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648 TOWN OF TAGS ORDINANCES YEAR: Iq 7ib NUMBER: hqA 1 STATE OF NEW MEXICO ) COUNTY OF TAOS ) ss: TOWN OF TAOS ) A meeting of the Board of Trustees of the Town of Taos , 9th April New Mexico was held on Wednesday , the kRtk day of u , 1975, at V.-le hour of 7: 30 p .m. , at the Municipal Ball in said Municipality, being the regular meeting place of said Board, at which meeting there were present and answering the roll call, the following: 40 Present: • Mayor: Phillip Cantu, Jr. Trustees : Lawrence Santistevan Eloy Jeantete Joe A. Sanchez Fernando Valdez Absent: None r constituting all the members thereof . 3 Thereupon, the following proceedings, among others , were duly had and taken: Trus tee Eloy Jeantete introduced and moved the adoption of the following ordinance . 1 ORDINANCE NO. 634 AN ORDINANCE AUTHORIZING THE TOWN OF TAOS, NEW MEXICO , TO ISSUE SALES TAX REVENUE BONDS IN THE AMOUNT OF $255, 000 .00 FOR THE PURPOSE OF ACQUIRING AND IMPROVING OF PARKING 'FACILITIES IN THE TOWN OF TAOS , INCLUDING THE PURCHASE OF LAND THEREFOR, SUCH BONDS AND THE INTEREST THEREON TO BE PAID SOLELY OUT OF THE MUNICIPAL SALES TAX. WHEREAS, by virtue of Chapter 147 of the 1969 Laws of ' the State of New Mexico, the. State of New Mexico, in lieu of municipal sales tax, distributes to each municipality an amount equal to 1% of the taxable gross receipts reported for each municipality from the monies received from the Gross Receipts and Compensating Tax Act of the State of New Mexico, which sum is impressed with all of the covenants and conditions of the ordinances pledging municipal sales taxes to the payment of municipal sales tax revenue bonds heretofore issued, and WHEREAS, the Municipality has never pledged any of the municipal sales tax revenues or the revenue to be received by the municipality under the provisions of Chapter 147 of the 1969 Laws of the State of New Mexico, except Sales Tax Revenue Bonds, Series September 1, 1969; and WHEREAS , Section 14-30-1, N.M. S .A. , 1953 Comp . as amended permits municipalities to irrevocably pledge any or all gross receipt tax revenues received by the municipality; and WHEREAS, the Municipality, after careful consideration has determined that there is a present need for new parking facilities for the municipality; and WHEREAS, the Governing Body of said Municipality has determined to issue Sales Tax Revenue Bonds of said Municipalityin the principal amount of $15,5 , 000 .00 , payable principal and interest, solely out of said sales tax, the proceeds of such bonds to be used for the purpose of acquiring and improving parking facilities , including purchase of land therefor; 2 WHEREAS, after negotiation, the Municipality has determined that the offer submitted by the purchasers for the purchase for cash for bonds numbered 1 to 51 in the principal amount of $255, 000 .00 at the rates of interest hereinafter set forth, for the principal amount and accrued interest to the date of delivery, at a price of 97 .50%, was and is the best offer submitted for said bonds and that said offer is hereby accepted . THEREFORE, BE IT ORDAINED BY THE GOVERNING BODY OF THE TOWN OF TAOS, NEW MEXICO: Section 1: That there shall be issued Sales Tax Revenue Bonds, Series April 1, 1975, of said Municipality in- the principal amount of $255, 000 .00 , consisting of 51 bonds in the denomination of $5, 000 each, numbered 1 to 51 , inclusive, dated April 1, 1975, bearing interest and maturing on April 11 as follows: Year Amount Rate 1976 $ 5, 000 5-1/2% 1977 $10,000 5-1/2% 1978 $10,000 5-1/2% 1979 $10,000 5-1/20 1980 $15,000 5-1/20 1981 $15,000 5-1/2% 1982 $15,000 5-.3/4% 1983 $15,000 6% 1984 $20,000 6% 1985 $20,000 6 .10% 1986 $20,000 6-1/0 1987 $25,000 6 .40% 1988 $25,000 6-1/2% 1989 $25,000 6-1/2% 1990 $25,000 6-1/2% Interest is payable October 1, 1975, and semi-annually thereafter on the first day of April and October of each year. Bonds of this series maturing on and after April 1, 1986 are redeemable at the option of the Municipality on April 1, 1985, or on any interest payment date thereafter, in inverse numerical order at par plus accrued interest and a premium of one per centum (1%) of principal. Said bonds shall bear the signature of the Mayor and Treasurer and the seal of the Municipality, and shall be attested by 3 the Municipal Clerk. The principal and interest on said bonds shall be payable at First State Bank of Taos , Taos , New Mexico. Section 2 . Said bonds and the interest coupons to be attached thereto shall be in substantially the following form: 4 (Form of Bond) UNITED STATES OF AMERICA STATE OF NEW MEXICO COUNTY OF TAOS TOWN OF TAOS SALES TAX REVENUE BOND SERIES APRIL 11 1975 No. $5,000 The Town of Taos, in the County of Taos, and State of New Mexico, hereby acknowledges itself indebted and for value received, promises to pay to the bearer, on the 1st day of April, 19 , the sum of FIVE THOUSAND DOLLARS and to pay interest thereon at the rate of per centum ( %) per annum, as evidenced by the coupons hereto attached, payable October 1, 1975, and semi-annually thereafter on the 1st day of April and October of each year, upon surrender of such bonds and the annexed coupons as they severally become due and thereafter until this bond is paid. Both principal of and interest on this bond are payable in lawful money of the United States of America at, , New Mexico. Bonds of this series maturing on and after April 11 1986 are redeemable at the option of the Town on April 1, 1985, or on any interest payment date thereafter, in inverse numerical order at par plus accrued interest and a premium of one per centum (lo) of principal. This bond does not constitute an indebtedness of the Municipality within the meaning of any constitutional or statutory provision or limitation, shall not be considered or held to be a general obligation of the Municipality, and is payable and collectible from the proceeds of a portion of the gross 5 receipts tax equal to one per cent (1%) on the gross receipts t of all rental businesses and services within the 'Municipality (with certain specified exemptions and deductions) which is levied- by the State, which proceeds are remitted monthly to the Municipality by the State pursuant to Section 72-13-24 New Mexico Statutes Annotated, 1953 Compilation, and all laws amendatory thereof and supplemental thereto or from any other legally available funds; and the holder hereof may not look specifically to any general or other fund for the payment of the principal or interest on this obligation except the special fund pledged therefor. Payment of this bond and the interest thereon shall be made from and as security for such payment there is pledged pursuant to Ordinance No. 634 , passed and 901 April adopted the x1c2tk day of Mamh , 1975 , a special fund identified as the "Town of Taos Sales Tax Revenue Bonds, Series April 1, 1975 Sinking and Interest Fund," into which the Municipality covenants to pay from the pledged .revenues or any other legally available fund sufficient sums to pay when due the principal of and the interest on the bonds . Reference is made to said ordinance for a description of said fund and the nature and extent of the security afforded thereby for the payment of the principal and the interest on the bonds . The bon,3s are equitably and ratably secured by a first lien on the pledged revenues, on a parity with Sales Tax Revenue Bonds, Series September 1, 1969 . Additional obligations subject to designated conditions may be issued and made payable from pledged revenues and having a lien thereon inferior and junior to the lien, or having a lien thereon on a parity with the lien of the bonds of the series of which this bond is a part, in accordance with the provisions of said ordinance . 