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FINANCIAL_SERVICESAPPROVED

City of Santa Fe Governing Body Agenda April 2026

$17M NMFA loan for Canyon Road plant upgrades

$17,000,000Santa Fe MPONEW MEXICO FINANCE AUTHORITYApril 29, 2026

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Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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TerraCycle logo
Cyvl logo
WithersRavenel logo
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Description

Santa Fe is considering approval of a $17,000,000 Loan and Subsidy Agreement with the New Mexico Finance Authority. The financing will fund flocculation and sedimentation upgrades and other improvements at the Canyon Road Water Treatment Plant, backed by water utility revenues.

Contract Details

Contract Amount

$17,000,000

Vendor

NEW MEXICO FINANCE AUTHORITY

Agency

Santa Fe MPO, NM

Contract Type

FINANCIAL_SERVICES

Document Date

April 29, 2026

Renewal Info

Long-term loan backed by water utility net revenues; the repayment schedule and maturity date are not included in the agenda text.

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