RECORD OF PROCEEDINGS RELATING TO THE ADOPTION OF ORDINANCENO.ZO'Z-~ OF THE BOARDOF COUNTY COMMISSIONERS

OF SANTA FE COUNTY, JANUARY 31,2012

STATE OF NEWMEXICO ) ) 58.

COUNTY OF SANTA FE )

The Board of County Commissioners (the "Governing Body") of Santa Fe County (the "Borrower/Grantee") met in a regular session in full conformity with the law and the rules and regulations of the GoverningBodyat the County Commission Chambers. CountyAdministration Building, 102 OrantAvenue. Santa Fe, New Mexico, being the meeting place of the Governing Bodyfor the meetingheld on the 31st day of January, 2012 at the hour of 1:00p.m. Upon roll call, the following members were foundto be present:

Present:

Chair:

Commissioners:

Absent:

Also Present:

Thereupon. there were officially filed with the County Clerk copies of a proposed Ordinance and Water Project Fund Loan/Grant Agreement in final form, the proposed Ordinance beingas hereinafter set forth.

Authorizing Ordinance SantaFe County, Loan/Grant No. 221·WTB

2/7/2012

SANTA FE COUNTY ORDINANCENO. 2.0/·...• ?

AN ORDINANCE AUIHORIZINO THE EXECUTION 1ANI) UEUVERY OF A WATER PROJECT FUND LOAN/GRANT AOREEMtNT "'BY 'AND BErWtmN THE NEW MEXICO· WAlER TRUST BOARD'· AND :mE 'NEW·' MEXICO FINANCE AlITHORlTY (fHE "LENDERSlOR.ANTOtS")· AND SANTA FE COUNTY (THE "BORROWER/GRANTEE'?, IN ;THBfMlOUNT OF FORTY-SIX mOUSAND DOLLARS ($46,000), EVij)BN~O AN, QBLIGATION OF THE BORROWER/GRANTEE TO·U'i:ttiZE"· mE " : LOAN/GRANT AMOUNT SOLELY FOR THE PURPOSE.OF,: ~CINO ~. COSTS OF PLANNING, DESIGNING AND IMPLEMENTING ,A VEGETATIVE MANAGEMENt AND BANK STABn.IZAUON PLAN ON nIB RIO QUEMADO, A TRIBUTARY OF THE RIO SANTA.·~RUZ~ IN ·SANTA FE: COUNTY, AND SOLELY IN TIlE MANNBR)j)~aDIN TijE LOAN/GRANT AGREEMENT; PROVIDING POR PAYMENt· OF ,nm LOAN AMOUNT SOLELY FROM PLEDGED REV'ENlJES~ ·CD.'nF¥ING .

.~T TIlE LOAN/GRANT AMOUNT, TOGETHER WITS oTHIiR. FUNDs" AVAILABLE TO THE BORROWER/GRANTEE, IS sUFf.l'CJENT·. TO . COMPLETE TIm PROJECT; APPROVING THE FORM OF iND'OnfER DETAILS CONCERNING THE LOAN/GRANT AGREBMHNT;~ kAUFYIN"G ACTIONS HERETOFORE TAKEN; REPEALING ALL: ACTION INCONSISTENT wrm TInS ORDINANCE; AND AUTHOlUZINa,'nm

. TAICING OF OTHERACTIONS IN CONNECTION WIm THEEXEcuTrON AND DBLIVERY OF TIlE LOAN/GRANT AGREEMENT.

_ Capita1ize4 tenns ~ in the following preambles have the sam~ -~D8_:8B:dcdined in thisOrdinanee unless the contextrequiresotherwise.

WHEREAS, the Borrower/Grantee is a legally and regularl,y:~. _blished, organized and existing county l.1Ildei the general laws of the State of N.w,~exico and more specifically, Section 4-26-1 et seq.,NMSA 1978, as supplemented and~ and .

