Title
Incorporated County of Los Alamos Resolution No. 24-30: A Resolution Authorizing and Approving Submission of a Completed Application for Financial Assistance and Project Approval to the New Mexico Finance Authority for the Denver Steels Waterline Replacement Project Phase II and III
Recommended Action
I move that Council adopt Incorporated County of Los Alamos Resolution No. 24-30: A Resolution authorizing and approving submission of a completed application for financial assistance and project approval to the New Mexico Finance Authority for the Denver Steels Waterline Replacement Project Phase II and III.
Utility Manager's Recommendation
The Utility Manager recommends that Council adopt Resolution No. 24-30 as presented.
Board, Commission or Committee Recommendation
The Board of Public Utilities approved this request at their regular session on December 4, 2024 and recommends that Council adopt Resolution No. 24-30 as presented.
Body
The Department of Public Utilities coordinates capital improvement projects with the Public Works Department each year as part of the budget preparation. The Denver Steels neighborhood has been a planned project due to the deteriorating condition of the roads. The existing waterlines are approximately 75 years old and are cast iron with lead joints. The water mains and service lines experience regular leaks and are in need of replacement. Existing sewer mains beneath the new roadway will also be replaced to eliminate the risk of having to excavate the new road to repair the sewer. Phase I of the project was completed in 2018, and replaced the road and waterlines closest to Diamond Drive. Phase II and Phase III are planned for fiscal years 2026 and 2027. These projects have been planned in the CIP budget to be funded by a low interest Drinking Water State Revolving Loan (DWSRL), administered through the New Mexico Finance Authority (NMFA). A resolution approved by the governing body is a required submittal with the application for the DWSRL. Applications are due by January 10, 2025. Phase II is scheduled to begin construction in the summer of 2025 and Phase III in the spring of 2026.
Alternatives
If the resolution is not approved, then alternative funding will be explored or the project will be deferred if funding is unavailable.
Fiscal and Staff Impact/Unplanned Item
The Denver Steels Project has been budgeted in FY2025 and FY2026 as follows:
Phase II FY2025 Water Distribution $1,398,495 plus applicable GRT
Phase III FY2026 Water Distribution $1,138,103 plus applicable GRT
The loan application will be for $2.7 million.
Additional costs for the sewer work is $300,000 that will be budgeted separately in FY 26 and FY 27.
Attachments
A - Resolution No. 24-30 NMFA_Denver Steels
B - Vicinity Map
C - Publication Notice