NOTICE OF INTENT TO ADOPT ORDINANCE
Notice is hereby given of the title and general subject matter contained in an ordinance which the Board of County Commissioners of Sandoval County, New Mexico, the governing body of the County, intends to adopt at a regular meeting on February 22, 2023 at the hour of 6:00 p.m.
All meetings will take place in the Administrative Building Commission Chambers located at 1500 Idalia Road, Building D – 3rd Floor, Bernalillo, NM 87004 unless otherwise stated. Public documents, including the agenda and minutes, are available through the County’s website and can be provided in various accessible formats. Please contact the County Manager’s Office, (505) 867-7538, if a summary or other type of accessible format is needed.
The title (subject to amendment or substitution) of the Ordinance is:
ORDINANCE NO. 2-22-23.__
AN ORDINANCE AUTHORIZING THE ISSUANCE AND SALE OF GENERAL OBLIGATION BONDS, IN ONE SERIES OR MORE, IN AN AGGREGATE PRINCIPAL AMOUNT NOT EXCEEDING $1,885,000, FOR THE PURPOSE OF PLANNING, DESIGNING, UPGRADING, CONSTRUCTING, REMODELING, FURNISHING, EQUIPPING, REPAIRING AND OTHERWISE IMPROVING LIBRARY FACILITIES WITHIN SANDOVAL COUNTY, NEW MEXICO, AND PURCHASING BOOKS AND OTHER LIBRARY RESOURCES FOR LIBRARIES WITHIN SANDOVAL COUNTY, NEW MEXICO; ESTABLISHING PROCEDURES FOR THE SALE AND DELIVERY OF THE BONDS, INCLUDING EXECUTION AND DELIVERY OF A BOND PURCHASE AGREEMENT AND OTHER DOCUMENTS BETWEEN SANDOVAL COUNTY, NEW MEXICO AND THE NEW MEXICO FINANCE AUTHORITY; DELEGATING AUTHORITY FOR SELLING AND DELIVERING THE BONDS AND SETTING DATES, PRICE, INTEREST RATES, INTEREST PERIODS, MATURITIES, REDEMPTION PROVISIONS, AND OTHER PROCEDURES; RATIFYING ACTIONS HERETOFORE TAKEN; REPEALING ALL ACTION INCONSISTENT WITH THIS ORDINANCE; AND AUTHORIZING OTHER MATTERS RELATED TO THE ISSUANCE OF THE BONDS.
A general summary of the Ordinance is contained in its title. Complete copies of the proposed Ordinance will be on file and available for inspection at the offices of the County Clerk during regular business hours.
Dated this 26th day of January 2023, COUNTY OF SANDOVAL, NEW MEXICO.
Observer: January 26, 2023