City Council - 2026-04-06
Approves Manta Space LIDA Economic Development Agreement (O-19), unanimous
What happened
The Albuquerque City Council meeting on April 6, 2026 focused heavily on capital project indirect overhead (IDOH) regulations, passing O-3 which establishes a 2.75% baseline rate for charging administrative costs to general obligation bonds and state capital outlay projects.
- Jurisdiction
- Albuquerque, NM
- Governing body
- Final authority
- Date
- April 6, 2026
- Decisions
- 9 zoning decisions
- Outcome
- Approved, unanimous
Projects in this meeting (2)
Each is its own project; some span multiple hearingsLUHO Appeal Cost Criteria
Approved 5-4Manta Space LIDA Economic
ApprovedMeeting Summary
The Albuquerque City Council meeting on April 6, 2026 focused heavily on capital project indirect overhead (IDOH) regulations, passing O-3 which establishes a 2.75% baseline rate for charging administrative costs to general obligation bonds and state capital outlay projects.
Key Decisions (9)
Capital Program IDOH Rate Ordinance (O-3)
Ranked Choice Voting Ordinance (O-13)
Manta Space LIDA Economic Development Agreement (O-19)
Zoning Changes (1)
Development Activity (1)
Manta Space Headquarters and Manufacturing Facility
Industrial
Market Signals (4)
Commercial Demand
Manta Space chose Albuquerque over Atlanta, Austin, and LA for…
Housing Demand
City unable to complete Juniper Flats hotel conversion project (200…
Infrastructure
Council debating significant transit cuts with 52 positions proposed for…
Sentiment
City economist reported January GRT growth at 2.7% with cumulative…
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