NOTICE OF MEETING AND PUBLIC HEARING
NEW MEXICO MUNICIPAL ENERGY ACQUISITION AUTHORITY
NOTICE IS HEREBY GIVEN that a public meeting of the Board of Directors of the New Mexico Municipal Energy Acquisition Authority will be held at the offices of Modrall, Sperling, Roehl, Harris & Sisk, 500 4th St. NW, Suite 1000, Albuquerque, New Mexico on January 23, 2024 at Noon. The meeting will be open to the public.
At the meeting the Board of Directors will consider whether to adopt an ordinance, the title and general summary of which follows below:
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 SHALL 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.
An agenda for the meeting and a copy of the proposed ordinance may be obtained 72 hours prior to the meeting, upon request to Ian W. Bearden of Modrall, Sperling, Roehl, Harris & Sisk at iwb@modrall.com, or Brandon Hill, Treasurer of New Mexico Municipal Energy Acquisition Authority, at bhill@farmingtonnm.gov.
If you are an individual with a disability who is in need of a reader, amplifier, qualified sign language interpreter, or any other form of auxiliary aid or service to attend or participate in the hearing or meeting, please contact the New Mexico Municipal Energy Acquisition Authority c/o Ian W. Bearden, Modrall, Sperling, Roehl, Harris & Sisk, 500 4th St. NW, Suite 1000, Albuquerque, New Mexico, (505) 848-1800 at least one week prior to the meeting or as soon as possible. The agenda can be provided in various accessible formats. Please contact the New Mexico Municipal Energy Acquisition Authority c/o Ian W. Bearden, Modrall, Sperling, Roehl, Harris & Sisk, 500 4th St. NW, Suite 1000, Albuquerque, New Mexico, (505) 848-1800 if a summary or other type of accessible format is needed.
PUBLISHED IN THE LOS ALAMOS DAILY POST WEDNESDAY, JANUARY 8, 2025