City of Albuquerque  
Government Center  
One Civic Plaza  
City of Albuquerque  
Albuquerque, NM 87102  
Letter of Introduction  
President  
Council President, Klarissa J. Peña, District 3  
Council Vice-President, Dan Champine, District 8  
Stephanie W. Telles, District 1; Joaquín Baca, District 2;  
Brook Bassan, District 4; Dan Lewis, District 5;  
Nichole Rogers, District 6; Tammy Fiebelkorn, District 7;  
Renée Grout, District 9  
Monday, March 16, 2026  
5:00 PM  
COMMUNICATIONS  
1.  
EC-26-73  
EC-26-74  
a.  
Mayor's appointment of Ms. Staci Drangmeister to the Albuquerque  
Museum Board of Trustees  
Attachments:  
EC-73  
To be heard at the Council Meeting on 4/6/2026  
b.  
Mayor's appointment of Ms. Jessica Sapunar-Jursich to the Affordable  
Housing Committee  
Attachments:  
EC-74  
To be heard at the Council Meeting on 4/6/2026  
EC-26-75  
EC-26-76  
Age-Friendly Quarterly Update for Q2 FY 2026  
c.  
d.  
Attachments:  
EC-75  
To be heard at the Council Meeting on 4/6/2026  
Ground Lease Agreement between City of Albuquerque and Operating  
Engineers Local 953 Journeyman & Apprenticeship Training Trust Fund  
Attachments:  
EC-76  
Referred to the Finance & Government Operations Committee  
EC-26-77  
e.  
Submission of a Grant Application to the State of New Mexico Energy,  
Minerals and Natural Resources Department (EMNRD) for funding  
through the New Mexico Land and Water Conservation Grant Program  
Attachments:  
EC-77  
To be heard at the Council Meeting on 4/6/2026  
EC-26-78  
EC-26-79  
Insurance and Benefits Survey  
f.  
Attachments:  
EC-78  
Referred to the Finance & Government Operations Committee  
g.  
Approval of the Risk First Supplemental Agreement to add funds for  
Outside Counsel Legal Services Between Walz and Associates P.C.,  
and the City of Albuquerque  
Attachments:  
EC-79  
To be heard at the Council Meeting on 4/6/2026  
EC-26-80  
EC-26-81  
Revenue & Expense Report for Second Quarter Fiscal Year 2026  
h.  
i.  
Attachments:  
EC-80  
Referred to the Finance & Government Operations Committee  
Presentation of FY25 Audit  
Attachments:  
EC-81  
Referred to the Finance & Government Operations Committee  
INTRODUCTIONS  
2.  
O-26-17  
j.  
Authorizing The Execution And Delivery Of A Water Project Fund  
Loan/Grant Agreement By And Between The New Mexico Finance  
Authority (“Finance Authority”) And The City Of Albuquerque (The  
“Borrower/Grantee”), Evidencing An Obligation Of The Borrower/Grantee  
To Utilize The Loan/Grant Amount Solely For A Water Storage,  
Conveyance And Delivery Project For Puerto Del Sol Golf Course In The  
Total Amount Of Three Million Dollars ($3,000,000), Including A Loan In  
The Amount Of Three Hundred Thousand Dollars ($300,000); Solely In  
The Manner Described In The Loan/Grant Agreement; Providing For The  
Pledge And Payment Of The Loan Amount And An Administrative Fee  
Solely From The Revenues Of The Tax Distributions Received By The  
Governmental Unit Pursuant To NMSA 1978, § 7-1-6.1, NMSA 1978, §  
7-1-6.4, NMSA 1978, § 7-1-6.15, And NMSA 1978, § 7-9-4, As  
Amended; Certifying That The Loan/Grant Amount, Together With Other  
Funds Available To The Borrower/Grantee, Are Sufficient To Complete  
The Project; Approving The Form Of And Other Details Concerning The  
Loan/Grant Agreement; Ratifying Actions Heretofore Taken; Repealing  
All Action Inconsistent With This Resolution; And Authorizing The Taking  
Of Other Actions In Connection With The Execution And Delivery Of The  
Loan/Grant Agreement (Rogers, by request)  
Attachments:  
O-17  
Referred to the Finance & Government Operations Committee  
O-26-18  
k.  
