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550A OWN fly' I'AOS ORIL)INANCES AFAR: / 9 9 - i t ORDINANCE NO. —A BE IT ORDAINED, that Wheraas, it is imperative for the public safety that the town of Taos regulate parking on it ' s streets and, Whereas , the use of the parking meters is the most reasonable manner in which to accomplish this purpose, It is hereby ordained that the fee to park in the public streets of Taos where there are parking meters in place, or where there may be placed in the future, shall be one cent ( .01) for every six (6) minutes of time parked in the respective space, or ten rents (10�),for every hour. This ordinance shall be considered to be a criminal ordinance and it ' s breach shall be punishable by a fine not to exceed twenty-five dollars ($25 .00) . Past and adopted in Taos, New Mexico on this the loth. day of June, 1969. r I ATTEST• CLERK MAYOR OF OF THE TOWN OF TAOS I 1 (Affidavit of Publication attached) Y' N'' '�'V t' U Mi j . ......... Z:; AN ORDINANCE PERTAINING TO THE PUBLIC 'W, N'- M.T A f-4 -IYot a R -4 "-Ne �;i BUSHT PEN JTY TOR" 0 1"Y T, BE IT ORDAINED by the Mayor and Council of the Town of Taos, New Mexico, that, WHEREAS, it is for the public safety that the carrying or discharging of pellet guns, beebee guns, air rifles or air pistols be prohibited within, the Town of Taos. Section 1. No person shall carry or discharge any pellet gun, beebee gun, air rifle or air pistol of any desczLption, by whatever name it may be known, which weapon, by meanis -,f compressed air, compressed gas, springs or any other means of propulsion is capable of discharging shots, pellets, or Any other projectiles. The prohibition of this section shall not apply to licensed shooting galler" or on private grounds or premises under circumstances when such weapon can be fired, discharged, or operated in a manner such as not to endanger pere or property, and also in such manner as to prevent the projectile from tra-.-ersing any ground or space outsi�e the limits of such gallery, cr residence. Nothing contained in this Ordinance shall be construed to prevent the carrying of such weapons, when unloaded, to or from any range gallery or to or from an area where the discharge of such weapons have b permitte(t by law. Section 2. Any person found guilty of violation of this Ordinance be punished by a fine not to exceed $300.00 or by imprisonment not to ninety days, or by both a fine and jail sentence. PASSED, APPROVED AND ADOPTED on this the 17th day of September, Mayor, Town of Taos ATTEST: ro Town Clerk 7e. ., Affidavit of r _alication State of New Mexico, as. County of Taos err O�tDI1VAN�CE�ORD HALIvE�p A JtiF' tO 11 ..»..»...................lcelth....Gr_een.............................»....................»................................»..........., TO=TH .P Disk G s R]rA+1 iLET being first duly sworn, declare and say that I am the (Business Manager) Wcdi6W of the �t1UNr PR O+ s�.. RErI T 10 ...News ........................................................................................ a weekly newspaper, .-.................. pa • ti4*►PEN={ TION? published in the English Language, and having a general circulation in the City and County of Taos, State of New Mexico, and being a newspaper duly qualified to publish legal notices T, I and advertisements under the provisions of Chapter 167 of the Session Laws of 1937; that the a` t publication, a copy of which is hereto attached, was published in said paper once each week c for............On .......................consecutive weeks, and on the same day of each weck in the regular t1st4>aa issue of the paper during the time of publication, and that the notice was published in the u� t Qu P P g P newspaper proper, and not in any supplement, once each week for.............09.................weeks or V., dfr,' . consecutively, the first publication being on the.....26.............day of.Sept.emher..................... j� tdlctlon AItIF is ••hoot- 19..68., and the last publication on the.......2.6..........day of........Septernb.er............ 19...68; tna"Jai tpp;;pf •,0 ptivato ginun a or p►remises u deF;'.eir= that payment for said advertisement has been (dui made) or (assessed as court costs); that cum uneea when�aneh tveapon.can P Ym Y b14 ma dlscharsue I ,'or operated the undersigned has personal knowledge of the ma rs n/thing set forth in this affidavit. !n a manner,such as not to eq• danger personsr or, property,.,•,and also In such manner:as to:;pre- vent the proWUle;from.trbvers-LL Ing anyy around or.appace autslde �:_ the llmlta oU such at try, grounds ». »_..».. »...... ... or residence.. Nothing contained at ;. l�M! -Manager In this�•ordlnane* 4 ali be cofi- g atrped to prevent-.the.carIntt.of such .weapons; when:unloa ,to or from any range or,Qutloryt'br �.» _.�Q._ _ Subscribed and sworn to before me this........8.th............................. to or from an area where,rite dis• charge .of such weaoonn.;have been Permitted' 2.ed by law.;; f -1(,�rl. - day of..........(1iC.t O.b.Br........... ................................... A.D., 19..68. bectiea' !1. Any .person :'1tltbtid "'' guilty .of vlolau of. nance shall be', unlahhed'by,:a fine not..to exrzeed AW 00:.or:by -y] ;.............. j/r `ter C f, Prisonment•not to !X nine . ."..-.........:�`�.......':�...t...`...cceeee�� ....:............................................... da r, or by both a fIM-and•j It Notary Public 1 sePtence. : , ASSED, APPROVED and ADOPTED on this the 17th dlfy,ot� My commission expires umaldo Garda ` A,l;TESTO?t. ,TOWN'OP' TAVS (1 —s'tC ATTEST: tt .........._..... .»»....»»...... _...........................Februar..�r....1-Gr....1R7.2................................. ITown.Clark. '_ ,Le 1 Nd.`;7t14? Pub. .f K+• Affidavit of ( .)blication State of New Mexico, LE �}t Tl MTNT County of Tam R Keith Green being first duly sworn, declare and say that I am the (Business Manager) (Editor) of the Areefs 'an : Vf'hereas,: tick u'. Taos News the arkttiari »._»....._...............................»....................«.........._«»....,.................._».................................., $Weekly newspaper, ;moat �� reaso 016-1 qct 1eh Au published in the English Language, and having a general circulation in the City and County m lIr , 1 ;ts; of Taos, State of New Mexico, and being a newspaper duly qualified to publish legal notices ir and advertisements under the provisions of Chapter 167 of the Session Laws of 1937; that the p. 'x; tare: ere b a o_DO 1 �t .�are,`.u►a1X publication, a copy of which is hereto attached, was published in said paper once each week y:. the= . ve- ts for.........OnO........................consecutive weeks, and on the same day of each week in the regular Tr,:a1 ta`ni 1 eEttsta• c red tot ncc issue of the paper during the time of publication, and that the notice was published in the le t�P a .o„D_dbu, }►a } ,� newspaper proper, and not in any supplement, once each week for...........one ...........weeks June consecutive! the first publication being on the.......3.>;d.......day of...........J.i s/ A L �� • �`erkti�`�t Y� 1?u g �............................... I,tug',tlo 3 rTLi 69 . Mayor or tlid'. wn of`caos 1969... and the last publication on the...».. PA.........da of.....................R. y......................... 19.........., 1969)gal.No::gqg, pubs 'July 3, P Y that payment for said advertisement has been (duly made) or (assessed as court costs); that the undersigned has personal knowledge jofItheatt rs-arid things se rth in this affidavit. PUBLLS�S BILL »«..... �.................Unes, one time at >�.4.a�Q .. .. Editor-Manager «..._.._.times,$. Subscribed and sworn to before me this..............7.th.... Tau $ *22_. _ day of..................Tiny._......... ....I.................I A.D., 1969.... *02 Taut 5t__ ......... � _........ .J� � �..,_ ................................................. Received payment, �otary Public » _ « TAOS NEWS _•_ My commission expires .......... February ..10'...»19'72..............................................».. f I .TRANSCRIPT OF PROCEEDING$ TAOS AIRPORT REVENUE BONDS SERIES SEPTEMBER 1, 1967 $30, 000.00 1 STANOLEY, KESEL ANo CANPOS ATTORNEYS AT LAW 342 E. MANHATTAN AVE- P. C. ORAK ER A SANTA Fr. NEW Mcxlco 983.4346 . c • i STATE OF NEW MEXICO ) ! COUNTY OF TAOS TOWN OF TAOS ) The Board of Trustees of the Town of Taos, Taos County, New Mexico, met in session in full conformity with law and the ordinances and rules of said Town, at the Town Hall in said Town, being the meeting place of said Board, on the 2nd day of August, 1967, at the hour Of 7:30 o'clock P. M. !� Upon roll call, the following were found to be 1,resent: Mayor: Filemon Sanchez Trustees: Martin Vargas John W. Himes Sam V. Martinez Town Attorney: Eliu E. Romero Town Clerk: Carolyn Parr Absent: J. B. Martinez Thereupon, there was introduced, read and considered, the follow- ing Ordinance, to-wit: STANDLEY, KEOEL AND CAMPCS AT1r0RNCY9 AT LAW 342 L MANNATTAN AVE- P. O. DJQAWER A SANTA Ft. NEW MEXICO 983•4346 I I ORDINANCE NO. 550 AN ORDINANCE PROVIDING FOR THE ISSUANCE OF BONDS PURSUANT TO THE PROVISIONS OF SECTION 14-40-6, ET SEQ. , N. M. S. A., 1953 (P. S. ) TO ENABLE THE TOWN OF TAOS TO CONSTRUCT Olt IMPROVE ITS AIRPORT FACILITY BE IT ORDAINED BY THE BOARD OF TRUSTEES OF 7HE TOWN OF TAOS, NEW MEXICO, as follows: Section 1. That in order to provide for the purpose of constructing and improving its airport facility, the Board of Trustees of the Town of Taos, New Mexico, on behalf of said Town, shall issue and sell the negoti- able coupon bonds of said Town fn the aggregate principal amount of I $30, 000. 00, Series September 1, 1967. Section 2. The bonds issued and sold shall be payable both as to principal and interest from the net income of the facilities located at the Taos Municipal Airport, whether or not financed in whole or in part with the proceeds of this bond issue. The net income from the facilities operated by the Town of Taos, New Mexico, at the Taos Municipal Airport shall be placed in a special fund, identified as the "Airport Revenue Bond Fund", and the Town of Taos shall pay from said fund the principal and interest on such bonds, after provision for all reasonable expenses of operation and maintenance, and payment of the principal of and interest on Taos Airport Revenue Bonds, Series April 1, 1966. Said bonds are additionally secured by a pledge: of revenues derived from motor fuel taxes received under the authority of Chapter 170 of the 1967 Laws of the State of New Mexico to the extent permitted by Section 14-40-10, N.M. S. A. , 1953 Compilation (Pocket Supplements This series of bonds has a lien on said revenues junior only 6TANOLEY. KEGEL ANo CAM POS , ATTORNEY6 AY LAW 347 C. MANHATTAN AVt. - 2 P. O. DRAWEN A SANTA Ft. NEw Mtxico 983.4346 i I to the lien of Taos Airport Revenue Bonds, Series April 1, 1966. Nothing i. in this Ordinance shall be construed to prevent the Town•of Taos from applying to the payment of this issue of bonds or the interest thereon any moneys of the Town of Taos which may be legally available for that purpose. Section 3. The bonds of said series shall bear date as of September 1, 1967, consist of thirty (30) bonds in the denomination of $1, 000. 00 each, numbered from 1 to 30, both inclusive, and maturing in regular numerical order, $10, 000. 00 on the 1st day of September in each of the years 1982 through 1984, inclusive, and bearing interest at the rate of per cent per annum, payable March 1, 1968, and semi-annually thereafter on the first days of March and September of each year, 'both principal and interest payable in lawful money of the United States of America, at the office of the Town Clerk of the Town of Taos, New Mexico. Bonds maturing on and after September- 1, 1978, are subject to prior redemption in inverse numerical order on September 1, 1977, and on any interest payment date thereafter at par plus a premium of five per cent (5%) of principal. Notice of redemption shall be published in a newspaper of general circulation in the Town of Taos at least thirty (30) days prior to the date of redemption. Section 4. Said bonds shall bear the signature of the Mayor of the Town of Taos, New Mexico, and shall be attested by the signature of the Town Clerk under the seal of said Town. The coupons attached to said bonds shall bear the facsimile signature of the Treasurer of the Town of Taos, New Mexico. Section 5. No member of the Board of Trustees of the Town of Taos or any person executing the bonds authorized issued hereunder shall be personally liable on said bonds and all bond; payable solely from the sources hereinabove designated. No bond is a debt, liability or general STANDLEY. KEOEL AND CAMPOS ATTORNEYS AT LAW 342 L MANHATTAN AVL /. O. DRAWER A SANTA re. New MEXICO 3 903.4346 i • i i obligation of the Town of Taos, New Mexico. 'f Section 6. The said bonds and coupons thereto attached shall be in substantially the following form: i i • i � i i STANOLEY, KEGEL AND GAMPOS ATTORNEYS AT LAW i49 4 MANHATTAN AVE. P. D. DRAWER A SANTA FE, L� NEW MEXIDO 469-4346 (Form of Bond) UNITED STATES OF AMERICA STATE Or NEW MEXICO TOWN OF TAOS, NEW MEXICO AIRPORT REVENUE BOND SERIES SEPTEMBER 1, 1967 No. $1, 000. 