City of Albuquerque - File #: O-22-11

• File #: O-22-11
• Type: Ordinance
• Status: Enacted
• File created: 2/23/2022
• In control: City Council
• Final action: 3/7/2022
• Enactment date: 3/28/2022
• Enactment #: O-2022-011
• Title: Authorizing The Issuance And Sale Of (I) City Of Albuquerque, New Mexico General Obligation Bonds In Three Series In A Collective Par Amount Not To Exceed $105,700,000, Consisting Of $76,395,000 General Purpose General Obligation Bonds, Series 2022A, $4,305,000 General Obligation Storm Sewer Bonds, Series 2022B, And $25,000,000 Short-Term General Obligation Bonds, Taxable Series 2022C, Authorized At An Election Of The City Held On November 2, 2021 To Finance Projects Relating To Public Safety, Citizens' Centers, Parks And Recreation, Facilities And Equipment, Library, Museum And Cultural Facilities, Storm Sewers, Streets, And Metropolitan Redevelopment, And (II) City Of Albuquerque, New Mexico General Obligation Refunding Bonds, Series 2022D In A Par Amount Not To Exceed $25,000,000 (The Series 2022A Bonds, Series 2022B Bonds, Series 2022C Bonds And Series 2022D Bonds Are Collectively Referred To As The "Series 2022 Bonds"); Providing For The Levy And Collection Of Ad Valorem Taxes For...
• Sponsors: Pat Davis (By Request)

Date	Action By	Action	Result
3/28/2022	City Clerk	Published
3/22/2022	Mayor	Signed by the Mayor
3/16/2022	City Council	Sent to Mayor for Signature
3/7/2022	City Council	Passed	Pass
2/23/2022	City Council	Introduced
2/23/2022	President	To be heard at the Council Meeting

CITY of ALBUQUERQUE
TWENTY-FIFTH COUNCIL


COUNCIL BILL NO. O-22-11 ENACTMENT NO. ________________________

SPONSORED BY: Pat Davis, by request


ORDINANCE
title
Authorizing The Issuance And Sale Of (I) City Of Albuquerque, New Mexico General Obligation Bonds In Three Series In A Collective Par Amount Not To Exceed $105,700,000, Consisting Of $76,395,000 General Purpose General Obligation Bonds, Series 2022A, $4,305,000 General Obligation Storm Sewer Bonds, Series 2022B, And $25,000,000 Short-Term General Obligation Bonds, Taxable Series 2022C, Authorized At An Election Of The City Held On November 2, 2021 To Finance Projects Relating To Public Safety, Citizens' Centers, Parks And Recreation, Facilities And Equipment, Library, Museum And Cultural Facilities, Storm Sewers, Streets, And Metropolitan Redevelopment, And (II) City Of Albuquerque, New Mexico General Obligation Refunding Bonds, Series 2022D In A Par Amount Not To Exceed $25,000,000 (The Series 2022A Bonds, Series 2022B Bonds, Series 2022C Bonds And Series 2022D Bonds Are Collectively Referred To As The "Series 2022 Bonds"); Providing For The Levy And Collection Of Ad Valorem Taxes For The Payment Of The Series 2022 Bonds; Approving The Delegation Of Authority To Make Certain Determinations Regarding The Sale Of The Series 2022 Bonds Pursuant To The Supplemental Public Securities Act; Providing For The Forms, Terms, Purchase, Payment, Execution And Other Provisions Of And Concerning The Series 2022 Bonds; Authorizing The Sale Of The Series 2022C Bonds To The State Of New Mexico; Prescribing Other Details In Connection With The Series 2022 Bonds And The Payment Thereof; And Ratifying Prior Action Taken In Connection Therewith (Davis, by request)
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AUTHORIZING THE ISSUANCE AND SALE OF (I) CITY OF ALBUQUERQUE, NEW MEXICO GENERAL OBLIGATION BONDS IN THREE SERIES IN A COLLECTIVE PAR AMOUNT NOT TO EXCEED $105,700,000, CONSISTING OF $76,395,000 GENERAL PURPOSE GENERAL OBLIGATION BON...