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Record of Proceedings

Rio Rancho Governing Body Regular Meeting - February 12, 2026

Meeting Portal — Thursday, February 12, 2026
BodyRio Rancho, New Mexico
SessionMeeting Portal
DateThursday, February 12, 2026
StatusFILED
Video Record
0:00 / 19:05

Original source
Transcript — VerbatimClick a timed line to jump · ⧉ to share it
0:00

Good evening.

0:00

Please rise for the Pledge of Allegiance.

0:03

Let's see here.

0:04

Counselor Lennon, would you lead us, please?

0:06

I pledge allegiance to the flag of the United States of America and to the Republic for which it stands.

0:14

One nation under God, indivisible, with liberty and justice.

0:19

For all please remain standing if we take a moment of silence and reflection for our first responders and the fact that they're always out there putting their lives in harm's way to protect us.

0:30

And so with that, let's just take a moment of uh reflection.

0:43

Thank you for that.

0:45

And go ahead and call this meeting to order.

0:51

And I will ask everybody to please silence their cell phones as I take the same advice.

0:58

And let's see here.

0:59

For the record, I'll announce the names of the governing body members.

1:02

And when I say your name, please acknowledge your presence by saying present.

1:06

Counselor Dabson.

1:07

Present.

1:08

Thank you.

1:09

Counselor Lennon Time.

1:10

Present.

1:11

Thank you.

1:11

Counselor Tyler, present.

1:13

Thank you.

1:13

Counselor Weimer.

1:14

Present.

1:15

Thank you.

1:15

Counselor Colbreth.

1:17

Present.

1:17

Thank you.

1:18

And Councilor List.

1:20

Thank you.

1:21

Okay.

1:22

Moving on to public forum.

1:24

Do we have anybody signed up to speak?

1:27

No, Mr.

1:28

Mayor, we do not.

1:29

Thank you.

1:30

Any comments by counselors?

1:34

Hearing none.

1:34

Oh, I'm sorry, yes, Councillor List.

1:37

Sorry, I'm trying to find my note real quick so I get this correct.

1:40

I just wanted to give a shout out to Real Rancho Fire and Rescue.

1:44

We have the honor and privilege of this week or next week having our fire chief at a specialized training.

1:53

There were applicants from all over the United States and Canada, and only 24 fire chiefs were selected.

2:00

And so let me just get this correct.

2:04

He is at the Fire Service Executive Development Institute.

2:09

And so this is a super huge honor and privilege for the city of Real Rancho.

2:12

So congratulations to all the men and women of Real Rancho Fire.

2:18

Thank you.

2:20

All right.

2:20

And just as another quick note, the uh friends and lovers ballooning event is going to be this weekend as well.

2:29

So that's uh so we should be hopefully if the weather holds up on Saturday, uh we'll see uh balloons all over the skies of Rio Rancho, and if not, we'll see them on Sunday.

2:42

So hopefully see some good weather there, and they're they take off early in the morning, so you gotta get up early to see them.

2:49

But so that should be a lot of fun.

2:51

Anything else from counselors.

2:55

All right, hearing none.

2:56

Moving on to the consent calendar.

2:57

I'll take a motion to approve the consent calendar, please.

3:01

Motion to approve second.

3:04

I have a motion and a second.

3:05

Uh Ms.

Discussion Breakdown — Share of Meeting
Fiscal Sustainability█████████████████████████████████████37%
Public Engagement█████████████████████████████29%
Procedural██████████████████████22%
Water And Wastewater Management████████████12%
Summary of Proceedings

Rio Rancho Governing Body Regular Meeting - February 12, 2026

The Rio Rancho Governing Body held a regular meeting on February 12, 2026, at 6:00 PM in the Council Chambers. The meeting included approvals of consent calendar items, a first reading of an ordinance authorizing $25 million in utility revenue bonds, and acceptance of the Fiscal Year 2025 audit report with no findings. The meeting adjourned at 6:22 PM.

Consent Calendar

  • Minutes of January 22, 2026, Regular Meeting – Approved.
  • R6, Resolution Authorizing Budget Adjustment (State Appropriations Capital Fund 315) – Meadowlark Senior Center Renovation and HVAC – Approved.
  • R7, Resolution Authorizing Budget Adjustment (State Appropriations Capital Fund 315) – Broadmoor Senior Center Misc. Equipment – Approved.
  • R8, Resolution Authorizing Budget Adjustment (State Appropriations Capital Fund 315) – Meadowlark Senior Center Misc. Equipment – Approved.
  • R9, Resolution Authorizing Budget Adjustment (State Appropriations Capital Fund 315) – Meadowlark Senior Center Meal Equipment – Approved.
  • R10, Resolution Authorizing Budget Adjustment (State Grants Fund 252) – Approved.
  • R11, Resolution Appointing Benjamin Sanchez as Alternate Municipal Court Judge – Approved.