WHEREAS, the Oov~ Body has determined and hereby de~ t1:Jet theProject may be :financed with amourrts granted and loaned pursuant to the L08J!LI~ Agteeaent, that the tOanIGnmt Amount,togeth.er with other moneys available to 1Ire 8on'o~e, is

, sufficient to complete the Project, and that it is in the best interestof the :8Ortower/OtQntcc and the public. it repreients that the Loan/Orant Agreement be executed a)ld~v.ered and'that the funding ofthe Project take placeby executing and delivering the ~ .emem; and

WHEREAS, the Governing Body has determined that it may]A~Y enter i:n1D the Loan/Grant Agreement, accept the Loan/Grant Amount and be bo~:te) tho- o&liptioDS aod: by the restrictionS thereunder;and ' .'

WHEREAS, the /l~ir--ftt Agreement shall not constitute a ~ 9bUaitidn of the BorrowerlCJraUiee, the W"1;'T~ Board or the Finance Authority or:a debt,or.pl. of the

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SIQlta F~ cOQmy.Lo8Il/Orant No.227-WIB

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fitith·apd aadit: of.the Boaower/Graatec, the'Water Trost ~·th':I.It~~ .0l"1he , State;'8Ild' . . : . ':, ;. . <>, ~ •

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wKSllBA.S, tllere have been presented. to the GovCD)ing Body,tuIId~ p~. on ft.l., wit1ldle CQUnty Clerkthis Ordinance and the fonn of the LoanI~ ~:.ch is mcolJ'oraCm IJYRtereu.ce and considered to bea part hereof; and . .':.

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,.~,'!.be Governing Body hereby determines ~ (ij ~ ~~t~ , .,Amount'l&:tlOW available to the BOlTOwerlOrantee to complete., tho: ~~.i* or·'i(ii)1 •• ·the

Governina:Body will take such steps as are necessary to obtain theA~~ ~'Atbount withinSix (6)months ·after the CI~g Date;and ' . ,

~S. the Borrower/Grantee acknO\lVledges tb84 in"'~' ~;~'U'is '..... to provide tM~tional ~g Amount within six (6) months atteJi ...~.~~ 0., the Loa1/Orard.~ent sball, at the optionof the Water Trost Board8iu:l";~ Authority, tennit1ate 8Dd:·beofno further force or effectj·and . .' .',;.' .

.r , to'WHEREAs, all requiredauthorizations, consents and aPProvalii.Jn·__~(i) the ' -, use of the ~ Amount for the purposes described, and· aceo_~ ~ti.OtJi set trj:

forfh~ in.. ,the ~Orant Agreement; (n) .. the availability of othellt·;~: ••••and "()~

·sufticient,· '.together with the Loan/Grant AmOWlt, to complete tbci '~; JQ4. (Iii) the o ~oriza1i0'D, aeCu.tion 8nd delivery of the Loan/Orant Agreement ~.•~:~.to have '~ beenobtained by the dateof this Ordinance. havebeen obtained or~;~~d'to be obtaillcd. . . .~

NOW, THEREFORE, BE IT ORDAINED BY TIlE GOV2~(i abD~OF;'S4NTA FE COUNTY, NEW MEXICO: :" : ' ~. ::;

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, .S~nl. Definitions. As used in this Ordinance. the fo~_:~~...u,h' all .,; p~ .ve·the meanings hereinspecified, unless theContext cloarlj~'~e (such . rneaniJJPto be equallY applicabl~ to both thesinsuJ,ar andthe plural f~; ~t~; ..4-fined): '. '0:

" . I l , ~. • • •.t >LV'..,,: . 4~Mt means theWat« ProjectFinance Act, Sections 7~JIlwl,~:724A·10, . cs ......~.

NMSA 19,.., ..amended andsupplemented. ~ ::...' :" ..' , <, , .' ',,< ' 'I ~. :t . '

LV " , - ,,"AdditioDal Funding r Amount" means the amount'~ .~tr~ded~ by .the . ,0,

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Borrowot/~ which. in combination with the LoilnlOrant AmoUD~ is,:·~kd1G~ete .... I.V~

the Project "OJ' .to provide matching funds needed to complete tho ~U'" 1:1ie Ad4ltiOnal ' Funding ~·is four thousand six. hundred dollars ($4,600). '.;' - . .