6 The Municipality covenants and agrees with the holder of the bond and with each and every person who may become the holder. thereof that it will keep and perform all of the covenants of said ordinance. It is expressly agreed that the holder of this bond may not look to any general or other funds of said Municipality for the payment of principal or interest on this obligation, this bond being payable and collectible solely from the proceeds of said gross receipts tax. This bond is issued for the purpose of acquiring and improving parking facilities in the Municipality, including purchase of land therefor in said Municipality, and is issued under and in strict compliance with the Constitution and laws of the State of New Mexico, particularly Section 14-30-1 to 14-30-11, inclusive, New Mexico Statutes Annotated 1953 Compilation (Pocket Supplement) . It is hereby certified that all conditions, acts and things required by the Constitution and laws of the State of New Mexico to exist, have happened and to have been performed, precedent to and in the issuance of this bond, exist, have happened, and have been performed; and that this bond does not exceed any limitation I prescribed by the Constitution or laws of the State of New Mexico. f For payment of this bond and the interest hereon, the Town of Taos, New Mexico, pledges the exercise of all its lawful corporate powers . IN WITNESS WHEREOF, the Town of Taos, New Mexico has caused this bond to be signed by its Mayor and Treasurer, and sealed with its corporate seal, attested by the signature of the Municipal Clerk, and the coupons hereto annexed to bear the 7 facsimile signature of the Treasurer, as of the 1st day of April, 1975. /,Z,0- c , c ay r 4� #earer u ci.pal C e 8 t r 7 T (Form of Coupon) j No. $ Unless the bond to which this coupon is attached, if callable, has been called for prior redemption, on the first day of April/October, .19 , the Town of Taos, in the County of Taos, and State of New Mexico, will pay to the bearer the t amount shown hereon in lawful money of the United States of I America, at , New Mexico, the amount shown from the proceeds of a designated special fund or other income legally available, as provided in the bond to which this. coupon is attached, interest then due on its Sales Tax Revenue Bond, Series April 1, 1975, bearing No. (facsimile signature) Treasurer i c 1 I 9 STATE OF N EW MEXICO 0 TAOS COUNTY CLERK AND RECORDER N? 3291.3 Taos, New Mexico, 19 Received of Dollars -16) ( _ For Filing No. CIERH Date Filed ___ ___--_ By . . /`+�u �✓-__ 0 UEP)tr STATE OF N EW MEXICO 7 ' N? 32914 TAOS COUNTY CLERK AND RECORDER Taos, New Mexico, — 19—� Received of �`- $ y c) Dollars For Filing No. of Aa- 1.0 ct= CLERK Date By "J DEPUTY Section 3 . The bonds of this issue shall be sold and delivered forthwith to: Quinn & Co. , Inc . , in accordance with their proposal, w"Ach has heretofore been accepted. The proceeds of the bonds shall be deposited in a special trust account in First State Bank of Taos Taos r New Mexico, and shall be withdrawn only for the au-' ' ' .ed purposes, on written estimates of the architect in charge of cruction, such estimates to be approved by the Governing Body . Funds re- maining after completion of construction, may be retained in the trust account for further construction or may be deposited in the sinking fund at the discretion of the Municipality. Section 4 . The monies in said construction fund may be invested in direct obligation of the Federal Government having not more than one year maturity or in insured certificates of deposit. Section 5 . Nothing in this Ordinance shall be construed in such a manner as to prevent the issuance by the Municipality of additional bonds payable from the income derived herein pledged having a lien on such income on a parity with the line of the bonds herein authorized; provided, however, that so long as any of the bonds authorized herein are outstanding, additional bonds of equal lien may be issued only if the income from such tax for the pre- ceding fiscal year shall have been equal to two times the maximum annual principal and interest requirements on bonds previously issued, on the bonds authorized herein, and of the bonds proposed to be issued . Nothing herein shall be construed to prevent the issuance of obligations having unior or subordinate lien on the the proceeds of said income; provided, however, that the City is current in the payment of interest and principal of outstanding bonds and payable out of said income . 10 Section 6 . On written request from the original purchasers or 25% of the bond!iolders, the Municipality shall furnish a statement of all receipts and disbursements from said income for any designated period . Section 7 . The Municipal Treasurer shall establish a separate account to be known as "Sales Tax Bonds , Series April 1, 1975, Sinking and Interest Fund" into which, on April 1, 1975 and on the first day of each month thereafter shall be deposited from said income one-sixth (1/6th) of the Inext maturing interest payment, and one-twelfth (1/12th) of the next maturing principal payment, and out of which the Treasurer shall pay interest and principal on said bonds as the same become due and payable. Section 8. The Governing Body covenants to • the 'purchasers of the bonds that it will make no use of the proceeds of the bonds at any time during the term thereof which, if such use had been reasonably expected at the date and the bonds are isst,ed, arbitrage would have caused such bonds to be X9XW&1QWW bonds within the meaning of Section 103 (d) of the United States Internal Revenue Code of 1954, and for this purpose further covenants that mane of the proceeds of the bonds or other funds of �he Municipality will be used to acquire obligations , the adjusted yield on which will exceed the adjusted yield produced by the bonds by more than the amount permitted by the requirements of the regulations of the United States Treasury Department as the same may be amended. Section 9 . That if any one or more sections or parts of this ordinance shall be adjudged unenforceable or invalid, such judgment shall not effect, impair or invalidate the remaining provisions of the ordinance, it being, the intention that the various provisions hereof are severable . Section 10 . All ordinances or parts of ordinance in conflict herewith are hereby repealed . 11 r Section 11. This ordinance shall be and remain irre- pealable until said Sales Tax Revenue Bonds, Series April 1, 1975, and the interest thereon, have been fully paid, satisfied and discharged as herein provided. Section 12 . This ordinance shall become effective five C51 days after its publication as provided by law. IN WITNESS WHEREOF, this Ordinance was adopted by the affirmative vote of threefourths of all the members of the Governing Body of the Town of Taos , New Mexico, and after due examination, approved by the Mayor of said Miuni7cipality and attested by the Clerk and the corporate seal of said Municipality 9th April affixed on this fish day of I 0K, 1975. i APPROVED: ayo 't it 0 le I �•�w'•''�♦�/J�+���^'.Mtn r ATTEST: ! cz� dr I I i I 12 It was moved by Member Eloy Jeantete and seconded by Member Fernando Valdez that the ordinance be placed upon its final passage and do now pass . The question being upon placing the ordinance upon its final passage, the roll was called with the following results: Those voting AYE: Phillip Cantu, Jr. Lawrence Santistevan Eloy Jeantete Fernando Valdez Joe A. Sanchez Those voting NAY: NONE The Mayor declared the motion carried and the ordinance passed. The Mayor then announced his approval of the ordinance and signed the same in open meeting . After the consideration of other business not relating to the bond issues, the meeting was, on motion duly made, seconded and adopted, adjourned. 9th April DATED at Taos New Mexico on this 15th day of M=ch, 1975. ayo r S'A'T. 7 P7 13 STATE OF NEW MEXICO ) ) COUNTY OF TAOS ) ss TOWN OF TAOS ) I, // the duly appointed, acting and qUa ' fied Mu i4 pal Clerk of the Town of Taos , New Mexico, do hereby certify that the foregoing 13 pages constitute a true, correct and complete excerpt of the minutes of a meeting of the Governing Body of the Town of Taos , New Mexico, held on the .ja day of nuuti 19751 insofar as the same relates to the Town's Sales Tax Revenue Bond Issue . That none of the action taken concerning the same has been rescinded, revoked or modified. IN WITNESS WHEREOF, I have set my hand and seal of the Municipality this day of , 1975 . ia /fi / TZ . .r r'• �rN` 14 STATE OF NEW MEXICO ) ss COUNTY OF TAOS ) CERTIFICATE I, Josephine Gonzales , being the duly appointed, acting, and qualified Municipal Clerk of the Town of Taos states: 1. That notice of the meeting of the Board of Trustees of the Town of Taos held on April 9 , 1975, was given by the undersigned in the manner prescribed by the resolution of said Board adopted pursuant to the Open Meetings Law of the State of New Mexico . 