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Notice of Publication Council Bill No. O-25-97
One Albuquerque logo in yellow for City Clerk

Notice of Publication Council Bill No. O-25-97

City of Albuquerque Twenty Sixth Council

September 30, 2025

Council Bill No. O-25-97

Enactment No. O-2025-028

Sponsored By: Nichole Rogers

 

ORDINANCE

AUTHORIZING THE ISSUANCE AND SALE OF THE CITY OF ALBUQUERQUE, NEW MEXICO TAXABLE INDUSTRIAL REVENUE BOND (PACIFIC FUSION PROJECT), SERIES 2025 IN THE MAXIMUM PRINCIPAL AMOUNT OF $776,600,000 TO PROVIDE FUNDS FOR THE ACQUISITION, CONSTRUCTION, EQUIPPING AND IMPROVEMENT OF A FACILITY FOR THE COMMERCIALIZATION OF FUSION ENERGY PRODUCTION; AUTHORIZING THE EXECUTION AND DELIVERY OF AN INDENTURE, LEASE AGREEMENT, BOND PURCHASE AGREEMENT, BOND, AND OTHER DOCUMENTS IN CONNECTION WITH THE ISSUANCE OF THE BOND AND THE PROJECT; MAKING CERTAIN DETERMINATIONS AND FINDINGS RELATING TO THE BOND AND THE PROJECT; RATIFYING CERTAIN ACTIONS TAKEN PREVIOUSLY; AND REPEALING ALL ACTIONS INCONSISTENT WITH THIS ORDINANCE.