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"Administrative Fee" means au amount equal to. o~~r ~f',oile l*'"nt (0.25%) peranmun ofthe unpaidprincipal ~e oftbe LoanAnio~~~.i~~ ~th Pa)'111ODts .ti1aGe by the BOIl'Owcr/Orantee ,and hardship waivers {)f- ~~.'_ted.to·,the· 'Bo~.:···

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AutboriziDg,QnIbmee 3 SaDta·Pe C~~·~OrantNO. 227-WfB

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~Authorized Officers" means the Chairof the Board of Co_ CdIilmissioners, ·Co.unty Manager,- Finance Director andCounty Clerk ofth.e Borrower~

"BoardRules" means Seetion 19.25.10 NMAC, as supp~ent.¥dandam~.

"Bo!rOwer/Orantce" means SantaFe COlmty in the State;ofNeWMexico.: . .

. ''Closing Date" means the date of execution, delivery' 8aU:I:, t\mding of the ·Loan/Grant Agreement.

''Completion Date" means the date offinal payment of~ ~pf1lt.:Pto;eot.

~ Account" means the account established ptU'S1J8Dt1:otms ~eand held by ~ Yl.D81lCe Authority to pay the Expenses incurred 'by :the: ~rs in connection with the Loan/Grant Agreement andthe Loan/Grant

. "Expenses" means the costs of originating and ~.tbe:y1.()~Orant, ·including legal.fees to the extent allowed by the Act,the BoardRules aDdiaPtH.eabte ,p.1ides of the Water '1'nIstBoard.)· . . . . .

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'-Finance Authority" means theNewMexico Finance Alilorit3li ..

. "~erally Accepted Aecpunting Principles" means die oftiCiany established accountina ·priDciples applicable to .the· Borrower/Grantee consisting of .t1les~ent&, .. deterJ,niUtiOOs .and other official pronouncenients of the Government ~~\1D.tmg. Stmldards Board, FiDaDDial Accounting Standards Board, FedeJ;al AQCOuntiDg ,~I BOard .or other principJ.e..s«tina body acceptable to the Lenders/Grantors establ~!. '$&:IC01iInti&.J :Princlples . ' applicable'to. theBorrower/Grantee. ' ,.~. .;

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. "Governing Body" means the Board of County ~siOUClS of. the BorrowerlGraDtee, or any :future successor governing bodyof the Bo~tee.

_ "Orant't or "GrantAmount" means the amount provided 110 'lht1Bot'l'6Wer/Orante as a gEant pursuant to the Loan/Grant Agreement for the purpose of tiIn~ the·Pioject, and is forty..one,thousand four. hundreddollars ($41,400). . ,

"Herein:t"hereby:t "hereunder:'"hereof," "hereinabovdtt. mad ~~ refer to

this entire Ordinance and not solelyto the particular section or paragiaph ~ tis ·OftYDarice in which suchwordis used. . ;

"Lenders/Grantorst'means theWaterTrust Boardandthe F~ Authority. , ) .. .i .

"Loan" or "Loan Amount" meansthe amount providedto 1be:90:rrowa1Grau.tee as a loi1n purswint to the Loan/Grant Agreement for the PurPose of fipJj~,dbe Projept,.and is four thousand six hundred dollars ($4,600). ,::: . '

Authorizing Ordiuance 4 SantaFe Couaty, LoaDIOrant No. 227·WIB

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. . "LoanIOranf' or "Loan/Grant Amount" means the cQrCLb••..emoiu:rt; partiallyproVid.e4 ··to -."the Borrower/Grantee as the Grant Amount and partia!,. ;~d by the Borrowa1Oi'autee as theLoanArnowt pursuant to the LoanlGran~~ tOr (he.ptq0ge of funding tb" Project. . . :

. . . "Loan/Grant Agreement" 11le811$ the Water-Project'Fuad Lp~Ol'GiitL~t entered,Jnto.by and between the Borrower/Grantee, the Water Trust ;B_~and'-t1l~Finance

Authority as authorized by this Ordinance.

"NMAC" means theNewMexico Administrative Code-. \

"NMSA 1978" means the NewMexico StatutesAnn~.;l9.'$ COOlPIIation, as amend04_ supplemented. . . .. . .

''Ordinance'' means this Ordinance as supplemented Or; d:.tded ii'Om time to time.