2 . That Ordinance No. 634 of said Town was presented to the Board of Trustees at its meeting held March 12 , 1975, and action on the same was deferred by the Board until the meeting of April 9, 1975 . MuniclPaA Clerk cw is HERE ATTACH AFFIDAVIT OF PUBLICATION OF NOTICE OF CONSIDERATION OF ORDINANCE Affidavit of Publication NOTICE OF'PUBLIC HEARING State Of New Mexico, 1 NOTICE IS HEREBY GIVEN that the } t30. Board of Trustees of the Town of Taos, County of Taos J New Mexico,will consider for final action, at open session et the Town Hpll, Taos, New Mexico,at 7:30 o'clock,P.M.,on April _...__............. _.......... ...........Pete-..Geier 9, 1975, the following entitled proposed ....... _ ..................» .........»_...._......................... ordinance: being first dui sworn, declare and say that I am the (Business Manager) (Editor) of the AN ORDINANCE AUTHORIZING THE B Y Y g ) TOWN OF TAOS, NEW MEXICO, TO ------ ISSUE SALES TAX REVENUE BONDS The Taos News IN-THE AMOUNT OF f9S5,000.00 FOR __......................................................................................................_......................................., a weekly newspaper, THE PURPOSE OF ACQUIRING AND IMPROVING OF PARKING FACILITIES P ublished in the English Language, and havin g a g eneral circulation in the Cit y and Count y IN THE TOWN OF TAOS, INCLUDING of Taos, State of New Mexico, and being a newspaper duly qualified to publish legal notices THE PURCHASE OF LAND THEREFOR, SUCH BONDS AND THE INTEREST and advertisements under the provisions of Chapter 167 of the Session Laws of 1937; that the THEREON NI IP PAID STAX.r.OUT i publication, a copy of which is hereto attached, was published in said paper once each week OF THE MUNICIPAL SALES TAX. The subject matter of said ordinance is•' contained lMhe title to said Ordinance. WITNESS my hand and seal this 19th for.............1............................consecutive weeks, and on the same day of each week in the regular day of March,1975. Josephine Gonzales issue of the paper during the time of publication, and that the notice was published in the Municipal Clerk (SEAL) (Legal Ho.97011 Pub.Mar.90,1975). newspaper proper, and not in any supplement, once each week for........................................weeks consecutively, the first publication being on the.......2.A t.h....day of...................March ................................... 19....7..5,and the last publication on the.................2D.1dily of.................Mar.c.h..................... 19........?5 that payment for said advertisement has-been.(duly.made) or (assessed as court costs); that the undersigned has personal knowledge of a matters and things set forth i9 this affidavit. PUBLISHER'S BILL ` f� :,� : .........q/''.!_.�...... ......s..... ,. s } ............... ...._............lines,one time at 4 05 . r-Manager . ......... Subscribe this..........2.4.th....................... 17 daj►b:f`,�.., t '. ; .� �: ..5 Ti � ..j...A.D., 19....... . Taal $ Received payment, �; '2' �? ` O' Public The Taos News My commissidn,p3cp......• `'�` ..........._..March_2.5.'.... 1.9 .8.............................................. _.. .._... 16 HERE ATTACH AFFIDAVIT OF PUBLICATION OF SUMMARY OF ORDINANCE (ForniofOrdina I a' for P.bll,.t NOTICE OFADOPTION OF ORDINANCE The Board of Trustees of the Town of Taos, New Mexico, HEREBY GIVES . Af f Idavlf� of Publication NOTICE of the adoption of Its Ordinance• No.611,on the 9th day of April,1975. THE TITLE OF SAIDORDINANCE NO. ,•, 634 1St State of New Mexico, AN ORDINANCE AUTHORIZING THE NEW TOWN OF ISSUE ALES TAOS TAXNR VENUEI BONDS County Of Taos IN THE AMOUNT OF 125S,OW.00 FOR . THE PURPOSE OF ACQUIRING AND IMPROVING OF PARKING FACILITIES INTHE TOWN OF TAOS, INCLUDING I, ........................................ .e?. r................ ....»»»»..» .».»..»... »»_ .. ... THE PURCHASE OF LAND THEREFOR, ;,SUCH BONDS AND.THE INTEREST T being first duly sworn, declare and say that I am the (Business Manager) (Editor) of the THEREON TO BE PAID SOLELY OUT OF THE MUNICIPAL SALES TAX. A GENERAL SUMMARY OF SAID The T a C G News ORDINANCEIS AS FOLLOWS: .............._.......................................». ._.................••............................................................... a weekly newspaper, The preambles ng recite the own,ncs per.:. in the En Language, g g y y legislation remitting to the Town,1 per•:� p English. Lan ua e, and Navin a general circulation in the City and Count cent of the cross receipts received as tax for the state of New Mexico from wlthln of Taos, State of New Mexico, and being a newspaper duly qualified to publish legal notices the'municipalityi .the fart that the municipality has never.Pledged such. and advertisements rnder the provisions of Chapter 167 of the Session Laws of 1937; that the revenues except for the payment of sales tax revenue bonds, Series September 1, publication, a C„_:v if which is hereto attached, was published in said paper once each week 1%9;the municipality's determination Of a need for new parking facilities and the municipality's determination to Issue for...........................................consecutive weeks, and on the same day f each week in the regular sales tax revenue bonds In the amount of y $253,000,90,payable out of the sales tax; the proceeds to be used for the purpose of issue of the paper during the time of publication, and that the notice was published in the acqquirinc and improving parking tacititle%,including the purchase of land therefor and the acceptance of, the newspaper proper, and not in any supplement, once each week for........................................weeks proposal of certain Investment bankers to purchase said bonds; : , The ordaining clak se Is set forth. y g . 1 y + Section 1 provides V%r the amount of the consecutively,the first publication being on the.......... t lila of............AP..�1..3.......................... bonds,the date thereof,maturity dates, Interest dates and rats 1,option for prior 1 7th April l l 7 5 redemption, the ace of of signature 19..7.•5.., and the last publication on the..........................da of......................................................... 19..........; thereof,and the place W payment. p y Section 2 provides for the form of the that ant for said advertisement has b bond and the Interest coupons, payment .(LjLL1y4 J32ACla}. (assessed as court costs); that Section 3 p-rides for the sale of the bonds,the d(i,osit of proceeds thereof,the the undersigned has personal ow edge f the matt things set h in this affidavit. methods of withdrawal.of the proceeds, and the disposition of any surplus. Section 4 provides forth:Investment of the proceeds. ` Section S providA for the issuance of j .................... additional bonds. 12 . 45 .. » Section 6 provides for the furnishing of a i at 11_____»____._ -Manager statement of receipts and disbursements. ( _ Section 7 creates.the Sinking and In- t� 8 . 00 1 8th Subscribed and sworn to.before,mg this.;....................... ................. terest Fund and provides for payments . 87 day .. �, ' : .•.••,� `� -``` ,A.D., 19..... . thereto and therefrom. .. Section!Is an arbitrage covenant. eJ` _ Section 9 Is a severabillty clause. Section 10 is a raosler, $ 21 . 32 Section 11 provides for the ��•• _ —•••••••••-- » .. I Ir Sectction l2 tprrovides fOrdinance.eftive date .'.•j, �r{• Yr _ NIC of the ordinance. -'"�: °: - COMPLETE COPIES OF THIS OR. J ,s !r •: ?';' 7t ws DINANCE ARE ON FILE IN THE OF- My commissicfi Eirmikes t}­ FILE OF THE MUNICIPAL CLERK, TOWN HALL, TAOS, NEW MEXICO, FOR INSPECTION DURING REGULAR »»» _ _» » Mar C. .2 :� » » » » OFFICE HOURS. - —='Krr.--r~r WITNESS my hand and seal of the Town of Taos,New Mexico,this 9th day Of April, 1975, s•Josephine Gonzales Municipal Clerk, (SEAL) Legal No.2745,Pub.April 17,1975) 17 STATE OF NEW MEXICO ) ) COUNTY OF TAOS ) ss : TOWN OF TAOS ) Each of the undersigned, being first duly sworn, on oath, deposes and says : 1. That they are, respectively, the Mayor, Clerk and Treasurer of the Town of Taos , County of Taos , State of New Mexico. 2 . That the Town of Taos, New Mexico was duly incorporated under the Laws of the State of New Mexico in the year _ 1934 , that there is no litigation threatened or pending concerning the validity of such incorporation or the right of any of the officers of the said Town to hold his respective position. 