Table of Economic Development Ordinances

Ord. No.

Date Passed

Description

95-012

4-26-95

Adoption of an economic development plan for Unit 13 Plan Area and the Loma Colorado Tract.

95-019

7-12-95

Economic development plan adopted pursuant to the Local Economic Development Act, establishing criteria for submission and evaluation of economic development projects, and identifying the Unit 13/Loma Colorado Area as appropriate for economic development projects.

05-04

1-26-05

Adopting a local economic development plan and establishing criteria for qualifying entities to participate in local economic development projects as established by the city of Rio Rancho.

06-44

1-28-06

Approving the Lionsgate Entertainment Film Studio local economic development project.

08-77

8-13-08

Adoption of an economic development plan and establishing criteria for qualifying entities to participate in local economic development projects as established by the city; repealing Ord. No. 05-04.

08-96

12-17-08

Approval of the proposed Hewlett Packard Company local economic development project.

10-13

4-28-10

Approval of the proposed Green2V Corporation local economic development project.

11-01

1-12-11

Repealing the Green2V Corporation (Green2V) Local Economic Development Act (LEDA) ordinance.

12-32

11-28-12

Approving the proposed Stolar Research Corporation local economic development project.

15-16

8-26-15

Approving the proposed Convergys Corporation local economic development project.

16-23

7-27-16

Approving the proposed PCM, Inc. local economic development project.

16-24

7-27-16

Approving the proposed Safelite Solutions local economic development project.

16-25

9-28-16

Amending and restating Ordinance No. 15, Enactment No. 98-017, which authorized the issuance and sale of the city of Rio Rancho, New Mexico taxable industrial revenue bonds (Sprint PCS Project), Series 1998A (the "1998A Bond"); authorizing the execution and delivery of an amended and restated Series A indenture and an amended and restated Series A lease and purchase agreement with a final term not to exceed July 1, 2028, each executed and delivered in connection with the 1998A bonds, an amended and restated 1998A bond in a maximum principal amount of $16,000,000, and an amended and restated bond purchase agreement; making certain determinations and findings relating to foregoing and the project financed thereby; ratifying certain actions taken previously; and repealing all actions inconsistent with this ordinance.

19-09

1-23-19

Termination of LEDA Ordinance No. 027 Enactment 16-23, “PCM, Inc. Local Economic Development Project”; dissolving associated project.

21-01

1-5-21

Approving the Nature’s Toolbox local economic development project.

21-13

4-22-21

Amending and restating Ordinance No. 15, Enactment No. 13-16, which authorized the issuance and sale of the city of Rio Rancho, New Mexico taxable industrial revenue bonds (Innovation Partners, LLC/Stolar Research Project), Series 2013 (the “original bond”); authorizing the execution and delivery of an amended and restated indenture and an amended and restated lease and installment sale agreement with a final term not to exceed November 1, 2043, each executed and delivered in connection with an amended and restated original bond in a maximum principal amount of $376,276, making certain determinations and findings relating to foregoing and the project financed thereby.

21-22

6-24-21

Amending Ordinance No. 70, Enactment No. 08-77, adopting a local economic development plan and established criteria for qualifying entities to participate in local economic development projects as established by the city of Rio Rancho.

21-33

10-14-21

Adopting a local economic development plan and establishing criteria for qualifying entities to participate in local economic development projects as established by the City of Rio Rancho; repealing Ordinance No. 70, Enactment No. 08-77; and repealing Ordinance No. 20, Enactment No. 21-22.