Tax Increment Finance Board Ordinance
At a glance
- What: O-26-25 (Grout, by request) amends ROA 1994 Chapter 14, Article 8, to create a Tax Increment Finance (TIF) Board and update the powers of the Metropolitan Redevelopment Agency and the City Council accordingly.
- Amendments (June 15, 2026): Telles moved ten amendments; every one failed. No. 1 failed 4-5 (for: Baca, Fiebelkorn, Rogers, Telles). Nos. 2, 3 and 6 failed 3-6 (for: Fiebelkorn, Rogers, Telles). Nos. 4, 5, 7, 9 and 10 failed 2-7 (for: Fiebelkorn, Telles). No. 8 failed 2-6 with Lewis excused.
- Decision: Passed, 8-1, on Grout's motion. Against: Telles.
- Gap: The record does not describe the content of the amendments or the powers given to the board.
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
- City Council action summary, June 1, 2026: https://legistar.granicus.com/cabq/meetings/2026/6/3143_M_City_Council_26-06-01_Action_Summary.pdf
Log
2026-06-15 - City Council
Ten Telles amendments failed; passed 8-1 (against: Telles).
2026-06-01 - City Council
Postponed to June 15, 2026, 9-0, on Grout's motion under Deferrals/Withdrawals.
2026-05-11 - Finance and Government Operations Committee
Baca's Amendment No. 1 carried 4-0 (Peña excused) and No. 2 carried 5-0; sent to Council with Do Pass, as Amended, 5-0.