Authorizing The Issuance And Sale Of The City Of Albuquerque, New  
Mexico Gross Receipts Tax Refunding Revenue Bonds, Series 2026A In  
The Maximum Principal Amount Of $38,025,000 To Finance The (1) The  
Cost Of Refunding The City’s Outstanding Gross Receipts Tax  
Improvement Revenue Bonds, Series 2015A And Outstanding Gross  
Receipts Tax Improvement Revenue Bonds, Series 2016C; And (2)  
Paying Expenses Related Thereto; Providing For The Payment Of The  
Series 2026A Bonds From State-Shared Gross Receipts Tax Revenues;  
Providing For The Collection Of State-Shared Gross Receipts Tax  
Revenues; Approving The Delegation Of Authority To Make Certain  
Determinations Regarding The Sale Of The Series 2026A Bonds  
Pursuant To The Supplemental Public Securities Act; Providing For The  
Terms And Other Details Concerning The Series 2026A Bonds;  
Providing For Certain Documents Pertaining To The Series 2026A  
Bonds; Ratifying Action Previously Taken; Repealing All Actions  
Inconsistent With This Ordinance; Authorizing The Taking Of Other  
Actions In Connection With The Issuance And Sale Of The Series 2026A  
Bonds (Grout, by request)  
Attachments:  
O-18  
To be heard at the Council Meeting on 4/6/2026  
O-26-19  
l.  
Approving A Project Involving Mantis Space Inc. 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 Leasing,  
Construction And Improvement Of A Facility To Support Advanced  
Optics Research And Development And Limited Scale Satellite  
Component Manufacturing For Development Of On-Demand Power In  
Space To Be Located 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, by request)  
Attachments:  
O-19  
To be heard at the Council Meeting on 4/6/2026  
O-26-20  
m.  
Authorizing The Issuance And Sale Of City Of Albuquerque, New Mexico  
General Obligation Bonds, Series 2026, In Three Series In A Collective  
Par Amount Not To Exceed $89,610,000, Consisting Of (I) $56,360,000  
General Purpose General Obligation Bonds, Series 2026A, (II)  
$8,250,000 General Obligation Storm Sewer Bonds, Series 2026B, And  
(III) $25,000,000 Short-Term General Obligation Bonds, Taxable Series  
2026C (The Series 2026A Bonds, Series 2026B Bonds And Series  
2026C Bonds, Collectively, Are Referred To As The “Series 2026  
Bonds”), Authorized At An Election Of The City Held On November 4,  
2025 To Finance Projects Relating To Public Safety, Citizens’ Centers  
And Community Enhancement, Parks And Recreation, Energy/Water  
Conservation, Facilities And Equipment, Library, Museum And Cultural  
Facilities, Storm Sewers, Streets, And Public Transportation; Providing  
For The Levy And Collection Of Ad Valorem Taxes For The Payment Of  
The Series 2026 Bonds; Approving The Delegation Of Authority To  
Make Certain Determinations Regarding The Sale Of The Series 2026  
Bonds Pursuant To The Supplemental Public Securities Act; Providing  
For The Forms, Terms, Purchase, Payment, Execution And Other  
Provisions Of And Concerning The Series 2026 Bonds; Authorizing The  
Sale Of The Series 2026C Bonds To The State Of New Mexico;  
Prescribing Other Details In Connection With The Series 2026 Bonds  
And The Payment Thereof; And Ratifying Prior Action Taken In  
Connection Therewith (Grout, by request)  
Attachments:  
O-20  
Referred to the Finance & Government Operations Committee  
O-26-21  
n.  