3. That from the 18th day of March 19 74 , up to and including the date of this affidavit, the following have been and now are the duly elected or appointed officers of said Town, to-wit: Mayor: Phillip Cantu, Jr. Members : Lawrence Santistevan Eloy Jeantete Joe A. Sanchez Fernando Valdez Clerk: Josephine Gonzales Treasurer: Josephine Gonzales 4. That the gross revenues derived from the municipal sales tax of said Town for the last fiscal year were $ 275,825 . 5 . That there are no liens or encumbrances of any kind or nature against the revenues to be derived from the municipal sales tax except Sales Tax Revenue Bonds, Series September 1, 1969 , outstanding in the principal amount of $ 150,000 18 6 . That there is no litigation threatened or pending relating in any way to the validity of said Sales Tax Revenue Bonds, Series April 1, 1975, or any of them, or the right of the Town to acquire and improve parking structures including the purchase of land therefor, or to receive revenues out of which said bonds and the interest thereon shall be paid. ayo Clerk ,;;c ' •, rye.'. re urer / SUBSCRIBED AND SEPARATELY SWORN to before me this 2111k day of 19ARiZ , 1975 . N rry-Public My Commission Expires Pdfy Ca rtissiod c:; ::_; April 23, 1973 19 i SIGNATURE CERTIFICATE I, the undersigned Vice President & Cashier of the First State Bank of Taos _Taos. Kew Mexico r New Mexico, do hereby certify that I am personally acquainted with Phillip Cantu, Jr. , Mayor, Josephine Gonzales , Clerk, and Josephine Gonzales , Treasurer of the Town of Taos, New Mexico; that I know the above mentioned officers held their respective positions on the date of the execution of and delivery of that certain issue of Sales Tax Revenue Bonds, dated April 1, 1975, of the Town of Taos, New Mexico, con- sisting of 51 bonds in the denomination of $5 ,000 each, numbered 1 to 51, inclusive, and maturing serially on the lst day of July, in the years 1976 to 1990 , inclusive. I further certify that I am acquainted with the signatures of said officials anal know that the signatures appearing on said bonds are the signatures of said officials, r respectively, and that said officials have to this certificate subscribed their respective signatures as follows : Mayor ' Clerk; F !Tr� urer (SEAL) C. SIGNED AND CERTIFIED this day of 4pe, 4 , 1975 . First State 9anv of Toos (Bank name By (signa re V. n It Cashier ... -....�... , : (Title ��;� :" . . • Taos , New Mexico (I AMK; SEAL) 20 KEGEL AND MCCULLOH, P. A. ATTORNEYS AT LAW WALTER R. KEGEL, ASSOCIATES IN DENVER COLORADO 1721 PA5E0 OE PERALT4 CLYDE C. M000LLOH POST OFFICE BOX 2292 TALLMADGE,TALLMADGE, WALLACE 8 HAHN RALPH M.MONTEZ SANTA FE,NEW MEXICO 87501 515 WESTERN FEDERAL SAVINGS BLOC. PHONE 962.4461 ESPANOLA,NEW MEXICO 171[ 753-7173 April 1975 Town of Taos Taos County, New Mexico Sales Tax Revenue Bonds, April 11 1975 $255 ,000 .00 Dated April 1, 1975 Maturing 1976 to 1990 , inclusive THIS IS TO CERTIFY that we have examined a certified copy of the record of the proceedings of the Board of Trustees of the Town of Taos , Taos County, New Mexico, taken preliminary to the issuance by said Town of its Sales Tax Revenue Bonds , Series April 1, 1975, in the principal amount of $255,000; Dated April 1, 1975 ; Consisting of 51 bonds in the denomination of $5,000 each, numbered 1 to 51, inclusive; Bearing interest payable October 1, 1975 , and semi-annually thereafter on the 1st day of April and the lst day of October, each year, and maturing on April 1, as follows : Year Amount Rate 1976 $ 5,000 5-1/2% 1977 $10,000 ' 5-1/20 1978 $10 , 000 5-1/2% 1979 $10 ,000 5-1/20 1980 $15,000 5-1/2% 1981 $151000 5-1/20 1982 . $15, 000 5-3/4% 1983 $15, 000 60 1984 $20, 000 61 1985 $20,000 6 .100 1986 $20,000 6-1/4n 1987 $25j000 6 .40% 1988 $25 , 000 6-1/2 1989 $25 , 000 6-1/2a 1990 $25, 000 6-1/2% Town of Taos , New Mexico Sales Tax Revenue Bonds Series April 1, 1975 Page Two Bonds of this series maturing on and after April 1, 1986 are redeemable at the option of the Municipality on April 1, 1985 , or on any interest payment date thereafter, in inverse numerical order at par plus accrued interest and a premium of one per centum (1%) of principal. Principal and interest payable at First State Bank of Taos , Taos , New Mexico. We have also examined Bond No . 1 of said issue and have found the same duly executed and in full conformity with law . It is our opinion that such proceedings show lawful authority for said issue of bonds under the Constitution and laws of the State of New Mexico; that said bonds constitute valid and legally binding obligations of the Town of Taos, New Mexico, payable from the proceeds of a portion of the gross receipts tax equal to one per cent ( 1%) on the gross receipts of all retail businesses and services within the Town (with certain specified exemptions and deductions) levied by the State of New Mexico, which proceeds are remitted monthly to the Town by the State pursuant to Section 72-13-24, N .M.S .A. , 1953 Comp . , as amended and supplemented (said remittances to the Town being referred to in the bonds as "Pledged Revenues ") . Said bonds and the interest thereon are equally and ratably secured by a first lien (but not necessarily an exclusively first lien) on the Pledged Revenues , and on a parity with outstanding Town of Taos , Sales Tax Revenue Bonds , Series September 1, 1969 . It is further our opinion that the interest on said bonds is exempt from taxation by the United States of America and the State of New Mexico under present Federal and State Income Tax Laws . l- STATE OF NEW MEXICO ) COUNTY OF TAOS ss TOWN OF TAOS ) IT IS HEREBY CERTIFIED by the undersigned, the duly qualified and acting Treasurer of the Town of Taos , New Mexico, that on the day of Lrl�) , 1975, said Town delivered to Quinn & Co. , Inc. its Sales Tax Revenue Bonds, dated April 1, 1975, in the principal amount of t $255,000 .00 , consisting of 51 bonds in the denomination of $5,000 each, and said Town acknowledges receipt of the 4 agreed purchase price, as follows: Principal $255,000 .00 Discount ($__6,375.00 ) Interest Accrued $ 1,204.19 v TOTAL 249,829. 19 IN WITNESS WHEREOF, he has hereun�_o set his hand and seal at Taos , New Mexico, this _ day of Q L , 1975 . _,._�. . �•�,.. r:. Treasu r ;,(SEAL) 1, .•{ . Ji. r t:t •'6•+ �• 21 �*;�r�: �• .}11�� �!` �' r_`�' �`r �by. •Pik•. I - ( T �-.ARQ1QGl• �� •at.ra ( •M,•.,.,. _ .. _..._ i -_ . � .' ���.4 • ' T' � •� �s "��' $`� 3:�::....... �/'i `0.T" V -'�,� ,, •� }•� , .r,1fi�'r.. S �1 •� ,I �...•,! •�t•� -� shy�. !' 1 tl�\\r•' ,�+ _ �'y`, .�� �y'Jr'Y+� �/.w. �';;:. � w:,rltjf�. ',, -t •• �^�:. t>, qty.,,� i� .y ; ••y• ^' .� � ��,,;� 1/f1V:' �• n'�rt`f •• ,.11 - _ _ ___M. 69 ^111 e •!. �' stt?.1 �lrir w•� i b `� STATE OF NEW MEXICO COUNTY OF TAOS i �111u11 of 0Mws J htim G fniell [Ij11x Arurnur Ram) Orrirn April 1. 197 y $5,000 , • � wad. Iii' 5 1 •�!•1� yr �'1 ,�r DATED APRIL 1, 1975 I , PRINCIM"tL DUE , ryR APRIL 1 1990 , Optional on April 1, 1085, or on any interest payment dale thereafter. INrl`FI,?FST PAYA131ilf' '+ On October 1, 1075, and thereafter t� - �• ,� titi4r ! semi-annually on April 1 and ' October 1 of each year. , PRINCIPAL AND INTCRL'."iT PAYABLE AT THE � •/ I 4�—°' �y�t�i„` '� FIRST STATE BANK OF TAOS '' I TAOS, NEW DIEXICO r 1 `87••wY' � tiWI �WIi MI� �'•fFi� �•a�• J' � ilp, 5� "� .d%)•11'j"•�,,�.'r"!•t dlft r r r Atl',.t ��1l 'ir `} ?' ,t+f I i 1 lr r,,A • r, �y�4 -�.:0{. y i,, �.,ti 1 tp� '� , i+I Y.u i' �'=s: 1, °i•�b', ••�. bf31���;f�g� 1,ft'P' ,f.: .. � y!''/..%'S'^'.;lr 1 111 ;� ♦ ���� •{, 444 y ♦�-sn> ��� !:ltl�i 1 s)s.►t� { ;2,''`' w/!�' '2r1wt'��%✓�. •'� '�I: is /il;:' ,.. ,, $5,,000 " ; ' f: ► 'a it ..i�:�j cis ( i ♦ .r dry'' gp STATE OF NEW bIEYICO ♦rr'`' -i�" rl COUNTY OF TAOS - y 1fd . k'�y�•� *aleq 0ax i9rt rnnr U, nnl t5rrito April 1, 1975 '• '��� •�ts a �:. � - �• r. THE TOWN OF TAOS, ire the County of Taos, and State of New Mexico, hereby acknowledges itself irt- ►� c` . debferl mul for slue received, promises to pay to t(' bearer, on the 1st daJ of April, 1990. the sant of off+`=,.• l�' '` - - M FIVE THOUSAND DOLLARS ltreTT , and to pay interest thereon at the rate of six and one-half per remotest (6i %) per annum, ns eridenced by tine 1 r coupons hereto attached, payable October 1, 1975, and semi-annually thereafter on the 1st day of April and 3. y:<�-• October of each year, upon surrender of such bonds turd thr annexed coupons as the.