CITY of ALBUQUERQUE
TWENTY-FIFTH COUNCIL
COUNCIL BILL NO. O-22-58
ENACTMENT NO. O-2023-002
SPONSORED BY: Pat Davis by request
ORDINANCE
APPROVING A PROJECT INVOLVING UNIVERSAL HYDROGEN CO. PURSUANT TO THE LOCAL ECONOMIC DEVELOPMENT ACT AND CITY ORDINANCE F/S O-04-10, THE CITY’S IMPLEMENTING LEGISLATION FOR THAT ACT, TO SUPPORT THE ACQUISITION, RENOVATION, AND CONSTRUCTION OF A MANUFACTURING FACILITY IN ALBUQUERQUE, NEW MEXICO TO MANUFACTURE MODULAR FUELING CAPSULES AND ASSEMBLE HYDROGEN FUEL CELL-BASED POWERTRAINS FOR GLOBAL DISTRIBUTION TO AIRLINES; AUTHORIZING THE EXECUTION OF A PROJECT PARTICIPATION AGREEMENT AND OTHER DOCUMENTS IN CONNECTION WITH THE PROJECT; MAKING CERTAIN DETERMINATIONS AND FINDINGS RELATING TO THE PROJECT INCLUDING THE APPROPRIATION OF FUNDS; RATIFYING CERTAIN ACTIONS TAKEN PREVIOUSLY; AND REPEALING ALL ACTIONS INCONSISTENT WITH THIS ORDINANCE.
HCS Pub. January 27, 2023
