2021C Bonds To The State Of New Mexico; Prescribing Other Details In Connection With The Series 2021 Bonds And The Payment Thereof; And Ratifying Prior Action Taken In Connection Therewith (Bassan, by request)
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AUTHORIZING THE ISSUANCE AND SALE OF (I) CITY OF ALBUQUERQUE, NEW MEXICO GENERAL OBLIGATION BONDS IN TWO SERIES IN A COLLECTIVE PAR AMOUNT NOT TO EXCEED $42,960,000, CONSISTING OF $22,960,000 GENERAL PURPOSE GENERAL OBLIGATION BONDS, SERIES 2021A, AND $20,000,000 SHORT-TERM GENERAL OBLIGATION BONDS, SE...