New Mexico NM Albuquerque Municipal School District 12 School District 2020 Tax Abatement - Bernalilio County General Economic Development New Mexico Statutes Annotated 7-37-6; 3-45 Bernalillo County, NM Real and Personal Property Tax (not specified) (not specified) $1,104,021 $0 $1,104,021 All agreements and their recipients are listed in the CAFR. 7855 New Mexico NM Albuquerque Municipal School District 12 School District 2020 Tax Abatement - City of Albuquerque General Economic Development New Mexico Statutes Annotated 7-37-6; 3-45 Albuquerque NM Property Tax (not specified) (not specified) $168,539 $0 $168,539 Cannot be determined by the Council; the Council is not a taxing authority. 7856 New Mexico NM Bernalillo County County 2020 Industrial Development Project Industrial development NMSA §4-59 County Industrial Revenue Bond Act and County Ordinance Bernalillo County, New Mexico Property Tax Tax Exemption Provisions are established in the agreement if termination, the company pays back abated taxes less all amounts paid or may revert to other agreements $74,618 $38,386 $36,232 (none) 7857 New Mexico NM Bernalillo County County 2020 Multi-Family Revenue Bonds Construction/rehabilitation NMSA §4-59 County Industrial Revenue Bond Act, NMSA §3-45 Municipal Housing Law and County Ordinance Bernalillo County, New Mexico Property Tax Tax Exemption Issuer can take possession and terminate agreement $313,541 $50,239 $263,302 (none) 7858 New Mexico NM Bernalillo County County 2020 IRB Construction/rehabilitation NMSA §4-59 County Industrial Revenue Bond Act, NMSA §3-45 Municipal Housing Law and County Ordinance Bernalillo County, New Mexico Property Tax Tax Exemption Issuer can take possession and terminate agreement $181,860 $0 $181,860 (none) 7859 New Mexico NM Bernalillo County County 2020 Taxable Industrial Revenue Bonds Construction/rehabilitation NMSA §4-59 County Industrial Revenue Bond Act and County Ordinance Bernalillo County, New Mexico Property Tax Tax Exemption Provisions are established in the agreement if termination, the company pays back abated taxes less all amounts paid or may revert to other agreements. In some agreements, the issuer can take possession and terminate agreement $836,835 $1,292,515 $0 (none) 7860 New Mexico NM City of Albuquerque Municipality 2020 Various tax abatement agreements General Economic Development Section 7-37-6 NMSA 1978 and Section 7-38 NMSA 1978 Bernalillo County Real Property Tax; Personal Property Tax; Gross Receipts Tax; Compensating Tax (not specified) (not specified) $925,586 $0 $925,586 (none) https://www.cabq.gov/dfa/treasury/investor-information/comprehensive-annual-financial-reports 7861 New Mexico NM City of Albuquerque Municipality 2020 Various Industrial Revenue Bonds agreements General Economic Development Article 32 NMSA 1978 and City ordinance 3-2-15 Albuquerque Property Tax Tax abatement; Tax Credit (not specified) $171,394 $16,993 $154,401 (none) https://www.cabq.gov/dfa/treasury/investor-information/comprehensive-annual-financial-reports 7862 New Mexico NM City of Las Cruces Municipality 2020 Community Development Incentive Act Business attraction/retention/expansion New Mexico Statutes Annotated 1978 3-64-1 through 3-64-5 Las Cruces, New Mexico Property Tax (not specified) (not specified) $113,853 $0 $113,853 (none) https://www.las-cruces.org/Archive.aspx?AMID=37 7863 New Mexico NM City of Rio Rancho Municipality 2020 Titan City Center, LLC Project - Industrial Revenue Bonds Series 2009 General Economic Development Sections 3-32-1 through 3-32-16, NMSA 1978 Annotated, Exempt from Property Tax under Section 7-36-3(A) NMSA 1978 Annotated Rio Rancho, New Mexico Property Tax Payment In Lieu of Taxes (PILOT) by agreement $136,068 $0 $136,068 (none) 7864 New Mexico NM City of Rio Rancho Municipality 2020 Petroglyph Real Estate Development Gross Receipts Investment Policy Agreement General Economic Development City of Rio Rancho Gross Receipts Investment Policy Ordinance, Section 36.77(A) Rio Rancho, New Mexico Gross Receipts Tax Tax refund (no provisions for recapture) $95,349 $0 $95,349 (none) 7865 New Mexico NM City of Rio Rancho Municipality 2020 Stonegate Tax Increment Development District General Economic Development Tax Increment Development Act, Sections 5-15-1, et seq. NMSA 1978 as amended. Rio Rancho, New Mexico Gross Receipts Tax Tax diversion (no provisions for recapture) $53,647 $0 $53,647 (none) 7866 New Mexico NM City of Rio Rancho Municipality 2020 Call, LLC Project - Industrial Revenue Bonds Series 1998A General Economic Development Sections 3-32-1 through 