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The result of economic development is improving the economic well-being of our community through efforts that cause job creation, job retention, tax-base enhancements, and increase quality of life. 

The Economic Development Department recognizes the foundation of a well-managed conduit financing policy.  The conduit financing policy set forth parameters for issuing conduit debt and guidance to decision makers regarding the approval of conduit debt submissions. Adherence to the conduit financing policy helps to ensure that Bernalillo County’s credit quality is protected.

It is the intent of the Economic Development Department to establish a conduit financing policy to:

  • Ensure high quality economic development decisions

  • Impose order and discipline in the conduit financing process

  • Promote consistency and continuity in the decision making process

  • Provide all disclosures required by law and promote transparency

  • Ensure conduit financing decisions are viewed positively by Bernalillo County commissioners, investment community and the property taxing agencies.

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  • NOTICE IS HEREBY GIVEN that a public hearing pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended, will be held on behalf of the Board of County Commissioners of Bernalillo County, New Mexico (the “County”) on April 23, 2019 at 2:00 p.m. local time, at the offices of Sherman & Howard L.L.C., 500 Marquette Avenue Northwest, Suite 1203, Albuquerque, New Mexico 87102, in connection with the issuance by the County of its tax-exempt Multifamily Housing Revenue Bonds (Marbella Apartments Project), in the maximum aggregate principal amount of not to exceed $11,000,000 (the “Bonds”).
    Location:
    Sherman & Howard L.L.C., 500 Marquette Avenue Northwest, Suite 1203, Albuquerque, New Mexico 87102
    Time:
    4/23/2019 2:00 PM

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