Title
Introduction of Incorporated County of Los Alamos Ordinance No. 750; An Ordinance Authorizing The Issuance Of The Incorporated County Of Los Alamos, New Mexico Gross Receipts Tax Improvement Revenue Bonds, Series 2026 (The “ Bonds”), In The Principal Amount Not To Exceed $40,000,000 For The Purpose Of Acquiring, Extending, Enlarging, Bettering, Repairing And Otherwise Improving A Broadband Communications System And Other Public Buildings, Facilities And Infrastructure; Providing That The Bonds Will Be Payable And Collectible From Certain Gross Receipts Tax Revenues Distributed To The County; Providing For The Disposition Of The Receipts Derived From Certain Gross Receipts Tax Revenues; Delegating Authority To The County Council Chair And County Manager To Approve Certain Terms And Details Of The Bonds At The Time The Bonds Are Priced; Prescribing Other Details Concerning The Bonds And Gross Receipts Tax Revenues, Including But Not Limited To Covenants And Agreements In Connection With The Bonds And The Form And Manner Of Execution Of The Bonds; Authorizing The Preparation Of A Preliminary Official Statement And The Form Of A Final Official Statement For The Marketing Of The Bonds; Authorizing The Execution And Delivery Of A Bond Purchase Agreement If The Bonds Are Sold In A Negotiated Sale, And Other Agreements And Certificates In Connection With The Bonds; Ratifying Action Previously Taken In Connection With The Bonds; And Repealing All Ordinances In Conflict Herewith
Recommended Action
I introduce, without prejudice, Incorporated County of Los Alamos Ordinance No. 750 an ordinance authorizing the issuance of the Incorporated County of Los Alamos New Mexico Gross Receipts Tax Improvement Revenue Bonds, Series 2026 in the principal amount not to exceed $40,000,000 for the purpose of acquiring, extending, enlarging, bettering, repairing, and otherwise improving a Broadband Communications System and other public buildings, facilities and infrastructure; prov...
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