Ordinance O-2025-008AUTHORIZING THE ISSUANCE AND SALE OF THE CITY OF ALBUQUERQUE, NEW MEXICO TAXABLE INDUSTRIAL REVENUE BOND (UNITED ATHLETIC CLUB PROJECT), SERIES 2025 IN THE MAXIMUM PRINCIPAL AMOUNT OF $30,000,000 TO PROVIDE FUNDS TO ACQUIRE, CONSTRUCT, IMPROVE AND EQUIP A MULTI-USE ENTERTAINMENT VENUE/STADIUM FOR SOCCER, OTHER SPORTS AND NON-SPORTING EVENTS; 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.https://beta.cabq.gov/clerk/documents/o-2025-008.pdf/viewhttps://beta.cabq.gov/++resource++plone-logo.svgOrdinance O-2025-008AUTHORIZING THE ISSUANCE AND SALE OF THE CITY OF ALBUQUERQUE, NEW MEXICO TAXABLE INDUSTRIAL REVENUE BOND (UNITED ATHLETIC CLUB PROJECT), SERIES 2025 IN THE MAXIMUM PRINCIPAL AMOUNT OF $30,000,000 TO PROVIDE FUNDS TO ACQUIRE, CONSTRUCT, IMPROVE AND EQUIP A MULTI-USE ENTERTAINMENT VENUE/STADIUM FOR SOCCER, OTHER SPORTS AND NON-SPORTING EVENTS; 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.https://beta.cabq.gov/clerk/documents/o-2025-008.pdf/viewhttps://beta.cabq.gov/++resource++plone-logo.svg
Ordinance O-2025-008
AUTHORIZING THE ISSUANCE AND SALE OF THE CITY OF ALBUQUERQUE, NEW MEXICO TAXABLE INDUSTRIAL REVENUE BOND (UNITED ATHLETIC CLUB PROJECT), SERIES 2025 IN THE MAXIMUM PRINCIPAL AMOUNT OF $30,000,000 TO PROVIDE FUNDS TO ACQUIRE, CONSTRUCT, IMPROVE AND EQUIP A MULTI-USE ENTERTAINMENT VENUE/STADIUM FOR SOCCER, OTHER SPORTS AND NON-SPORTING EVENTS; 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.
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