-scrcrally become date tool r thereafter until this ban([ is paid. Both principal of and interest on this bond are payable in lawful money of the United States of America at First State Bank of Taos, Taos, New Mexico. � 1 BONDS Of' THIS SERIi;'S maturing on aril after April 1. 19116 are redeemable at the option of the Town oil April 1, 19115, or on any interest payment date thereafter• in inrerse numerical order at par plus accrued •;�;•` interest and a premium of one per centant (1%) of principal. a l' � ♦ THIS BOND does not constitute an indebtedness of flit, Municipality within :he nhenning of any, constifu- 3 ZFA tional or statutory provision or limitation, shall riot be considered or held to be c general obligation of the Muni. �; g cipality, and is payable and collectible from the proceeds of a portion of the gross receipts tax egnal to one per a. • �.+.', k cent (1%) oil the gross receipts of all rental businesses arid services within the Municipality (with certain spec- r, ified exemptions arid deductions) which is levied by the State, which proceeds are rentitted monthly to the ' f _ ♦ = ' Municipality by the State pursuant to Section 72-13-24 New 31exico Statutes Annotated, 1953 Compilation, anti ♦ y =1 all lotus amendatory thereof and supplemental thereto or front any otter legally arailable funds; and the holder _ ♦ I fi _ ." ♦ '` {. ��. ♦ .r_ hereof may not Junk specifically to any general or other Junr1 for the payment of the principal or interest on -' ♦ � this obligation except the special fund pledged therefor. Payment of this bond and the interest thereon shall r be made front and as security for such payment there is pledged pursuant to Ordinance No. 634, passed anti a ^ �+,�'•• adopter! the 9th (lay of April, 1975, a special fund identified as the "Torun of Taos Sates Tax Revenue Bonds, �( Series April 1. 1975 Sinking arid Interest fund," into which the Municipality cotenants to pay Jrarn the pledged _ . revenues or any other legally available fare([ sufficient scants to pay token [rte the principal of and the interest -E' (in the bonds. Reference is made to snit!ordinance for a description of said fund and the nature arid extent of : `♦, _*? the security afforded thereby for the payment of the principal oral the interest on the bonds. The bonds are r •,,, equitably arid ratably secured by a first lien on the pledged revenues, on a parity with Sales Tax Revenue Bonds, dam. Series September 1, 1969. Additional obligations subject to designated conditions may be bated and made pay. able front pledged revenues and )raring a lien thereon inferior and junior to the lien, or linving a lien thereon , on a parity with the lien of the bonds of the series of which this bond is a part, in accordance Leith the provisions 1;; ♦ _ 1 of said ordinance. - '�•"` THE MUNICIPALITY covenants and agrees with the holder of the bond and with each and erery person who <'•• jarae r may beco►ne the holder thereof that it will keep and perform all of the covenants of said ordinance. 'M a f i r IT IS EXPRESSLY AGREED that the holder of this bond may not took to any general or other ' , ..�lT e g funds of 1 I said Municipality for the payment of principal or interest on this obligation, this bond behig payable and col- _ lectible solely from the proceeds of said gross receipts tax. r , THiS BOND is issued for tiro purpose u acquiring and improving pnrking facilities in the Municipality, `~ including g purchase of lath[ there/or in said Alit nicipaliq•, nor► is issued tnult,r and in strict compliance with the r � pr ♦ Constitution and /airs of the State of Ncto Dlexico, particularly Section 14-30.1 to 14-30-11, inclusive, New Mex. • f ico Statutes Annotated 1953 Compilation (Pocket Supplement). ' �f • - /'-� IT IS HERi:•BY CERTIFIED that all conditions, acts and things required by the Constitution aryl laws of 7 �'+'�';_ r••��. I the Stare of New Mexico ro exist, bare happened art[ to have been perJormerl, precedent to and in the isxh(hncr. of this bond exist have happened, and hare been performed; and that this bond does not exceed any limitation = t as 7 = e 1 prescribed by the Constitution or laws of the State of New Mexico. s FOR iAf'DIEIVT of this bond and the interest hereon, the Torun of Taos. New Mexico, p►t,rlgt,a the exercise � ,,,,, ••'a. of all its lawful corporate powers. t� iN WITNESS WHEREOF, the Town of Taos, New Mexico has caused this bomb to be signed by its Mayor and Treasurer, and sealed with its corporate seal, attested b the signature of the Jlun;ci ►a1 Clerk and the cots. polls hereto annexed to bear the facsimile signature of the Treasurer, as of the 1st day el April, 1975. � .::t ! ' ATTEST: Ma+or - x Municipal Clerk IA, ',. "f1�-���e ? ` 811,11 t�,•;; �x`;,' r�J�•��`:r!-tl `♦ £j�`��� 'r4:. ':f r`,r! 11 � } f' �11'p 'Y, d, '! 1 i.$ r ��.� f , •til� ,; r , 1 , .�'. $ II_ '1. —_.� d :;i' tw- / •_ iii, + i��i ' • Y �� + {i ' i r �% o i, � TT-�"���yyy G`±b f�; � . � • . {> • (r � , s ag -; ,I {�' 1 1 h .i �,Y t 4..��, ry. i`�• i , I I Off-i 7 '��• ,����1�• � � �' � :�_ .j0.,i,; A^"1. .v,i�;,y. �IYIIh ,d�, �;�!ttq,�,til, .� °,Y.i'� +�,{. 1 .'��• �.l�ps,,pll �' q lil /{,�, �?'Y � � �� �!.-,,�:'-' Jfi� VVV ,,y /-'*-1 •Inn• /•_r�„t� /'ttW`�7 -..,•, %t Nu. i0 ON TILE 1ST DAY OF APIIIL, 1990, g1G2.50� ��.: ;�%jji�vl).•49 ON THE 1ST DAY OI'' OCTOBER, 1989, $16250 unless the bond to which this coupon is attached,if callable, has been called for prjoCn+demp: utuess't►r,�bpnd to which this coupon is attached, if callable, has been called for prior redemp- tion, the 'Down of 'Taos, in the County of 'Taos, and State of New Mexico, rgl�.p�y'th the ti n, thb.�owiu,of 'Taos, in the County of Taos, and State of New Mcxico, will pay to the bearer the amount shown hereon in lawful money of the United States of Amerleg,At'First bearer thl•ajAomuut shown hereon in lawful money of the United Stales of America, at First State Ilank of Taos, 'Taos, new Mexico, the amount shown from the psoceeds•9f a desig- State Badk.of, Taos, Taos, New Mexico, the amount shown from the proceeds of a desig- nated special fund or other income legally available, as provided in the.bdhrl (e w%i this. nated sneei.l fund or other income legally available, as provided in the bond to which this coupon i attached,interest then due on its S les Tai Revenue Bond, Se�'fej April 1, 175. ccupnn 13 attached,'IA(erest then due on its Sales Tax Revenue Bond, Series April 1, 1975. BOND No. / •. Itt`Nt) ifo. TRE Will! ��\ _1.�� � •.-.�ar:� _�:.�_. �1� .,:,,m. �_LSD �:�1.; q�r-.max`.'iLti� s:..� _ __ :.��l ------ '�---- , •• ,J fj No. 28 ON THE 1ST DAY OF APRII,, 1989, $162.50��� j,, No. 27 ON THE 1ST DAY OF OCTOBER, 1988, $162.50��\� unless the bond to which this coupon is attached, if callable, has been called for prior redemp• unless the bond to which this coupon is attached,if callable, has been called for prior redemp 1 tion, the 'Town of 'Taos, In the County of Tans, and State of New Mexico, will pay to the lion, the Town of Taos, in the County of Taos, and State of New Mexico, will pay to the bearer the amount shown hereon in lawful money of the United States of America, at First hearer the amount shown hereon in lawful money of the United States of America, at First State hank of 'Taos, Taos, New 'Mexico, the amount shown from the proceeds of a desig' State hank of Taos, Taco, New Mexico, the amount shown from the proceeds of a desig- nated special fund or other income legally available, as provided in the bond to which this nated special fund or other income legally available, as provided in the bond to which this coupon 6 attached, interest then due on its Sales Tax Revenue Bond, Series April 1, 1975. r coupon is attached, it i.-rest then due on its Sales Tax Revenue Bond,Series April 1, 1975. BOND No. BD VJ No. A A ,•\� V TURE ��� �.?.."='.L so'y^i-.•:.5..:..,5-•.�ss7.^.- - .`_..s tbor` \.�``,,,.