CITY of ALBUQUERQUE
TWENTY-FIFTH COUNCIL
COUNCIL BILL NO. O-22-5
ENACTMENT NO. O-2022-005
SPONSORED BY: Isaac Benton by request
ORDINANCE
AUTHORIZING THE ISSUANCE AND SALE OF THE CITY OF ALBUQUERQUE, NEW MEXICO TAXABLE INDUSTRIAL REVENUE BONDS, SERIES 2022 IN TWO SERIES IN THE MAXIMUM AGGREGATE PRINCIPAL AMOUNT OF $5,000,000 DESIGNATED AS (I) THE CITY OF ALBUQUERQUE, NEW MEXICO TAXABLE INDUSTRIAL REVENUE BONDS (HERITAGE DEFENDER PROJECT), SERIES 2022A, AND (II) THE CITY OF ALBUQUERQUE, NEW MEXICO TAXABLE INDUSTRIAL REVENUE BONDS (AGENDA PROJECT), SERIES 2022B, ISSUED COLLECTIVELY TO PROVIDE FUNDS TO (I) FINANCE THE ACQUISITION, CONSTRUCTION, IMPROVEMENT AND EQUIPPING OF A FABRICATION, LIGHT MANUFACTURING AND AUTOMOTIVE RESTORATION FACILITY FOR THE BENEFIT OF HERITAGE DEFENDER, LLC, AND (II) FINANCE THE ACQUISITION, RENOVATION, IMPROVEMENT AND EQUIPPING OF A MIXED USE FACILITY FOR PUBLIC RELATIONS AND OTHER SERVICES FOR THE BENEFIT OF AGENDA, LLC; AUTHORIZING THE EXECUTION AND DELIVERY OF AN INDENTURE, LEASE AGREEMENT, BOND PURCHASE AGREEMENT, BONDS, AND OTHER DOCUMENTS IN CONNECTION WITH THE ISSUANCE OF EACH SERIES OF BONDS; MAKING CERTAIN DETERMINATIONS AND FINDINGS RELATING TO EACH SERIES OF BONDS AND THE PROJECT; RATIFYING CERTAIN ACTIONS TAKEN PREVIOUSLY; AND REPEALING ALL ACTIONS INCONSISTENT WITH THIS ORDINANCE.
HCS Pub. February 25, 2022
