Board of County Commissioners

Agenda — 2 items

1. Amending and restating Ordinances to combine ordinance nos. 325-2022 and 326-2022 under a new Ordinance; authorizing the issuance and sale of Doña Ana County, New Mexico Taxable Industrial Revenue Bonds (Santa Teresa Storage, LLC Project), in a maximum principal amount of up to $273,000,000 in one or more series to provide funds to finance the equipping of an industrial revenue bond project for use by Santa Teresa Storage, LLC or its successors or assigns; authorizing the execution and delivery of an indenture, a lease, a bond purchase agreement, the bonds and other documents in connection with the issuance of the bonds and the project; authorizing a payment in lieu of taxes to the county and the school districts located within the County by the project company; and making certain determinations and findings relating to the bonds and the project; ratifying certain actions taken previously; and repealing all actions inconsistent with this Ordinance.
2. Amending and Restating Ordinances to combine Ordinance nos. 325-2022 and 326-2022 under a new Ordinance; Authorizing the issuance and sale of Doña Ana County, New Mexico Taxable Industrial Revenue Bonds (Santa Teresa Solar, LLC Project), in a maximum principal amount of up to $213,000,000 in one or more series to provide funds to finance the equipping of an industrial revenue bond project for use by Santa Teresa Solar, LLC or its successors or assigns; authorizing the execution and delivery of an indenture, a lease, a bond purchase agreement, the bonds and other documents in connection with the issuance of the bonds and the project; authorizing a payment in lieu of taxes to the county and the school districts located within the county by the project company; and making certain determinations and findings relating to the bonds and the project; ratifying certain actions taken previously; and repealing all actions inconsistent with this Ordinance.

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