00 The Town of Taos, in the County of Taos, State of New Mexico, hereby acknowledges its indebtedness, and for value received, promises to pay to the bearer on the 1st day of September, 19 the sum of ONE THOUSAND DOLLARS in lawful money of the United States of America, with interest thereon as evidenced by coupons, from the date hereof at the rate of per- cent ( Jo) per annum, payable semi-annually on the 1st day of March and September in each year, both principal and interest being payable upon presentation and surrender of this bond, or the proper coupon, without deduction for exchange or collection charges, at the Office of the Town Treasurer, Taos, New Mexico. Bonds of this issue maturing on and after September 1, 197i are subject to prior redemption on September 1, 1977, and on any interest payment date thereafter at par plus a premium of five per cent (5 f) of principal. Payment of this bond and interest thereon shall be made solely from, and as security for such payment there is pledged, a special fund, identified as the "Airport Revenue Bond Fund", into which the Torun of Taos covenants to pay from the revenues to be derived from the operation of its airport STANDLEY. KEGCL AND CAMPOS ATTORNEYS AT LAW 342 E. MANHATTAN AVE- P. D. DRAWER A SANTA FE. NEW MEXICO 5 - 983.4346 facilities, after provision for all reasonable expenses of operation and maintenance, sums sufficient to discharge, when due, the principal of and interest on Town of Taos, Airport Revenue Bonds, Series April 1, 1966, and on the bonds of this series. Said bonds are additionally secured by a pledge of revenues derived from motor fuel taxes received under the authority of Chapter 170 of the 1967 Laws of the State of New Mexico to the extent permitted by Section 14-40-10, N. M. S. A. , 1953 Compilation (Pocket Supplement). This series of bonds has a lien on said revenues junior only to the lien of Taos Airport Revenue Bonds, Series April 1, 1966. Nothing herein contained shall be construed to prevent the Town from applying to the payment of this bond or the interest thereon, any moneys of the Town which may be legally available for that purpose. Tile Town of Taos, New Mexico, agrees with the holder of this bond and with each and every person who may become the holder hereof, that it will keep and perform all the covenants of the ordinance authorizing the issuance of this bond. It is expressly agreed that this bond is payable and collectible solely as above mentioned, whether or not said facilities are financed in whole or in part from the proceeds of this series of bonds. The holder of this bond may not look to any general or__ other funds of said Town for the payment of the principal of or interest on this obligation, other than the "Airport Revenue Bond Fund", and the additional security herein stated. This bond is issued for the purpose of contructing and improving air- port facilities of the Town of Taos, New Mexico, and is issued in strict com- pliance with the Constitution and Laws of the State of New Mexico. It is hereby certified that all conditions, acts and things required by the Constitution and Laws of the State of New Mexico to exist, to have happened STANDLEY, KEGEL ANo CAMPOS ATTONNCYS AT LAW 342 C. MANNATTAN AVC. P. O. OpAWEn A SANTA rC. - 6 - NEW MEXICO 983-4346 j and to have been performed, precedent to and in the issuance of this bond, exist, have happened, and have been performed, and that the issue of bonds of which this is one is within every limitation prescribed by the Constitution and Laws of said State. IN WITNESS WHEREOF, the Town of Taos, New Mexico, has caused this bond to be signed by its Mayor, sealed with its corporate seal, attested by its Clerk, and the coupons hereto annexed to be signed with the facsimile signature of the Town Treasurer, as of the lst day of September, 1967. 1 i (Do not sign) (S E A L) _ Mayor ' ATTEST: (Do not sign) Town Clerk I STANOLEY, KEGEL AND CAMPOS , ATTORNEYS AT LAW »Z r. MANHATTAN AVE. 0. O. DRAWER A SANTA Fi, 7 NEW MCXICO 983-4346 (Form of Coupon) No. $ 1 Series September 1, 1967 March On the 1st day of September, 19 unless the,Uond to which this coupon is attached Ef callable has been called for prior redemption, the i Town of Taos, in the County of Taos and State of New Mexico, will pay to the bearer, at the office of the Town Treasurer, Town of Taos, New Mexico, the amount shown hereon in lawful money of the United States of i America, solely from the fund designated in the bond to which this coupon i is attached, being interest then due on its Airport Revenue Bond, dated September 1, 1967, bearing No. (Facsimile Signature Town Treasurer STANDLEY. KEOEL AND CAMPOS ATTORNEYS AT LAW 342 E. MANHATTAN AV& P. O. DRAWER A SANTA Ft. _ p NEW MEXICO o • 983-4346 r l i f Section 7. For the purpose of additionally securing the payment of such bonds the Town pledges the receipts of motor fuel taxes received under f the authority of Chapter 170 of the 1967 Laws of the; State of. Now. Mexico. Said receipts shall be placed into a sinking fund, held separate and apart from other municipal funds. When said fund equals 1257 of the principal and interest requirements of the Taos Airport Revenue Bonds, Series April 1, 1966, and this issue for the fiscal year, any additional revenues from motor fuel tamsduring that year may be transferred to the general fund to be expended as the Board of Trustees may direct. Moneys in the sinking fund shall he transferred semi-annually to the Airport Revenue Bond Fund. Section 8. Moneys in the Airport Revenue Bond Fund shall be first used to pay principal and interest on the bonds heretofore and herein issued t according to their terms. Section 9. A reserve fund to be known as "Airport Revenue Bond, Series September 1, 1967, Reserve Fund" is hereby created. Tlie sum of Two Thousand Dollars ($2, 000. 00) from the proceeds of the sale of this. series of bonds shall be immediately deposited in the Reserve Fund. Moneys in the Reserve Fund shall be used to make up any deficiency in the Airport Revenue Bond Fund for the payment of principal of and interest on this series of bonds. Moneys in the Reserve Fund may be invested in direct obligations of the United States. Section 10. No bonds having a lien superior to the bonds herein issued shall be issued while any of the bonds herein issued are outstanding. Bonds having a lien equal to the bonds herein issued may be issued at any time the Town is not .in default in the payment of principal of and interest on the bonds herein issued. STANDLEY, KEGEL Ann CAMPOS ATTORNEYS AT LAW 342 E. MANHAITAN AVE. P. G. OLAWL'J A SANTA FF C. - 9 .. NEW MEXICO 9E13-4346 S Section 11. That if any one or more sections or parts of this Ordinance shall'be adjudged unenforceable or invalid, such judgment shall not affect, impair or invalidate the remaining provisions of this Ordinance, it being the intention that the various provisions hereof are severable. Section 12. All ordinances or parts of ordinances in conflict here- with are hereby repealed. Section 13. This Ordinance is hereby declared to be an emergency ordinance and it shall be and remain irrepealable until the said Airport Revenue Bonds, Series September 1, 1967, and the interest thereon, have been fully paid, satisfied and discharged as herein provided. j IN WITNESS WHEREOF,. this Ordinance was adopted by the affirma- tive vote of three-fourths of all the members of the Board of Trustees of the Town of Taos, New Mexico, and after due examination, approved by the Mayor of said Town and attested by the Clerk, and the corporate seal j of said Town affixed, on this 2nd day of August, 1967. j t APPROVED: s (S E A Q Mayor ATTEST: ow e'rk STANDLEY. KEQEL AND CAMPOS ATTORNCYG AT LAW 342 G MANHATTAN AVC P. [L DRAWER A SANTA FC. NEW MEXICO 983-4346 - 10 - , _ t J It was then moved by Trustee Sam Martinez and seconded by T1-UStCC John Himes .hat all rules of this Board which, unless suspendCd, might prevent the final passage and adoption of this Ordinance at this meeting be, and the same are hereby, '.uspended. The ducstion being upon the adoption of said motion and the suspension Of the rules, the roll was called with the following result: Those voting; AYH:: Trustees: Martin Vargas John Himes Sam Martinez Those voting NAY: None )lour (4) members of the Board having voted in favor of said motion, the presiding officer declared said motion carried and the rules suspended. Trustee Sam Martinez then moved that said Ordinance he passed and adopted as read. Trustee John Himes seconded the motion. The duestirnl being upon the passage and adoption of said Ordinance. the roll was called with the following result: Those voting AYE,: Trustees: Martin Vargas John Himes Sam Martinez Those voting NAY: None The presiding officer thereupon declared that four (4) members of STANDLEY. KEGEL ANr. CAMYOS ATTONNEYE• AT LAW 342 C. MANHAIVAN AVC. f'. :i. .nA t.f. A SiAaTa Ff, � l i D.ts N.cA.r.❑ �s.a••:s•:6 � f the Board having voted in favor thereof, the said motion was carried and the said Ordinance duly passed and adopted. ' On motion duly adopted, it was ordered that E.aid Ordinance be pub- lished and recorded according to law. Thereupon, there was introduced, read and considered, the following Resolution, to-wit: RESOLUTION NO. 54-502 WHEREAS, the Town of Taos has adopted an ordinance providing for the issuance of airport revenue bonds in the principal amount of $30, 000. 00, for the purpose of constructing and improving its airport facility in said Town; and WHEREAS, in accordance with the statutes of the State of New Mexico, it is permissible that said bonds be sold at public sale after advertisement; NOW, THEREFORE, BE IT RESOLVED BY TIIE BOARD OF TRUSTEES OF THE TOWN OF TAOS, NEW MEXICO: Section 1. That the Mayor and Town Clerk be, and they hereby are, authorized and directed to have published a notice of sale of said bonds in the aggregate principal amount of $30, 000. 00 in The Taos News a newspaper published in and having general circulation in the State of New Mexico, five (5) days prior to the date of sale, said notice to be in substantially the following form, to-wit: 9TANDLEY, KEGEL ANo CAMPO5 ATTORNrV9 AT LAW 9�2 G MANMATTAN AVE. S.NtA Ft• - 12 NOV M11"rM 9b3••iaa6 J I Off ICIA 1, NOTICE Of SA i.r TOWN Of TAOS, NEW MIXICO AIRPORT REVENUE' BONDS Septc-mbar 1, 1967 - $30, 000. 00 PUBLIC NOTiCi? 1S 11ER1:13Y CiVI?N that the Board of Trusrce� of the 'Town of Taos, New Mexico, will on Tuesday, the 5th day of September, 1967, at the hour of 7:30 P. M. , Mountain Daylight Time, at the Office of the Town Clerk, Town Hall. Taos, New Mexico, receive sealed bids and publicly open the same for the purchase of Town of Taos Airport Revenue Bonds, in the aggregate principal amount of $30, 000. 00. Said bonds will hear date as of tale first day of September, 1967, will be in the donomina- rion of ,$1, 000. 00 each, will hear interest at a rate not exceedin y six per cent (67) per annum, payable Mal-Ch 1, 1968, and semi-annually thcrcafter on the first clays of March and September in each year, and will mature serially in regular numerical order as follows: $10, 000. 00 on the first day of September in the years 1982 to 1984, inclusive. Roth principal and interest are payable in lawful money of the Unircci States of America at the Office of the Town Treasurer of the Town of Taos, New Mexico. Said bonds are for the purpose of securing funds for the construction and improvement of its Airport facility. Said bonds will nor constitute a debt, liability or general onligation of the Town of Taos, New Mexico, and shall he payable solely from the net income of the: Taos Airport facilities, whether or not said facilities are financed in whole or in part from the proceeds of said b0IIdS. Said hond� 'ire additionally secured by a pledge of revenues derived from motor fuel STANDLEY. eETEL AND CAMPCS ATTnAlif Y!i AT 1 AW 347 E. MANMArtAN AW. P. 0, U1,A WI'1 A - EjANTA FE. 13 Nrw Mc.wrj ' 1 A taxes received under the authority of Chapter 170 of the 1967 Laws of the State of New Mexico to the extent provided by Ordinance No. 550 of the Town of Taos. It is permissible to hid different or split rates of interest, provided, however, that (1) no hid shall specify more than one interest rate for each maturity; (2) said coupon rates shall be only in multiples of one-eighth of one per cent (1/R J„) or one-twentieth of one per cent (1/2070). Supplemental coupons are permissible. Bidders are requested to submit a bid specifying (a) the lowest rate of interest and premium, if any, above par at which such bidder will purchase such hoods; or (b) the lowest rate of interest at which the bidder will purchase said bonds at par. Proposals should be enclosed in a sealed envelope marked on the outside "Proposals for Purchase of Airport Revenue Bonds, Town of Taos, New Mexico", and addressed to Carolyn Parr Town Clerk, Town of Taos, New Mexico. Said hones will be awarded to the highest and best bidder considering the interest rate or rates specified and the premium offered, if any, and subject to the right of the Board of Trustees to reject any and all bids and readvertise. The highest bid will be determined by deducting the amount of the premium bid, if any, from the total amount of interest required to be paid from the date of the bonds to the respective maturity dates at the coupon rate or rates specified in the proposal, and said bonds will he awarded on the basis of the lowest net interest cost. The purchasrr must pay accrued inter- est from the date of the bonds to the date of delivery. The bonds will not be sold for less than par and accrued interest, nor shall any discount or com- mission he allowed or paid on the sale of such bonds. The To;vn of 'Taos reserves the privilege of waiving any irregularity or informality of any hid. STANDLEV. KE13Cl AN11 CAMPOS ATTOti'Nf Yn AT L%W 347 E. MANHATTAN AVi. 1+. I'l. IIHAWI N A SANTA rE. NEw MExlro 14 - i s All bids shall he sealed and shall be accompanied by a deposit of five per cent, c'ither cash or certified check, of the amount of the bid (principal amount plus premium) which shall he returned if the bid is not accepted; and if the successful bidder shall fail or neglect to complete the purchase of said bonds within: forty-five (45) days following the acceptance of the hid (or within ten days after the bonds are offered for delivery, which- ever is later), the amount of the deposit shall be forfeited to the Town and in that event the Board of 'Trustees may accept the bid of the one making the next bid, or if all bids are rejected, the Board of Trustees shall re-advertise said bonds for sale in the same manner as herein provided for the original advertisement. If there be two or more equal bids and such hills are the best bids received and for not less than par and accrued interest, file Board of Trustees shall determine which bid shall be accepted. The Board of Trustees will take action awarding the bonds or reject- ing all bids not later than twenty-four hours after the expiration of the time herein prescribed for the receipt of the bids. Delivery of Cie bonds will be made to the successful bidder at some bank in Tao., New Mexico, or else- where at its request and at its expense, within forty-five days of the acceptance of the: bid. If for any reason delivery cannot be made within forty-five days the successful bidder shall have the right to purchase said bonds during tine succeeding thirty days upon the same terms, or at the request of the success- ful bidder, during said succeeding thirty days, the good faith deposit will be returned and both the Town and said successful bidder will be relieved of any further obligation. The legality of the bonds will be approved by Messrs. Standby. Kegel and Santa re, New Mexico, whose unqualified opinion, togcthc i- with STANDLEV. KECiEL AN4 CAMPOS ATTCINIlFY'{ AT LAW 342 C. MAN"ATTAN AVC. P. U. 0"A W L i4 A SANTA Fr. Ncw Mcxiaa 903-4346 i the printed bonds and a complete transcript of the legal proceedings, including a certificate stating that no litigation affecting the validity of the bonds is pending.will be furnished the purchaser without charge. BOARD OF TRUSTEES TOWN OF TAOS, NEW MEXICO By sl e4,La, 1-11 (S E A Q maygr ATTEST: s Ton Clerk STANOLEY. KEOEL ^No CAMPOS ATTORNEY!; AT LAW 342 C. MANMATTIN AVO P. O. DMAWCtt A �� SANTA FIE. NEW MEXICO 983-4346 . .. '..............fs;.....,.