Legislation Details

File #: OR1152-26b    Version: 1
Type: Ordinance Status: Public Hearing
File created: 7/16/2026 In control: County Council - Regular Session
On agenda: 9/8/2026 Final action:
Title: Incorporated County of Los Alamos Ordinance No. 759; An Ordinance Authorizing the Execution and Delivery of a Water Project Fund Loan/Grant Agreement Between the New Mexico Finance Authority (“NMFA”) and the Incorporated County of Los Alamos, New Mexico in the $3,252,000 for the Purpose of Financing the Costs of Phases II and III of the Denver Steels Waterline Replacements
Presenters: James Martinez; Tara Mariano
Indexes (Council Goals): Quality Excellence - Effective, Efficient, and Reliable Services, Quality Excellence - Infrastructure Asset Management, Quality Governance - Fiscal Stewardship, DPU FY26 - 1.0 Provide Safe and Reliable Utility Services, DPU FY26 - 2.0 Achieve and Maintain Excellence in Financial Performance
Attachments: 1. A - LAC Ordinance No. 759, 2. B - Amended and Restated Loan Grant Agreement, 3. C - Budget Revision 2027-13, 4. D - Credit Analysis Updated, 5. E - Debit Service Schedule, 6. F - NMFA Board Summary Report, 7. G - NMED Debt Consent Letter, 8. H - Publication Notice
Related files: OR1152-26, 22099-26
Title
Incorporated County of Los Alamos Ordinance No. 759; An Ordinance Authorizing the Execution and Delivery of a Water Project Fund Loan/Grant Agreement Between the New Mexico Finance Authority (“NMFA”) and the Incorporated County of Los Alamos, New Mexico in the $3,252,000 for the Purpose of Financing the Costs of Phases II and III of the Denver Steels Waterline Replacements
Recommended Action
I move that Council adopt Incorporated County of Los Alamos Ordinance No. 759; An Ordinance Authorizing the Execution and Delivery of a Water Project Fund Loan/Grant Agreement Between the New Mexico Finance Authority (“NMFA”) and the Incorporated County of Los Alamos, New Mexico in the amount of $3,252,000 for the Purpose of Financing the Costs of Phases II and III of the Denver Steels Waterline Replacements; I further move that, upon passage, the Ordinance be published in summary form.
Utilities Manager's Recommendation
The Utilities Manager recommends that Ordinance No. 759 be adopted as presented.
Board, Commission or Committee Recommendation
The Board of Public Utilities reviewed this request at their regular meeting on August 19, 2026 and recommends that Ordinance No. 759 be adopted as presented.
Body
The Denver Steels Project Phase II is funded under DWSRF Loan No. 6651. During construction, several existing galvanized water service lines were identified as severely corroded and actively leaking. Replacement of these lines is critical to maintain system integrity and protect public health; the work to replace the service lines was not part of the original scope of work and was not eligible for reimbursement under the DWSRL Loan No. 6651 agreement.

Los Alamos County reached out to NMFA about other funding opportunities and found that under the Infrastructure Investment and Jobs Act (IIJA), specifically the allocation designated for Lead Service Line Replacement (LSLR) through the Drinking Water State Revolving Fund (DWSRF). NMFA assisted Los Alamos County ...

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