�{ 'zn- No. 26 ON TILE 1ST DAY OF APRIL, 19P8, $162.50 �`� �j,'No. 25 ON THE 1ST DAY OF OCTOBER, 1987, $ ) .5��� unless the bond to which this coupon is attached,if callable, has been call^d for prior redeunp• unless the bond to wu:c:a this eoullon is attached, if callable, has been cnlfed for prior redentp• tion, the Town of ' wA. in the County of 'Taos, and Stat, of New Mexico, w.l' pay to .he h Co , U-e Town of Tam•, in the County of Taos. and State of New Mexico, will pay to the bearer the amount shown hereon in lawful money of the United Stales of A.reriea, a# First b.ar�r th- an,oumt shown hereon in lawful money of the I'nite<1 States of America, at First State Bank of Taos, Taos, New Mexico, the amount shown from the proceecL of a de'tg• A Sale Punk of Ta s, Taos, New Mexico, the amount shown from the proceeds of a desig- nated special fund or other income legally available, as provided in the bond to -,hich -h•s mate: e,u_*iI fund or other income legally available, as provided in the bond to which this coupon is attached,interest then due on its Sales Tax Revenue Bond, Series April 1, 1975. coupon is attached, interest then due on its Sales Tax Revenue Bond,Series April t, 1975. BOND Nn. BOND No. Tf/ 7EASURE /TRCA URC 41 1 �4 No. 24 ON THE 1ST DAY OF APRIL, 1987, 8162.513',�� FNo. 23 ON THE 1ST DAY OF OCTOBER, 1986, Z162 4-1 unless the bond to which this coupon is attached, if callable, has been called for prior redemp- unless the bond to which this coupon is attached, if callable, has been called for prior redemp- tion, the Town of 'Taos, in the County of Taos, and State of New Mexico, will pay to the tion, the Town of Tans, in the County of Taos, and State of New Mexico, will pay to the bearer the amount shown hereon in lawful money of the United States of America at First bearer the amount shown hereon in lawful money of the United States of America, at First State Bank of Taos, Taos, New Mexico, the amount shown from the proceeds oi' a desig• State Bank of Taos, Taos, New Mexico, the amount shown from the proceeds of a desig- nated special fund or other income legally available, as provided in the bond to which this nated special fund or other Income legally available, as provided in the bond to which this coupon is attached, interest then due on its Sales Tax Revenue Bond, Series April 1, 1975. coupon hi attached, interest then due on its Sales'Tax Revenue Bond, Series April I, 1975. BONI) No. . ' Ilt)T1) No. �,�`j'-" Ltc:.��frNr:.sti:::..- ..;.-�..�-- �--�—t7fit�tii•'�+�.a'�T-ar'�-.+ai.•\'�, 'SF� ,�? l•^^^`� +.. � No. l2 ON THE 1ST DAY OF APRIL, 19f3(i;•• $1Y2 5�` { �'�"(Vii:•21 •'QN'.TIIE 1ST DAY OF OCTOBER, 1985, 81C,2.5�'\ unless the pond to which this cod,nn is attached,if callable, has been cal{ed•(i,r piippr re epptp- r unless the bond to%bith this coupon is attached, if callable, has been called for prior redempp �1 tion, the Town of 'Taos, in :Le County of ',aos, and State of New Mexioo, w.illo{S�{,l laic . `•t:4u "e' w'n of 'fans, in the County of Taos, and State of New Mexico, will pay to tluc bearer the amount shown hereon in lawful money of the United Slates o('I<4'errr�,.nt jest • •berre{}he rIDuDt shown hereon in lawful money of the Cnited States of America, at First State Bank of Taos, 'Tans, New Mexico, the amount shown from the pWc Vs•of a desig- • . 'Statc� ank•o ans, Taos, few Mexico, the amount shoncn from lhr proceeds of a dtsig• nated special fund or other income legally available, as provided in the butyl IV whirlslh� • ' • fla/ec>.apacial ruyd nr other income legally available, as provided in the bond to which this coupon is attached, interest then due on its Sales Tax Revenue Bond, Series April 1, 1975. coupon is attached, interest then due on its Sales Tax Revenue Bond, Series April 1, 1-5. BOND No. BOND No. }3\�" TRCA',Ultt:� FILMED DOCUMENTS �.�. •... . . 20 ON THE 1ST DAY OF APRIL, 1985 $162.5'0 `� # o. 19 ON THE 1ST DAY OF OCTOBER, 1984 816 .5 unless the bond to which this coupon is attached, if callable, has been called for prior redemp- `� unless the bond to which this coupon is attached, if callable, has been called for prior redemp- tion, the Town of Taos, in the County of 'Taos, and State of New Mexico, will pay to the tion, the Town of Tans, in the County of Taos, and State of New Nfexico, will pay to the hearer Oe amount shown hereon in lawful money of the United States of America at First + bearer the amount shown hereon in lawful money of the United States of America, at First State hank of Taos, Taos, New Mexico, the amount shown from the proceeds o{ a desig- State Bank of Taos, Taos, New Mexico, the amount shown from the proceeds of a desig- nated special fund or other income legally available, as provided in the bond to which this noted special fund or other income legally available, as provided in the bond to which this coupon is attached, interest then due on its Sales Tax Revenue Bmhd, Series April 1, 1975. . coupon is attached, interest then due on its Sales Tax Revenue Bond, Series April 1, 1975. BOND No. • :•: i .."1P jVo. �� C, P1_e'42`:ASURE '••••••••• • • •i•n•• v TORE •./ is No. 18 ON T11E 1ST DAY OF APRIL, 1964, $1tiL.50�'�\'� f�� i►.'1� O1 -TJIE 1ST DAY OF OCTOBER, 1983, $162.50��� unless the bond to which this coupon is nttached,if callable, has been caked for prior redemp- unless the bond to wbicli this coupon is attached,if callable, has been called for rttfor redemp- lion, the Town of Tars, in the County of Taos, and State of New Mexico,,wi!i pay P the •JiW t►es'liown of.Taus, in the County of Taos, and State of New Mexico, will pay to the hearer the amount shown hereon in lawful money of the United States of A'r.ericr, r. Frr-t 'hear rtliie an►�rnbshown hereon in lawful money of tl•c united Stales of America, at First State flank of Taos, 'Taos, New Mexico, the amount shown from the pro,eed• c! a desig- 'Stn •ihk of•Tdbs, Tans, New Mexico, the amount shown from the proceeds of a desig- nated special fund or other income legally available, as provided in the bond to .vhich 'h's, Weil 'y)"jal9fulld or other income legally available, as provided in the bond to wliich this coupon is nttached, interest then due on its Sales Tax Revenue Bond, Series April 1, 1975. coupon is 'ttlehe�d interest then due on its Sales Tax Revenue Bond, Series April 1, 1975. BOND No. /J/�j�y BOND No. \�� acnSU' REV( Tr ON TILE 1ST DAY OF APRIL, 1983, $162.50�� ��No. 15 ON THE 1S1' DAY OF OCTOBER, 1982, $162.50*� unless the bond to which this coupon is attached, if callable, has been called for prior redemp- unless the bond to which this coupon is attached,if callable, has been called for prior .mdempp- tion, the Town of 'Taus, in the County of Taos, and Slate of New Mexico, will pay to the lion, the Town of Taos, in the County of 'Taos, and State of New Mexico, wi!1 hay to tike%bearer ter amount shown hereon in lawful money of the United States of America, at First bearer the amount shown hereon in lawful money of the United States of America, at First 'tale Bank of 'Taos, Taos, New Mexico, the amount shown from the proceeds of a desig- Slate Bank of Taos, Taos, New Mexico, the amount shown from the proceeds of a desig- n,special fund or other income legally available, as provided in the bond to which this noted speefal fund or other income legally avaflahle, sus provided in the bond to which this coupon is attached, interest then due on its Sales Tax Revenue Bond, Series April 1, 1975. coupon Is attached, interest then due on its Sales Tax Revenue Bond, Series April 1, 1975. BOND No. "yj/ y'J!�: '• -16fID No. FirA5UREP' • • '••J•�/ •���`a' • (/ T Ur Rpm A •No. l•t ON TIIE 1ST DAY OF APRIL, 1982; $162. 0 1�.'.1$ OPJ•TiIE 1ST DAY OF OCTOI3Li1, 1981, $162.5�••� /I \�" 'r/�' unless the bond to which this coupon is at ached, if call ble, has been called for prior redemp- unless the band to vQricU*this coupon is attached, if callable, has been called for prior redemp- tion, the Town of Taos, in the County of Taos, and Mate of New Mexico%'S;,1 1,01,t000es . tinrrl UrnTolim o&Vitt, in the County of Taos, and Stale o! New Mexico, will pay to the bearer the amount shown hereon in lawful money of the United States of'�pterf it rihst . • r t��aamrthe anouM shown hereon in lawful money of the United States of America, at First + Slate Bank of Taos, Taos, New Mexico the amount shown from the pro4 eee}s n d I1V . •Sea 1Sdnk of @T", Taos, New Mexico, the amount shown frenn the proceeds of n desig- nated special fund or other income legally available, as provided In the Ildligl.To pliich V!jls• • natT,d at hfi, or other income legally available, as pruvided in the bond to whfeh this coupon is attached, interest then due on its Sales Tax Revenue Bond, Series April 1, 1975. •coupon i3 htdtched, interest then due on its Sales Tax Revel- a Bond, Series April I, 1975. BOND No. f ^� ? BOND No. ✓j! �. � RcnsunE 'rift �• IV o. 12 ON TIIE 1ST DAY OF APRIL, 1981, $162.5(��� r-,A 11 ON TIIE 1ST DAY OF OCTOBER, 1980, $162.5��\ unless the bond to which this coupon is attached, if callable, has been called for prior redemp- unless the bond to which this couptn is attached, if callable, has been called for prior redemp• lion, the 'Tuurn of Taos, in the County of Taos, and Stair of New Nfexico, will pay to the lion, the Town of Tacs, in the County of 'Taos, and State of New Mexico, will pay to the hearer the mnount shown hereon in lawful money of tin United States of America, at First bearer the amount shown hereon in lawful money of the United Stales of America, at First t i Stale hank of 'Taus, Taos, New Mexico the amount shown from the proceeds of a desig- St rte Bank of Taos, Taos, New Nfexico, the amount shown from the proceeds of a desig- nated special fend or other income legally available, as provided in the bond to which this crated special fund or other Income legally available, as provided in the bond to which this coupon is attached, interest then due on its Sales Tax Revenue Bond, Series April 1, 1975. coupon is attached, Interest then due on its Sales Tax Revenue Bond, Series April 1, 1975. BOND No. x •' tiONf/ No. r/ �• TREA"U RE '.'