•..,..,....m+-. ,+...++.+....-..,.,. ."'""»j"',:;T'^,'..,w. _ ..ram}....,.,.....,..... -.,. - --'- ..+......•.._......... . IN � a It was then moved by Trustee Sam ?Martinez and seconded by Trustee John Himes that all rules of this Board which, unless � M Suspended, might prevent the final passage and adoption of this Resolution at this meeting, be and the same are hereby, suspended. The question being upon the adoption of said motion and the suspension of the rules, the roll was called with the following result: Those voting AYE: Trustees: Martin Vargas John Himes Sam Martinez Those voting NAY: None Four (4) members of the Board having voted in favor of said motion, the presiding officer declared said motion carried and the rules suspended. Trustee Sam Martinez then moved that said Resolution be passed and adopted as read. Trustee John Himes seconded the motion. The question being upon the passage and adoption of said Resolution, the roll was called with the following result: Those voting AYE: Trustees: Martin Vargas John Himes Sam Martinez Those voting NAY: None The presiding officer thereupon declared that four (4) Trustees having voted in favor thereof, the said motion was carried and the said Resolution duly passed and adopted. Thereupon, the meeting adjourned. r l'-' STANOLEY. KEGEL (S "� A I_.) 8 /VL, ^No CAMPOS �7`'7 May r ATTOANt"q AT LAW A 1 I,l�'Jc T. 342 K. MAN//ATTAN AVE. ()RAWEII A rj-ANTA Ft. NEW MEXICO S/ ALL i✓ GL-tom/ 483-4346 TownClerk - 17 - STATE OF NEW MEXICO ) COUNTY Or TAOS ) i I, Carolyn R. Parr , the Town Clerk of the Town of Taos, I i New Mexico, do hereby certify that the foregoing copy of Ordinance No, ' 550 is a true and correct copy of said Ordinance, duly adopted at and appearing among the official minutes of a meeting of the Board of Trtistccs ! of the Town of Taos, New 'Mexico, held on the 2nd day of August, 1967; that said Ordinance has been duly published as required by law, and has been duly recorded in a book kept for that purpose in my office, and that the foregoing copy of the minutes of said meeting is a true and correct copy of the minutes as the same appear in the official records of said Town. IN WITNESS WHEREON', I have hereunto set my hand and the September official seal of said Town, this 5th day of XDqm 1967. I I (S E A L) T n , e rk STANDLEY, KEOES. AND CAMPOS AlT01114CYn AT LAW 342 G MANl1ATTAN AVG 01. O. DRAWER A .• 18 SSANTA FG NKW MCX1CD 983.4346 l � • 1 j i .TRANSCRIPT OF PROCEEDINGS TAOS AIRPORT REVENUE BONpS SERIES SEPTEMBER 1, 1967 $30, 000. 00 STANDLEY. Y,EOEL AND CANPOS ATTORNEYS AT LAW 242 C. MANHATTAN AVt. P. O. DRAWER A SANTA Ft, NEW Mtxlco 983-4346 Off • l i STATE OF NEW MEXICO ) COUNTY OF TAOS TOWN OF TAOS ) The Board of Trustees of the Town of Taos, Taos County, New Y � Mexico, met in session in full conformity with law and the ordinances and rules of said Town, at the Town Hall in said Town, being the meeting place of said Board, on the 2nd day of August, 1967, at the hour Of 7:30 o'clock P. M. Upon roll call, the following were found to be present: Mayor: Filemon Sanchez Trustees: Martin Vargas John W. Himes Sam V. Martinez Town Attorney: Eliu E. Romero Town Clerk: Carolyn Parr Absent: J. B. Martinez Thereupon, there was introduced, read and considered, the follow- ing Ordinance, to-wit: STANDLEY, KEOEL { AND CAM,POs ATTORNCY9 AT LAW 342 C MANHATTAN AVC. P. n. ONAWE" A SANTA FC, NEW MEKICO 983-4346 ORDINANCE NO. 550 AN ORDINANCE. PROVIDING FOR THE ISSUANCE OF BONDS PURSUANT TO THE PROVISIONS OF SECTION 14-40-6, ET SEQ. , N. M. S. A., 1953 (P. S. ) TO ENABLE THE TOWN OF TAOS TO CONSTRUCT OR IMPROVE ITS AIRPORT FACILITY BE IT Oftil ATNED BY THE BOARD OF TRUSTEES OF THE TOWN OF TAOS, NEW MEXICO, as follows; Section 1. That in order to provide for the purpose of constructing and improving its airport facility, the Board of Trustees of the Town of Taos, New Mexico, on behalf of said Town, shall issue and sell the negoti- able coupon bonds of said Town in the aggregate principal amount of $30, 000. 00, Series September 1, 1967. Section 2. The bonds issued and sold shall be payable both as to principal and interest from the net income of the facilities located at the Taos Municipal Airport, whether or not financed in whole or in part with the proceeds of this bond issue. The net income from the facilities operated by the Town of Taos, New Mexico, at the Taos Municipal Airport shall be placed in a special fund, identified as the "Airport Revenue Bond Fund", and the Town of Taos shall pay from said fund the principal and inter cyst on such bonds, after provision for all reasonable expenses of operation and maintenance, and payment of the principal of and interest on Taos Airport Revenue Bonds, Series April 1, 1966. Said bonds are additionally securcci by a pledge of revenues derived from motor fuel taxes received under the authority of Chapter 170 of the 1967 Laws of the State of New Mexico to the extent permitted by Section 14-40-10, N. M. S. A. , 1053 Compilation (Pocket Supplement). This series of bonds has a lien on said revenues junior only STANDLEY, KESEL AND CAMPOB ATTORNEYS AT LAW 342 C. MANHATTAN AVE. - 2 - P. O. DRAWER A SANTA Fr, NEw Mcxico 983-4346 '7 to the lien of Taos Airport Revenue Bonds, Series April 1, 1966. Nothing in this Ordinance shall be construed to prevent the Town of Taos from applying to the payment of this issue of bonds or the interest thereon any moneys of the Town of Taos which may be legally available for that purpose. Section 3. The bonds of said series shall bear date as of September 1, 1967, consist of thirty (30) bonds in the denomination of $1, 000. 00 each, numbered from 1 to 30, both inclusive, and maturing in regular numerical order, $10, 000. 00 on the 1st day of September in each of the years 1982 through 1984, inclusive, and bearing interest at the rate of per cent ( fo) per annum, payable March 1, 1968, and semi-annually thereafter on the first days of March and September of each year, ' both principal and interest payable in lawful money of the United States of America, at the office of the Town Clerk of the Town of Taos, New Mexico. Bonds maturing on and after September 1, 1978, are subject to prior redemption in inverse numerical order on September 1, 1977, and on any interest payment date thereafter at par plus a premium of five per cent (57.) of principal. Notice of redemption shall be published in a newspaper of general circulation in the Town of Taos at least thirty (30) days prior to the date of redemption. Section 4. Said bonds shall bear the signature of the Mayor of the Town of Taos, New Mexico, and shall be attested by the signature of the "Town Clerk under the seal of said Town. The coupons attached to said bonds shall bear the facsimile signature of the Treasurer of the Town of Taos, New Mexico. Section 5. No member of the Board of Trustees of the Town of Taos or any person executing the bonds authorized to be issued hCrCUndCr shall be personally liable on said bonds and all bonds are payable solely from the sources hereinabove designated. No bond is a debt, liability or gene-al 6TANOLEY. KEGEL AND CAMPOS ATTORNEYS AT LAW 342 G MANHATTAN AVE. P. O. DRAWER A $ANT^ G'e. New MEXICO 3 983.4346 r 0 0 j obligation of the Town of Taos, New Mexico. Section 6, The said bonds and coupons thereto attached shall be in i substantially the following form: i . f STANOLEY, KEOEL AND CAMPOS ATTO"NEYS AT LAW 342 L. MANHATTAN AVe. P. O. DRAWER A SANTA FE, 4 . NEW Mexico 983.4346 (Form of Bond) UNITED STATES OF AMERICA STATE OF NEW MEXICO TOWN OF TAOS, NEW MEXICO AIRPORT REVENUE BOND SERIES SEPTEMBER 1, 1967 No. $1, 000. 00 The Town of Taos, in the County of Taos, State of Nlev, Mexico, hereby acknowledges its indebtedness, and for value received, promises to pay to the bearer on the 1st day of September, 19 the sum of ONE THOUSAND DOLLARS in lawful money of 'Lhe United States of America, with interest thereon as evidenced by coupons, from the date hereof at the rate of per cent ( %) per annum, payable semi-annually on the 1st day of March and September in each year, both principal and interest being payable upon presentation and surrender of this bond, or the proper coupon, without deduction for exchange or collection charges, at the Office of the Torn Treasurer, Taos, Now Mexico. Bonds of this issue maturing on and after September 1, 197R are subject to prior redemption on September 1, 1977, and on any interest payment date thereafter at par plus a premium of five per cent (S%) of principal. Payment of this bond and interest thereon shall be made solely from, and as security for suc*: payment there is pledged, a special fund, identified as the "Airport Revenue Bond Fund", into which the To,vn of Taos covenants to pay from the revenues to he derived from the operation of its airport STANDLEY. KEOEL ANo CAMPOS ATTORNEYS AT LAW 347 L MANHATTAN AVG P. O. ORAWCR A SANTA Fe. New Mexico - 5 983-4346 1 , facilities, after provision for all reasonable expenses of operation and r maintenance, sums sufficient to discharge, when due, the principal of and interest on Town of Taos, Airport Revenue Bonds, Series April 1 p p > 1966, and on the bonds of this series. Said bonds are additionally secured by a pledge of revenues derived from motor fuel taxes received under the authority of Chapter 170 of the 1967 Laws of the State of New Mexico to the extent permitted by Section 14-40-10, N. M. S. A. , 1953 Compilation (Pocket Supplement). This series of bonds has a lien on said revenues junior only to the lien of Taos Airport Revenue Bonds, Series April 1, 1966. Nothing herein contained shall be construed to prevent the Town from applying to the payment of this bond or the interest thereon, any moneys of the Town which may be legally available for that purpose. The Town of Taos, New Mexico, agrees with the holder of this bond and with each and every person who may become the holder hereof, that it will keep and perform 011 the covenants of the ordinance authorizing the issuance of this bond. It is expressly agreed that this bond is payable and collectible solely as above mentioned, whether or not said facilities are financed in whole or in part from the proceeds of this series of bonds. The holder of this bond may not ljok to any general or other funds of said Town for the payment of the principal of or interest on this obligation, other than the "Airport Revenue Bond Fund", and the additional security herein stated. This bond is issued for the purpose of contructing and improving air- port facilities of the Town of Taos, New Mexico, and is issued in strict com - pliance with the Constitution and Laws of the State of New Mexico. It is hereby certified that all conditions, acts and things required by the Constitution and Laws of the State of New Mexico to exist, to have happened STANDLEY. KEGEL AND CAMPOS ATTORNEYS AT LAW 342 E. MANIIATTAN AV[. ['. fl. GRAWEII A SANTA PE. _ 6 - NEW MEXICO 983-4346 s ' 3 S and to have been performed, precedent to and in the issuance of this bond, ! exist, have happened, and have been performed, and that the issue of bonds i f of which this is one is within every limitation prescribed by the Constitution and Haws of said State. !? i IN WITNESS WHEREOF, the Town of Taos, New Mexico, has caused 4 this bond to be signed by its Mayor, sealed with its corporate seal, attested �. by its Clerk, and the coupons hereto annexed to be signed with the facsimile signature of the Town Treasurer, as of the 1st day of September, 1967. (Do not sign) (S E A Q May.... ATTEST: (Do not sign) f Town Clerk STANOLEY. KESEL AND CAMPI79 ATTOPNEYS AT LAW %47 G MANNATTAN AVE. P. O. 014"'N A . SANTA rK. NEW Mcxiro 963-4346 (Form of Coupon) No. $ Series September 1, 1967 March On the lst day of. September, 19 unless the bond to which this coupon is attached if callable has been called for prior redemption, the Town of Taos, in the County of Taos and State of New Mexico, will pay to j i the bearer, at the office of the Town Treasurer, Town of Taos, New Mexico, the amount shown hereon in lawful money of the United States of j America, solely from the fund designated in the bond to which this coupon i is attached, being interest then due on its Airport Revenue Bond, dated ! September 1, 1967, bearing No. jl (Facsimile Signature Town Treasurer. STANDLEY, KE13EL AND CAMPOS ATTORNEYS AV LAW 347 C. 7AAN14AT-IAN AVE. P. O. DRAWL'11 A SANTA Fr. Ntw Mmco 983.4346 f { 1 Section 7. For the purpose of additionally securing the payment of such bonds the Town the receipts of motor fuel taxes received under i pledges P � the authority of Chapter 170 of the 1967 Laws of the State of New Mexico. i Said receipts shall be placed into a sinking fund, held separate and apart from other lllunicipa l funds. When said fund equals 125LJ of the principal and interest requirements of the Taos Airport Revenue (fonds, Series April 1, 1966, and this issue for the fiscal year., any additional revenues front 111oror fuel ta)csduring that year may he transferred to the general fund to be cxponded as the Board of Trustees may direct. Moneys in the sinking fund shall be transferred semi-annually to the Airport Revenue Bond Fund. Section S. Monevs in the Airport Revenue Bond Fund shall be first Used to pay principal and interest on the bonds heretofore and herein issued according to their terms. Section 9. A reserve fund to be known as "Airport Revenue Bond, Series September 1, 1967, Reserve Fund" is hereby created. The sum of Two Thousand Dollars ($2, 000. 00) from the proceeds of the sale of this series of bonds shall be immediately deposited in the Reserve Fund. Moneys in the Reserve Fund shall be used to make up any deficiency in the Airport Revenue Bold Fund for the payment of principal of and interest on this series of bonds. Moneys in the Reserve Fund may be invested in direct obligations of the United States. __---.