City of Albuquerque - File #: R-21-187

• File #: R-21-187
• Type: Resolution
• Status: Enacted
• File created: 8/2/2021
• In control: City Council
• Final action: 8/16/2021
• Enactment date: 8/19/2021
• Enactment #: R-2021-054
• Title: Concerning A Bond Election To Be Held In The City Of Albuquerque At The Next Regular Local Election On November 2, 2021; Submitting To A Vote Of The Qualified, Registered Electors At Such Regular Local Election A Question Relating To The Issuance Of Gross Receipts Tax Revenue Bonds In The Principal Amount Of Up To $50,000,000 To Acquire Property For, And To Design, Develop, Erect, Construct And Otherwise Improve A Public Stadium For Multiple Uses, Including, But Not Limited To, Professional Soccer Events; Providing The Form Of The Bond Question And The Designation Clause For Such Question On The Ballot; Prescribing Other Details In Connection With Such Regular Local Election And Bonds; And Ratifying Action Previously Taken In Connection Therewith (Benton and Bassan, by request)
• Sponsors: Brook Bassan (By Request), Isaac Benton (By Request)

Date	Action By	Action	Result
8/19/2021	City Clerk	Published
8/19/2021	Mayor	Signed by the Mayor
8/18/2021	City Council	Sent to Mayor for Signature
8/16/2021	City Council	Passed as Amended	Pass
8/16/2021	City Council	Amended	Pass
8/16/2021	City Council	Amended	Pass
8/2/2021	City Council	Introduced
8/2/2021	President	To be heard at the Council Meeting

CITY of ALBUQUERQUE
TWENTY FOURTH COUNCIL


COUNCIL BILL NO. R-21-187 ENACTMENT NO. ________________________

SPONSORED BY: Isaac Benton and Brook Bassan, by request


RESOLUTION
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Concerning A Bond Election To Be Held In The City Of Albuquerque At The Next Regular Local Election On November 2, 2021; Submitting To A Vote Of The Qualified, Registered Electors At Such Regular Local Election A Question Relating To The Issuance Of Gross Receipts Tax Revenue Bonds In The Principal Amount Of Up To $50,000,000 To Acquire Property For, And To Design, Develop, Erect, Construct And Otherwise Improve A Public Stadium For Multiple Uses, Including, But Not Limited To, Professional Soccer Events; Providing The Form Of The Bond Question And The Designation Clause For Such Question On The Ballot; Prescribing Other Details In Connection With Such Regular Local Election And Bonds; And Ratifying Action Previously Taken In Connection Therewith (Benton and Bassan, by request)
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CONCERNING A BOND ELECTION TO BE HELD IN THE CITY OF ALBUQUERQUE AT THE NEXT REGULAR LOCAL ELECTION ON NOVEMBER 2, 2021; SUBMITTING TO A VOTE OF THE QUALIFIED, REGISTERED ELECTORS AT SUCH REGULAR LOCAL ELECTION A QUESTION RELATING TO THE ISSUANCE OF GROSS RECEIPTS TAX REVENUE BONDS IN THE PRINCIPAL AMOUNT OF UP TO $50,000,000 TO ACQUIRE PROPERTY FOR, AND TO DESIGN, DEVELOP, ERECT, CONSTRUCT AND OTHERWISE IMPROVE A PUBLIC STADIUM FOR MULTIPLE USES, INCLUDING, BUT NOT LIMITED TO, PROFESSIONAL SOCCER EVENTS; PROVIDING THE FORM OF THE BOND QUESTION AND THE DESIGNATION CLAUSE FOR SUCH QUESTION ON THE BALLOT; PRESCRIBING OTHER DETAILS IN CONNECTION WITH SUCH REGULAR LOCAL ELECTION AND BONDS; AND RATIFYING ACTION PREVIOUSLY TAKEN IN CONNECTION THEREWITH.
WHEREAS, the City Council (the "Council") of the City of Albuquerque (the "City") in the County of Bernalillo and State of New Mexico, has determined that it is necessary and in the best interests of the City and its inhabitants to...