New Mexico Finance Authority approves $1.44M loan/grant for Silver City wastewater project
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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
More from NEW MEXICO FINANCE AUTHORITY
More from City of Silver
town-of-silver-city-loan-grant-agreement-october-31-2025_939.pdf
town-of-silver-city-loan-grant-agreement-october-31-2025_75d.pdf
town-of-silver-city-resolution-2025-32-land-use-and-zoning-code-update_b60.pdf
town-of-silver-city-town-council-item-report-october-28-2025_16d.pdf
town-of-silver-city-town-council-item-report-october-28-2025_766.pdf
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