FINANCIAL_SERVICESDISCUSSED

City Considers $14.6M Water Project Loan/Grant With NMFA

The City of Española discussed an ordinance authorizing the execution of a $14.6 million Water Project Fund Loan/Grant Agreement with the NM Finance Authority for waterline replacement construction. The agreement includes a $1.46 million loan and utilizes net system revenues for repayment.

Status
DISCUSSED
Document date
February 24, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Nm Finance Authority
Agency
City of Española · NM

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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

Scope & details

The full contract record, as filed.

Contract amount
$14,600,000 (including a $1,460,000 loan)
Contract type
FINANCIAL_SERVICES
Renewal
No renewal terms stated. Once executed, agreement likely has a fixed term per NMFA policy.
Document type
Agenda
Source document
City of Española Council Meeting Agenda February 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Española?

Nm Finance Authority was awarded this financial services contract by City of Española, as recorded on February 24, 2026. The contract value is $14,600,000 (including a $1,460,000 loan).

How much is the Nm Finance Authority contract with City of Española worth?

The Nm Finance Authority contract with City of Española is valued at $14,600,000 (including a $1,460,000 loan), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Española Council Meeting Agenda February 2026 (Agenda), dated February 24, 2026 from City of Española. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Nm Finance Authority hold?

Nm Finance Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Española currently buying?

Explore City of Española's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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