"Pledged Reveo:ues" means the revenues ~f the Bo1rower/~ P1edp'tO the payment of the Loan Amount and Administrative Fees purswmt fa th.iS5,,~:ad the 1.oanIGratatAgreement and described in theTenn Sheet. .: : ~ . .l

" .. ' "Project"meanstheprojcctdcscribed'in the TermSheet. '

._ ':'Project AccowIt" means the auditable book accoUDl. in:dae ilam.e' of the . , BorrowerlGreDtee establishedpursuant to this Ordini.t1oe and held by the Pm1mcc ~ority for deposit of tho Loan/Grant Amowrt, as shown in the Term Sheet, fOr, disburse1w.the Borro~e forpaymont of the costs of the Project. . . . .

"Qualifying WatI;r Projecf' means a water project for (i) ~.. coI1~~ or dclivery of water to end-users; (ii) implementation of the federal ~cl13pecias,. Act of

I '1973 collaborative programs; (iii) restoration ami management ~ !~edt; (iv), flood cs prevention or (v) conservation, recyclin& treatment or rC\1SC .of ~teti~~~by laW; and . 10:,<which has been'~roved by the state legislature pursuant to Section. ~;.4A.), .NMSA1978. . o as amended. and supplemented. . . ~ :<' -,

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"State"means the State of New Mexico. oH.

, ~ I'\""" "TermSheet' meansExjn'bit "A" attachedto the LoanIOrant~t:·

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"Useful Ufe" means the structural and material design lifd of"'··Piq.ject. i

"Water Project Fund" means the fund of the same ~~ ~-,~t to SectiOI1 72-4A-9. NMSA 1978.and held andadministered by the FiDau<lcl ~.' ': .

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"Water Trust Board" meansthe water trust board createdand _.Wished pursuant to the Act.

Authorizing OrdfDance 5 Santa Fe Couaty.1oaDI0rant No.227-WTB

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SCicUon 2. Ratification. All action heretofore taken (bot· iJloonsistent .with the provisiOns of this Ordinance) by the Borrower/Grantee and officers of ibe!BorrOwer/Grantee directed toward the acquisitionand completion of the Project and the ex.eeutKm and delivery of theLoaDIOiant Agreementsball be, and the sameherebyis, ratifie<4 apProwd..~.d confirmed.

Section 3. Authorization of the Pmim and the l&antQrant ,,""",ent.The acquisition and completion of the Project and the method of DJDding't!¢' Project through execution and delivery of the Loan/Grant Agreement are hereby autbori2led'aDd ~ The Projectis for thebenefitand use oftheBorrower/Grantee and the public wlOll1 it serves. :

Section 4. FjpdiDW!, The Governing Body hereby declares that ltthasOOnsidered all relevant information and data andherebymakes thefollowing ~s: '. ; .

• f A The Project is needed to meet the needs of the BCl)~er/Orantee aDd the

~WrewoomR~es. . .

B. Moneys available and on hand for the Project from all SoUl'Ces:other than the Loan/Grant ale not sufficient to defraythecost of acquiring the Project:but,.togetlu::r with the Loanlqrant Amount, are sufficientto complete the Project. .

C. The Project and the execution and delivery of theL08I1!Ora"t Agreement pursuantto the Act to provide funds for the financing of the Project. are' necessary ad mthe interestofthepublichealth, safety,and welfareof thepublicservedby thc·B01!rOwer/<mmtee.

D. The Borrower/~ will acquire and complete .~ Project with the proceeds of the LoanIOrant, and except as otherwise expressly provid«t by the LoanIGrant Agreement, will utilize, operate and maintaiJi the Project for the duration .f its Useful Life, whichis not less than twenty(20) years,as requiredby Section 72~4A· 7(A)(1)~ NMSA 1978.

B. Together with the LoanlGrant Amount; theAdditiWal ~D& Amomlt is now available to the Borrower/Grantee, or is expected to become' ·;~Iable to the BoIrOwer/Grantee within six (6) months after the Closing Date, andt Com~ODwith the•

Loan/Grant AmOunt, will be sufficient to' complete theProject and pay E....

F. The Lenders/Granton shall maintain on behalf of_~~Qrantee a . separate Project account or Project accounts and financial records in aeoortl8Q.ce wjth Generally Accepted AccoUDting Principlesduring theconstruction or implementation, alb PiOject. .

