CITY of ALBUQUERQUE
TWENTY SIXTH COUNCIL
COUNCIL BILL NO.
O-24-43___ ENACTMENT NO. ________________________
SPONSORED BY: Nichole Rogers and Klarissa J. Pe?a, by request
ORDINANCE
title Approving A Project Involving Ebon Solar, 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 Acquisition, Construction And Improvement Of A Facility For The Manufacture Of Photovoltaic Cells Which Are Semi-Conductor Devices That Covert The Energy Of Light Into Electrical Energy To Be Located At Mesa Del Sol 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 (Rogers and Pe?a, by request)
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APPROVING A PROJECT INVOLVING EBON SOLAR, 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 ACQUISITION, CONSTRUCTION AND IMPROVEMENT OF A FACILITY FOR THE MANUFACTURE OF PHOTOVOLTAIC CELLS WHICH ARE SEMI-CONDUCTOR DEVICES THAT COVERT THE ENERGY OF LIGHT INTO ELECTRICAL ENERGY TO BE LOCATED AT MESA DEL SOL 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.
WHEREAS, the City of Albuquerque (the "City") is a legally and regularly created, established, organized, and existing municipal corporation of the State of New Mexico (the "State"); and
WHEREAS, pursuant to Sections 5-10-1 through 5-10-13 NM...
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