City of Albuquerque - File #: R-23-114

• File #: R-23-114
• Type: Resolution
• Status: Enacted
• File created: 2/22/2023
• In control: City Council
• Final action: 3/20/2023
• Enactment date: 4/4/2023
• Enactment #: R-2023-028
• Title: 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)
• Sponsors: Brook Bassan (By Request)

Date	Action By	Action	Result
4/4/2023	City Clerk	Published
3/28/2023	Mayor	Signed by the Mayor
3/23/2023	City Council	Sent to Mayor for Signature
3/20/2023	City Council	Accepted with a Recommendation Do Pass (Immediate Action)
3/20/2023	City Council	Passed as Substituted	Pass
3/20/2023	City Council	Substituted	Pass
3/13/2023	Finance & Government Operations Committee	Sent to Council for Immediate Action	Pass
3/13/2023	Finance & Government Operations Committee	Sent to Council with a recommendation of Do Pass	Pass
2/22/2023	City Council	Introduced and Referred
2/22/2023	President	Referred

CITY of ALBUQUERQUE
TWENTY-FIFTH COUNCIL


COUNCIL BILL NO. F/S R-23-114 ENACTMENT NO. _______________________

SPONSORED BY: Brook Bassan by request


RESOLUTION
title
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)
body
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...