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Rio Rancho council approves FY24 audit, site plan, liquor license transfers and mid‑year budget; several ordinances advanced

2146333 · January 23, 2025
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Summary

At its most recent meeting the Rio Rancho City Council accepted the fiscal year 2024 audit, approved a build‑to‑rent site plan, granted local approval for two dispenser (liquor) license transfers, advanced two land‑use ordinances on first reading and adopted mid‑year budget adjustments.

The Rio Rancho City Council on unanimous votes accepted the fiscal year 2024 audit, approved a site plan for a build‑to‑rent multifamily community, granted local approval for two liquor‑dispenser license transfers, advanced two land‑use ordinances on first reading and adopted mid‑year budget adjustments for fiscal year 2025.

Audit: clean opinion accepted

Director Jaramillo and Raul Anaya, engagement partner at CliftonLarsonAllen (CLA), presented the independent audit of the city’s financial statements for the year ended June 30, 2024. Anaya said the firm issued “a clean opinion,” and he told the council the audit identified no findings and that the city received a clean opinion on administration of federal awards as well. The council adopted Resolution R8 accepting and approving the FY24 audit. The roll call showed unanimous approval.

Build‑to‑rent site plan

The council approved site plan D7 for a build‑to‑rent community proposed for the property legally described as Unit 10, Block 81, Lots 1 through 20. Amy Rincon, Director of Development Services, said staff found the site plan met standards and referenced prior variances approved by the Planning and Zoning Board. Applicant Ron Bohannon confirmed a two‑phase traffic study and mitigation plan — including analysis of about 14 intersections and an access evaluation on Unser Boulevard — and said mitigation measures would be…

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