Summary

Finance & Government Operations Committee forwards multiple finance, real estate, airport, and housing items to Council (May 11, 2026)

AlbuquerqueMay 11, 20263 min read

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Committee voted to send a package of awards, leases, real estate and finance items to Council (including airline leases, right-of-way services, a real estate sale, five-year forecast, and bond/PID matters); housing- and tenant-related measures were amended or sent without recommendation; several tax- and public-safety-related ordinances/resolutions were advanced or amended. Meeting adjourned at 5:51 p.m.

Projects mentioned

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Municipal Development Appropriation To The Department Of Municipal Development Update The Powers Of The Metropolitan Redevelopment

Committees mentioned

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Finance & Government Operations Committee

Topics discussed

TransportationBudget & TaxPublic SafetyCommerceElectionsEnvironmentalHousing

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Key decisions

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EC-26-95: Recommendation of Award for Real Property Right-of-Way Services — Sent to Council with recommendation Be Approved.
EC-26-98: Scheduled Airline Operating Agreement and Terminal/Cargo Leases with Alaska, American, Delta, Southwest, United, FedEx, and UPS — Sent to Council with recommendation Be Approved.
EC-26-101: Approval of Real Estate Sales Agreement for 5511 Holly Ave NE — Sent to Council with recommendation Be Approved.
EC-26-102: Third Quarter Update on FY2026 Objectives — Sent to Council with recommendation Receipt Be Noted.
EC-26-107: Submission of the Five-Year Forecast FY2026–FY2030 — Sent to Council with recommendation Receipt Be Noted.
O-26-24: Rental Unit Habitability Enforcement Ordinance — Sent to Council Without Recommendation.
R-26-20: Establishing Code Enforcement Priorities for the Protection of Residential Tenants — Amendment No. 1 adopted; Sent to Council Do Pass, as Amended.
O-26-25: Amend Chapter 14, Article 8 to create a Tax Increment Finance (TIF) Board and update MRA/City Council powers — Amendments adopted; Sent to Council Do Pass, as Amended.
O-26-31: Amend Public Safety Tax Advisory Board Ordinance to clarify role, transparency, administration, oversight, and reporting — Sent to Council Do Pass (4–1).
R-26-29: Proposition to update dedication of the Public Safety Gross Receipts Tax — Amendment No. 1 adopted; Sent to Council Without Recommendation, as Amended (4–1).
R-26-16: Acceptance of Trails+ grant and appropriation to Department of Municipal Development — Sent to Council Do Pass.
R-26-22: Establish Cruisers for Route 66 program along Central Avenue — Sent to Council Do Pass.
R-26-25: Mesa Del Sol PID No. 1 bond issuance and refunding (up to $14M Series 2026A; up to $6M Series 2026B) — Sent to Council Do Pass (4–1); separate motion to send for immediate action failed (4–1).

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