G; The Borrower/Grantee has,or will acquireby the- ClQ_ Dateas required by the LoanIOrant Agreementt title to or easements or rights of Way on the real PJOPOrty upon which the Projectis being cODStructed or located. .

SectionS. Loan/Grant Amement-'-AuthorizatigD and D,.t

AuthOJ;'izina Orditumc:e 6 Santa FeCouDtyJ L08DIGrant No.ri7-wrB

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A. Authorization. This Ordinance has been adopted! by di.e afIiriilaitive vote ofat leasta two~1hirds majority ofall ofthe members of the GovemiiJ.gBody. :Fotthepurpose of proteCting the 'public health, conserving the property, protecting 1:bc'g~erar ~ and pro~ ·of ¢te constituent public served by the BorrowerJGran~ ... ~Qidn8 and compietiDg the Project, it is hereby declmed necessary that the BorrowalOranW;=eute and deliver the LoiDIOrant Agreement evidencing the Borrower/Oran1lee's iL~O{ fle Grant AmOUllt of forty-one thousand four hundred dollars ($41,400) and borro~ 1he Lo.ia AmOunt offourthousand sixhundred dollars($4,600) to beutilized solely for the puiJose Of"cOInplcting the Projectand paying Expenses, and solely in themannerand w:ording:to the restrictions set forth in the Loan/Grant Agreement, the execution and delivery of which i.te.~"orized. The Bprrower/Orantee shall use the LoanIOraDt Amount to finN1«l' tbe'8cquisition and completion of theProjectand to pay Expenses.. . . ~ .' .

B. ..Detail. The Loan/Grant Agreement shall be in.sutis4a1;aUy the form of the ~ Agreement presented at the meeting of the OoventiDg, BOdy at wmohthis Ordinance was adopted. The Gnuit shall be in the amount of forty.oD.~ th~Blm1l1':hundred dollars ($41,400) and the Loan shall be in the amount ofJour thous1.n4 • huildied dOllars ($4.600).. Interest on the Loan Amount shall be 74'0 percent (00.4) .per...... of the unpaid principal baleee of the Loan Amount, and the Administrative Fee sbaU be ~Uarter of one percent (0.25%) per annum of the unpaid principal baleace of the Loan Aaro~ tak:ina into account. both Payments made by the Borrower/Grantee and hardsbip.waivers :of. paymentsaranted to theBoli'Ower/Grantee. .

Sect\on 6.. AP.Proval of Loan/Grant Agreement. The form cit ~ LoaoIOnmt Agreemeut~ as presented at the meeting of the Governing Body, at which..... ,00000000cie was adopted, .~ herebyapproved. Authorized Officers are herebyindividually .thrize4·to:execute, acknowledp aDd deliverthe Loan/Grant Agreement with suchchanges; ~&eIdons and omissions .as may be :appioved by such individual Authorized Officers, and dIe C~.,. 'CI~k is 'hereby authorized to attest 1he LoaD/Grant Agreement. The execution of the· LoUf<mmt Agreement shallbeconcluslve evidenceofsuchapproval '.

Section 7. Security. The LoanAmount shallbe solelySClGured bfthe pledgeof the Pledged lUWenuea herein madeand as set forth in the LoanIGrant AgreemCJli '

Section. 8.. Disposition ofProceeds: Completion ofthc: Project-

A. Project Account and Expense Account. The B.mmerI~ hereby consents to:ci:eation of the Project Account ami the Expense Accountby _:~'Authority and approves ofthe deposit of the Loan/Grant Amount in those a<XlOUJ.l1s ••·~wnm1be Tenn Sheet. Untildle Completion Date, the money in the ProjectAccount ~.;be.i~ I!bd 'paidout solely for the purpose of acquiring the Project in compliance with ~le Jaw and the provisions 'Of theLoan/Grant Agreement. .

