CITY of ALBUQUERQUE
TWENTY-FOURTH COUNCIL
COUNCIL BILL
NO. F/S O-21-85
ENACTMENT NO. O-2022-002
SPONSORED BY: Brook Bassan, by request
ORDINANCE
AUTHORIZING THE ISSUANCE AND SALE OF THE CITY OF ALBUQUERQUE, NEW MEXICO TAX EXEMPT INDUSTRIAL REVENUE BONDS (HOPE CHRISTIAN SCHOOLS, INC. PROJECT), SERIES 2022 IN THE MAXIMUM PRINCIPAL AMOUNT OF $8,500,000 TO (i) REFINANCE THE ACQUISITION, CONSTRUCTION, IMPROVEMENT AND EQUIPPING OF AN EDUCATIONAL FACILITY (ii) FUND ANY REQUIRED RESERVE FUNDS, AND (iii) PAY EXPENSES RELATED TO ISSUANCE OF THE BONDS; AUTHORIZING THE EXECUTION AND DELIVERY OF A FINANCING AGREEMENT, BONDS, AND OTHER DOCUMENTS IN CONNECTION WITH THE ISSUANCE OF THE BONDS AND THE PROJECT; MAKING CERTAIN DETERMINATIONS AND FINDINGS RELATING TO THE BONDS AND THE PROJECT; RATIFYING CERTAIN ACTIONS TAKEN PREVIOUSLY; AND REPEALING ALL ACTIONS INCONSISTENT WITH THIS ORDINANCE.
HCS Pub. January 7, 2022