�''• • • TREASURE tr �\. »ter• -_ .� : _ /� ���. /_ts.� i1o. 10 ON THE 1ST DAY OF APRIL, 19Q0��•• $162.5QA�� f��►�rn'•© OI�I•TliE 1ST DAY OF OCTOBER, 1979, $1G2.50�1� unless the hond to which this coupon is attached, if callable, has been ca3led (e��prior redemp- unless the bond to wlijpCu•this coupon is attached, if callable, has been called for prior redemp- ton, the 'Cohen of 'Taus, in chi County of Taos, and State of New Niexito,.``iii pad to redemp- lib• ` .{• 'tio•l,•the•71o�r ofiTan, in the County of Taos, and State of New Mexico, will pay to the bearer the amount shown hereon in lawful money of the United States P Athxri al F�rsj ; �ba'hr thg anl4Rnt•shown hereon In lah:ful money of the United Statcs of America, at First State Bank of Taos, Tans, New Mexico, the amount shown from the to ed tc�i a desig• . .SYUt ]ta6k dt t'afis, 'fans, New Mexico, the amount shown from the proceeds of a desig- State special fund or other income legally available, ba provided in the bonito which shirt. • • .natey �{iZx,:iudcCor other income legally available, as provided fn the bond to which this coupon is attached, interest then due on its Sales Tax Revenue Bond, Series April 1, 1975. coupon is attache edf'interest their due on its Sales Tax Revenue Bond, Series April 1, 1975. BOND No. /�/� ? BOND No. /'TREAS,RE 97-'' �s�.:as i�t""". - � �-•-�• �J---. .vim,-". ,�.-> .•'.•:•. _. - _ -,�, 4 No. 8 ON THE 1ST DAY OF APRIL, 1979, $162.50\�� ��No. 7 ON THE 1ST DAY OF OCTOBER, 19713, 5162.50�M unless the bond to which this coupon is attached, if callable, has been called for prior redemp- unless the bond to which this coupon is attached, if callable, has been called for prior red in tion, t^ Town of Tars, in the County of Taos, and State of New Mexico, will pay to the tion, the Town of Taos, in the County of Taos, and State of New Mexico, will pay to the bearer ehe amount shown hereon in lawful money of the United States of America, at First bearer the amount shown hereon in lawful money of the United States of America, at First State Bank of Tans. Taos, New Mexico, the amount shown from the proceeds of a desi- 4 State Bank of Taos, Taos, New Mexico, the amount shown from the proceeds of a desig- nated sl:'cial fund or other income legally available, as provided in tine bond to which this natal special fund or other income legally available, as provided in the bond to which this coupon is attached, interest then due on its Sales Tax Revenue Bond, Series April 1, 1975. -coupon is attached, interest then due on its Sales Tax Revenue Bond, Series April 1, 1975. BOND No. BQN1r No + \\�� V TU��, , ''��/ •\`�\+�!• • � . . V i/ REASURE No. G ON TIIE 1ST DAY OF APRIL, 197$, S1'G2.5 �� ' 'F��,�N6.'-5 •ON 111E 1ST DAY OF OCTOBER, 1977, $162.5���� unless the bond to which this coupon is attached, if callable, has been called for pripS redelnp•, , • unhys jly:Julpd tgwindir this coupon is attached, if callable, has been called for prior redemp- tion, the Town of Taos, in the. County of Taos, and Slat: of New Mexico, win hay`to the ' ,, . lid own,o Tans, in the County of 'Taos, and State of New Mexico, will pay to the desig- bearer the amount shown hereon in lawful money of the United Stairs of nuerict,. t ilirct '` •1 arerKkc amotnitshow•n hereon in lawful money of the United States of America, at First h State Bank of Tars, Taos, New Mexico, the amount show[. from the prerrea• of a d.aig- ' •StatE Sank of Trios, Taos, New Nfexico, the amount shown from the proceeds of n desig- nated special fund or other income legally available, as provided in the bon1,to+A'hieh IV, ' ' 'natal IlIFGaI'fund or other income legally available, as provided in the bond to which this coupon is attached, interest then due on its Sales Tax Revenue Bond, Series April 1, 1975. coupon is attached,interest then due on its Sales Tax Revenue Bond, Series April 1, 1975. BOND No. BO tiD No. `[[`��\� ✓ Tf/ 2EASURC •� �/� `t�L�\� V T/ riEgsU NE f/�, No. 4 ON THE iS'1' DAY OF APRIL, 1977, $162.5��� � X3\'0. 3 ON THE 1ST DAY OF OCTOBER, 1976, 81 )2.5�'�� unless the bond to which this coupon is attached, if callable, has been called for prior redemp- unless the bond to whfeh this coupon is attached, if callable, has been called for prior redemp- time, the Town of Taos, in the County of Taos, and Stale of New Mexico, will pay to the lion, the Town of Taes, in the County of 'Taos, and State of New Mexico, will pay to the bearer the amount shown h,rcon in lawful money of the United States of America, at First bearer the amount shown hereon In law[ul money of the United States of America, at First State Bank of Taos, Taos, New Nlezico the amount shown from the proceeds of a desig- State Bank of Taos, Taos, New Nlezico, the amount shown [rom the proceeds of a desig- nated special fund or other income legally available, as provided in the bond to which this natal special [end or other income legally available, as provided in the bond to which this coupon is attached, interest then due on its Sales Tax Revenue Bond, Series April 1, 1975. coupon is attached, interest then due on its Sales Tax Revenue Band, Series April 1, 1975. BOND No. /�(� \l :W N D No. \� V T/ RCASF% ► '1�/.yi \� V TREASURE � ��--, �"--J=-•--+---_ ,_.. -- -._ i �-'^U--"���'.'�ita�-'io.�e^.-•���.6 ��qq •1V►. 2 ON THE 1ST DAY OF .APRIL., 1976,',, $162.5�•�`� •�'�i�.' '1 'Oj�I'e1;IIE 151' DAs' OF OCIOC3ER, 1975, 3162.SC�'' unless the bond to which this coupon is attached, if callable, has been caUed for prior redemp- \� � unless the bond to w'hfo1f this couptn is attached, if callable, has been called for prior redemp. lion, the Town of Taos, in the County of Taos, and State of New Mexico `Hill �.ay to ti,e tin' tat•7otj o?'Tas, in the County of 'raos, and Starr of New Mexico, will pay to the bearer the amount shown hereon in lawful money of the United Slates of hrlheric'. m First .� , ,bcar3r]lyp a o ntshow•n hereon in lawful money of the United States of America, at First State Bank of Taos, Taos, New Mexico the amount shown from the proceedU qY' ri desig h , ,9lat� jjj3ank of pities, Tats, New Mexico, the amount shown front the proceeds of a desi�- naled special fund or other income legally available, as provided in the botgl.to which this, . •natarl e{xe3alefun or other income legally available, as provided in the bond to which this coupon is attached, interest then due on its Sales Tax Revenue Bond, Series April 1, 1975 coupon is attached, interest then due on its Sales Tax Revenue Bond, Series April 1, 1975. + BOND No. /�jy ti � n B ND o. 'URE \�`� ✓ Tt• PETERSON PROPERTIES, INC. April 4, 1978 14s. Liz Maes Town of Taos Drawer "M" Taos, New Mexico 87571 RE: CRUZ ALTA PLAZA SHOPPING CENTER SWC HIGHWAY 68 AND LA POSTA ROAD TAOS, NEW MEXICO Dear Liz: In line with our conversation, we have enclosed two (2) copies of the Survey so that you can finalize the annexation and zoning for this property. If we can be of any help, just give us a call. Thanks. s Sincerely, PETERSON PROPERTIES, INC. 4!��A Steve Johnson SJ:Acm CC: J. A. Peterson Enclosure: Survey (2 copies) 2325 SAN PEDRCI N.E. • ALBUQUERQUE, NEW MEXICO 87110 • (� f along the right of way S. 62° 12 ' E. , 439 . 