- Section 10. No bonds having a lien superior to the bonds herein issued shall be issued while any of the bonds herein issued are outstanding. Bonds having a lien equal to the bonds herein issued may be issued at any time the Tov✓n is not in default in the payment of principal of and interest on the IlollCls herein issued. SYANDLEY. KEGEL AND CAMPOS ATTORNEYS AT LAW ,17 E. MANHA7,AN AVE. 11. O. A SANiA f E. 9 NEW MIX-an J E73.4 aA6 1 i Section 11 . That if any one or more sections or parts of this Ordinance shall be adjudged unenforceable or invalid, such judgment shall not affect, impair or invalidate the remaining provisions of this Ordinance, it being, the intention that the various provisions hereof are severable. Section 12. All ordinances or parts of ordinaneos in conflict here- with are hereby repealed. Section 13. This Ordinance is hereby declared to be an emergency ordinance and it shall be and remain irrepealable until the said Airport j Revenue Bonds, Series September 1, 1967, and the interest thereon, have I been full; paid, satisfied and discharged as herein provided. IN WITNESS WHEREOF, this Ordinance was adopted by the affirma- tive vote of three-fourths of all the members of the Board of Trustees of the Town of Taos, New Mexico, and after due examination, approved by the Mayor of said Toavn and attested by the Clerk, and the corporate seal of said Town affixed, on this 2nd day of August, 1967. i 1 APPROVED: s �1 i (S E A Q Mayo ATTEST: s Town,Clerk STANDLEY. KEGEL AND CAMPUS ATTORNEYS AT LAW 342 e. MANHATTAN AVE. P. O. DRAWER A SANTA Ft. New MEXICO 983-434 6 10 1 i i It was then moved by Trustee Sam Martinez and seconded by f Trustee John Himes that all rules of this Board which, unless suspended, might prevent the final passage: and adoption of this Ordinance at this meeting be, and the same are hereby, suspended. i The question hcing upon the adoption of said motion and the suspension of the rules, the roll was called with the following result: Those voting AYE: Trustees: Martin Vargas i John Himes Sam Martinez Those voting NAY: None Four (4) members of the Board having voted in favor of said motion, the presiding officer declared said motion carried and the rules suspended. Trustee Sam Martinez then moved that said Ordinance he passed and adopted as read, Trustee John Himes seconded the motion. The question being upon the passage and adoption of said Ordinance, the roll was called with the following result: Those voting AYE: Trustees: Martin Vargas John Himes Sam Martinez Those voting NAY: None The presiding officer thereupon declared that four (4) members of STANOLEY, KESEL AND CAMYOS ATTORNEY!: AT LAW 342 E. MANHATTAN AVE. P. 11. DRAWL":+ A SANTA rE, NrW MCXIUn 9f33-•i 346 the Board having voted in favor thereof, the said motion was carried and i the said Ordinance duly passed and adopted. ? On motion duly adopted, it was ordered that said Ordinance be pub- lished and recorded according to law. i Thereupon, there was introduced, read and considered, the following Resolution, to-wit; RESOLUTION NO. 54-502 WHEREAS, the Town of Taos has adopted an ordinance providing for the issuance of airport revenue bonds in the principal amount of $30, 000. 00, for the purpose of constructing and improving its airport facility in said Town; and WHEREAS, in accordance with the statutes of the. State of New Mexico, it is permissible that said bonds be sold at public sale after advertisement; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD Or TRUSTEES Or THE TOWN Or TAOS, NEW MEXICO: Section 1. That the Mayor and Town Clerk be, and they hereby are, authorized and directed to have published a notice of sale of said bonds in the aggregate principal amount of $30, 000. 00 in The Taos News , a newspaper published in and having general circulation in the State of New Mexico, five (5) days prior to the date of sale, said notice to be in substantially the following form, to-wit: STANDLEY. KEGEL AND CAMPOS ATTDrINEY5 AT LAW 342 C. MANHATTAN AVE. P. o. DR^WC7 A -SANTA FED 2 NEW Mexico 9B3-a3a6 01,F ICIAL NOTICE OF SALE TOWN OF TAOS, Nl-,W MEXiCO AIRPORT REVL;NUE BONDS ScptL'nlhcr 1, 1967 - $30, 000. 00 PUBLiC N0'i'iC'? IS IIFIRERY GIVEN that 1110 Tioar-d of Tl-tisl'ee5 of the Town of Taos, New :Muxic:o, will on TuCsdaV, tllc Sth day of Scpretllher, 1967, at the hour of 7:30 P. A , ,Mountain Daylight `Ci:lie, at the Gfficc of the Town Clerk, Town Hall, 'Taos, Now Mexico, receive scalo_1 hills and llulhlicly open the sank for the purchase of Town of Taos Airport Revenue Bonds, in the aggregate principal amount of $30, 000. 00. Said hondS WiII hear date as of tllc first day of September, 1967, will be in the denomina - tion of $1, 000. 00 each, will hear interest at a rate llot exceedin; six "-)Cl. cent (67,) her anntull, pavahlc March I. 1968, ;end s(2mi -annually til�rc;ift� r on the first days of March and Scl)tvlllb"T ill Ctich Vcar, and will 111011,i1-c' SS erially in rc�gtllar ntinlel•ic;ll ol•del- as fol)M,'S: $10. 000. 00 on the first day of September in the years 1982 to lO8-1. inclusive. i3oth principal and interest are payable in lawful money of tl1c, l'rit��i States of America at the Office of the Town 'Treasurer of the Town of Taoti, New Mexico. Said honds are for the purpose of securing funds for the corlstructiol: and improvement of its Airport ]facility. Said bonds will not constitute a debt, liability or creneral obligation of the Town of Taos, Now Mexico, and shall be payable solely from tie income of the Taos Airport Facilities, whether or not said facilities ai financed in whole or in mart 1-1-0111 the proceeds of said bonds, 5;li„ ilO;rJS ;ll-e a._iklilionally serlir'cd by a of 1—CW11110s frolll :llolol• il!c-" GTANOLCY, r:rC*'rl_ A�TDo-Ey!. AT ,.AW 344' C. MA-447,1,N AVC. ,'. ti,. IAA• .r A - 1 3 - taxes received under the authority of Chapter 170 of the 1967 Laws of the State of New Mexico to the extent provided by Ordinance No. 550 of the Town Of Taos. It is permissible to bid different or split rates of interest, provided, however, that (1 ) no bid shall specify more than one interest rate for each nlaturit-y; (2) said coupon rates shall be only in multiples of one-eighth of one per cent (1 /R(J0) or one-twentieth of one per cent (1/20%). Supplemental coupons are permissible. Bidders are requested to submit a bid specifying (a) the lowest rate of int-rest and premium, if any, above par at which such bidder will purchase such bonds; or (h) the lowest rate of interest at which the bidder will purchase ;aid bonds at par. Proposals should be enclosed in a sealed envelope marked Oil the outside "Proposals for Purchase of Airport Revenue- Bonds, Tmvn of Taos, New Mexico", and addressed to Carolyn Parr , 'Town Clerk, Town of Taos, New Mexico. Said bonds will be awarded to the highest and best bidder considering the interest rate or rates specified and the premium offered, if any, and subject to the right of the Board of Trustees to reject any and all bids and readvertise. The highest bid will be determined by deducting the amount of the premium bid, if any, from the total amount of interest required tO he paid from the data of the bonds to the respective maturity dates at the coupon rate or rates specified in the proposal, and said bonds wi It he awarded on the basis of the lowest net interest cost. The purchaser must pay accrued inter- est from the date of the bonds to the date of delivery. The honds will not he sold for less than par and accrued interest, nor shall anv CliScollllt ol- C0111- mission be allowed or paid on the sale of scich bonds. The 'i'o,vn of 'Taos reserves the privilege of waiving any irregularity or informality of any hid. 8TANDLEY. ✓I-111A •Nn CAMPOS Ai MNIJI rt, AT LAW 347 C. MAt404A1TAN wvr. n, n. 1.11nw1 u A 5-4 r. r r. Nrw mc.Awn 9[11 • 3n(. 14 LJ • 0 All bids shall be sealed and shall be accompanied by a deposit of five per cent, either cash or certified check, of the amount of the bid (priircipal amount plus premium) which shall be returned if the bid is not accepted; and if the Successful bidder shall fail or neglect to complete the purchase of said bonds within forty-five (45) days following the acceptance of the bid (or within ten days after the bonds ar�� offered for delivery, which- ever is later), the amount of the deposit shall be forfeited to the Town and in that event the Board of Trustees may accept the bid of the one making the next bid, or if all bids are rejected, the Hoard of Trustees shall re-advertise said bonds for sale in the same manner as herein provided for the original advertisement. If there be two or more equal bids and such bids are tile best bids received and for not less than par and accrued interest, the hoard of Tru:sees shall determine which bid shall be accepted. The Board of Trustees will take action awarding the bonds or reject- ing all bids not later than twenty-four hours after the expiration of the time herein prescribed for the receipt of the bids. Delivery of the bonds will be made to the successful bidder at some bank in Taos, New Mexico, or else- where at its request and at its expense, within forty-five days of the acceptance of the bid. If for any reason delivery cannot be made within forty-five days the successful bidder shall have the right to purchase said bonds during the succeeding thirty days upon the same terms, or at the request of tile Success- ful bidder, during said succeeding thirty days, the good faith deposit Will he returned and bath the Town and said successful bidder will be relieved of any further obligation, The legality of the boncls will be approved by Messrs. Standicy, Kcgel and Campos, Santa Fe, New Mexico, whose unqualified opinion, together with STANDLEY. KEr3EL ANn CAMPOS ATTnk-jrvR Al JAW 347 V. MAN/1ATTAN AVE. 11. I1. IINAWI 11 A SANTA fr. Nrw Muxocn 15 - �1 t f'i •1'l d[i the printed bonds and a complete transcript of the legal proceedings, including a certificate stating that no litigation affecting the validity of the bonds is pending,will be furnished the purchaser without charge. BOARD OF TRUSTEES TOWN OF TAOS, NEW MEXICO By s - , (S E A L) Mayof ATTEST: TowA Clerk STANOLEY, KEOEL AU CAMPOS ATTOf7NEY6 AT LAW 342 E. MANHATTAN AV[. P. O. 094AWEn A � �� 9ANTA FE, New MExiao 983-4346 s It was then moved by Trustee Sam Martinez and seconded by Trustee —�� Himes that :11 rules of this Board which, unless suspended, might prevent the final passage and adoption of this Resolution at this meeting, be and the same are hereby, suspended. The question being upon the adoption of said motion and the suspension Of the rules, the roll was called with the following result: Those voting AYE: Trustees: Martin Vargas John Himes Sam Martinez Those voting NAY: None Tour (4) members of the Board having voted in favor of said motion, the presiding officer declared said motion carried and the rules suspC.ldCd. Trustee Sam Martinez then moved that said Resolution hC passed and adopted as read. Trustee John Himes seconded the motion. The question being upon the passage and adoption of said Resolution, the roll was called with the following result: Those voting AYE: Trustees: Martin Vargas John Himes Sam Martinez Those voting NAY: None The presiding officer thereupon declared that four (4) Trustees having voted in favor thereof, the said motion was carried and the said Resolution duly passed and adopted. 'Thereupon, the meeting adjourned. �J 67ANDLEY. Y.EGEI_ ... AHD CAMPOS May ATTnNNI Y•. A#N A LAW A•r'hl�`1.1~ 342 E. MAI. A,TAH AVE. BAN iA fit, NEW MExrl:o �/ �� c c GliL L �na••tan�, =ram ow 1 - 17 - 1 STATE OF NEW MEXICO ) ) ss. COUNTY OF TAOS ) i, Carolyn R.• Parr the Town Clerk of the Town of Taos, New Mexico, do hereby certify that the foregoing copy of Ordinance No. 550 is a true and correct copy of said Ordinance, duly adopted at and appearing among the official minutes of a meeting of the Board of Trustees of the Town of Taos, New Mexico, held on the 2nd day of August, 1967; that said Ordinance has been duly published as required by law, and has been duly recorded in a book kept for that purpose in my office, and that the foregoing copy of the minutes of said meeting is a true and correct copy of the minutes as the same appear in the official records of said Town. IN WITNESS WHEREOF, I have hereunto set my hand and the September official seal of said Town, this 5th day of ANW- 1967. aL ,i , 117e L, ) (S E A L) T wn Clerk STANDLCY, KEGEL AND CAMPG9 AITDI2/,ErG AT tAw 242 E.. MANIIATTAN AVE. 11. 11. (MAW" A � 18 y AIITA rr, New MEXICO 903.4346 STATE OF NEW M EXIC O ) COUNTY Or TAMS ) ss. TOWN OF TAOS ) The Board of Trustees of. the Town of Taos, Taos County, New Mexico, met in session in full conformity with law and the ordinances and rules of said Town, at the Town Hall in said Town, being the regular meeting place of said board, on the Sth day of September, 1967, at the hour of 7:30 o'clock P. M. Upon roll call, the following were found to be present: Mayor: Filemon Sanchez Trustees: Sam V. Martinez J. B. Martinez Martin Vargas Town Attorney: Eliu Romero Town Clerk: Carolyn Parr Absent: John W. Himes Thereupon, there was introduced, read and considered, the follow- ing Ordinance, to-wit: STANDLEY. KEGEI. AND CAMPOS ATTORNCV! At LAW .17 C. MANNAT'.AN AVE. ((�� V. ... ,.uAw... A — 20 SANTA i C. New MCXICO 983-4346 CUl • OFF'ICIA�dN4 r SALX TOWN ORT ' i BONDS Affidavit of Publication AIRPORT . 1.9 :BONDS Be lumber 1, Le �:� $eooe.00 PUBLIC NOTIC'B , WEIiEBY GIVEN that the Boot Trustees State of New Mexico, of the Town of Taos,- a Woo wilt on Tuesd e the atn�dsp: 2' September, the r of County of Taos 7-30 P.M ': n tght Time, at the'Offlbe�.of,thy' own Ctorrec iveiiie.(lit it At A p�bit- I Keith G'l;'eAII sly open'th0,iame.for,t !`pnrch-, are of Town,of is Airport.', being first dui sworn, declare and say that I am the (Business Manager) venue .Scads, ,I "'Ahe g�reg�ate g Y Y g fir) of the p Inctpal amount of 3� AT"Coo. Said bonds will bear date.as-of The Taos News thefirst day of septtmber 1967 ................................................................................................................................................., a weekly newspaper, will be In the denomination of. 31,000.060 each„wftl bear7tri#crest published in the English Language, and having a general circulation in the City and County al a rate not exceeding sl)t or cent (6%) r alinutn' .payable of Taos, State of New Mexico, and being a newspaper duly qualified to publish legal notices March 1, 1t16if an rren►-attnually thereafter oni thel.'flrst-days of and advertisements under the provisions of Chapter 167 of the Scssion Laws of 1937; that the Alarch and' September. Ineach year, and will mature serially .in publication, a copy of which is hereto attached, was published in said paper once each week regular numerical order as fol- lows: $lo,0oo,0o on the .first day .of for................ ;ii .consecutive weeks, and on the same day of each week in the regular September 1n the years 1982, to Y g 1t+Bo Inclusive. issue of the paper during the tiine of publication, and that the notice was published in the Both principal and interest Lice p p g p 1 payable in lawful money of 't h e United States,of America at t h e Office of the Town Treasurer of newspaper proper, and not in any suppiement, once each week for..............On.e.................