Authorizing The Issuance And Sale Of The City Of Albuquerque, New  
Mexico Municipal Infrastructure Gross Receipts Tax Improvement  
Revenue Bonds, Series 2026 For The Purpose Of (1) Financing The  
Cost Of Designing, Developing, Constructing, Reconstructing,  
Rehabilitating, Renovating, Modernizing, Signing, Enhancing And  
Otherwise Improving Community Enhancement Projects For The Benefit  
Of The City, (2) Funding The Capitalized Interest Fund And Debt Service  
Reserve Fund, As Necessary, And (3) Paying Expenses Related To  
Issuance Of The Bonds; Providing For The Payment Of The Series 2026  
Bonds From Fifty Percent (50%) Of The Revenues Of A 0.4875%  
Municipal Gross Receipts Tax; Approving The Delegation Of Authority To  
Make Certain Determinations Regarding The Sale Of The Series 2026  
Bonds Pursuant To The Supplemental Public Securities Act; Providing  
For The Terms And Other Details Concerning The Series 2026 Bonds;  
Providing For Certain Documents Pertaining To The Series 2026 Bonds;  
Ratifying Action Previously Taken; Repealing All Actions Inconsistent  
With This Ordinance; Authorizing The Taking Of Other Actions In  
Connection With The Issue And Sale Of The Series 2026 Bonds  
(Bassan)  
Attachments:  
O-21  
To be heard at the Council Meeting on 4/6/2026  
R-26-6  
o.  
Designating Approximately 36 Acres On San Pedro Dr As Blighted;  
Approving An Expansion Amendment To The Boundary Of The Near  
Heights Metropolitan Redevelopment Area; Approving A Corresponding  
Non-Substantial Amendment To The Near Heights Metropolitan  
Redevelopment Area Plan; Amending Section 1-12-11 Of The Code Of  
Resolutions (Fiebelkorn, by request)  
Attachments:  
R-6  
Referred to the Land Use, Planning, and Zoning Committee  
R-26-7  
R-26-8  
p.  
q.  
Amending The Adopted Capital Implementation Program Of The  
City Of Albuquerque By Supplementing Current Operating Grant  
Appropriations And Approving New Projects (Bassan, by request)  
Attachments:  
R-7  
Immediate Action Requested  
Adjusting Fiscal Year 2026 Operating Appropriations In The  
Albuquerque Fire Rescue’s Fire Fund (210) In Order To Provide Funding  
To The Capital Acquisition Fund (305) For The Fire Station 11 Bunk  
Room Addition (Rogers, by request)  
Attachments:  
R-8  
Referred to the Finance & Government Operations Committee  
R-26-9  
r.  
Establishing The City’s Infrastructure Capital Improvements Plan (ICIP)  
Priorities For 2026 (Grout, by request)  
Attachments:  
R-9  
Referred to the Finance & Government Operations Committee  
R-26-10  
s.  
Authorizing The Giving Of Notices For Bids For The Sale Of City Of  
Albuquerque, New Mexico General Obligation Bonds Consisting Of  
$56,360,000 General Obligation General Purpose Bonds, Series  
2026A, And $8,250,000 General Obligation Storm Sewer Bonds, Series  
2026B (Grout, by request)  
Attachments:  
R-10  
Referred to the Finance & Government Operations Committee  
R-26-11  
t.  
Amending R-24-109 To Extend The Deadline For Implementation Of  
Directives Related To The City’s Housing Voucher Programs (Grout and  
Rogers)  
Attachments:  
R-11  
To be heard at the Council Meeting on 4/6/2026  
R-26-12  
R-26-13  
u.  
v.  
Adjusting Fiscal Year 2026 Operating Appropriations For Certain Funds  
And Programs (Champine)  
Attachments:  
R-12  
To be heard at the Council Meeting on 4/6/2026  
Appropriating The Portion Of Revenues Derived From The Community  
Enhancement Municipal Gross Receipts Tax Dedicated To Municipal  
Operational Purposes To Fund 110 (General Fund), Addressing  
Employee Compensation Adjustments And Facility Lifecycle And  
Deferred Maintenance Needs Including Municipal Facilities, Streets, And  
Parks, And Requiring City Council Approval Prior To Expenditure  
(Bassan)  
Attachments:  
R-13  
To be heard at the Council Meeting on 4/6/2026