B.. Completion of the Proiect. The Borrower/Qrintee.: 'Sbali proceed' to complete the '*'iect with all due diligence. Upon the Completion Date,the,~ shall execute it certificate stating that completion of and payment for the;.~ lias been

AuthorizIDsOrdinance 7 SantaFeCOUIlty. LouIOnmt No.227-WIB

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I, complefed.: Following the Completion Date, any balance feD1ajni" 8 hil.~~ M~.~l be ~ enddepqsited into theWater Project FundOr otb.eiWise~~::.;.~Vikt in

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. '. '. 'C. Water Trust Board and Fi11l!!!9$: AuthorityNot__~. ~di8r the .: .' w. 'Irut.~d nor the Finance Authority shall in any ~!~"~: tbr the

app~ or. cIi$posai by the Borrower/Grantee or by its officers of tlie ~::derJ~~~ the . Loan/GJll):t.~ent or of any otherfunds heldby or made available to~·lorlO~tee . : in ~oii With the Project. . ..;. '.

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Sedion'9: raVwmt of Loan AAtOPnl Pursuant to the ~~•.the ' Bo~"~l pay the Loan Amount ditectly to the FinaDce.:A~ • ~ in the LoanI~_eement man amouot sufticieDtto pay principal·and ~~'~'_UDder the LoIoIOraatAgreemcnt and. to CUR any deficiencies in the paymellt!ot:~'~~ AinOWlt or oJ:her:~~ underthe LoanIGrant Agreement .'.' : '.' 't . . .... . . : ... ~ .'

. . ·Seddm'10. Lien on Pledged R.evenues.. Pursuant to the L~" ~lt, the LoaoI~ ~ent constitutes an irrevocable lien (but not an .~~ Ii*m) '.~Oo.:'the Pledged~ to the exteul oftbe LoanAmount,which lien s1JaU ~.~ to ._lien

·:J~.:v=de:::=/::;;~:sec~~~===:e~ hO~t.liat 1lle lien sbaIl be on parity with any otherlien,present ()1"f;.l~J.tbi'. ~~t

'. of&nY~ loaupxpvided to the Borrower/Grantee by the LenderslGr~,t#-~~~ Act. .:

.. ', . ' .. . .' SeCtion J~ •. ' A~ OffiCerS. :Authorized Officers ~ -1'.y :"~y authori:i.e4:[mi. 4ifcctcd .to execute, arid deliver any and all papers, ~ •()pliions, ~ta.8lUt other documents' ~ to do'and cause to be done ~ aml<'.iU:_ :~.1biDgs n«,~.')<Oi proper for carrying' out this Ordinance, the Loanl<hant;~:~:~jether . trtulSaCti~ ~1ated hereby and thereby. Authorized O~ ~,""W~~y ~ :m·dO, aU acts and things r.equired of th.e:ni by this ~ .... :...L~ ~~fur" full, punctual and complete performance of all ~~,~. and ~~ in this Ordinance and~ Loan/Grant AgreelU~~~ 1'JI;Imt limited to, the .~. and delivery of closing documents in coJ.meCtioni ~,::~: ~"'and (

,.: . .de1ivety offt8lOan1Orant Agreement. . .' .~"! .

· Sectionl2. .Amendment of Ordinance. This Ordinance afWt· dkl}~: ~Y;: be atnendei 'Mthout receipt by tile Borrower/Grantee of any additional coasi~, .... ealy with . the priot ~«msent of theWaterTrust Board and the Finance·A~~; .: . .

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Section' 13. OnJiMnce _ealable. After the Loan/Gr_: A~' _.'been executed·mddDllvered;·this Ordfuance shaltbe and remain irrepealable ~"0tPlip4i01U due undertheLo8aIGiant Agreement shall befullydischargeci,:as herein. pr~~: :.,.

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·S~ 14. SeverabilityCl,u'e. If any section, paragraph, ~el.'~~D:~ftbis·· <>tdi:naIp:.Jball for any reason be.. held to 'be invalid or Ul1e1UO~"',:;; 1.bebiY~ or

8 . SalWl:Fe cOialty, LoiDIGnult No. 227-WIB

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~oi'ceabilityof such section, paragraph, clause or provision sballJi.ot;affect.ariy of'the remaining provisions ofthis Ordinance. . .'

