COUNCIL BILL NO. F/S O-19-91

By on February 13, 2020

CITY of ALBUQUERQUE
TWENTY THIRD COUNCIL
COUNCIL BILL NO.
F/S O-19-91
ENACTMENT NO. O-2020-004
SPONSORED BY: Pat Davis, by request
ORDINANCE
CITY OF ALBUQUERQUE, NEW MEXICO
NOTICE OF ADOPTION OF ORDINANCE
Notice is hereby given of the title and of a general summary of the subject matter contained in City Ordinance No. F/S O-29-91 (the “Ordinance”), duly adopted and approved by the City Council of the City of Albuquerque, New Mexico, on January 22, 2020. Complete copies of the Ordinance are available for public inspection during the normal and regular business hours of the City Clerk in the office of the City Clerk, Albuquerque/Bernalillo County Government Center, One Civic Plaza, N.W., Albuquerque, New Mexico.
The title of the Ordinance is:
AUTHORIZING THE ISSUANCE AND SALE OF THE CITY OF ALBUQUERQUE, NEW MEXICO TAXABLE INDUSTRIAL REVENUE BOND (KAIROS POWER PROJECT) SERIES 2020 IN THE MAXIMUM PRINCIPAL AMOUNT OF $125,000,000 TO PROVIDE FUNDS TO FINANCE THE ACQUISITION, RENOVATION, DEVELOPMENT, IMPROVEMENT AND EQUIPPING OF A FACILITY FOR AN ADVANCED ENERGY TECHNOLOGY RESEARCH AND DEVELOPMENT COMPANY; AUTHORIZING THE EXECUTION AND DELIVERY OF AN INDENTURE, LEASE AGREEMENT, BOND PURCHASE AGREEMENT, BOND, AND OTHER DOCUMENTS IN CONNECTION WITH THE ISSUANCE OF THE BOND AND THE PROJECT; MAKING CERTAIN DETERMINATIONS AND FINDINGS RELATING TO THE BOND AND THE PROJECT; RATIFYING CERTAIN ACTIONS TAKEN PREVIOUSLY; AND REPEALING ALL ACTIONS INCONSISTENT WITH THIS ORDINANCE.
HCS Pub. February 14, 2020

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