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Loan/Grant Agreementapproved

town-of-silver-city-loan-grant-agreement_43b.pdf

New Mexico Finance Authority approves $1.44M loan/grant for Silver City wastewater project

$1,442,111City of SilverNEW MEXICO FINANCE AUTHORITYOctober 31, 2025

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

New Mexico Finance Authority approved a $1,442,111 loan/grant agreement with Town of Silver City for wastewater infrastructure improvements including Mill Road Sewer Bypass, effective October 31, 2025, with a 20-year term.

Contract Details

Contract Amount

$1,442,111

Vendor

NEW MEXICO FINANCE AUTHORITY

Agency

City of Silver, MS

Contract Type

Loan/Grant Agreement

Document Date

October 31, 2025

Contract Term

October 31, 2025 – 20 years

Renewal Date

October 31, 2025

Renewal Info

Amendment increased original award from $912,803 to $1,442,111; includes loan and grant components

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