8 feet; thence, S. 640 46 ' .E. , 48 feet to the northeast corner, a point on the westerly right of way, of State Road 3 and 68 from which a 1/2 inch rebar set as a witness corner bears S. 640 46 ' E. , 1 foot; thence -along the westerly line of the right of way S. 260 47 ' W. , approxi- mately 993 .4 feet to a point, the southeast corner of this tract; thence N. 530 00 ' W. , 553 feet to the point of beginning. Also described as Tracts 3, 4 , 6, 7 and 8, Map 20, New Mexico Reassessment Survey No. 2 (1941) . The above described tract contains 11 acres more or less. Section 2 . That the above described annexed property be zoned as C-2, General Commercial Zone, in accordance with the Town Zoning Ordinance and that the appro- priate change be made on the Town Official Zoning Map. Section 3. That a copy of this Ordinance, together with a copy of the plat of the territory so annexed, shall be f iled in the office of the County Clerk of Taos County, New Mexico. Section 4 . That this Ordinance shall be effective five days after its publication by title and general summary. PASSED, ADOPTED AND APPROVED this ��;• day of F�Bi�d•�Ry 197-9. TO F TAO .. —.... ;.1t BY: i l TT MAYO .k A :' At _ %'A •� rr •:: '• T �0�'ili 1 E � v is�• i.•;'.'s, STATE OF NEW MEXICO MUNICIPAL CLERK r COUNTY OF TAOS ;, �• This instrument was flied tb�•,, � "'iN� record on the day of nL •V''• A.D.19y at o'clock_?[ _ and duly recorded in book/y STATE.OF NEW MEXICO ) SS Page Sq— �• ' f`�IO�T� COUNTY OF TAOS ) _. This Instrument was filed or record on the day of� h Clerk rder -- r A.D.19�j? a0_,_,U o'clock—eiD•. , ��' piny ` and duly recor _77 PC 09 uny CI k & Recorder eputy W n 'P Y Ji s `i 1 i 6 2 } ponApsred tr wn4LL------ ivp 1 I L C� ` ' ys-7g t KTOWN OF TAOS ORDINANCE NO. 1977-& AN ORDINANCE ANNEXING A TRACT CONTAINING APPROXIMATELY 11 ACRES LYING WITHIN THE NORTHWEST QUARTER OF PROJECTED SECTION 20, T 25 N, R 13 E, N.M.P.M. , CONTIGUOUS TO THE SOUTH BOUNDARY OF THE TOW14 OF TAOS. WHEREAS, a Petition has been presented to the Town Council of the Town of Taos asking for the annexation of contiguous territory of the Town of Taos, New Mexico, that is described hereafter, by the owners of a majority of such contiguous ter- ritory sought to be annexed, pursuant to the provisions of Section 14-7-17 , as amended, and said Petition complying with all of the provisions of the law; WHEREAS, such Petition was accompanied by a map showing the external boundary of the territory proposed to be annexed and the relationship of the territory proposed to be annexed to the existing boundary of the municipality; WHEREAS, the Town Council of the Town of Taos has determined that the owners of a majority of the acreage in such contiguous _. territory have signed said Petition; WHEREAS, the Planning and Zoning Commission of the Town of Taos has approved by Resolution the annexation of such contiguous territory as a C-2 , General Commercial zone; and WHEREAS, it is for the best interest of the Town of Taos, New Mexico, and for the best interest of the owners and inhabi- tants of such contiguous territory, that it be annexed. NOW, THEREFORE, BE IT ORDAINED BY THE GOVERNING BODY OF THE TOWN OF TAOS, NEW MEXICO: Section 1. That pursuant to the provisions of Section 14-7-17, as amended the Town Council of the Town of Taos, New Mexico, by this ordinance, expresses its con- sent to the annexation of the following described ter- ritory contiguous to the Town of Taos, such land being situated in the County of Taos, New Mexico: Beginning at the Southwest corner of this tract, a one inch drill steel found on the North boundary of the Cristobal del la Serna Grant from which triangulation station ' Bosque' , a 1973 State En- gineer Office Brass Cap Monument bears S. 39° 41 ' E. , 7 , 785. 3 feet distant; thence, N. 29° 27 ' E. , 227 . 8 feet to a one inch pipe; thence, N. 29° 24 ' E. , 278 . 9 feet to a 3/4 inch galvanized pipe; thence, N. 29° 28 ' E. , 93 . 1 feet to a 5/8 inch rebar; thence, N. 28° 56 ' E. , 256 . 6 feet tb the northwest corner, a 5/8 inch rebar on the north- easterly right of way of La Posta Road; thence NOTICE OF ADOPTION AND PASSAGE OF A SIGN ORDINANCE Notice is hereby given that the Town of Taos has adopted Ordinance No. 1977-648, an ordinance annexing a tract containing approximately 11 acres lying within V , Northwest Quarter of the projected section 20, T 25, R 13 E, N.M.P.M. , continguous to the south boundary of the Town of Taos. Passed, adopted and approved this 16th day of February, 1978. Y'rk-*eaVurer 0 nzales , i i s along the right of way S . 620 12 ' E. , 439 . 8 feet; thence, S. 640 46 ' E. , 48 feet to the northeast corner, a point on the westerly right of way of State Road 3 and 68 from which a 1/2 inch rebar set as a witness corner bears S. 641 46 ' E. , 1 foot; thence along the westerly line of the right of way S. 260 47 ' W. , approxi- mately 993 . 4 feet to a point, the southeast corner of this tract; thence N. 531 00 ' W. , 553 feet to the point of beginning. Also described as Tracts 3, 4 , 6, 7 and 8 , Map 20, New Mexico Reassessment Survey No. 2 (1941) . The above described tract contains 11 acres more or less. Section 2 . That the above described annexed property be zoned as C-2 , General Commercial Zone, in accordance with the Town Zoning Ordinance and that the appro- priate change be made on the Town Official Zoning Map. Section 3. That a copy of this Ordinance, together with a copy of the plat of the territory so annexed, shall be filed in the office of the County Clerk of Taos County, New Mexico. Section 4 . That this Ordinance shall be effective five days after its publication by title and general summary. PASSED, ADOPTED AND APPROVED this Ii, day of f:t9ku.My 197V. _ �YX ' :14�r TO F TAO f� � j ;\, IT MAYO STATE OF NEW MEXICO t " COUNTY OF TAOS MUNICIPAL CLERK � This instrument was filed for.,. record on the �' day of �'�L •''� A.0. 19'V/at Al o'clock and duly recorded in book Page 9 S9— ' ty Clerk & der e7f . 7 P* V J j . 4p A Gompsrea tram 0.....0:�. . .�._.._,.. IIIUei�9d ' ��vcA v v t Y1 T^a L4 • • v. .' r 1 '3'� KTOWN OF TAOS ORDINANCE N.O. 1977-& AN ORDINANCE ANNEXING A TRACT CONTAINING APPROXIMATELY 11 ACRES LYING WITHIN THE NORTHWEST QUARTER OF PROJECTED SECTION 20, T 25 N, R 13 E, N.M.P .M. , CONTIGUOUS TO THE SOUTH BOUNDARY OF THE TOWN OF TAOS. WHEREAS, a Petition has been presented to the Town Council of the Town of Taos asking for the annexation of contiguous territory of the Town of Taos, New Mexico, that is described hereafter, by the owners of a majority of such contiguous ter- ritory sought to be annexed, pursuant to the provisions of Section 14-7-17 , as amended, and said Petition complying with all of the provisions of the law; WHEREAS, such Petition was accompanied by a map showing the external boundary of the territory proposed to be annexed and the relationship of the territory proposed to be annexed to the existing boundary of the municipality; WHEREAS, the Town Council of the Town of Taos has determined that the owners of a majority of the acreage in such contiguous territory have signed said Petition; WHEREAS, the Planning and Zoning Commission of the Town of Taos has approved by Resolution the annexation of such contiguous territory as a C-2 , General Commercial zone; and WHEREAS, it is for the best interest of the Town of Taos, New Mexico, and for the best interest of the owners and inhabi- tants of such contiguous territory, that it be annexed. NOW, THEREFORE, BE IT ORDAINED BY THE GOVERNING BODY OF THE TOWN OF TAOS, NEW MEXICO: Section 1. That pursuant to the provisions of Section 14-7-17 , as amended the Town Council of the Town of Taos, New Mexico, by this ordinance, expresses its con- sent to the annexation of the following described ter- ritory contiguous to the Town of Taos , such land being situated in the County of Taos, New Mexico: Beginning at the Southwest corner of this tract , a one inch drill steel found on the North boundary of the Cristobal del la Serna Grant from which triangulation station ' Bosque' , a 1973 State En- gineer Office Brass Cap Monument bears S . 390 41 ' E . , 7 , 785 . 3 feet distant; thence, N. 290 27 ' E. , 227 . 8 feet to a one inch pipe; thence, N. 29° 24 ' E. , 278 . 9 feet to a 3/4 inch galvanized pipe; thence, N. 29° 28 ' E. , 93 . 1 feet to a 5/8 inch rebar; thence, N. 28° 56 ' E. , 256. 6 feet to the northwest corner, a 5/8 inch rebar on the north- easterly right of way of La Posta Road; thence