��eeks the Town of .Tabs, New Mexico. Said bonds are for the purpose of securtna funds for the construe- Lion and Improvement of Its Air- consecutively, the firs,publication being on the.......31.4.....day of.......4� y .0...... port Facility. Said bondr will not constitute . a debt, liablllty or general obl►ga- 19....67 and the last publication on the..........................da of......................................................., 19..........; Lion of the Town of Taos, New P Y t Afexico, and shall be payable sole- , ly from the net income of the that payment for said advertisement has been (duly made) or (assessed as court costs); that loos old fat Facilities,whether or the undersigned has personal knowledge of the ma and thin t forth in this affidavit. � not Bald facilities are financed In g P g $s whole or In part from the proceeds - of said bonds. sold bonds are ad- ditionally secured by a pledge of 11, revenue derived from motor fuel • taxes received under the authority . ...... of Chapter 170 of the 1967 Laws 2?a� »... .. of the State of New Mexico to the at =.• • ..•.._»••»....» Wommanager extent provided by Ordlnanco No. 550 of the Town of Taos. It is permissible to bid different_ ._•_. »•.. Subscribed and sworn to before me this...........1.9t........ or split rates of Interest provid- 1 ed, how,.ver, that U)•no 6Id shall 1 specify more than one interest rate for each maturity;..(2)1 s a i d ax �- » 1�_ (lay of.....................5 t@l bbr...................................I A.D., 19.b.... i coupon rates shall be only tac-ou1- t)ples of one-elghth of one. per O cent Oj%) or one - twentleth of t ' one per cent (1/20%). Su lemen- al =....._ �e Z ul � «� to coupons are permissible. T.................e......................................................................... Bidders are requested to submit Nof'ary Public it bid Apecltying (a) the lowest rate of Interest and premium, It any, above par at which such bid- der w111 purchase ruch bonds, or _. «. Cycommission expires (b) the lOWeat rate of Interest at which the bidder w111 purchase p'ebrtxary 10 1968 said bonds at par. Proporals shouldbe enclosed In a sealed en- ....................................... ..................................................................................... velope marked on the outside "Proposals for Purchase of Air- port Revenue Bonds, Town of Taos, New Mexico", and addressed Town Clerk, Town of�'aoi, New Mexim. Said bonds will be awarded to the highest and best bidder con- sidering the interest rate or rat.,a .specified and the premium oM:r- ed, if any, and sub pet to t h e right of the Board o>)Trustees to re,ic•ct any and all bids and read- vertlse. The highest bid will be determined by deductin the amount of the premium bld,�f any, from the total amount of Interest required to be paid from the date of the bonds to the respective ma- turity dates at the coupon rate or rates specified In the proposal, and Bald bonds will be awarded on the basis of the lowest net in- terest cost. The purrhaser must pay accrued interest from the date of the bonds to the date of de- livery. The bonds will not be sold. for less then par and accrued In- terest, nor sha11 any discount or commission be allowed or paid on the sale of such bonds: The Town of Taos reserves the prlvileye of waiving any Irregularity or intor- mality of any bld, All bids shall -be sealed� and shall be accompanied by a deposit of five per. cent, either crib• or certified check, of the amount.of the bid (principal amount plus Fr which shall be returned !f the bid is not accepted- and 1t the suceesefu! bidder shalf.fall.or -, neglect to complete.-the purchase of said bonds within forty - five (40) days following the accep- tatle0 o the.bid (or within ten aya-atter the bonds are•.ffered d • ' M,whtch,. ever_1s:1at- 7�. R P�Yi'n yyeVein i d stork• �IA n� iYf�.-.V Nl 1i tkid b1di Ril�1 ebidi'1 VCa.' r snA ottnot 144WA . h "Im ba t Iftai env at 1� oCirltii' �4 it , � K T w A la AMID *th �botiit*lnlc rw� WidIN, leotiH't �►it bl�i SdH 14t _r ; t fti' h�lff:i� �� t f� �pl�atlori� ec;thi"tl/nift'� �Il`!1'. ' .1. _ a A�, ks i rC Aids` on.;K tttiriaklpt�:ot" t �'. .r ;DI Deer 'qt th Mts= v i ;ta.ptgsFri��Cett;bt'�C romi�tsank In �' o erzel�lowb- a f 1`1eW a- r ua;I,�n x 1ti' inreee." dt.�.t e;.acosptatltlt n����b J,It, fot;. i�uon a11i� �iatna�Ae� - � math%I AJIY daiy,tl °es t d ttor�att�{�bld�el!,��u���► t���> ��,,to"pttt'ellaigJ i! K1�di•dur x 1n�hh,tf.ttt if�iucGeid init.th 'gUl Ot LoVi 0t�nito :�dsy thaft `bt retu te ;.uta���°t �if anA;Ra rruaotutulwbld'dai'rwili$bt - � d,le Litt 3bM4i tli x�it �ppt ,t wa t It, .a'lOn1 { { �h*�`� nibti�ea 1�•, t� :^ �'sri��f;��{s i - xiD! '��``,�',�,''�:�' `♦" � yr -t.�(lsCx 'C,+� .k'��"�rir�'�. port Itel rnut- Blinds. Tn%-.n or Dios. Ne,i' Me dro". and addreAsed to . . ......... ..... Town clerk, Town or Tacs, Nell' \exwo. Said hunds kill be a%%arded to the highest and best bidder v0n- slderht{; the Interest rate or rates specitled and the premium offer• rd, If An), And subject to I h e right of the Board of Trustees 1n reievl an% and all bids and read- vertise. The highest. bid Neill be determined by dedut•ting the amount of the premium bid, it and, from the total amount of interest required to be pall from the date of the ponds to the respertile ma- turil� dnies At the enupun rate fir rates specified In the proposal, find said bonds will be allarurd on the basis of the lolrest net In- teresi rust. The purchaser must pay accrued interest from the date of the bonds in the dale of de- livery. The bonds kill not be sold for less than par and accrued In- terest. nor shall any discount or commission be allowed or paid on the sale of such bonds. The Town of Taos reserves the privilege of halving Any Irregularity or infor- mality of any hld' All bids shall be sealed and shall he accompanied by a delwsit of file per cent, either cash or certifl,!d check, of the amount of the bid f prinelpal amount plus Fr emium) which shall be returned f the bid Is not accepted; and If the successful bidder nhal) fall or neglect to complete the purchase of said bonds within forty - five t451 days following the accep- tance of the bid for within ten dayr. 14(ter the bonds are offered for delivery. which - ever is lat- er), the amount of the rlf posit ..i�.._.�...w to tt,e nwit and in that event the Board of Ti-dstees may accept the bid of the on.: making the next bid, or if All Mrs Are rejected, the Board of Trustees shall rc-advertise s a I d bonds for sale In the same man- ner as herein provided for the original Advertisement. if there be two or more e(%in) bids and such bills are the V%t bills received and for not less than par And me- crued Interest, the Board of Trus- tees shall determine which bid shall be accepted. The Board of Truslern will take action alVArdInF the bonds or re- jecting Ali hits not later than tllenty - four hours after the ex- piration of the time herein pre- scribed for the receipt of the olds. Delivery of the bonds will be t11 to the successful bidder at some bank In Taos, New Mexico, (it' elsewhere At its request And At Its expense, within forty-five days or the Acceptance of the bid. If for anv reason delivery cannot he made ll'ilhtn forty-five days the successful bidder shall hAve the eight to purchase said honds dur- Ing the succeeding thirty daSv up fill the same terms, or at the re- quest of the successful bidder, during said succeeding thlrIl days, the good faith deposit he returned and both the Town .,nd snid successful bidder hill he ;rrllevtvl nr Any further obligatlnn. The legaltil' of the bonds will he. Approved by Messrs. StAndley, Krim, And Campos, Sanin Fe, Neu, \fexiro, whose unqualified npin- Inn. tnirether with the printed hnnds And a complete transcript of the ICRA1 proreedings, in(•)ud- Inc A (•ertifirate stnting that tin mizAthm Arfertinc the validlly of the hnnds is pending, wIII be fur- nished the purchaser without clan me. BOARD OF TRUSTEES TOWN OF TAOS. Nnrw MEXICO By s/ Filemon Sanchez Afnyor cK V A I.I ATT1...AT: r' Carolyn R. Farr Town rlrrk (Lef;a?No.50, Pub.Aur.31,1"T) r cut Sept. 7, 14, 21. 1967) of,IgCl"tiOTIC15 rS�'p TOWN temti r 1, 119613111Cb0.000 00 p HEREBY Affidavit of Publication PUBLIC NOTICE �; the Town of Taos,New M xlc-% State of New Mexico, nn ll, 1961,,. atet1l*,hour of 1 �, tuber, Mountain f.DayllghL JT IN County of Taos Time, at isle Qtficd�of`the Town Clerk, Town Hall:bids and uuibtt- Ee i th (}teen Ico receive sealed the p 1 y opt the ease %, :. Re- )<. .............................................................»................................................................................................................ , g ese at Town'of Taos.AlrpO►t 00. venue Bonds. In .the a g. ate being first duly sworn, declare and say that I am the (Business Manager) *Mr) of the • principal amount of , i thedfirst day iat September 1987 The Taos Ne %vill be in the.denomination of IB 0 each.`:. -'bIn '5lt�Cest .................................................................................................................................................. a weekly newspaper, y1,t1IL 1 at a rate .no: excEedln¢.s1x...ppeer �.ent (8s:)';•pe c annunt� paylble published in the English Language, and having a general circulation in the City and County 8 ,varehh,�1,,�166 iand Cseml+snpuaily i. ;„•re$itdr �nSeY..4 1 r an yea R of Taos, State of New Mexico, and being a newspaper duly qualified to publish legal notices ,y) .n!h aplaniili•ma tdtJ►>>rerially In and advertisements under the provisions of Chapter 167 of the Session Laws of 1937; that the s, `.'ar,,and' tot- publication, a co of which is hereto attached, was published in said paper mice cacti week n r:4u►ut S.tumericsl-! F;}.:, P P P P P copy iuvrs:, s.rz:..y+.te. 5i•., y of • f. S1tro00•N--',� ., 9' to ScPtetnlfM ,•t {. for............................................consecutive weeks, and on the same day of each week in the regular a t �e K�ttD .� f t hi to yays►t at+ h e issue of the paper during the time of publication, and that the notice was published in the IS Ulifte t W of Officet, tco. s the T lt �t newspaper proper, and not in any supplement, once each week for............One...................weeks ,s Said of sec y ,f1tr- uon an ,.,, ,+' utt consecutively, the first publication being on the.......318t •.day of.......Auest........ port !d 1 ga- ..................... a debt, llalii 1t��y►``ari'- a New Lion of the 7`own ,%Iexico, and shall be payable sole- 19....67,and the last publication on the.........................day of........................................................ 19.........., ome at the fiaosrA the►rgort):scilttles,whether or that payment for said advertisement has been (duly made) or (assessed a•: court costs); that ,,at said facllitiera are the pruceeed di whole or in part tram the undersigned has personal knowledge of the matters d things set forth in this affidavit. of said bonds. Said boadsleeaot revenue secured by motorpledge fuel �- rcvenue derived the authority taxes reeceived the 1967 Lai1•s lot LheaStare o New �texleo to the Q7t90 .......»»............ »..... ..... ... ....... ............ .......... ........ . . ..... extent provided by Ordinance No. a at = »»._.»�».»»•. -Manager 5m of the Town of Taos. Iit is permissible to bid different or spilt rates of interest L.provid• ». . ... - ed, however, that (i/ no old shalt se$,_ » Subscribed and sworn to before me this.............. ..L et �apccify more 'than one interest 1�12 67 Irate for eeeh maturity: (�to*AUI- September coupon rates shall be only ». day of........... .......... ... ......................................... A.D., 19........... i tipies °;�,°or oneth twentlethpof raZ »» cent ('/e• ) one per cent (its%)lselbte�emen- t.al coupons are pe1'm Bidders are requ(a) a submit ...... ..,,�.+................................... Notary Public a bid a ltyin¢- (e) the loaves rate at-Interest and premium. it ally, above par at which such bid- der %s'tll purchase such bonds or at (b) the lowest rate of tnteresi se My commission expires witch the bidder will proms ale ........» "»»' » »» " shouldbbe enclosedpin�a sealed en* Pebruary 10 1968 velope marked on the outside afro -.............................._...... ............................................................................................_................................. •Proposals for Purchase of port Revenue Bonds. Town : Taos, New pteYtco', and addressed T ��Clerk. Tmvn of Taos,11ew d,bonds wilt be awarded to' l) highest and best bidder con- ing the interest t'ate or rates {fled and the pre1znlum otter- ; any, and sub(ect to•t e of the Boa*d o t an yy and sit bids-and read- lse. '1 tit by dsductingvlB the ;ermined by Premium bid,!t any nw.ntat the pro a u the total amount omt the dlatt 1 .qu :cd to be p - It a bonds to the respoetivs ma n rate or it, y dates a cot the coupon .,i1.s Specified In the proposal. id said bonds will be awarded on tie basis of the lower eremuit )areal cost: The p Pay accrued Interest from the date of the bonds to the date of de- livery.The bonds will accrued in teresi. norashatl any discount or commission be allosvd or paid en c the sale of such bonds.rThe Town of of Taos reserves gthe P infor- mality of any bidutarity or Ali bide shalld bq sealed and shall bc, accomianted by a deposit certified per eck cent, ot theeam a n of tppremlum)(wblCh sLhall be turned tite eucciesitul bldd r shelf fa l or neglect to complete the pu AV: at said bonds within !o Y - (.i5) days following the teriri 'acetp- tance of the bwlthln'. are.oftereb days after"t!#� ever is lst- tor dellvery�r i the.deposit eba�S , ,gosrrel' ot;: ."V''!d a .v�a•t-� r' ,y#�fS ir'sa� a 'u.�.i��,, -t�'rya k...,�a;�• tivskt.���.S� f a { F b gt3Q t I r.�t� and 40' teed"' onatthh acttan awa nth ii tt L11> t tr sYOt c -, a i e twen}� fo11Y, tilt Oitatiori;ppU,th'sAttt, sOribett Q�aZt►e'4o►� bld�l:De111 !; c glut I►10de'tb ! 1iYlS Me%tC0 v }� ry t i u bat1'TIA ; Ne ,sad+a� rtb� fdtne;E F ttrs a f 1. Qr.�el�ew J A i�rtbyy�cve'ara 4 i to dt,the l e�tAriO `'otmtbkbtt"bi�i; k. tOrdi� fortvtt t a yt.-�N '�s ` Lug t let' tbbal bXvl;=tb ;' :sgccq�stu esR Yit+1 1sQ WdUrf n t rtgbtxtby ,U11et� 1�'-_,; y1-�'!< a rard•. u .��� � e 3MAQ g��tOVVri' k A bi ibb�lf it�hc° old"-!d On: r n � M hied`, � t�....•; !"`�s�fgtari�ib�,: 46 �► �' rFl,:,ptv►r K d� Dona , n WQ 0 0 1 i�� i t fe ems• ��pt, �.,. b tun „ t �tuft AIR it>��A; " °1� s r.ay �[JYj A ,. i ra,•h mnturn•. �" •...._ Irate for t. -nut' 1�12 coupon rfilct shill hr ("'IN' trt• ' liples of t.rtle•cigilth of o[le t rnz ;._...................._.. day of........... ......