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

• File #: O-22-22
• Type: Ordinance
• Status: Enacted
• File created: 5/2/2022
• In control: City Council
• Final action: 5/16/2022
• Enactment date: 6/1/2022
• Enactment #: O-2022-020
• Title: Approving A Project Involving Curia New Mexico, LLC 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 Renovation, Expansion, Improvement And Relocation Of Manufacturing And Training Facilities For A Pharmaceutical 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 and Fiebelkorn, by request)
• Sponsors: Brook Bassan (By Request), Tammy Fiebelkorn (By Request)

Date	Action By	Action	Result
6/1/2022	City Clerk	Published
5/31/2022	Mayor	Signed by the Mayor
5/23/2022	City Council	Sent to Mayor for Signature
5/16/2022	City Council	Passed	Pass
5/2/2022	City Council	Introduced
5/2/2022	President	To be heard at the Council Meeting

CITY of ALBUQUERQUE
TWENTY-FIFTH COUNCIL



COUNCIL BILL NO. O-22-22 ____ ENACTMENT NO. ________________________

SPONSORED BY: Brook Bassan and Tammy Fiebelkorn, by request



ORDINANCE
title
Approving A Project Involving Curia New Mexico, LLC 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 Renovation, Expansion, Improvement And Relocation Of Manufacturing And Training Facilities For A Pharmaceutical 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 and Fiebelkorn, by request)
body
APPROVING A PROJECT INVOLVING CURIA NEW MEXICO, LLC 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 RENOVATION, EXPANSION, IMPROVEMENT AND RELOCATION OF MANUFACTURING AND TRAINING FACILITIES FOR A PHARMACEUTICAL 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 entities for certain projects located within the corpora...