Title
Incorporated County of Los Alamos Ordinance No. 741; an Ordinance Authorizing the Execution and Delivery of a Loan and Subsidy Agreement by and Between the Incorporated County of Los Alamos and the New Mexico Finance Authority (NMFA,) in the Total Amount of $2,727,000 for the Purpose of Financing the Costs of Phases II & III of the Denver Steels Waterline Replacements Project
Recommended Action
I move that Council adopt Incorporated County of Los Alamos Ordinance No. 741; Ordinance Authorizing the Execution and Delivery of a Loan and Subsidy Agreement by and Between the Incorporated County of Los Alamos and the New Mexico Finance Authority (NMFA,) in the Total Amount of $2,727,000 for the Purpose of Financing the Costs of Phases II & III of the Denver Steels Waterline Replacements Project; I further move that, upon passage, the Ordinance be published in summary form.
Utilities Manager's Recommendation
The Utilities Manager recommends that Council adopt Incorporated County of Los Alamos Ordinance No. 741.
Board, Commission or Committee Recommendation
The Board of Public Utilities affirmed Ordinance No. 741 at their regular meeting on April 16, 2025 and recommends that Council adopt Incorporated County of Los Alamos Ordinance No. 741.
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...
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