City of Albuquerque - File #: O-22-14

• File #: O-22-14
• Type: Ordinance
• Status: Enacted
• File created: 3/7/2022
• In control: City Council
• Final action: 3/21/2022
• Enactment date: 4/8/2022
• Enactment #: O-2022-015
• Title: Establishing A Business Improvement District, To Be Known As The Albuquerque Tourism Marketing District (Benton, Bassan)
• Sponsors: Isaac Benton, Brook Bassan

Date	Action By	Action	Result
4/8/2022	City Clerk	Published
4/4/2022	Mayor	Signed by the Mayor
3/30/2022	City Council	Sent to Mayor for Signature
3/21/2022	City Council	Passed	Pass
3/7/2022	City Council	Introduced
3/7/2022	President	To be heard at the Council Meeting

CITY of ALBUQUERQUE
TWENTY FIFTH COUNCIL


COUNCIL BILL NO. O-22-14 ENACTMENT NO. ___________________

SPONSORED BY: Isaac Benton and Brook Bassan

ORDINANCE
title
Establishing A Business Improvement District, To Be Known As The Albuquerque Tourism Marketing District (Benton, Bassan)
body
ESTABLISHING A BUSINESS IMPROVEMENT DISTRICT, TO BE KNOWN AS THE ALBUQUERQUE TOURISM MARKETING DISTRICT.
WHEREAS, the City of Albuquerque is authorized pursuant to the Business Improvement District Act, NMSA 1978, Sections 3-63-1 to -16, to establish business improvement districts to provide services that shall attempt to restore or promote the economic vitality of the district and the general welfare of the City of Albuquerque; and
WHEREAS, the allocation of the City's lodgers tax revenues that is used for marketing and promoting the City of Albuquerque is insufficient to adequately market and promote the City to visitors and additional funds are needed to market and promote the City to visitors; and
WHEREAS, a petition to create a business improvement district, to be known as the Albuquerque Tourism Marketing District ("ATMD") has been presented to the City Council, approved by ten (10) or more business owners comprising at least fifty-one percent (51%) of the total number of businesses proposed to be included in the ATMD; and
WHEREAS, a Planning Group appointed by the City Council has recommended the creation of said ATMD and has prepared the ATMD business improvement district plan; and
WHEREAS, a majority of the City Council has approved the subject ATMD proposal; and
WHEREAS, it would be appropriate to create the proposed ATMD to promote the economic vitality of ATMD lodging businesses and the City of Albuquerque by providing additional tourism promotion services and improvements that are intended and designed to increase overnight visitation to ATMD lodging businesses and the City of Albuquerque.
BE IT ORDAINED BY THE COUNC...