$etember A.D. " ....?. rent or one - tt.entteth of one per ('rill i ll2n'e+. til;pplemen• tat rr,upnns fire permitsible. , to .............»-... Kidders arc rrquPA ►the Flnb ett ital ;....._.. •� ......V':i ,ti„� abid r,, Fit(- r,g ..........t...................................... rate of interest Ard premium. if — -� Notary Public Rnv, abn%c por at ��hirh such b1d- dcr tt'Itl pulr(.hase such bonds; fir tb) he lm�pct rnte or Interest fit t ' 1b) the bldrler Nt'lll rurchasP •.••••••......•••.._.........._.. ._ My commission expires said bnnrla at pnr. I roposnl% should he cnrinsedttin 8 sealed en- Febru$ 10 1968 velnpe marked ................ 1 „Proposnis for Purchase n4 Air- ........... ............................................................................. part {tevenuc Bolld%, Tm%n of Taos, ;,eNV Aiextco', And addressed to ...... ... .............. ....._...... . ......... Town Clerk, Town of Taos, I\e`%' Mexico, Said bonds \fill be a Rrded to highest and best bidder rnn- 6•cring the interest rate or rates r i,ecified .,tild the cu jert No lfh[e !{l, if Ally, and r;Qnt of Ine f3uard of Trustees It'Irejecl any and all bids and read- verUse. 'fhe b deductingll be y the lelcrmincd b ar,tuunt of the premium bid, li env, from the total amount of intrresl required In be pant from the date to its rialesat the couponrralve nlor rates specified in the prop,11, d sail[ bonds ��ill be atvardet,on an th, bHFiF of the Iotcest net in- �C,.St cost. The purrhnser must wz .,accrued interest from Ill'!dale of Ir.e bonds to the date of de - liven'. The bonds a'lll not be sold for less than Rit lI and diiscount or terest, or FhAll Rn,' commission be allmt•ed or paid on the sale of such bonds. The Tott'n Of Txus 1 Any irregularity le ororNse infor tvalcing an•' mallty of Any bid. Ali bids shall he sealed ond shalt be a`rone1anllrltlbe�a(RSh deposit of fleC P u sh of rertlfled ('heck, of the aril the hits Iprinripal an,ollit plus premiums tthieh shttii be retui tit If the hid is not accepted; the successful bidder I fail or neglect to mp colete the pure the 4 accep- five said bo[t folloWi lg forty (tanl dR)'s lance of the bid lnr within ten days After I L, bon s are ever Is for dell:er}'. er1. the amount of the deposit shall be forfeited to thr I' atilt in that event the Huard of tTruntrcF n1L;: '"Opt tt • bid of thr one making the next hPtil�r Itoard a,f f bids nl•r rejected. +'hnn cclt to nil tl pestnme. maln- opr As herein provided for the on21.• 1 Advertisement. if there he ttco or more eqqual bids Rod such land f are nottile l Will cskthan ipa r ra ndi R c- ('rued interest, the Roard fit Trtts Ilcrs shalt dctermtile tt'hich bid shall he at•re The Rn�ardin ptcd.Tthet bondsllorare, ke action a g All bh s not Inter than Jectin plrtrtt) 'rutilcttttttners Rrhereineprr- Lrribcd fir the I )0n( of the bltls. Delivery of I ,,I I der\ill lip inntic In the surccs.f Ctclt\lexiC". some bard: to 'fans. N. 'W. t•Isr,Nhcre at Its rc4tte. Rnrl Al its expense• ,etnlce oflihethidp`if of the Acre{t for Anl,t i ►tin 11fnrt fivdeer. dRvs l Ilie Made ,,Ue,."Sful bidder shall 11 % the rifihl to purchase said bonds dur- ing the cuccecrlinn thirty or'fit the re- on the Same tert . ssful bidder, quest ofsaide succeeding thirlY ;jn�angthe stood faith deposit \Vitt he returned and both the Tn\vn And said succv foul 1)Idher er \%-ill be rehevrrl M Rn• Tile, roved byo�IeslsrsbSIRndler hr ape ICpcel Wild Santn Fe. Xe\v Urvk•n. ��'hike hnse us.nquahfted opfn- inn. together with the printed rip bonds and a rl nnttec lingsta i[l,cludt of the liPon1 p' int a rertifirate FtatinF lhRi fin litigation afferting tile ttllfflbelturf the hinds is pent►m ' without the purchaser charge. BOARD OF TRUSTM5 gTMl FilOF T SOanch� hiEXICo .,savor tCF.A1.1 ATTE--T c! CarolTo`R. Pnerk (Le gal. No.509.Pub.Ault. I GALLEY ONE—Legal No. 503-- U1tD11VANCD vU. oSu AN ()IWINANCE P1tOvlOINl} l�OR THE 188UANCL OF I3ONll8 I'U S 0 4'NT TO TH1 Affidavit of Publication 4o a,iHT SEQ-# N.I A�1953 (p.s.) To ENABI.IB•THL TOWN State of New Mexico, pl+';T 08, ITS TA' L,3> CONSTSU R 1 as. BE I s g�' Oy o RL County of Taos I TAOS, Mows: seen rQ ` 'to pro- Keith Green vldte t t nstruc• rt fa- llt y,j (the e . Town. ti; be- being first duly stvurn, declare and say that I am the (Business Manager) (13f1q of the halt ,.e and sell ndln t- said. re 00; p The Taos News Series ........................................................................................................................ .........a weekly newspaper, Dpata nt o ! published in the English Language, and having a eneral circulation in the City and Count sepptetnber 1 Seaton 7. he tioitdt fisened and P gg g Y Y s alltabned I..� stblatb� slto of Taos, State of New Mexico, and being a newspaper duly qualified to publish legal notices n mxe�of aC►l�it es,lorat and advertisements under the provisions of Chapter 167 of the Session Laws of 1937; that the n ri.. eri>Vk nano !%-w 1 or of publication, a copy of which is hereto attached, was published in said paper once each flee); or part'•with t1rlld tote;bond•Issue, 'The•n n ome tronM1.the.fadilithas a eratQilOne Tad Tao N� by.thcrpMort�ei,a the for................... ...................consecutive weeks, and on the same day of each week in the regular pia at fund,;1. 1• issue of the paper during the time of p►ibiication, and that the notice was published in the t Reve nu no Fun a Taw o os shalt n- onal t a¢S¢ �� newspaper proper, and not in any supplement, once each week for......................_........weeks after �' a1n- ALl St expenses?.ut7,0paratiUR•aands. tenance and S►tnent of the prin. consecutively,, the first publication bein on the........•31at da of................ ...Pu............................., ccipal of an-Atterest on.Taos Air. Y P g .............. Y t 1966. Said bonds area dditionril al, b )y secured by a pledge of reve- 19... .... and the last publication on the.....,....... .........day of..................................... ................ 19..........; noes derived frommotor hurl tax • es received underder the authority of that payment for said advertisement has been (duly made) or (assessed as court costs); that thepState7ofoNeweMexico tosthe the undersigned has personal knowledge of the matters and things s orth in this affidavit. extent ppermitted by Section 14-40- 10, NK.S.A.. 19 3 Compilation (pocket Supplement) This series of bonds has alien on said re _2/ - venues junior only to the lien of Taos Airport Revenue Bonds, Sef' 5>•Jr ........._.......... ......b,.. ' ....... c ies April 1, 1966. Nothing in this » „ „ X Manager Ordinance shall be construed to prevent the Town of Taos from applying to the payment of this Issue of bonds or the ,,,,,„„•,,,,,„•„. Subscribed and sworn to before me this...........1.8.t_ .................. •• ......., thereon any moneys of the Town of Taos which may be legally 67 available for that purpose. `` 2.22 S tember Section o The bonds of said day of.....................�.........b................... ................... ..., A.D., 19........... series shall bear date as of Sep- tember 1 1967 consist or thirty (g0) d#;l�n,,oto denomin3tlon of: 57.72 �S � �J S3. eltCt)r numbered from 1'_..»..»....»»„ r .............:.....................................�......................... i2t to $Q,bptTt lncluslve, and matur- Notary Public 1ngg t reg+atar numerical order, C $10,W.00 an the 1st•day of Sep- throe gh11984, inclusive,yand bear• ' Ing Inrterest at the rate of „ -- My commission expires able March 1) 1968, andusemi-an: ]Vbmary 10e 1968 Bynually thereafter on the first days .............................. ...... ............................................ ................. ..... of March and September of each payableIn laxhulamoneyiat the United States of America, at the office at the Town•Clerk of the Town of Taos, New Dlexico. Bonds maturing on and after Septem- ber 1, 197d, are subject to prior r order an to Inverse numerical nt t order on September 1 1977, and on t- tt �•, - any Interest pa n) date there- ;, rive per centp(6x)a otreprinmpa Notice or redemptionpp shall be pub- o clirculation In I eaTownt ofe Taos s at least thirty (30) days prior to I- the date of redemption. t' Section 4. Sald bonds shall bear the signature of the mayor of the in Town of Taos, New \fextco. and 1y turei be of thetTown Clerktundergthe seal of said Town. The cupons these facsimile)said bonds tithe •1+ Treasurer of the Town of Taos, _ New Mexico, Section 5. No member of _t In e Board of Trustees of the Town d of Taos authorlied to be Issued le hereunder shall be personally 11" t nds able epayable noleip from the sour- cc% hereinabove designed. No bond .y is a debt liability or of obli- i- gganon of the Town at Taos, New it Mexico. Section 6. The said bonds a n d y cupons thereto attached shall be; 11 in substantially the following y form: (Form of Bond) r UNITED STATES OF AMERICA s STATE OF NEW MEXICO of TAOS NEW MEXICO UE BOND cou SERiot .rao$,I1eW ric%Indebb I3o o`Taos no vied VAluetst seer on hereby Pnd lor the bets lam' %1lC.NTC \ cdnes;ges to 4 oYt tra°eptem `, OULARSiled . ` it c s, pt3SAN a Dthe tntereSt p 4VA t nnonc�a with Coupons, n teS o H4ne idenceot by(tom""i v thaw`he date per c yen�t-pn0 geP' °t ann rn day°t hie T p tb aya\e on the in eat abetng suttencou 1 tembandceentaloonth 4n Or 'e-pal ��gg ot��thtsrbo�u* action chaTreasur' with colte Town gqt. �t en�jAtice Ne L�pte1ss be r\lt�g,8, cr. onds' of Septem redeMP any oll B afte to r prior d oj area* ternbe �n`9olatC oL livefper yl on Sept `p )Yo�tih bin pnn,de sole. cpnYrnt ere°Lp shsl�CUfltYd°A ePt terestlY train an ire tltlede as the.he'. to pa,me Skit tue gon...1 Taos o nues to t port Revue TOW t the rpeetattoovls whi°to Pay frorntb °tier P es bet a111, d to malso abmatnte eance� its for all and dlechaafi„a . p[ 0 er, tticleniprtt°ctpa of Air, os. ril , wh n e`uon.t�13o dat Seas otA�hle ` lntere venue Lhe bonddl tonally pto 19�a and °n db are of revesure getice.said ha R.Pdg tact la of t derived from�rnthe 196•t°i6we of .M celvCtcr�7od by t°tl�t¢WeblexlcO to 40- + \ Chapte to ltled b� SeC lock 1 atton t th° perm i9 3 This series 1.0. 1,bi.S•A•,Len�ent)'on said rent �VocvctilsShas a lien Only1C to the lgonds. of bon ,it or 1.966 N° 1onsenue lr ere r lace pp sha con botnd APr11 sown from a P r series 1, ent of this any mobs d1in costal tee e to previcT T mnerpih t PurP°1ca,'. L fig to e le Sp tt ava tTaos older of thys y ar'd everd d agree°an�th\line bec�a keep and 1aor%creot otm t icovenants °flssu crsun t pertorrncellauthoriz�gtstexnyable is ordlnaot this bondbond le 4 abiatd agreed lj\ectibleis eere1 or anot\vhole at fannentlned. `vhtln�he Qftie bolder oCl,ril�arlrirom aald this series oaynnut IdSK to y oot ttlia of this bordthcePalcrest or..Atr- rnen 10r he, and prfnctPal of d nFund i erem ubltFntiev security part M1�dltfona1 t�i his pLed' e for bond�LrucUnF an t trn oo�n 1 - f con fac111t1es of Ara is Ise 1 1 1'fg ra0p stN cl compl1&Aµs wot the sUe altlutionew\rcc tllledhtOat rgs rel Con of N b and taicLion ro dtllobereI cts e t n tt14e'1ja D ned clulrecl of Ythe to have rtied, prC- I.a\\'to e.ctst.been�tiet fasuan eped, IioI tt to\and In have 1\nPP and t cedes exlsL, U formed ch this ra a be of l,ondys llmliatt°a and the issue , ever tttutlon an that a Cons F the this is one by th '�nA slbc,ot saiF,9tatVI Idexico. riUY «k, ne IN �otTT bond to\\titri ills;coK Towq\d this seal St her iolL¢nnCxC� ;w. eau c or attested p,4rz+tcP se CouPon tacsteainurcrgnas and t S%111c `Oth TOW11 �\nbtr. 9(i7. 11° of of• of Sign) o[the 1st day (Do n iiayot (5 V.Do not sign) c ClerK Town of t,uP$. -.» Lon rorm �er ...��sZ• and ... NO' Series)te,Pd Ybof '\aarchthCaCjied t On the 19........,ut\Ie;S att rl. loP"emcb a has bQenTovn ole t°state it riQacmPtlon. tot'raOs WY Townthe in the C M8X1C Co. of %be,714Pw be hereovt eurec,tTO`vounti��he am the TjArexlco t�eranotrom C1 r. MIL ' tton� ,#�t� D. 4 fir- 1d � A � ° oa�np�a8on ;• t►�► 7 tl� .y IS tY ''4.;8eou° dtedr Sn • ,said- �ntb�?�, � �e Clt y.WOO sM�a � o{VRr`�� 1 (r oil-rot It nunu. L'T;1'1'1?h STATl•:', OF VMERiCA Mayor NI:\\' MEN[") ($F.A Ll ToW': (IF TAoS. NEW NIFXICO (Do tint sign) u:I'.>trt' r.t'\'f'Nl'}: BON(' sCRiGS fii:PTl.�1BEk ].1.Isn7 TOtt'n CJcrk 'The '1'nt)Jn cif Tans, ht till Coup- NO. ...... rrurm ul CuP�................... ty Of Taus, ',fair fif ',etc IndebMextr0, Feiies September 1. 11t67 I III II, y wIcnn)J•.iedges its lndebt On file 1st day of March and t collies, and foil value rcectvecl, Se temtler, 11). ...... unless the bond �prontlscs in pa;: in the bearer Otl top vrhuh fills rttpun t� attnwhed the 1st day of September, 13—,: If callahle has hero called for pri- 1 the sum +f or redemption, the Town of Taos. �States uNE 'i'i1M`,AND DOLLA1tS In the t''+unty of Trios and Stale Ja fill money of the Unitedof here \irN�ro, a111 pay to the Of Amerlra, with Interest bearer, nt file office or the Town ihcrc••,n as to hereo,Idf by coufile ons.rate Treasurer, Town of Teas, Nett tram rile dill(. hereof tit the rate ,. Mexico. file amount shrtyn hrrcon �of ------ per tent ;In lawful money of the United pcl annum, payable seml-annually States of America, solely from the On the Is dnc of March and Sep-' fund designed in the bond to umber In (.,left year, both print'I-' which this cupon Is attached, be- pat and Interest being payfihle' Ing interest then clue on Its Air- upwt plesentatlon AM surrender' port Revenue Bond, dated Sep- Of thl`Ilhuut rderlu th nopfur ceN•' tember 1, 1967, bearing No............. I,ntt, !Facsimile Signature change or collection charges, At Town Treasurer the (tfrive of the Toren Treasur' Sertlon 7. For the purpose of er, Tmis, Nety Mexico- additionally securin the payment nand% of this Issue maturing of such bonds the Totvn Pledgesp on and utter September 1, 1378, the receipts of motor fuel taxes tire subject to prior redemption' rocelved under the authority of on September 1, 1977, and on any ^hnpter 170 of the 1967 Laws of interest payment date thereafter, the Sinte of New Mexico. Said re- nt par�rltls a premium of five per ceipts shall be placed Into a sink- tent M"r) Of princil'a" trig fund, held separate and apart payment of this blind end in- from other municipal funds. When terest thereon shall be ntnde %Ole-' said fund equals 1239e of the prin- ly from, and as security for such, cipal and Interest requirements of pat•tnenl there It; pledged, a ape-; the Taos Airport Revenue Bonds,' curl fund, lclentifled as the "Air-, Series April 1, 1966. and this tc-I purl Itevenue Bon%1 Fund", Into, sue for the fiscal year, any addl- tyhlrh the T'otyn of Taus coven tlonal revenues from motor fuel nets to pay from the revenues In. taxes during that year may be he derivedfrom the operation Of transferred to the general fund its airport facilities. after provis- to he expended as the Board of lloll for till reasonable expenses Trustees mat• direct Moneys In Of Operation anti maintenance, the slnking fund shall be( trnns- sums sufficient to discharge, ferred semi - annualIv to the often clue, the principal Of •+rid Airport Revenue Bond Fund. IAltet•est on Town of Taos, Air Sertlnn S. Moneys Ill the Air- t Revenue Bonds. Soles April nort fle:enue Bond Fund shall be 1 t�1:G, and on the bonds of this first itself to pay principal And soles. Sold bonds fire Additinnatly, interest on the bonds heretofore t secured by a pledge of revenues and herein issued according to t derived from motor fuel L e-, re- their terms. pelte-I under the Authority of Section 9. A reserve fond to be Chapter 170 of the 1967 Lnws of, ktiottn 11s "Airport Revenue Bond, he Slate of New DteNlco to the' Sories September 1, 1967, Reserve 1 extent permitted be Section 14-40- Fund" Is hereby created. The sum .1 lo, N.