City of Rio Rancho Awards $110,000,000 Bonds Contract to Quail Ranch Solar (March 2025)
City of Rio RanchoCity · Rio Rancho, NM- Disclosed value
- $110,000,000
- From meeting minutes
- Approved
- Mar 13, 2025
The 30-second brief
Ordinance amending ordinance No. 9, enactment No. 24-09 relating to the issuance and sale of City of Rio Rancho, New Mexico Taxable Industrial Revenue Bonds (Quail Ranch Solar LLC Project), in a maximum principal amount of up to $110,000,000, for the purpose of updated and approving the annual payments in lieu of taxes to the City of Rio Rancho, Rio Rancho Public Schools and Albuquerque Public Schools in conformity with the requirements of Section 3-32-6 NMSA 1978. The motion carried by a vote of 5 FOR and 0 AGAINST.
Quail Ranch Solar holds this bonds contract with City of Rio Rancho.
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Contract details
- Contract type
- Bonds
- Amount
- $110,000,000
- Document date
- March 13, 2025
- Term
- NA
- Vendor
- Quail Ranch Solar
- Agency
- City of Rio Rancho
- Source document
- city-of-rio-rancho-meeting-minutes-2025-03-13_5b6.pdf (Meeting Minutes)
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Questions about this contract
Who was awarded the bonds contract by City of Rio Rancho?
Quail Ranch Solar was awarded this bonds contract by City of Rio Rancho, as recorded on March 13, 2025. The contract value is $110,000,000.
How much is the Quail Ranch Solar contract with City of Rio Rancho worth?
The Quail Ranch Solar contract with City of Rio Rancho is valued at $110,000,000, covering bonds work.
What type of contract is this?
This is a Bonds contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in city-of-rio-rancho-meeting-minutes-2025-03-13_5b6.pdf (Meeting Minutes), dated March 13, 2025 from City of Rio Rancho. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Quail Ranch Solar hold?
Quail Ranch Solar may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Rio Rancho currently buying?
Explore City of Rio Rancho's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.