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Council adopts downtown vacant-premises ordinance to incentivize reuse; adds registration fees
Summary
The City Council passed O-2461 creating a downtown vacant premises registration, modest fees, and narrow exemption/amendments after multiple stakeholder meetings and floor amendments. Supporters said it will spur reuse; opponents worried about enforcement and data access.
The Albuquerque City Council approved ordinance O-2461 (commonly called the downtown vacant-premises ordinance), a regulatory package intended to encourage activation and reuse of vacant buildings in the downtown core. The council approved sponsor-led amendments and a final package after public testimony from downtown residents, business groups and neighborhood representatives.
Key points: The ordinance requires owners of qualifying vacant premises in a defined downtown boundary to register properties and pay graduated annual fees tied to…
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