CITY of ALBUQUERQUE
TWENTY-FOURTH COUNCIL
COUNCIL BILL NO.
F/S O-21-58
ENACTMENT NO. O-2021-009
SPONSORED BY: Brook Bassan, by request
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. O-21-58 (the “Ordinance”), duly adopted and approved by the City Council of the City of Albuquerque, New Mexico, on April 19, 2021. 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 INDUSTRIAL REVENUE BOND (AFFORDABLE SOLAR PROJECT) SERIES 2021 IN THE MAXIMUM PRINCIPAL AMOUNT OF $7,578,000 TO PROVIDE FUNDS TO FINANCE THE ACQUISITION, RENOVATION, DEVELOPMENT, IMPROVEMENT AND EQUIPPING OF A FACILITY FOR A RENEWABLE ENERGY PRODUCTION AND STORAGE 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. May 14, 2021
