CITY of ALBUQUERQUE
TWENTY-THIRD COUNCIL
COUNCIL BILL NO.
F/S O-18-42
ENACTMENT NO. O-2018-031
SPONSORED BY: Sanchez, by request
ORDINANCE
AUTHORIZING THE ISSUE AND SALE OF $1,569,000 CITY OF ALBUQUERQUE, NEW MEXICO SHORT-TERM LODGERS’ TAX IMPROVEMENT REVENUE BONDS, TAXABLE SERIES 2018 FOR THE PURPOSE OF DESIGNING, DEVELOPING, CONSTRUCTING, RECONSTRUCTING, REHABILITATING, RENOVATING, MODERNIZING, ENHANCING AND OTHERWISE IMPROVING (I) THE CITY’S CIVIC PLAZA, AND (II) ISOTOPES PARK; PROVIDING FOR THE PAYMENT OF THE SERIES 2018 BONDS FROM CERTAIN LODGERS’ TAX REVENUES; PROVIDING FOR THE COLLECTION OF CERTAIN LODGERS’ TAXES; PROVIDING FOR THE TERMS AND OTHER DETAILS CONCERNING THE SERIES 2018 BONDS; PROVIDING FOR CERTAIN DOCUMENTS PERTAINING TO THE SERIES 2018 BONDS; AUTHORIZING THE SALE OF THE SERIES 2018 BONDS TO THE STATE OF NEW MEXICO; PRESCRIBING OTHER DETAILS IN CONNECTION WITH THE SERIES 2018 BONDS AND THE PAYMENT THEREOF; AND RATIFYING PRIOR ACTION TAKEN IN CONNECTION THEREWITH.
HCS Pub. December 7, 2018