�tiS.A., 19i3 Compllntton l of Ttcn Thousand Dollnrs (52,000.- r Pocket Supplement). This series' full from the proceeds Of tile sale Of hands has a lien on said rev of this series of bonds shall be r enues Junior only to the lien of, Immediately deposited tit the Re- r Taos Airport itevenue Bonds,I scree Fund. Moneys In the Reserve j Sorles April 1, 1966. Nothing here-' Fund shall he .used to mnke ul) c In contained shall he construed' 'Ally defivienry III the Airport Road e to prevent Ulc Town from apply-: 1 Fund for the payment of principal t Ulg t0 the Payment of tills bond of and interest on•thls series of e ur the Interest thereon, any nlon•, hands. Moneys In the Reserve eys of the Tottn tchlrh may be ��tlritd may he invested in direct j legally avallable for that purpose. gallons of the United States, The Town of Taos, New A1exlro, Section 10. No bonds having a d agrees with the holder of tills lien superior to the bonds here- '' bond and with each and every, In issued shalt be issued while rf Person who may become the hold-' err (it tstthe ndltboadt; herein hrtting Ien cr hereof. that 1t "III keep And; t 11crfm•m all the covenants Or tile- 'lion equal to the bonds herein is- as nrclinance Authorizing the lssu•' 1"""""'Town may be Issued at any time stile Of this bond. 1l is eNptcsc - is not in default"in the Agreed that this bond 11, payahlc Payment Of principal of and in- An•I roll(.ctlhle solely as a hot le—Nle—NI. nn flip I,wls t,ervin mentioned, whether or not said Section 11. 'Clint if arty one or facilities Are financed In ttho)e more sectlons Or o pacts f till., Or Ili part from the procerris Of ordinance shall Irp adjudgc•i art- • this •erles or hnnils, The hnider enforceable or Invalid, s1wh lad;- lOf tills pond may tint look to Any ment shall tint affect. Itnpalr or � nefal or other funds of said Invalidate the remalning plOvls- Tnttn for the payincnl of the IO:ls Of this Orcllnailre, It bring I,rinvipai of or Interest tin tills the Intention that. the varlvus lohtitintlon, (other than the "Air• proclslons hereof are severable. In'L Revenue Rand Fund". And. Seelloa 12. Ail Ordinances fir. hr Additional securlly herein parts of Ordinances In conflict stated. herewith are hcrehy repealed. Thlc bond 1s issued for the pur• Section la, This co(1ltiroive Is Ii11)Jose of rnnsh'urting An•1 ImprO%- hc1•eby declared to be an enter- 1, Airport facilities of the Town gency orrilnanre and It shall Ile If '1';In.e, Nrw \1c,\icn, and is is• and remain Irrepealatile ut,t11 the surd In shirt cOmpllanve wlth till said Airport Revenue Ilon•Is, ,cr_ ICnnsfltutlolt and Laws of thc' les September 1, 1967, and rite bt-I Slnle of Nr ,Iexlvn. forest (hrrcon, luctr• been full} it Is hereby certified that A11 {�rid. sntlsflerl and discharged as; I+cond;ttons, acts and ihings re• ]Ierela prl++life 11, lqulred by tileWITNESS Constitution And: IN ITNESti ll'itEitEOF, lilts La)Jvs of till, State Of New 11CC•' 01-flintin'e etas ndupted by the lien to eNlst, tO have hnppened affRmirUcr t,•ir of three-fourths nd Ili have Ix•en performed, pre. ,f all the memhcrs (of the ivaird �redent io and In the Issuance of „f Trusters O t)Je Ithls I-Ild, rvlsl, have happened, the Mayor yOr ol• wid hnyr bren pperfnritic`1, And 1nA11on 'ni'l-ro"(1 by � 1h;Il the Issue Of )rands o r,f f tthfrh sold "WIl all.) i,ttcsied by the this is One within every llmitatinn C'1rrk. and tilt (.oily^foie scat of ccrlbrd by tile r',nstihttlnn a .• s;rld 1'tw n afrthed, on this �nd' �.Ints of said Statc, day of August. 1967. 1.\' N'1'1'NF:FS 1l'111if1F.f1F, the AiTIVIt'ED: t'Tmcn of T'nns, New Mexico, has s. Fllrno trt Sanchcz irntsrd this hand to he slaved b}' ?incur ;Its �la;;m, sealed \vith its ror- 0SEA1.) 1-1,11r seal, attested by Its Cleric. s Ca'„,'n R. P' 1'r and UtO c•cnlpoins herclo annescll Town Clerk lu l,e si;;ncd tc lth lacsimllc sl�na. r Legal No. o0s. pub. Aug. lure of the Prawn Treasurer, as 0671 of the 1st clay of September, 1967s. (Dn not sign) Mayor (S 1:A L) ton tint sign) GALLEY ONF-Legal No. 508—. �11tI1iNANl11, .rU. bsu AN' ORDINANCHC PROVIDING FOR THE ISSUAN06 OF BONDS PURSUANT TO N Ii Affidavit of Publication 1'ROVl$ION6gO�k'SUCTION 14- 40.9;W 8B N.M,S.A., less (PI TO�A'11L19 Tti1C QOWN boNspgpp$ ITS State of New Mexico, l � 83• CILITY ( QQBF' TOW OF County of Taos ) as, follows: Seat ,►rdRr to pro• Keith Green vld�f vfrconstruc- I. ....................................................................................................................... , ling t>f IlirpOrt fa- cI ity, being first dui sworn, declare and say that I airs the Business Manager) (lLtlf2W of the Town ex"a n b- g Y Y ( 8 Kali o ' ltg� ue and Taos Newe sell th ' pon; nds of saidre ato,princi- ..........................................��......................................................................•......................, a weekly newspaper, °l RIO 000 00,`Serlea Sepptem er^ ;►Aid published in the English Language, and having a general circulation in the City and County Section 9 Klte,bottda Issued and ,sold all:be able:both as to of Taos, State of New Mexico, and being a newspaper duly qualified to publish legal notices prinei at>:and" t�l from the net in omr:of, Ae liltleg located and advertisements under the provisions of Chapter 167 of the Session Laws of 1937; that the at t M i¢Rrat tAirport, whet lr.;or.not ana hol publication, a copy of which is hereto attached, was published in said paper once each week ol this in bond, =with he Income this Dond lsaul.'. h ;.c. income from the faeilitleWopgratted by the for..............One....................consecutive weeks and on the same day of each week in the regular Town of Taos;NeW ex 1C at the Y g Taos,Munlo WAlr rt's a14'be y''.` 4i N placeA In a� ecial:Wnd " prltdtl- issue of the paper during the time of publication, and that the notice was published in the edtas th ,'c rpDoPt-liavetlti♦;:,Bond Fund", hrfdr>,tfia*Tow 0f;.Taos shall pay'fMti%,said the Pit n- newspaper proper, and not in any supplement, once each week for................OWe weeks clgttl an to 1t', h boAda, If 4 pl�9tlito a atonable expeh te-.cf;-op4rattolt"and;main:aan(id-paymeil!:of.the.prin- consecutively, the first publication being on the.............3letday of................�ttgu8t.....-............. ., cipat ot:ari:Interest:bn:TaOt,<AI port.Revyclua:+BOnd>f,-Sarfes=ADrK1 1, IM Sa 'xtl tlda-aft additional- 19........... and the last publication on the................... . day of.... ......1 19. ray r t.mat r ar'rev - p y luesedervded• i�i.mOlxir�fuel tax- es.received u bdet•.thbXauthorltY•of that payment for said advertisement has been (duly made) or (assessed as court costs); that Chapter 170 of the 1967 Laws of the State of New Yexico to the the undersigned has personal knowledge of the matters and things set for this affidavit. extent permitted by Sein 14-40- 10, N.M.S.A., 1953 compilation (Pocket Supplement) This, series of bonds has a lien on said re- venues junior only to the lien of -- TaosAirport Revenue Bonds, Ser- .......~_"."..................... .................................. .. . .. ................. ................ ies April 1, 1W. Nothing In this it f _~55'_»_». -Manager Ordinance shall be construed to prevent the Town of _ let faaue of bonds or•the Interest ~ ~~~ ~- ~ •- Subscribed and sworn to before me this................................................ thereon any moneys of the Town of Taos which may be legally available for that purpose. $•~ 2.22 day of eptember A.D.,19.6?.... Section S. The bonds of said .... ................... ....................... gerlet, shall bear date as of SeiSi• (e�mpber ds In i1l967 4z Waist Inutionrof ;."...57.72 51,000.00 each.:rid � from 1 .-.. �Lti G'`.t'4��...................................... to 30, both 4nclu Ipatur• Notary Public 1ngg In r.gu ai'+i goF o er, S10I .00i'on,, 11t` yello Sep- t o�ptrh 1 ° slues,.anara be Br- Ing,fa�tarestst ;rate Dt,.. """""""""""""""" My mmission expires r. dt annum, "ay: pe (. ` pp Pebrua 10 1967 able March 1, 18¢8,=and semtpan- � s 1 nually thereafter�owthe first days .................................... ..................-........................................................................................................... oV arch and September of each year, both principal and. interest payable In lawful money of the e otticedoftthe TownmClerk of the I Town of Taos, New Mexico. Bonds maturingg on and after Septem- 'i-;, per 1, 1978, are subject to prior n' .;• ?'' t,t•.,n c redemption in Inverse'numerical x-' rder on Se tember� 1977. and on k' '•t_:{:; i. ny interest payment date there- • �s { i, iter at par plus a ppremtum.of � ,e per cent (5%1 of Drincipal. o ii•lf^I In redemption newspaper of biters rat ri atlon in the Town of Taos prior to s at et thirty V days f- tP c e to of redemption. •--~: �;•,,�,; t' Sc ti'i it 4. Said bonds shall bear the b.6 u.ture of the Mayor of the �� . n Tows ,d Taos, New Mexico, and .:,•,. Y aha1i be attested by the atgna- r +� ' lure of ti Town Clerk under the F; •rl seal or ..Id Town. The cupons attached .o iatd bonds shall bear the facsin a signature of the �t 10 Treasurer the Town of TAOS, New Mexico. Section 5. No member of t h e Board of Trustees of the Towr d of Taos or any parson executing the bonds authorized to be lssued t hereunder shall be personally ll- able on said bonds and all bonds are payable solelyy from the sour- Is a debt,liabilityeo��Iene at obll ggatlen oII the Town of Taos, Ne%% `texlco. Section 6. The said bonds a n d cupdns thereto attached shall be I In substantially the following form: (Form of Bond) UNITED STAB OF AMERICA STATE OF NEW MEXICO 1WN OF TAOS N . MEXICO AIRPORT REVENUE BOND _ SERIES SE ER 1 0�00.00 V Th Towri of T4os,in the Coulk ty,of Taos State of New 1�LeXIeO, hereby acfcnow led ge its n sib- edne,ss, and for va ue lit) I a to pa ' :bearer On 1� 3 e t)t3AND'i DOLf:�1ilS, - :blY�tVtal; n y:-6t`r• i-". Jte`� 8tesoi^AereWJtBiiltisz dhereon•ae:.evIdencld..bfY;,cotlp°ns; from.the date hereof'& ;the rltte o[ per cent,.( per annum, payable semi=nnnuaV tin the 1st day of March and Sep- tember In each.year; both princi- lPul and Interest being payable upon presentation and surrender S ot this bond, or the proper cow• " Pon, without deduction for ex- thangc or collection charges, at I. Office of the Town Treasur- er, Taos, New Mexico. , Bonds of this issue maturingg on and after September 1, 1876, are subject to pprior redemption on September 1, 1977 and on any Interest payment dale thereafter r.}-•� �y: at par plus a pretnlum of five per k cent (5%) of principal. Payment of this bond and In- terest thereon shall be made sole- ly from and as security for such payment there is pledged a spe- ; clal fund, i(lentitied as tfie "Air- ; port Revenue Bond Fund", into which the Town of Taos coven- nnts to pay from the revenues to be derived from the operation of Its airport facilities, after provis- ion for ail reasonable expenses of operation and maintenance, •�'; sums sufficient ,jo discharge when 'due,. the principal of and ` Interest on Town of Taos, Air- ; port Revenue Bonds Series April : 1, 1966, and on the:bonds of thin':y£ series: Said bonds are.additionally secured.by a, pledilcof revenues derived from motor.fuet-taxes re- ceived .under .the;'authority ,of Chapter 170 of thq 1967 Laws of the State of •N Mexico to the extent PP�ermitted byy Section 14.40- 110 N.M.S.A,`::1959 'Compilation (Pocket=Supplement).' This series - of bonds has a Ilen on said rev- enues yunlor only.to the lien of r Taos Airport Revenue, Bonds, Series Aprlt•l;'1'966: Nothing here. In contained be:construed e to prevent.the town from aPply- t ing to the payymme�nt of this•bond or. the lnterest.thtroon, anymon- - eye of:the�Town ywhich may be legal) avaitable•dor that purppse. q. The:Town of:Taos, New Mexiico, d agrees with the holder.of this ) bond•and'wlth:each and =avert t person.who:nay beeome the hot d• f er hereof, that It will keep and " perform>i11 .the covenants of the s ordlnvue authorising the':111V r, ance..•oL•11144bond.�.It..iK eXArestly, e + as►eed:-that this bond,fi payable . and collectible`.solely-,*-as•abo a Monti44ned;•whether'.or not sold x facliMes::are financed in..whole or in.part_from"the proceeds of this series of bonds. The holder of this bond.may not look to any general nor:other i funds of said Town' for the payment of tl�e . principal;ofVor-Ingrest• on th s obligation, other :than the "Air- f port Revenue THond -Fund" and the additional; security herein stated. This bond 1s Issued for the vur- ppooae of constrruucting.and imp vs'. ' (ng airport facilities of the Town of Taos, New Mexico, and is ls- sued In strict,compliance with the iConstitutiont. and=Laws of the State of New Mexico.: It 1s hereby certified that ail cond)tfo r,,•acts'- and°•things re- quired by ,the Constitution jsnd Laws of the State+of New Mex- Ico to exist, to •have happened and to have been 1perfoXmed, pre- cedent to in the Issuance of this bond, exist, have happened and have been performed, and that the Issue of bonds of which this Is one within every limitation Lrescribed by the Constitution and aws of said State. IN WITNESS WHEREOF, the Town of Taos,-New Mexico, has i caused this bond to be slitttned by Its Mayor, sealed with its• cor- rorate sea], attested'by its Clerk 0 :he coupons hereto annexed xlgneQ with facsimile s)gns- ct ,the Town Treasurer as 1st day of September, at967, (Do not sign) A J Mayor ~ not sign) Town Clerk (r'orm of Cupon ........... ones September 1, 1967 ie 1st day of March and ver,19......... unless the bond ch this cupon In attached ofe has been called for prl- :mption, the Town of Taos, - County,of Taos and State +y., s' Mexico, will Day to the ,. at the office o[ the Town j,irer, Town of Taos New .co, the amount shown'hereon {, ; es of America solely tromp the Id designed in the bond to :Itch tals cupon Is attached, be- g Interest then due on Its Air. Y: ort Revenue Bond dated Sep' tember 1, 1967, bearing No..,„:..»