City of Santa Fe Governing Body Agenda April 2026
NMFA Loan-Grant for McClure Dam Design
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Description
The City is poised to approve a $2,500,000 Water Project Fund Loan/Grant Agreement with the New Mexico Finance Authority, including a $1,000,000 loan, to design improvements to the McClure Dam outlet conduit and spillway. Debt service will be paid from net water utility revenues.
Contract Details
Contract Amount
$2,500,000 (including $1,000,000 loan portion)
Vendor
NEW MEXICO FINANCE AUTHORITY
Agency
Santa Fe MPO, NM
Contract Type
FINANCIAL_SERVICES
Document Date
April 29, 2026
Renewal Info
Financing terms and maturity to be defined in the final Loan/Grant Agreement; not detailed in the agenda.
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