All consent calendar items were approved by a vote of 6 FOR and 0 AGAINST (Councilor Dapson, Lenentine, Tyler, Wymer, Culbreath, List all in favor).

Public Comments & Testimony

  • No members of the public registered to speak during Public Forum or on any agenda item.

Discussion Items

First Reading of Ordinances: O1 – Water and Wastewater System Improvement and Refunding Revenue Bonds, Series 2026

Stephanie Yara, Director of Financial Services, presented the ordinance seeking reauthorization of up to $25 million in utility revenue bonds, originally approved in November 2025 but expiring after 120 days due to unfavorable market conditions. The bonds would fund capital improvement projects (CIP) for the water utility, with a total five-year utility CIP plan of approximately $233 million. The ordinance also authorizes refunding (refinancing) up to $38.4 million of existing debt (Series 2015 bonds and New Mexico Finance Authority loans) to achieve potential savings of up to $1.95 million over 20 years without extending debt maturity or requiring rate increases. The estimated all-in interest rate for the new bonds is 3.554%.

Mayor Hull expressed strong support, praising staff for the city's upgraded bond ratings and financial discipline that enabled savings for ratepayers. Councilor List concurred, noting the finance department's numerous awards and the city's excellent budget position.

The motion to approve O1 passed unanimously with a vote of 6 FOR and 0 AGAINST.

R12 – Resolution to Accept and Approve the Fiscal Year 2025 Audit Report

Stephanie Yara presented the resolution approving the fiscal year 2025 audit conducted by Hinkle + Landers, PC (new auditors). Farley Vener, President of Hinkle + Landers, reported an unmodified (clean) opinion on the financial statements and an unmodified opinion on compliance with federal awards. There were no audit findings reported for either component.

Discussion featured Mayor Hull and Councilor List commending the entire city staff for achieving another clean audit with no findings, underscoring transparency and fiscal responsibility. Mayor Hull also noted that annual audits are legally required for all government agencies.

The motion to approve R12 passed unanimously with a vote of 6 FOR and 0 AGAINST.

Key Outcomes

  • Consent Calendar – All seven items (Minutes, R6–R11) approved 6-0.
  • Ordinance O1 – First reading of ordinance authorizing up to $25 million in utility revenue bonds and refinancing of up to $38.4 million in existing debt approved 6-0.
  • Resolution R12 – Fiscal Year 2025 audit report accepted and approved 6-0.
  • City Manager Report – Matt Geisel provided early voting information for the Municipal Officer Election, noting expanded early voting from February 14–28 at multiple locations (Broadmoor Senior Center, Loma Colorado Main Library, Sabana Grande, former MVD building, The Hub in Enchanted Hills, and 2345 Southern Blvd, Suite C2). Hours are 9 AM to 6 PM, Tuesday through Saturday.

Adjournment

The meeting adjourned at 6:22 PM.

Meeting Transcript

Good evening. Please rise for the Pledge of Allegiance. Let's see here. Counselor Lennon, would you lead us, please? I pledge allegiance to the flag of the United States of America and to the Republic for which it stands. One nation under God, indivisible, with liberty and justice. For all please remain standing if we take a moment of silence and reflection for our first responders and the fact that they're always out there putting their lives in harm's way to protect us. And so with that, let's just take a moment of uh reflection. Thank you for that. And go ahead and call this meeting to order. And I will ask everybody to please silence their cell phones as I take the same advice. And let's see here. For the record, I'll announce the names of the governing body members. And when I say your name, please acknowledge your presence by saying present. Counselor Dabson. Present. Thank you. Counselor Lennon Time. Present. Thank you. Counselor Tyler, present. Thank you. Counselor Weimer. Present. Thank you. Counselor Colbreth. Present. Thank you. And Councilor List. Thank you. Okay. Moving on to public forum. Do we have anybody signed up to speak? No, Mr. Mayor, we do not. Thank you. Any comments by counselors? Hearing none. Oh, I'm sorry, yes, Councillor List. Sorry, I'm trying to find my note real quick so I get this correct. I just wanted to give a shout out to Real Rancho Fire and Rescue. We have the honor and privilege of this week or next week having our fire chief at a specialized training. There were applicants from all over the United States and Canada, and only 24 fire chiefs were selected. And so let me just get this correct. He is at the Fire Service Executive Development Institute. And so this is a super huge honor and privilege for the city of Real Rancho. So congratulations to all the men and women of Real Rancho Fire. Thank you. All right. And just as another quick note, the uh friends and lovers ballooning event is going to be this weekend as well.

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