City of Albuquerque - File #: O-22-21

• File #: O-22-21
• Type: Ordinance
• Status: Enacted
• File created: 5/2/2022
• In control: City Council
• Final action: 5/16/2022
• Enactment date: 6/17/2022
• Enactment #: O-2022-021
• Title: Ratifying The Levy Of A Business Improvement Benefit Fee Upon Lodging Businesses Within The Albuquerque Tourism Marketing District (Benton, Bassan)
• Sponsors: Isaac Benton, Brook Bassan

Date	Action By	Action	Result
6/17/2022	City Clerk	Published
5/31/2022	Mayor	Not 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-22-21 ENACTMENT NO. ___________________

SPONSORED BY: Isaac Benton and Brook Bassan


ORDINANCE
title
Ratifying The Levy Of A Business Improvement Benefit Fee Upon Lodging Businesses Within The Albuquerque Tourism Marketing District (Benton, Bassan)
body
RATIFYING THE LEVY OF A BUSINESS IMPROVEMENT BENEFIT FEE UPON LODGING BUSINESSES WITHIN 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 City of Albuquerque adopted Ordinance O-22-14, attached herein as Exhibit A, authorizing the creation of the 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; and
WHEREAS, the Business Improvement District Act, NMSA 1978, Section 3-63-14 requires the adoption of an Ordinance to ratify the levy of assessment within a business improvement district.
BE IT ORDAINED BY THE COUNCIL, THE GOVERNING BODY OF THE CITY OF ALBUQUERQUE:
SECTION 1.
1. The initial period of existence for the ATMD shall be for a five (5) year period, from July 1, 2022, or as soon as possible thereafter, and end five (5) years from its start date.
2. The annual business improvement benefit fee rate is two percent (2%) of gross room rental revenue. Based on the benefit received, business improvement benefit fees will not be collected on: stays of more than thirty (30) consecutive days; stays pursuant to a written agreement for at least thirty (30...