CITY of ALBUQUERQUE
TWENTY-FIFTH COUNCIL
COUNCIL BILL NO. F/S
R-23-114 ENACTMENT NO. _______________________
SPONSORED BY: Brook Bassan by request
RESOLUTION
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F/S Authorizing The Giving Of Notices For Bids For The Sale Of The $19,300,000 City Of Albuquerque, New Mexico General Obligation General Purpose Bonds, Series 2023A (Bassan by request)
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AUTHORIZING THE GIVING OF NOTICES FOR BIDS FOR THE SALE OF THE $19,300,000 CITY OF ALBUQUERQUE, NEW MEXICO GENERAL OBLIGATION GENERAL PURPOSE BONDS, SERIES 2023A.
WHEREAS, the City Council (the "Council") of the City of Albuquerque (the "City"), in the County of Bernalillo and State of New Mexico, at its municipal election of November 2, 2021, was given authority to issue general obligation bonds in the principal amounts stated in the schedule (the "Bond Schedule") shown below under the column entitled "Authorized at 2021 Election" (the "Authorized Bonds"); and
BOND SCHEDULE
GENERAL PURPOSE Authorized at Series 2023A
BONDS 2021 Election Financing
Public Safety $24,796,000 $1,296,000
Citizens' Centers and Community Enhancement 28,410,000 11,410,000
Parks and Recreation 27,265,000 9,265,000
Facilities and Equipment 15,950,000 1,760,000
Library 4,157,000 457,000
Public Transportation 1,111,000 1,111,000
Affordable Housing 3,333,000 3,333,000
Metropolitan Redevelopment 4,545,000 2,045,000
Streets 21,816,000 3,236,000
Museum and Cultural Facilities 3,966,000 41,000
SUBTOTAL $135,349,000 $33,954,000
Storm Sewer 4,651,000 346,000
TOTAL $140,000,000 $34,300,000
WHEREAS, the City wishes to issue and sell (i) by competitive bid in a public sale, its $19,300,000 General Obl...
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