/' Section IS. Repealer Clause. All bylaws, orders, or~s, .lvtiona. or ptU1s thereot; iDConsJstent herewithare hereby repealed to the extentoo1y of such ~y. This . repealer shall not be construed to revive any bylaw,' order, resol~ Qr ~ or part thcreoe heteto~ repealed. '. . '. . '.

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Section16. Effcet;jve Date. Upon due adoption of this OrdmSncet"#'sbait be~tded . in·the book of theBorrower/Grantee kept for that purpose, authenticat«1 by 4le.~tUres, of the

Chair Qfthe Board of County Commissioners and County Cleric: of the ~<hau1ee, and thisOrdimmce s1:Bll take effectthirty days • recording. " I

Section17". General Summary for Publication. .Pursuant to ~"eral·lawt of the State, the title and a general summary of the subjectmatter ccntained in tb.iI ~ shall be published in substantially the following Conn:

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AuthoriziDs.~ SanfaFeCoaDty,Loa/OrantNo. 227-WIB

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[Form o/SummaryofOrdinancefor PublictltiOf,] "

SANTAFE COUNTY Notiee of Adoption of Ordinance . " '

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Notice is hereby given of the title and of a general sum.,.•f.;·••bjeet matter· contained'in Ordinance No. ~ dulyadopted and approv«fby·...SOlri. OfCOunty CoJmJlissiOners of Santa Fc Countyon January 31, 2012. A camp"qy qftbc:~is ' . .available ((no public inspection during normal and regular business ~ Ii:ceioflce ·of the Cowrty Clerk, at 102GrantAvenue, SantaFe,NewMexico 87501. ' : ::- :. .

Thetitleofthe Ordinance is: ,. ~,','.:

SANTAFE COUNTY i :- i ORDINANCE NO.~: ~ .. ,:

AN ORDINANCE AUTHORlzlNO TIm EXECUTION ANQ .~RV·oF, . .·A WATER PROJECT FUND LOAN/GRANT AG~:;:!.Ji.Y ~ANP . 'BETWEEN TIlE NEW MEXICO WATER TRUST BOAlW~:~~ NEW . MEXICO FINANCE AUTHORITY (TIlE "LENDERS/O~_:AND" SANTA'FE COUNTY (THE "BORROWER/GRANTEE''), flit ~·iAMOONtr OF PORn-SIX TIlOUSAND DOLLARS ($46,000), EVB>~O. AN OBLIGATION OF THE BORROWER/GRANTEE TO· trrJ;LJiE '. ~THE .LQAN/GRANT AMpUNT '80LELY FOR TIlE PURPOSEqF.;~AN¢INO . 1HB COSTS OF PLANNING, DESIGNING AND J~-, ,A VEGETATIVE MANAGEMENT AND BANK. STABILIZAf!QN·.;' '. . ('ON " THE RIO QUEMADO, A TRIBUTARY OF TIlE RIO: SANTA::' . l1Z, m SANTA-FE COUNTY, AND SOLELY IN THE MANNER::]) ..:.: :' $lIN TIlE, LOAN/GRANT AGREEMENT; PROVIDING FOR pA!. .' ':' ~'OF~ ; to~ AMOUNT SOLELY FROM PLEDGED REVENUE'Slq$~', THAT mE LOAN/GRANT AMOUNT, TOGETIIER WI1H1@'$IIl':BOND& ' AVAi~LE TO -TIlE BORROWER/GRANTEE, IS .sUPttIClENt' ro .'. COMltLBTE THE PROJECT; APPROVING THE FORM,.qlt·~·OTHB~ .. DBT~ CONCERNING THE LOAN/GRANT AGRB~1'~11FYlNG ACTIONS HERETOFORE TAKEN; REPEALING' ALL'i.ACTlON 'INCONSISTENT WITH TIIIS ORDINANCE; AND AUfi:I~G,.1'HE· .: TAKING OF OTHERACTIONS IN CONNECTION \VIlH nm·E*.cutJoN

..ANDDBLIVERY OF THE LOAN/GRANT AGREEMENT. .

'A paeralsummary ofthe ~ubject matter ofthe Ordinance is ~6~ i-.;title;· ­r , .' I :,' ~ : '.. '... '

ThisDOtie~ constitutes compliance with Section 6-14-6, NMSA I?7'.· : .. '! 1

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AuthorizIDg Ordiaaace 10 - - ( 8aDtaFo em.Dty, Lo~ No. 227-WJB

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PASSED, APPROVED AND ADOPTED THIS 31 ST DAY OFJANuARY,",2012.