... (Facsimile Bignt►tun. r Town Treasurer... Section 7. For the purpoar oft i additionaliy seaurin the paYmant Of:such bonds the Town pledges f; the receipts of motor, fuel taxa received under:-the:authority.. } Chanter- 70'of the 1967.Laws•o g.sta� of NewyWe a&�Said re- �>s�l::�t`"t lt�ttrj,,tnki i iunc:'new-1+ rsrsr 1nR at funds. p ; from other munle 4 of t e bf said tend equals 1 cipal and I tepprest R�and tsondi the TaA rilrl-]966ear, any addl- Sort oa p motor fuel ?i sue for trie fiscal y ear may d tional rerl that t general tun taxes durtn t e guard of 1 1oa ye expo ded tsi 'Cruatees may direct. Iutonety n1s the sinklnK funannunl)Vb to it h e ferred semi y AISectlon ageoMo ayosdtn lithe Port Revenue Bond Fund shall used to pay princepatoto Q antefirs actor Ing „ Interest on tisiuednds h � i and herein their terms, i' reserve fund to be }, Section a; it ort Ri 7 uee$0erve known as A D The sum Series September created. Fund" is hereby of ftl)from thesProceDbo s the sale of this seric�e➢osited to thelRe': eermeedFunAyMoneys In the Reserve any deficlencY in the Airport Bond to Make UP Fund shall be use tot principal Fund for the paYm this series of of and Interest In the Reserve bonds. Moneys Fund may be Invested to direst obltgnttona of the United States. Section is NO bonds havittftere rs lien superlor to the bonds . chile ' In laved shall be Issued Issued :any. of the bonds gondaehavin6 a j are outstanding, at any time lien equal to the bonds herein hf s sued may be issued t , the Town tF not In Eofault t payment of [ I ternst on the�M►at any tt9 i �1. ti` 5ectfon n br OrodCe secttl data li . enforceh e-noV.; ` ment shill hot.;. I nvalidate`:the Ions of this �thataf w the intention provisions hereof are s p:Section 12. All ordinances or. conflict U. arts of or repealed. perewith are hereby lnance is K 1 h Sg. This Or nonce Section to be shall be hereby ordlnitnce and it gencY ealable unto the r and remaortleVenue Bongs. Ser- 11! Ieid5 Ptprtber 1, 1867+ tieenhe In. +i?l� terest thereon, nave fully paid, satistled and dlschargedtth8 10 herein 4 TNT WRipted F.b WI adopted by {, Ordinance vote of three-fourths ratfirmative ember$ of the Taoe 0t all them Town of of Trustees of the Ma or New Mexlco- and after Thee bl aym- ination, approved by by the of-said Towthe corporate seat of+,,,. clerk, and affixed. on this of said Town ust 1867. $+ day of AugAPPROVED: :: a/ Fl hi yor5ancnez :. n4' it �(SF'AL)n R. Prtrr clerk Aug. 31, P r d� ti y gg TO N0. 5086 Pub. (967) 1 'r,1T1:5 OF A\1f::RiCA „f' NEW Mfi ]('U tort" r.I 'tic T„ttn Treasurer. as •RAV'. OF TArt` NEW NlF_XICO ill; file 1st day of September, 1967.; 1,17V :NUE BOND tDo not sign) 3+Lltli:.� 1,EP 'FNIBI5R 1, 196T , 41.000.001 Mayor I't+• 1 turn ,,r Taos. In the Coun- (5 F:A 1.1 Tares. stale or Nrtti Mexico,) (Do not sign) )tree 1+} kwkno«ledgrs its Indebl- r,l w,, and for value reccited.! Toren Clerk i}• rnnr�r•s In pay to the hearer on (corm u1 Cupon of September, 19—,' NO, . ......... .. 5................... of Series Septembrr 1. 1967 u:<F THOUSAND DOLLAitS On the 1st day of ~larch and i•, ia, f•.il money of the United September, 19........ unless the boned tare., of America, tcfilt Interest to trhlch this rupap I.,; attached +i,I;I, u, ,rs etidented by coupons. If callable has been called for pri- fr+,rh the date hereof at the rate or redemption, the Town of Taos, of i - per cent r----r,I in the County of Taos and State l,rr annum, payable semi-annually of New Mexico, will pay to the „+. III(, 1st clay of March and Sep- bearer, at the office of the TOwrl Itemher In each year, both prhtct• Treasurer, Town of Taos. New ,1+;+1 and Interest being pa}•able Afexico, the amount shown hereon lul� ,i presentation an-I surrender in lawful money of the United ;of this hand, or the proper coil- States of America, solely from the pan, ttIlhout deduction for ex- fund designed in the bond to �ch:rngv (it- coilecllon charges, al which tills Cupon Is attached, be- the c)ffice of the Town Trcasur- InR Interest then due on its Air. er. Taos, New Mexico. port Ret•enue Bond. dated Sep- Bands of this Issue maturing )ember 1, 1967, bearing No............. op and after September 1, 1978,, (Facsimile Signature ,rr subjert to prior redemption Town Treasurer on �eptcmbcr 1, 1977, and on any, Section 7. For the purpose of �interest. payment date thereafter! additionally securing the payment Ill. par ylus a premium of five per of such bonds the Town pledges runt (•,��I of principal. I the rerelpts of motor fuel tares Payment of this bond and in•' received under the authority of trust thereon shall he made sole-, Chapter 170 of the 1967 Latcs of IY from, and as security for such I the State of new Mexico. Said re.- I,ayment there Is pledged, a spe• ; relpts shall he placed Into a sink- On] fund, Identified as the "Air•+' I1ng rued, held separate and mart )port Revenue Bund Fund", Into Tram other municipal funds. When r hh h the Town of Taos coven- sold fund equals 125% of the prfn- �;unis to pay from the revenues to cipal nod Interest requirements of ,he derived frorn the operation of the Taos Airport Revenue Bonds, ita Million facilities' sifter provls•. Series April 1, 1966, and this is- I htn far all reasonable expenses sue for the fiscal year, any addl- of operation and maintenance, fional revenue% from motor fuel sums suffirlent to discharge taxes during that year may be whrn due, the principal of and transferred to the general fund ]interest on Town of Taos, Air- to be expended as the Board of ort Revenue Bonds, Series April Trustees mat• direct. Moneys in 1. 196G. and on the bonds of this the sinking fund shall be irans- arrlrs. Said bonds are additionally ferred semi - annualiv to t h e serurwl by a pledge of revenues A Sperli. Revenue Bond Fund. ir- derltrd from motor fuel taxes re. Scrtinn B. Moneys 1n the l be c•elyrl under the authority of Wort Revenue Bond Fund shall be chapter 17n of the 1967 Laws of; first used to pay principal and the State of New Arexleo to the Interest on the bonds heretofore extent prrmltted by Section 14-40-1 and herein issued according to i tit• N.M.S.A.. 19?3 Compilation; their, terms. l i f'nrkrt. Supplement). This series, Section 9. A reserve fund to he 'tor bands has a ]ten on said rev know ris "Airport irportbirr l,r Revenue 1967, Bond. r, ervel Taos ,onforAIplo only v the ilea s, Fund" is hereby created. The sum tans Air(turf )revenue Bonds, of Two Thnusand Dollars 1c2,000.- Ferics Apr11 1, 1966. Nothing here pit) from the proceeds of the sale Iln contained shall he construed, of this series of bonds shall he f+to piment the Tmyn from ripply-• immediately deposited in the Rc- I1ny; In the payment " tilts bond. Serve Fund. Mnne%s In the Re%erar fI or the Interest thereon• any coon-' it and ;half he used to make un t els t,r the Timis which may be' any drftNcnry In the Airport Rand II-1:,Ily available inn that purpose i Ft hit for Ihr payment of principal 1'hc Toy n of Taos, New Mexico,l of and Interest on this series of �rrrs the holder of this� hnnds. Moneys In the Reserve hmd and with each and every i Fund may lie fnvrsted in dirert person who may become the hole)- obiigntions of the United States. f'er• hereof, that It will keep and Section 10. No bonds having a I per•Mrm all the rovcnants of the i ilea superior to the bond authorizing the Issu- n issuer) shall be Issued uhllr I;uire of this bond. it Is expressly anv or the hood, herein Issuers, Iri;:rced that this bond 1s payable re notstnndint. Bands having n Ian•! collectible solely as Above lien Mon) it, the bonds herein Icy menllnned, whether or not said sum may he issuer} at nnv tlmr farllltlrs nre flnnnced in whole the 'i'nwn 1% not In default•in the lor In part from the proceeds of payment of princlpal_of- and ln• this scrims of bonds. The holder, ter-at sin fi, bonds�rcin-issued. of this bond may not look to any, + e peoeral or other funds of said, more Section1.s That If yotnthis Town for the payment of the• P 1 ),rinrlpal of or interest on this: Ordinance shall be adjudged un-- ltlon, other than the "Air- enfurc•cable or invalid, such Judg ubu;;a pint tion, of Bond Fund". and ment shall not affect, Impair orJ +ihr additional security herein' lnenlidaie the remaining provls- statrd, ' tons of this Ordinance, It being) Tills bond Is Issued for the put- the intention that the various: �,aye of constructing and fmprov-I provisions hereof are severable. ng airport facilities of the Town Secllon 11. All ordinances or �nf 1';u,s, New Mextvo, and is Is-, pparts of or dinnncrs 1n ronfllct sued in strict compliance ultti the herewith tire hereby repealed. c'„nstIiustri and ).arcs It the Section 13. This Ordinance is State of New Mexico, hereby c(eciarcri to be an emer- j It Is hereby cerlified that all gency ordinance and it shall be condlllolls, acts stilt things re- and remnhn h•repealable until the I(luirvil by the Constitution and sald Airport Revenue Bowls, Ser- I ;I%N% of-the State of New hfex- tes September 1, 1967, and the in-.. !Ivo to exist, to have happened) teresl thereon, have been full' I ,nil it, have been performed, pre Fatd. satisfied and discharged as ccdent to sort 1n the issuance of l ereln prm i•lerl. this hand, exist, have happened,1 IN WITNESS WHEREOF, thl and have been performed, and Ordinance caa% ndo},ted by the f1wt the Issue of bonds of whIchl lafflrnuath•c vote of three-fourths this Is one within every limitation of all the members of the Iiouro, Lre„rIlied by Ihr Constitution and I of Trustees of the Town of Taos, ags of Bald Stale. ( Nell' Jlexico, and nftc•r due c�am- lN WITNESS N'IIEMEOF, the, illation, approved by the Mayor Toe cf •Iran%, New Mexico, has of said Town an•I attested by the. tills ht,nd to he signed by Clerk• and the corporate scinl of 1; 1it or, spit led with Its cor• said Town affixed. on this 'rid I-i'nte spill, nttesled by its Cleric, day of Au�ettrt. 1967. and the coupons hereto annexed, + A1'}'ROVLD: I,+ h,• signed with facsimile signa-1 s/ Filrmmn Sanchez ,,f file Town Treasurer, as I(SEAL1 Mayor u, the 1st day of September, 1967. s; Corona R. Parr 1Do not sign) Totvn Clerk Mayor (ti-total No. 508, Pub. Aug. 31, 19G ) iLn not sign) TOWN OF TAOS ORDINANCES YEAR: NUNIBERI.19 �� -4y �V 1; A, 0 j1. 0 1" - ; � . * " 4- - wmTi M t KY 4. I P AIN Yly b- W 10 0 1 1} '41v A f. V. TP, 164 .9m v Y od i I�,;,-,�1..1",t .�,w ; -,�- `4 r ,, , ,1 7 " -5f ;vt e,-, JG -gr phihMd"by' Lm IN of the Town of Taos on December 12, 1967 and that the title of same is as follows: —41 "AN ORDINANCE AMENDING ORDINANCE NO. 549 TO PROVIDE FOR THE RAISING OF A REVENUES FOR GENERAL GOVERNMENTAL PURPOSES OF THE TOWN OF TAOS BY IMPOSING A SALES TAX UPON PERSONS ENGAGING IN BUSINESS WITHIN THE TOWN OF TAOS, NEW MEXICO; PROVIDING FOR THE LEVY, ASSESSMENT, AND COLLECTION OF THE TAXES IMPOSED; PROVIDING FOR THE DISTRIBUTION OF THE TAXES SO COLLECTED; PROVIDING PENALTIES FOR THE VIOLATION OF THE PROVISIONS OF THE ORDINANCE; PROVIDING FOR THL -.EPEAL OF CERTAIN SECTIONS AND ALL ORDINANCES IN CONFLICT HEREWITH; AND DECLARING AN EMERGENCY." f . This ordinance, as noted, amends Ordinance No. 549 and contains the same J definitions, exemptions, and deductions contained in the gross receipts and compensating act as required by Section 14-39-1B, N. M. S. A. , 1953 Compilation- and further meets the requirements of 14-39-1 through 14-39-5.1, N. M. S. A. 1953 Compliation. MAYOR CLERK, TOWN OF TAOS 7e, FS AFFIDAVIT 0L UBI �TION onDl}�tAXCH`NO."60:1'; Stacc of New Mexico, .HEREBY, GIVEN GIVEN SS. TIi tsso ow�an County of Taos 4. r d:� o 1. .....................................K....eith..................G.......een..................................................................................................... vI °nL being first duly sworn, declare and say that I am the (General Manager) (£diW) of the 'oF , a aawi-weekly newspaper, .�M• ........................................an .....N .w ...................................... B* published In the English Language, and having a general circulation in the City and ovt F County of Taos, State of New Mexico, and being a newspaper duly qualified to publish I f F.43• legal notices and advertisements under the provisions of Chapter 167 of the Session T � !jt 7 PRO Laws of 1937; that the publication, a copy of which is hereto attached, was published V IBU. L' .......one......................in said paper for..................................... ................................insertions, and on 0 of DTHI).goat Thursday of each week in the regular Issue of i. T CERTAIN the paper during the time of publication, and that the notice was published in the news- SECTIO /CLI:ORDINANC- ES IN NtI:t FC1 .YiEItEWITFI; AND DECY:ARING AN 1 IER- paper proper, and not in any supplement, for..............One........................insertions the first GENC7t:" This ordinance, `,'as noted amends Ordinance".No.= 549 ana publication being on the......................28............................day of..D.eaemher......... 196..7....... contains they bame definitions, e%-� is ntA 1n th6-*i ona'reef ptu, endy and the last compensatintt act as required b_ publication on the...................2.$................................day of.....Ile.ae.inb.er'....., sect on : 4=39'1gg,, N.bY.s.r 'me 38 19...6. ..; that payment for said advertisement has keen (duly made) or (assessed as ComptlnkA, - and Curther, me4U the •'requirements , of .;14391 court costs); that the undersigned has personal knowledge of the matters and things through 14-39-s-1, N.M.S.A., IM3 set forth in this affidavit. Compilation. s/ Carolyn -IL'.'Parr CLERK, TOWN,OF TAOS. (SEAL) v, .r, (Legal No. 58Z PuN:'Dec. 28, 47 . ................ ........4.1..............anes, one time at $....7....0.5.......... loiter-General Manager ..............................lines, ............times at $............................ Subscribed and sworn to before me this.........12..................... Tax $...........28......... day of..............November............., A.D., 19....68 Totar i....Z.,.3. ......... Received payment, _ Notary Public ............The„.............TAPA....N.eh!.%9.......................................... My Commission Expires l3 �'�,�t4�.c.:...........: .............�'"'"—� e.bru�xy....10.�.....1.g.1.97.2................................ y................. ...... ................... -�-��- r.