City of Socorro, New
Notice of Meeting, Public Hearing
and Intent to Adopt
The City of Socorro, New Mexico, hereby gives notice of a regular City Council meeting for Monday, April 19, 2021, at 12:00 p.m., at the City Hall, 111 School of Mines Road, NW, Socorro, New Mexico. At such meeting, the City Council will hold a public hearing concerning and will consider for adoption the ordinance described below. Complete copies of the proposed ordinance are available for public inspection during the normal and regular business hours of the City Clerk, 111 School of Mines Road, NW, Socorro, New Mexico.
The title of the Ordinance is:
RELATING TO A BOND ANTICIPATION NOTE/LOAN AGREEMENT BY AND BETWEEN THE CITY OF SOCORRO, NEW MEXICO AND THE RURAL COMMUNITY ASSISTANCE CORPORATION RELATED TO IMPROVEMENTS TO THE CITY’S WASTEWATER COLLECTION SYSTEM; FURTHER AMENDING CITY ORDINANCE NO. 19-08-05 ADOPTED ON SEPTEMBER 3, 2019 TO AMEND AND INCREASE THE AUTHORIZED PAR AMOUNT OF THE BOND ANTICIPATION NOTE/LOAN AGREEMENT BY THE AMOUNT OF $1,474,000 FOR A TOTAL PAR AMOUNT NOT TO EXCEED $6,424,000; AND RATIFYING CERTAIN ACTIONS HERETOFORE TAKEN.
The title sets forth a general summary of the subject matter contained in the Ordinance. This notice constitutes compliance with Section 3-17-3 NMSA 1978.
Published in the El Defensor Chieftain on April 1, 2021