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Notice of Publication Council Bill No. O-23-94, Council Bill No. R-23-191

City of Albuquerque Twenty-Fifth Council
December 22, 2023

Council Bill No. O-23-94

Enactment No. O-2023-035

Sponsored By: Councilor Grout

ORDINANCE

APPROVING A PROJECT INVOLVING ARRAY TECHNOLOGIES, INC. 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, CONSTRUCTION AND IMPROVEMENT OF A MANUFACTURING FACILITY TO MANUFACTURE UTILITY SCALE SOLAR TRACKER TECHNOLOGY AND RELATED PRODUCTS; AUTHORIZING THE EXECUTION OF AN INTERGOVERNMENTAL AGREEMENT 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.

 

Council Bill No. R-23-191

Enactment No. R-2023-107

Sponsored By: Councilor Davis

RESOLUTION

RELATING TO THE REDEVELOPMENT, LEASING AND SALE OF A METROPOLITAN REDEVELOPMENT PROJECT WITHIN THE CENTRAL/HIGHLAND/UPPER NOB HILL METROPOLITAN REDEVELOPMENT AREA CONSISTENT WITH THE TERMS OF THE CENTRAL/HIGHLAND/UPPER NOB HILL METROPOLITAN REDEVELOPMENT PLAN; APPROVING THE METROPOLITAN REDEVELOPMENT APPLICATION ENTITLED "THE SIXTY-SIX REDEVELOPMENT TAX ABATEMENT APPLICATION"; AUTHORIZING THE ACQUISITION OF LAND AND EXISTING IMPROVEMENTS AND CONSTRUCTION OF A BUILDING WITHIN THE CENTRAL/HIGHLAND/UPPER NOB HILL METROPOLITAN REDEVELOPMENT AREA; AUTHORIZING THE DISPOSITION BY LEASE AND SALE OF THE CITY'S INTEREST IN SUCH PROJECT TO FUNDERO DEVELOPMENT, INC., ITS SUCCESSORS AND ASSIGNS; AUTHORIZING THE EXECUTION AND DELIVERY OF A LEASE AGREEMENT, IN FORM, AND OTHER DOCUMENTS IN CONNECTION WITH THE PROJECT; MAKING CERTAIN DETERMINATIONS AND FINDINGS RELATING TO THE PROJECT; RATIFYING CERTAIN ACTIONS TAKEN PREVIOUSLY; AND REPEALING ALL ACTIONS INCONSISTENT WITH THIS RESOLUTION.