| | | | | | | | AGENDA MEMORANDUM
Village of Ruidoso Regular Items - 3. |
| | | | | | | | To:
| Mayor Crawford and Councilors
| Presenter(s):
| Christella Armijo, Water Resource Director
| Meeting Date:
| June 13, 2023
| Re:
| Discussion and Possible Action on Resolution 2023-13, a Resolution Authorizing the Assignment of Authorized Officer(s) and Agent(s) with the Village of Ruidoso for the State of New Mexico Environment Department for Clean Water State Revolving Fund (CWSRF) Project #127, Stormwater Management Plan in the Principal Amount of $100,000, and Loan Subsidy Grant Funds in the Amount of $250,000 for a Total Funded Amount of $350,000.
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| | | | | | | | Item Summary:
Discussion and Possible Action on Resolution 2023-13, a Resolution Authorizing the Assignment of Authorized Officer(s) and Agent(s) with the Village of Ruidoso for the State of New Mexico Environment Department for Clean Water State Revolving Fund (CWSRF) Project #127, a Stormwater Management Plan in the Principal Amount of $100,000, and Loan Subsidy Grant Funds in the Amount of $250,000 for a Total Funded Amount of $350,000. |
| | | | | | | | Financial Impact:
There is no financial commitment from this Resolution. |
| | | | | | | | Item Discussion:
The Village of Ruidoso is entering into a loan agreement with the State of New Mexico Environment Department for an amount of $100,000 Plus (0.01%) Accrued Interest for the Development of a Stormwater Management Plan. |
| | | | | | | | Recommendations:
To Approve Resolution 2023-13, Resolution Authorizing the Assignment of Authorized Officer(s) and Agent(s) with the Village of Ruidoso for the State of New Mexico Environment Department for Clean Water State Revolving Fund (CWSRF) Project #127, a Stormwater Management Plan in the Principal Amount of $100,000, and Loan Subsidy Grant Funds in the Amount of $250,000 for a Total Funded Amount of $350,000. |
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