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Los Ranchos trustees ratify voter‑approved GRT, open municipal facilities to private rentals, extend PNM franchise and approve grant submissions
Summary
At its March 17 meeting, the Board of Trustees adopted the enabling ordinance to implement a voter‑approved municipal GRT, approved new rules allowing private and for‑profit rentals of village facilities (with permit and insurance rules), extended time for PNM to accept a franchise ordinance, and authorized multiple grant/resolution submissions. Several measures passed unanimously.
Los Ranchos de Albuquerque trustees on Tuesday moved a set of municipal actions that will put previously voter‑approved and administratively proposed initiatives into effect and authorize funding applications for local projects.
The Board adopted Ordinance No. 309, the gross receipts tax (GRT) enabling ordinance required by the New Mexico Department of Finance and Administration to implement the municipal economic development GRT voters approved last November. "This is the gross receipts tax enabling ordinance required by DFAS to actually put into place the gross receipts tax that the voters of Los Ranchos approved last November," said Miss Schultz, who explained the ordinance is a procedural step to send the measure to DFA and schedule it to go into effect on July 1.
In the same meeting…
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