City of Albuquerque - File #: O-22-25

• File #: O-22-25
• Type: Ordinance
• Status: Enacted
• File created: 5/2/2022
• In control: City Council
• Final action: 6/6/2022
• Enactment date: 6/28/2022
• Enactment #: O-2022-026
• Title: F/S Authorizing The Issuance And Sale Of The City Of Albuquerque, New Mexico Gross Receipts Tax Improvement Revenue Bonds In One Or More Series In An Aggregate Principal Amount Not To Exceed $100,000,000 To Finance The (1) Cost Of Designing, Developing, Constructing, Reconstructing, Rehabilitating, Renovating, Modernizing, Signing, Enhancing And Otherwise Improving Certain Capital Improvements, Including Road Infrastructure, Recreational Facilities, Affordable Housing, Public Safety, Property Acquisition And Public Buildings, And (2) Paying Expenses Related To Issuance Of The Bonds; Providing For The Payment Of The Series 2022 Bonds From Certain Gross Receipts Tax Revenues; Providing For The Collection Of Certain Gross Receipts Taxes; Approving The Delegation Of Authority To Make Certain Determinations Regarding The Sale Of The Series 2022 Bonds Pursuant To The Supplemental Public Securities Act; Providing For The Terms And Other Details Concerning The Series 2022 Bonds; Providing For ...
• Sponsors: Brook Bassan, Isaac Benton, Dan Lewis

Date	Action By	Action	Result
6/28/2022	City Clerk	Published
6/21/2022	Mayor	Signed by the Mayor
6/14/2022	City Council	Sent to Mayor for Signature
6/6/2022	City Council	Passed as Substituted	Pass
6/6/2022	City Council	Substituted	Pass
5/16/2022	City Council	Accepted with a recommendation Do Pass, As Amended
5/12/2022	Committee of the Whole	Sent to Council with a recommendation of Do Pass, as Amended	Pass
5/12/2022	Committee of the Whole	Amended	Pass
5/5/2022	Committee of the Whole	Postponed	Pass
5/2/2022	City Council	Introduced and Referred
5/2/2022	President	Referred

CITY of ALBUQUERQUE
TWENTY-FIFTH COUNCIL

COUNCIL BILL NO. F/S O-22-25 ENACTMENT NO. ________________________
SPONSORED BY: Brook Bassan, Isaac Benton and Dan Lewis

ORDINANCE
title
F/S Authorizing The Issuance And Sale Of The City Of Albuquerque, New Mexico Gross Receipts Tax Improvement Revenue Bonds In One Or More Series In An Aggregate Principal Amount Not To Exceed $100,000,000 To Finance The (1) Cost Of Designing, Developing, Constructing, Reconstructing, Rehabilitating, Renovating, Modernizing, Signing, Enhancing And Otherwise Improving Certain Capital Improvements, Including Road Infrastructure, Recreational Facilities, Affordable Housing, Public Safety, Property Acquisition And Public Buildings, And (2) Paying Expenses Related To Issuance Of The Bonds; Providing For The Payment Of The Series 2022 Bonds From Certain Gross Receipts Tax Revenues; Providing For The Collection Of Certain Gross Receipts Taxes; Approving The Delegation Of Authority To Make Certain Determinations Regarding The Sale Of The Series 2022 Bonds Pursuant To The Supplemental Public Securities Act; Providing For The Terms And Other Details Concerning The Series 2022 Bonds; Providing For Certain Documents Pertaining To The Series 2022 Bonds; Ratifying Action Previously Taken; Repealing All Actions Inconsistent With This Ordinance; Authorizing The Taking Of Other Actions In Connection With The Issue And Sale Of The Series 2022 Bonds (Bassan, Benton, Lewis)
body
AUTHORIZING THE ISSUANCE AND SALE OF THE CITY OF ALBUQUERQUE, NEW MEXICO GROSS RECEIPTS TAX IMPROVEMENT REVENUE BONDS IN ONE OR MORE SERIES IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $100,000,000 TO FINANCE THE (1) COST OF DESIGNING, DEVELOPING, CONSTRUCTING, RECONSTRUCTING, REHABILITATING, RENOVATING, MODERNIZING, SIGNING, ENHANCING AND OTHERWISE IMPROVING CERTAIN CAPITAL IMPROVEMENTS, INCLUDING ROAD INFRASTRUCTURE, RECREATIONAL FACILITIES, AFFORDABLE HOUSING, PUBLIC SAFETY, PROPERTY ACQUISITION AND PUBLIC BUILDI...