Corrales GO Bonds Sold to New Mexico Finance Authority
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Description
The Village of Corrales is proceeding with Bond Sale Ordinance No. 26-03 to issue and sell $1,600,000 in General Obligation Bonds, Series 2026, which will be purchased by the New Mexico Finance Authority. The 8‑year bonds will fund fire department facilities and road and flood control improvements, with closing scheduled for June 26, 2026.
Contract Details
Contract Amount
$1,600,000
Vendor
NEW MEXICO FINANCE AUTHORITY
Agency
Corrales village, NM
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Contract Term
8-year repayment with serial maturities from 2027–2034; closing date June 26, 2026; final maturity 08/01/2034
Renewal Date
2034-08-01
Renewal Info
Series 2026 General Obligation Bonds with serial maturities from 2027 through 2034; no renewals mentioned, only scheduled debt service until final maturity.
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