Socorro Soil and Water Conservation District
Socorro County, New
Notice of Adoption of
Notice is hereby given of the title and of a general summary of the subject matter contained in Resolution No. 2021-3, duly adopted and approved by the Governing Body of the Socorro Soil and Water Conservation District, Socorro County, New Mexico, on April 12, 2021. A complete copy of the Resolution is available for public inspection during the normal and regular business hours of the Secretary/Treasurer, 103 Francisco de Avondo, Socorro, New Mexico 87801.
The title of the Resolution is:
SOCORRO SOIL AND WATER CONSERVATION DISTRICT
SOCORRO COUNTY, NEW MEXICO
RESOLUTION NO. 2021-3
AUTHORIZING THE EXECUTION AND DELIVERY OF A LOAN AGREEMENT BY AND BETWEEN SOCORRO SOIL AND WATER CONSERVATION DISTRICT, SOCORRO COUNTY, NEW MEXICO (THE “GOVERNMENTAL UNIT”) AND THE NEW MEXICO FINANCE AUTHORITY (THE “FINANCE AUTHORITY”), EVIDENCING A SPECIAL, LIMITED OBLIGATION OF THE GOVERNMENTAL UNIT TO PAY A PRINCIPAL AMOUNT OF $175,000 TOGETHER WITH INTEREST THEREON, FOR THE PURPOSE OF LAND IMPROVEMENTS AND CONSTRUCTION OF A NEW BUILDING FOR THE DISTRICT; AND PROVIDING FOR THE PLEDGE AND PAYMENT OF THE PRINCIPAL AND INTEREST DUE UNDER THE LOAN AGREEMENT SOLELY FROM THE MIL LEVY ESTABLISHED BY RESOLUTION 31-2020, ADOPTED ON MAY 18, 2020 PURSUANT TO THE DISTRICT ACT AND RECEIVED BY THE GOVERNMENTAL UNIT; RATIFYING ACTIONS HERETOFORE TAKEN; REPEALING ALL ACTION INCONSISTENT WITH THIS RESOLUTION; AND AUTHORIZING THE TAKING OF OTHER ACTIONS IN CONNECTION WITH THE EXECUTION AND DELIVERY OF THE LOAN AGREEMENT.
A general summary of the subject matter of the Resolution is contained in its title. This notice constitutes compliance with Section 6-14-6, NMSA 1978.
Published in the El Defensor Chieftain on April 15, 2021