Ordinances

Ordinance No:

Title

2016-1290(PDF) Amending Section 23-2-7 of the Farmington City Code establishing residential and commercial charges for sanitation service
2016-1291(PDF) Authorizing and providing for the issuance by the City of Farmington, New Mexico of its revenue bonds designated “Pollution Control Revenue Refunding Bonds, 2016 Series A (Public Service Company of New Mexico San Juan and Four Corners Project)” to be issued in an aggregate principal amount of $46,000,000 to be issued pursuant to the provisions of the Pollution Control Revenue Bond Act, Chapter 397, Laws of 1973 of the State of New Mexico, 31st Legislature, 1st Session, as amended for the purpose of refunding outstanding revenue bonds issued under such Act to refund previously issued revenue bonds under such Act to refund previously issued revenue bonds under such Act to finance a portion of the costs to Public Service Company of New Mexico Public Service Company of New Mexico (the “Company”), a corporation organized and existing under the laws of the State of New Mexico (the “State”) of (i) acquiring, constructing, and installing certain air and water pollution control systems and facilities (the “San Juan Facilities”) relating to Unit 3 at the San Juan Generating Station (the “San Juan Plant”) located in San Juan County, New Mexico, interests in which are owned by the Company and (ii) acquiring, constructing, reconstructing, improving, maintaining, equipping or furnishing certain air and water pollution control facilities (the “Four Corners Facilities”, and together with the San Juan Facilities, the “Facilities”) relating to Units 4 and 5 at the Four Corners Generating Station (the “Four Corners Plant”, and together with the San Juan Plant, the “Plants”) an electric power generating plant located in San Juan County, New Mexico, interests in which are owned by the Company, said revenue bonds to be payable by the City solely from the revenues payable to the City by Public Service Company of New Mexico pursuant to certain Installment Sale Agreements dated as of September 1, 2016 between the City, as Vendor, and Public Service Company of New Mexico, as Vendee, and certain other moneys pledged therefor hereunder, said revenue bonds never to constitute an indebtedness of the City within the meaning of any State constitutional provision or statutory limitation, and never to constitute or give rise to any pecuniary liability of the City or a charge against its general credit or taxing powers and declaring that emergency circumstances exist with respect thereto
2016-1292(PDF) Authorizing and providing for the issuance by the City of Farmington, New Mexico of its revenue bonds designated “Pollution Control Revenue Refunding Bonds, 2016 Series B (Public Service Company of New Mexico San Juan and Four Corners Projects)” to be issued in an aggregate principal amount of $100,000,000 to be issued pursuant to the provisions of the Pollution Control Revenue Bond Act, Chapter 397, Laws of 1973 of the State of New Mexico, 31st Legislature, 1st Session, as amended for the purpose of refunding outstanding revenue bonds issued under such Act to refund previously issued revenue bonds under such Act to refund previously issued revenue bonds under such Act to refund previously issued revenue bonds under such Act to finance the cost to Public Service Company of New Mexico (the “Company”) a corporation organized and existing under the laws of the State of New Mexico (the “State”) of (i) certain facilities (the “San Juan Facilities”) for the abatement, control, reduction or prevention of air and water pollution caused by the operation of Units 1, 2, 3 and 4 (“Units 1, 2, 3 and 4”) at the San Juan Generating Station (the “San Juan Plant”) located in San Juan County, New Mexico, interests in which are owned by the Company and (ii) certain facilities (the “Four Corners Facilities” and together with the San Juan Facilities, the “Facilities”) for the abatement, control, reduction or prevention of air and water pollution caused by the operation of Units 4 and 5 (“Units 4 and 5”) at the Four Corners Generating Station, (the “Four Corners Plant”, and together with the San Juan Plant, the “Plants”), an electric power generating plant located in San Juan County, New Mexico, interests in which are owned by the Company, said revenue bonds to be payable by the City solely from the revenues payable to the City by the Company pursuant to a certain Installment Sale Agreement between the City, as Vendor, and the Company, as Vendee, and certain other moneys pledged therefor hereunder, said revenue bonds never to constitute an indebtedness of the City within the meaning of any State constitutional provision or statutory limitation, and never to constitute or give rise to any pecuniary liability of the City or a charge against its general credit or taxing powers and declaring that emergency circumstances exist with respect thereto
2016-1293(PDF) Revising certain sections of the Farmington City Code providing for clarification and additions to provisions in Chapter 8, Article 13 dealing with food catering/vending wagons and trucks
2016-1294(PDF) Authorizing the issuance, sale and delivery of the City of Farmington, New Mexico Gross Receipts Tax Civic Center Improvement Revenue Bonds, Series 2016 in an aggregate principal amount not to exceed $12,500,000 for the purpose of defraying the cost of designing, constructing, installing, equipping and improving Civic Center facilities owned by the City; providing that the bonds will be payable from State shared gross receipts tax revenues distributed to the City pursuant to Section 7-1-6.4 NMSA 1978, hold harmless gross receipts tax revenues distributed to the City pursuant to Section 7-1-6.12 NMSA 1978, and Convention Center fee revenues collected by the City pursuant to Sections 5-13-1 through 5-13-15 NMSA 1978 and City Ordinance No. 2014-1272; providing that the maturity dates, principal amounts, interest rates, redemption provisions and other details of the bonds will be established in a supplemental resolution; providing for the execution of the bonds and other documents and agreements relating to the bonds by authorized officers of the City; ratifying action previously taken in connection therewith; and repealing all ordinances in conflict herewith
2016-1295(PDF) Providing for the issuance of the City of Farmington, New Mexico Taxable Direct Payment Qualified Energy Conservation Bonds Series 2016A in the aggregate principal amount of $4,743,999 to acquire, install, retrofit and replace energy conservation measures in municipal facilities owned by the City and to pay costs of issuance of the Series 2016A Bonds; providing that the Series 2016A Bonds will be payable from State-shared gross receipts tax revenues distributed to the City pursuant to Section 7-1-6.4 NMSA 1978, and Federal subsidy payments from the United States Treasury; providing the form, terms and conditions of the Series 2016A Bonds, the method of paying the Series 2016A Bonds and the security therefore; prescribing other details concerning the pledged revenues; ratifying action previously taken in connection therewith; and repealing all ordinances in conflict herewith