NOTICE OF PUBLIC MEETING
CITY COUNCIL, CITY OF PORTALES, NEW MEXICO

THE PUBLIC IS INVITED TO ATTEND A REGULARLY SCHEDULED MEETING OF THE PORTALES
CITY COUNCIL, which will be held starting at 6:30 p.m., Tuesday, October 17, 2017, at the Memorial Building Council Chambers, 200 E. 7th Street, Portales, New Mexico. The following item(s) is/are scheduled for consideration and action by the City Council:

A G E N D A

I. Call to Order – Mayor/Mayor Pro-Tem/Councilor-as-Chair.

II. Roll Call – City Clerk.

III. Invocation.

IV. Pledge of Allegiance.

V. Official Salute to the New Mexico Flag: “I salute the flag of the State of New Mexico the Zia symbol of perfect friendship among united cultures.”

VI. Scheduled Business — Discussion & Action – Mayor/Mayor Pro-Tem/Councilor-as-Chair.

A. Minutes of Previous Meeting(s):
1. Regular Meeting held October 3, 2017.

B. Ratification of Finance Department’s Actions Regarding Bills for September 2017 – M. Rapp, Finance Director.

C. Report on Lease with State Land Office – J. DeSha, Public Works Director.

D. Notice of Intent to Adopt Ordinance No. 725, An Ordinance Authorizing the Execution and Delivery of a Loan Agreement and Intercept Agreement by and between City of Portales, New Mexico (the “Governmental Unit”) and the New Mexico Finance Authority, in the Principal Amount of $1,007,557 for the Purpose of Construction of a new Fire Station on the North Side of the City of Portales for the Governmental Unit, Paying a Loan Processing Fee, and Evidencing the Special Limited Obligation of the Governmental Unit to Repay the Principal Amount of $1,007,557, together with Interest Thereon; Providing for the Pledge and Payment of the Principal and Interest Due Under the Loan Agreement solely from the Distribution of Fire Protection Fund Revenues Distributed to the Governmental Unit by the State Treasurer to the Governmental Unit Pursuant to Section 59A-53-7, NMSA 1978; Providing for the Distribution of Fire Protection Fund Revenues to be Redirected by the State Treasurer

Council Agenda October 17, 2017………….. 2

 

to the New Mexico Finance Authority or its assigns for the Payment of Principal and Interest due on the Loan Agreement Pursuant to an Intercept Agreement; Ratifying Actions heretofore taken; Repealing all Action Inconsistent with this Ordinance; and Authorizing the Taking of Other Actions in Connection with the Execution and Delivery of the Loan Agreement and Intercept Agreement – S. King, Mayor.

E. Presentation of Overview of Strategic Planning Session with Primary Focus on General Fund Revenue Enhancements – S. Standefer, City Manager.

F. Renewal of Non-Exclusive Use Agreement with Portales Bowhunters Club – J. Diaz, Recreation Director.

G. Other Business/Citizens to be Heard–-Any matter not known about or which could not have been reasonably foreseen prior to the time of posting of the agenda. Formal action may not be taken, and limitation of speakers can be limited by the Chairperson. Comments are encouraged to be limited to three (3) minutes per speaker.

 

VII. Adjournment