City of Albuquerque
Share to Facebook Share to Twitter Bookmark and Share
File #: O-22-28   
Type: Ordinance Status: Adopted
File created: 6/6/2022 In control: City Council
Final action: 6/22/2022
Enactment date: Enactment #:
Title: 3 Approving A Project Involving BlueHalo, 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 And Improvement Of Engineering, Manufacturing And Training Facilities For An Integrated Technology 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 (Grout) 4
Attachments: 1. O-28, 2. O-28final
CITY of ALBUQUERQUE
TWENTY-FIFTH COUNCIL

COUNCIL BILL NO. O-22-28 ENACTMENT NO.

SPONSORED BY: Renee Grout



1 ORDINANCE
2 title
3 Approving A Project Involving BlueHalo, 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 And Improvement Of Engineering, Manufacturing And Training Facilities For An Integrated Technology 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 (Grout)
4 body
5 APPROVING A PROJECT INVOLVING BLUEHALO, LLC PURSUANT TO THE
6 LOCAL ECONOMIC DEVELOPMENT ACT AND CITY ORDINANCE F/S O-04-10,
7 THE CITY'S IMPLEMENTING LEGISLATION FOR THAT ACT, TO SUPPORT THE
8 RENOVATION, EXPANSION AND IMPROVEMENT OF ENGINEERING,
9 MANUFACTURING AND TRAINING FACILITIES FOR AN INTEGRATED
10 TECHNOLOGY COMPANY IN ALBUQUERQUE, NEW MEXICO; AUTHORIZING THE
11 EXECUTION OF A PROJECT PARTICIPATION AGREEMENT AND OTHER
12 DOCUMENTS IN CONNECTION WITH THE PROJECT; MAKING CERTAIN
13 DETERMINATIONS AND FINDINGS RELATING TO THE PROJECT INCLUDING THE
14 APPROPRIATION OF FUNDS; RATIFYING CERTAIN ACTIONS TAKEN
15 PREVIOUSLY; AND REPEALING ALL ACTIONS INCONSISTENT WITH THIS
16 ORDINANCE.
17 WHEREAS, the City of Albuquerque (the "City") is a legally and regularly
18 created, established, organized, and existing municipal corporation of the State of New
19 Mexico (the "State"); and
20 WHEREAS, pursuant to Sections 5-10-1 through 5-10-13 NMSA 1978, as
21 amended (the "Act"), the City is authorized to provide economic development
22 assistance to eligible entities for certain projects located within the corporate limits of
23 th...

Click here for full text