NOTICE OF ADOPTION OF ORDINANCE
NEW MEXICO MUNICIPAL ENERGY ACQUISITION AUTHORITY
Notice is hereby given of the title and of a general summary of the subject matter contained in an Ordinance, duly adopted and approved by the New Mexico Municipal Energy Acquisition Authority (“NMMEAA”) on January 23, 2025. Complete copies of the Ordinance are available for public inspection during the normal and regular business hours of Modrall, Sperling, Roehl, Harris & Sisk, P.A., bond counsel to the Authority, at 500 Fourth Street N.W., Suite 1000, Albuquerque. New Mexico, and from the Treasurer of the Authority at the Office of the City Clerk, 800 Municipal Drive, Farmington, New Mexico.
The Title of the Ordinance is:
ORDINANCE NO. 2025-01
AN ORDINANCE OF THE NEW MEXICO MUNICIPAL ENERGY ACQUISITION AUTHORITY (THE “AUTHORITY”) SUPPLEMENTING ORDINANCE NO. 2024-01 AUTHORIZING THE ISSUANCE AND SALE OF ITS GAS SUPPLY REFUNDING REVENUE BONDS, SERIES 2025 (THE “SERIES 2025 BONDS”) IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $895,000,000 TO PROVIDE THAT, IN ADDITION TO THE REFUNDING OF THE AUTHORITY’S OUTSTANDING SERIES 2019 BONDS AND OTHER PURPOSES OF THE SERIES 2025 BONDS AUTHORIZED IN ORDINANCE NO. 2024-01, PROCEEDS OF THE SERIES 2025 BONDS MAY BE UTILIZED TO FINANCE THE ACQUISITION OF ADDITONAL NATURAL GAS VOLUMES BY THE AUTHORITY PURSUANT TO THE PREPAID NATURAL GAS SUPPLY AGREEMENT BY AND BETWEEN THE AUTHORITY AND ROYAL BANK OF CANADA; APPROVING CORRESPONDING REVISIONS, TO THE EXTENT NECESSARY, OF THE FORMS OF THE AMENDED AND RESTATED TRUST INDENTURE, THE GAS SUPPLY AGREEMENTS BETWEEN THE AUTHORITY AND THE LAS CRUCES UTILITY BOARD ON BEHALF OF THE CITY OF LAS CRUCES, THE CITY OF FARMINGTON AND THE INCORPORATED COUNTY OF LOS ALAMOS, NEW MEXICO (EACH A “GAS PURCHASER”), THE PREPAID GAS AGREEMENT, BOND PURCHASE AGREEMENT, THE CONTINUING DISCLOSURE AGREEMENT, PRELIMINARY OFFICIAL STATEMENT AND OTHER AGREEMENTS AND INSTRUMENTS APPROVED IN ORDINANCE NO. 2024-01; PROVIDING THAT THE DELEGATION OF AUTHORITY TO THE CHAIR, VICE CHAIR, AND TREASURER OF THE AUTHORITY IN ORDINANCE NO. 2024-01 TO AUTHORIZED OFFICERS TO DETERMINE THE FINAL TERMS OF THE BONDS AND FEATURES OF THE TRANSACTION DOCUMENTS PURSUANT TO A PRICING CERTIFICATE SHALL BE APPLICABLE TO THE SERIES 2025 BONDS AS SUPPLEMENTED HEREBY; AND AUTHORIZING AND RATIFYING THE TAKING OF ALL OTHER ACTIONS NECESSARY TO THE CONSUMMATION OF THE TRANSACTIONS CONTEMPLATED BY ORDINANCE NO. 2024-01 AS SUPPLEMENTED BY THIS ORDINANCE AND THE ISSUANCE OF THE SERIES 2025 BONDS.
A general summary of the subject matter of the Ordinance is contained in its title. This Notice constitutes compliance with Section 6-14-6 NMSA 1978.
PUBLISHED IN THE LOS ALAMOS DAILY POST THURSDAY JANUARY 30, 2025