Dreamcatcher Journal Center Hotel Revenue Bond
At a glance
- What: O-26-37 (Bassan, by request) authorizes a taxable industrial revenue bond (Dreamcatcher Journal Center Hotel Project), Series 2026, in a maximum principal amount of $25,008,118 to acquire, construct, equip and improve a Home2 Suites by Hilton with an anticipated 103 guestrooms and associated site improvements. It authorizes an indenture, lease agreement, bond purchase agreement and related documents.
- Decision (June 15, 2026): Passed 9-0 on Bassan's motion, with no amendments.
- Related: The companion Dreamcatcher Sawmill Hotel Revenue Bond (maximum $40,520,267) was postponed the same night.
- Gap: The summary records no discussion and does not give the hotel's location.
Sources
- City Council action summary, June 15, 2026: https://legistar.granicus.com/cabq/meetings/2026/6/3149_M_City_Council_26-06-15_Action_Summary.pdf
- Council President letter of introduction, June 1, 2026: https://legistar.granicus.com/cabq/meetings/2026/6/3144_M_President_26-06-01_Letter_of_Introduction.pdf
Log
2026-06-15 - City Council
Passed 9-0.
2026-06-01 - President
O-26-37 introduced (Bassan, by request) for the June 15 Council meeting; maximum principal $25,008,118.