LEGAL NOTICE

NOTICE IS HEREBY GIVEN that the Board of Education of Belen Consolidated School District No. 2, Valencia County, New Mexico, did on the 5th day of September 2023, adopt a resolution entitled:

BELEN CONSOLIDATED SCHOOL DISTRICT NO. 2
VALENCIA COUNTY, NEW MEXICO
RESOLUTION

A RESOLUTION AUTHORIZING THE ISSUANCE OF THE BELEN CONSOLIDATED SCHOOL DISTRICT NO. 2, VALENCIA COUNTY, NEW MEXICO, GENERAL OBLIGATION EDUCATION TECHNOLOGY LEASE PURCHASE ARRANGEMENT AND NOTE IN THE PRINCIPAL AMOUNT NOT TO EXCEED $1,300,000, PAYABLE FROM AD VALOREM TAXES LEVIED ON ALL TAXABLE PROPERTY WITHIN THE DISTRICT, LEVIED WITHOUT LIMIT AS TO RATE OR AMOUNT; PROVIDING FOR THE FORM, TERMS AND CONDITIONS OF THE LEASE PURCHASE ARRANGEMENT, THE MANNER OF ITS EXECUTION, AND THE METHOD OF, AND SECURITY FOR, PAYMENT; AND PROVIDING FOR OTHER DETAILS CONCERNING THE LEASE PURCHASE ARRANGEMENT

The Resolution directs and authorizes the issuance of the Belen Consolidated School District No. 2, Valencia County, New Mexico General Obligation Education Technology Note, Series 2023, in the aggregate principal amount of $1,300,000; authorizes the form of Lease Purchase Arrangement; provides for the form of the Note; the amount of rent payments; provides for levy of taxes to pay the payments on the Lease; makes certain covenants with the lessor; and provides other details concerning the Lease. Complete copies of the Resolution are available for public inspection during normal and regular business hours at the offices of the Board of Education at the Belen Consolidated School District No. 2, 520 North Main, Belen, New Mexico. This notice constitutes compliance with Section 6-15A-9 NMSA 1978.

DATED this 5th day of September, 2023.

Published in the Valencia County News-Bulletin 7th September, 2023

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Valencia County News-Bulletin
505-864-4472 | [email protected]

The Valencia County News-Bulletin is a locally owned and operated community newspaper, dedicated to serving Valencia County since 1910 through the highest journalistic and professional business standards. The VCNB is published weekly on Thursdays, including holidays both in print and online.