NOTICE OF ADOPTION OF ORDINANCE NO. 720
STATE OF NEW MEXICO, COUNTY OF LOS ALAMOS
Notice is hereby given that the following Ordinance No. 720, was duly adopted and approved by the County Council of the Incorporated County of Los Alamos, State of New Mexico, on July 26, 2022. The full copy is available for inspection or purchase in the County Clerk’s Office: 1000 Central Avenue, Suite 240, during regular bsiness hours.
INCORPORATED COUNTY OF LOS ALAMOS ORDINANCE NO. 720
AN ORDINANCE AUTHORIZING THE INCORPORATED COUNTY OF LOS ALAMOS (“BORROWER”) TO ENTER INTO A LOAN AGREEMENT WITH THE NEW MEXICO ENVIRONMENT DEPARTMENT (“NMED”) FOR THE PURPOSE OF OBTAINING PROJECT LOAN FUNDS IN THE PRINCIPAL AMOUNT OF UP TO $25,000,000 PLUS ACCRUED INTEREST; DESIGNATING THE USE OF THE FUNDS FOR THE PURPOSE DEFINED IN THE MOST CURRENT PROJECT DESCRIPTION FORM AS APPROVED BY NMED; DECLARING THE NECESSITY FOR THE LOAN; PROVIDING THAT THE LOAN WILL BE PAYABLE AND COLLECTIBLE SOLELY FROM THE BORROWER’S PLEDGED REVENUES DEFINED BELOW; PRESCRIBING OTHER DETAILS CONCERNING THE LOAN AND THE SECURITY FOR THAT PURPOSE
ADOPTED this 26th day of July 2022
Council of the Incorporated County of Los Alamos
By: /s/ Randall T. Ryti, Council Chair
Attest: /s/ Naomi D. Maestas, County Clerk
PUBLISHED IN THE LOS ALAMOS DAILY POST THURSDAY JULY 28, 2022