SANTA FE COUNTY

A~~»c.ueas«: ,

. Val '.IlspiJIoza,~ County Clerk . . " .,

Bce ORDINANCE.COUNTV OF SANTA FE I

PAGES: 14 ST~TE OF NEU ME~ICO l 55

,I Wereby Cert.\fy That. This Ins••rument lJas FJ led for 00 !Record On Tn. 7TW Doy Of February, 2812 at 10:43:36 A" ~ f:lnd LIas Duly Recorded liS Instrul~ent *' 1&!!96!56 (1 ,

:Of The Records Of Santa 'II County (1

and And Seal Of Office ~ ~~~~~~~~~~~~~,Valerie Espinoza ~ k ty Clerk, Santa Fe, NM ~

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Authorizing Ordinance 11 Sama FeCouaty. LoanIOrant No. 227·wrB

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Governing Body Member (f~\ o~ .\tol.!AA.- then moVed~ :adoPli.on of the '.

foregoing Otdinance, duly seconded by Governing BodyMember ~.QyuI;! .ViSi~

.The mOtion to adopt theOrdinance. uponbeing put to a vote,..~ aDd adopted on the following recorded vote: . .

Those VotingAye:

Those Vbting Nay:

ThoseAbsent: ','

~~~~~+:An3!tlr--"&'--­

.EO\) [" . <1,) Members of the Governing Body having voted in favOr of,·th4 motion;·the Chair of the Gov~ Body declared the motion cmied and the Orc;Ji».ance' adO~, whereupon the Chair and the'County Clerk signed the Ordinance upon the records! Of:tile minutes Of the Governing Body. . .

o 1:0After~deration of matters notrelating to the OrdinanCe, themectinl UpoJi ~otion duly,,&de, .~seconded and carried, wasadjoumed. . ! ':'1 ' . LJ ~~l

:: I <, SANTA FE COUNTY, .1:0 ,. (").

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Authodzins 0nIbt8l100 12 Santa Fo-couaty. LoanIOraDt No.227-WI'B

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sTArn OF. NEWMEXICO

cOUNTY OF SANTAFE

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:I. Val. Espinoza, the duly qualified,and acting County Clerk;ottre :Sa11taFe.~ (the~b~aDiee''),do herebycertify: .. . '. .

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.1. . The· foregoing pages are a true, perfect, and eomp~,c0pY of·Jhe,~ofthe proc,eedh1P of::the Board of County CommissiOners of the ~...(th.·~ Bod", W b1 ta1cen at a duly called regular meetiJig held' at ~tbO ,; ~UDty ~sJion C~·ee.ty Administration Building, 102 Grant Avenue" S"ta:~New M~. on Januarr.'31~+O)21at the hour of 1:00p.m., ~far as thesamerelateto;tlie~~of~ No. 1§l:l- ;k=:: and 'the executionand delivery of theproP*Cl~~~~t, a copy o1:~iB';set forth in the official records of the proceedings of'tho:~.Bodf keptillmyoftiei.: None oltho action taken bas been resciitded, repealeck: or:m•.· :. . .': ,.

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. "2. ~. Said proceedi,Rgs were duly had~and takenas therein ~:~.~ ~: ·was.duly}i~ '0 thepermllS therein. named were present atsaid meetiDat,~:~'ab.Own. .

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3. ft' Notice'of the";rteetiug was given in compliance with :_ ~~_~~ds of giving 1l~ of meetbigs of the Governing Body as required by the;DoIrOWtJ/oraa_~·, open meetqs· stada.'ds in effect on the dateoftbemeeting.' , .: . ; , ,

IN :WITNESs WHEREOF,) have hereunto set my hdd ',. ,." . '; ~ of', Iih«.a.~2012.

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. SANTA FE COUNTY • ~ ¥

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V County Clerk

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EXlQBIT "A"

Notice of Meeting

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AutboriziDg 0rcIblan0e SlUlta FeCounty, LoaDIOnmt No. 227-WJB

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