Title
Incorporated County of Los Alamos Resolution No. 24-23; 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 the Board recommend Incorporated County of Los Alamos Resolution No. 24-23; 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, and forward to Council for adoption.
Utility Managers Recommendation
The Utility Manager recommends that the Board recomend Incorporated County of Los Alamos Resolution No.24-23 and forward to Council for adoption.
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 services 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 August 31, 2024. Phase II is scheduled to begin construction in the spring of 2025 and Phase III in the spring of 2026.
Alternatives
If the resolution is not approved alternative funding will be explored, the project will be deferred if funding is unavailable.
Fiscal and Staff Impact - Planned/Unplanned Item
The Denver Steels Project has been budget in FY2025 and FY2026 as follows:
Phase II FY2025 Water Distribution $ 1,398,495
Phase III FY2026 Water Distribution $ 1,138,103
NMGRT $ 163,402
The loan application will be for $2.7 million.
Attachments
A - LAC Resolution 24-23
B - Project Vicinity Map