Mayor Tim Keller, City of Albuquerque | City of Albuquerque
Mayor Tim Keller, City of Albuquerque | City of Albuquerque
The City of Albuquerque has approved a project involving Kairos Power, LLC under the Local Economic Development Act and City Ordinance F/S O-04-10. This initiative aims to support the acquisition, renovation, development, and improvement of research and development facilities in Albuquerque, New Mexico.
The ordinance authorizes the execution of a project participation agreement and other related documents. It also includes making certain determinations and findings relating to the project, such as the appropriation of funds. Additionally, it ratifies actions previously taken and repeals any inconsistent actions with this ordinance.
The bill was sponsored by Nichole Rogers. The enactment number for this ordinance is O-2024-037.
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