3-32-16, NMSA 1978 Annotated, Exempt from Property Tax under Section 7-36-3(A) NMSA 1978 Annotated Rio Rancho, New Mexico Property Tax Payment In Lieu of Taxes (PILOT) (not specified) $49,304 $0 $49,304 (none) 7867 New Mexico NM City of Rio Rancho Municipality 2020 Bank America - Industrial Revenue Bonds Series 1998B General Economic Development Sections 3-32-1 through 3-32-16, NMSA 1978 Annotated, Exempt from Property Tax under Section 7-36-3(A) NMSA 1978 Annotated Rio Rancho, New Mexico Property Tax Payment In Lieu of Taxes (PILOT) If the company ceases operation of the Facility within five years of the issuance of the Bonds, the Company will pay an amount equal to that percentage of the amount of taxes it would have been required to pay if the bonds had not been issued other than with respect to the Rio Rancho School District. Amount is calculated using mill levies and actual property tax valuations for each tax year. $36,898 $0 $36,898 (none) https://www.rrnm.gov/436/Financial-Statements 7868 New Mexico NM City of Roswell Municipality 2020 Christmas by Krebs - IRB General Economic Development (not specified) Property tax IRB (no provisions for recapture) $50,000 $0 $50,000 (none) 7869 New Mexico NM City of Roswell Municipality 2020 Leprino Foods Company General Economic Development (not specified) Property tax IRB (no provisions for recapture) $300,000 $0 $300,000 (none) 7870 New Mexico NM City of Roswell Municipality 2020 Sunrise Energy Ventures New Mexico, LLC General Economic Development (not specified) Property tax IRB (no provisions for recapture) $25,000 $0 $25,000 (none) 7871 New Mexico NM City of Santa Fe Municipality 2020 Ridgetop Road, LLC IRB General Economic Development NMSA 1978, Sections 3-32-1 to 3-32-16, Industrial Revenue Bond Act. City of Santa Fe, New Mexico Property Tax Tax Abatement Yes $563,980 $0 $563,980 Industrial Revenue Bond for the construction of the Thornburg Campus. $65,340.25, which was paid to the Santa Fe Public Schools per lease amendment. https://www.santafenm.gov/financial_reports_1 7872 New Mexico NM Dona Ana County County 2020 Industrial Revenue Bonds General Economic Development (not specified) Dona Ana County Property Tax (not specified) (not specified) $366,970 $110,403 $256,567 (none) 7873 New Mexico NM Gadsden Independent School District 16 School District 2020 Moarch Litho Inc, IRB General Economic Development Industrial Revenue Bond Act, Section 4‐59‐1 to 4‐ 59‐16 NMSA 1978 Dona Ana County Real and Personal Property Tax (not specified) (not specified) $46,296 $26,963 $19,333 All agreements and their recipients are listed in the CAFR. 7874 New Mexico NM Gadsden Independent School District 16 School District 2020 MCS Realty Partners, LLC - IRB General Economic Development Industrial Revenue Bond Act, Section 4‐59‐1 to 4‐ 59‐16 NMSA 1978 Dona Ana County Real and Personal Property Tax (not specified) (not specified) $59,304 $0 $59,304 All agreements and their recipients are listed in the CAFR. 7875 New Mexico NM New Mexico State 2020 Film Production Tax Credit Film, TV, and/or media Section Section 7-2F-6 NMSA 19787-9-114 NMSA 1978 State of New Mexico Personal or Corporate Income Tax Tax Credit (not specified) $55,600,000 $0 $55,600,000 (none) https://www.nmdfa.state.nm.us/new-mexico-annualreport/ 7876 New Mexico NM Rio Rancho Public School District 94 School District 2020 Industrial Revenue Bonds (IRB) General Economic Development Property Tax Code New Mexico Statutes Annotated 7, 35 to 7,38 Sandoval County Real and personal Property Tax Tax Abatement (not specified) $3,329,625 $0 $3,329,625 (none) 7877 New Mexico NM Rio Rancho Public School District 94 School District 2020 Industrial Revenue Bonds (IRB) General Economic Development Property Tax Code New Mexico Statutes Annotated 7, 35 to 7,41 City of Rio Rancho Property Tax Tax Abatement (not specified) $235,558 $235,558 $0 (none) 7878 New Mexico NM San Juan County County 2020 Industrial Revenue Bond General Economic Development (not specified) San Juan County Property Tax (not specified) Yes At June 30, 2020, the County had one taxable industrial revenue bond project that resulted in an abatement of taxes less than $50,000. For the nature of the abatement having been under the quantitative threshold and considering the immaterial nature of the abatement, the County did not need to report the abatement within the Notes under the guidelines of the Statement. 