City of Albuquerque
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File #: O-21-62   
Type: Ordinance Status: Enacted
File created: 5/17/2021 In control: City Council
Final action: 6/7/2021
Enactment date: 6/15/2021 Enactment #: O-2021-014
Title: F/S Approving A Project Involving Affordable Solar Installation, Inc. Pursuant To The Local Economic Development Act And City Ordinance F/S O-04-10, The City's Implementing Legislation For That Act, To Support The Acquisition, Renovation, Development And Improvement Of A Facility For A Renewable Energy Production And Storage Technology Research And Development Company In Albuquerque, New Mexico; Authorizing The Execution Of A Project Participation Agreement And Other Documents In Connection With The Project; Making Certain Determinations And Findings Relating To The Project Including The Appropriation Of Funds; Ratifying Certain Actions Taken Previously; And Repealing All Actions Inconsistent With This Ordinance (Bassan, by request)
Attachments: 1. O-62, 2. O-62 Approved Floor Substitute.pdf, 3. O-62FSfinal
Date Action ByActionResultAction Details
6/15/2021 City Clerk Published  Action details
6/14/2021 Mayor Signed by the Mayor  Action details
6/11/2021 City Council Sent to Mayor for Signature  Action details
6/7/2021 City Council Passed as SubstitutedPass Action details
6/7/2021 City Council SubstitutedPass Action details
5/17/2021 City Council Introduced  Action details
5/17/2021 President To be heard at the Council Meeting  Action details
CITY of ALBUQUERQUE
TWENTY-FOURTH COUNCIL



COUNCIL BILL NO. F/S O-21-62____ ENACTMENT NO. ________________________

SPONSORED BY: Bassan, by request



ORDINANCE
title
F/S Approving A Project Involving Affordable Solar Installation, Inc. Pursuant To The Local Economic Development Act And City Ordinance F/S O-04-10, The City's Implementing Legislation For That Act, To Support The Acquisition, Renovation, Development And Improvement Of A Facility For A Renewable Energy Production And Storage Technology Research And Development Company In Albuquerque, New Mexico; Authorizing The Execution Of A Project Participation Agreement And Other Documents In Connection With The Project; Making Certain Determinations And Findings Relating To The Project Including The Appropriation Of Funds; Ratifying Certain Actions Taken Previously; And Repealing All Actions Inconsistent With This Ordinance (Bassan, by request)
body
APPROVING A PROJECT INVOLVING AFFORDABLE SOLAR INSTALLATION, INC. PURSUANT TO THE LOCAL ECONOMIC DEVELOPMENT ACT AND CITY ORDINANCE F/S O-04-10, THE CITY'S IMPLEMENTING LEGISLATION FOR THAT ACT, TO SUPPORT THE ACQUISITION, RENOVATION, DEVELOPMENT AND IMPROVEMENT OF A FACILITY FOR A RENEWABLE ENERGY PRODUCTION AND STORAGE TECHNOLOGY RESEARCH AND DEVELOPMENT COMPANY IN ALBUQUERQUE, NEW MEXICO; AUTHORIZING THE EXECUTION OF A PROJECT PARTICIPATION AGREEMENT AND OTHER DOCUMENTS IN CONNECTION WITH THE PROJECT; MAKING CERTAIN DETERMINATIONS AND FINDINGS RELATING TO THE PROJECT INCLUDING THE APPROPRIATION OF FUNDS; RATIFYING CERTAIN ACTIONS TAKEN PREVIOUSLY; AND REPEALING ALL ACTIONS INCONSISTENT WITH THIS ORDINANCE.
WHEREAS, the City of Albuquerque (the "City") is a legally and regularly created, established, organized, and existing municipal corporation of the State of New Mexico (the "State"); and
WHEREAS, pursuant to Sections 5-10-1 through 5-10-13 NMSA 1978, as amended (the "Act"), the City is authorized to provide economic development assistance to eligible ...

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