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VILLAGE OF CORRALES, NEW MEXICO NOTICE OF INTENT TO ADOPT ORDINANCE Notice is hereby given of the title and of a summary of the subject matter contained in an ordinance which the Governing Body of Village of Corrales, New Mexico, intends to adopt at a regular meeting on December 14, 2021 at the hour of 6:30 p.m. at the Council/Municipal Chambers at 4324 Corrales Road, Corrales, New Mexico relating to the approval by the Village of Corrales, New Mexico, of its Bond Purchase Agreement and Escrow Agreement. The title of the Ordinance is: VILLAGE OF CORRALES, NEW MEXICO ORDINANCE NO. 21-___ AN ORDINANCE AUTHORIZING THE ISSUANCE AND SALE OF NOT MORE THAN $1,377,000 OF GENERAL OBLIGATION BONDS, SERIES 2021B PURSUANT TO NMSA 1978 SECTION 3-30-5 AND SECTIONS 6-15-1, ET SEQ., FOR THE PURPOSE OF ACQUIRING CONSERVATION EASEMENTS OR OTHER RIGHTS OR INTERESTS IN LAND FOR THE PRESERVATION OF FARMLAND, OPEN SPACE, WILDLIFE HABITAT AND RECREATIONAL OPPORTUNITIES; ESTABLISHING PROCEDURES FOR THE SALE AND DELIVERY OF THE BONDS; INCLUDING EXECUTION AND DELIVERY OF A BOND PURCHASE AGREEMENT AND ESCROW AGREEMENT BETWEEN THE VILLAGE OF CORRALES, NEW MEXICO AND THE NEW MEXICO FINANCE AUTHORITY (THE "FINANCE AUTHORITY"); DELEGATING AUTHORITY FOR SELLING AND DELIVERING THE BONDS AND SETTING DATES, PRICE, INTEREST RATES, INTEREST PERIODS AND OTHER PROCEDURES; RATIFYING ACTIONS HERETOFORE TAKEN; REPEALING ALL ACTION INCONSISTENT WITH THIS ORDINANCE; AND AUTHORIZING OTHER MATTERS RELATED TO THE ISSUANCE OF THE BONDS. A general summary of the subject matter of the Ordinance is contained in its title. Complete copies of the proposed Ordinance will be on file and available for inspection at the office of the Village Clerk during regular business hours. Journal: November 30, 2021 Left-red    Print Legal   Email-red   Published on: Tue November 30, 2021