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Notice of Publication Council Bill No. O-24-20

City of Albuquerque Twenty Sixth Council
June 06, 2024

Council Bill No. O-24-20

Enactment No. O-2024-014

Sponsored By: Klarissa J. Peña


Authorizing the issuance and sale of the City of Albuquerque, New Mexico short-term lodgers’ tax improvement revenue bonds, taxable series 2024 in an aggregate principal amount not to exceed $1,000,000 for the purpose of studying, designing, developing, constructing, reconstructing, rehabilitating, renovating, modernizing, signing, enhancing and otherwise improving tourist-related facilities and attractions, specifically for isotopes stadium located within the city; providing for the payment of the series 2024 bonds from lodgers’ tax revenues; providing for the collection of certain lodgers’ tax revenues; approving the delegation of authority to make certain determinations regarding the sale of the series 2024 bonds pursuant to the supplemental public securities act; providing for the terms and other details concerning the series 2024 bonds; providing for certain documents pertaining to the series 2024 bonds; ratifying action previously taken; repealing all actions inconsistent with this ordinance;  authorizing the taking of other actions in connection with the issue and sale of the series 2024 bonds.