7879 New Mexico NM Sandoval County County 2020 Industrial Revenue Bonds - Intel Corp. General Economic Development County Revenue Bond Act (Sections 4-62-1 through 4-62-10, NMSA 1978 as amended); the County Industrial Revenue Bond Act (Sections 4-59-1 through 4-59-16, NMSA 1978, as amended); the County Pollution Control Revenue Bond Act (Sections 4-60-1 through 4-60-15, NMSA 1978 as amended); Municipal Housing law (Sections 3-45-1 through 3-45-25, NMSA 1978, as amended); and the Home Rule County Validation Act (Sections 4-37-10 through 4-37-13, NMSA 1978, as amended. Sandoval County Property Tax on real property and personal property used in business Tax Abatement Prior to December 31, 2014, Intel Corportation was obligated to pay "Contingent PILOT" payments if the entire principal amount of the bonds had been disbursed, or if at least $10,000,000,000 had been disbursed by December 31, 2014. The amount and scheduling of the payment was dependent on how much of the balance had been disbursed as of that date. The County and Intel Corporation signed a First Lease Amendment dated 6/2/2019, to the Lease Agreement, pursuant to County Oridinance 4-25-19.10 that provides for an extension of the time period for Intel to spend proceeds from the IRB until October 24, 2024. In exchange Intel shall pay the County an additional $1,000,000 in December of 2020 and 2021 and $500,000 in December of 2022 and 2023. $9,516,403 $9,150,000 $366,403 (none) 7880 New Mexico NM Sandoval County County 2020 Industrial Revenue Bonds - Bank of America General Economic Development County Revenue Bond Act (Sections 4-62-1 through 4-62-10, NMSA 1978 as amended); the County Industrial Revenue Bond Act (Sections 4-59-1 through 4-59-16, NMSA 1978, as amended); the County Pollution Control Revenue Bond Act (Sections 4-60-1 through 4-60-15, NMSA 1978 as amended); Municipal Housing law (Sections 3-45-1 through 3-45-25, NMSA 1978, as amended); and the Home Rule County Validation Act (Sections 4-37-10 through 4-37-13, NMSA 1978, as amended. Rio Rancho NM Property Tax on real property and personal property used in business Tax Abatement Prior to December 31, 2014, Intel Corportation was obligated to pay "Contingent PILOT" payments if the entire principal amount of the bonds had been disbursed, or if at least $10,000,000,000 had been disbursed by December 31, 2014. The amount and scheduling of the payment was dependent on how much of the balance had been disbursed as of that date. The County and Intel Corporation signed a First Lease Amendment dated 6/2/2019, to the Lease Agreement, pursuant to County Oridinance 4-25-19.10 that provides for an extension of the time period for Intel to spend proceeds from the IRB until October 24, 2024. In exchange Intel shall pay the County an additional $1,000,000 in December of 2020 and 2021 and $500,000 in December of 2022 and 2023. $39,607 $0 $39,607 (none) 7881 New Mexico NM Sandoval County County 2020 Industrial Revenue Bonds - Call, LLC General Economic Development County Revenue Bond Act (Sections 4-62-1 through 4-62-10, NMSA 1978 as amended); the County Industrial Revenue Bond Act (Sections 4-59-1 through 4-59-16, NMSA 1978, as amended); the County Pollution Control Revenue Bond Act (Sections 4-60-1 through 4-60-15, NMSA 1978 as amended); Municipal Housing law (Sections 3-45-1 through 3-45-25, NMSA 1978, as amended); and the Home Rule County Validation Act (Sections 4-37-10 through 4-37-13, NMSA 1978, as amended. Rio Rancho NM Property Tax Tax Abatement Prior to December 31, 2014, Intel Corportation was obligated to pay "Contingent PILOT" payments if the entire principal amount of the bonds had been disbursed, or if at least $10,000,000,000 had been disbursed by December 31, 2014. The amount and scheduling of the payment was dependent on how much of the balance had been disbursed as of that date. The County and Intel Corporation signed a First Lease Amendment dated 6/2/2019, to the Lease Agreement, pursuant to County Oridinance 4-25-19.10 that provides for an extension of the time period for Intel to spend proceeds from the IRB until October 24, 2024. In exchange Intel shall pay the County an additional $1,000,000 in December of 2020 and 2021 and $500,000 in December of 2022 and 2023. $52,923 $0 $52,923 (none) 7882 New Mexico NM Sandoval County County 2020 Industrial Revenue Bonds - Titan City Center, LLC General Economic Development Property Tax Code NMSA Chapter 7 Articles 35-38 City of Rio Rancho Property Tax Tax Abatement (not specified) $146,057 $0 $146,057 (none) 7883 New Mexico NM Santa Fe County County 2020 Industrial Revenue Bond Series 2007 for the Ridgetop Road, LLC Project General Economic Development (not specified) Santa Fe, NM Property Tax Tax Abatement (not specified) $240,306 $0 $240,306 (none) 7884 30