Introduction of Incorporated County of Los Alamos Ordinance No. 734; An Ordinance Authorizing the Incorporated County of Los Alamos (Borrower) to Enter Into a Loan Agreement with the New Mexico Environment Department (NMED) for the Purpose of Obtaining Project Loan Funds in the Principal Amount of $1,500,000, Plus 1% Accrued Interest and Loan Subsidy Grant Funds in the Amount of $500,000; for a Total Funded Amount of $2,000,000; Designating the Use of the Funds for the Purpose Defined in the Most Current Project Description Form as Approved by NMED; Declaring the Necessity for the Loan; Providing that the Loan will be Payable and Collectible Solely from the Borrower’s Pledged Revenues Defined; Prescribing Other Details Concerning the Loan and the Security for that Purpose (Water Production Mechanical and Electrical Upgrades )

What this record is

Held by

Introduction of Incorporated 8 records across this site

Amount

$500K

Runs until

no end date published in this record

Type

contract

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Introduction of Incorporated also holds

Introduction of Incorporated County of Los Alamos Ordinance No. 759; An Ordinance Authorizing the Execution and Delivery of a Water Project Fund Loan/… $3.25M Los Alamos County, NM Introduction of Incorporated County of Los Alamos Ordinance No. 751, An Ordinance Authorizing the Execution and Delivery of a Water Project Fund Loan/… $2.50M Los Alamos County, NM Introduction of Incorporated County of Los Alamos Ordinance No. 749, An Ordinance Authorizing the Execution and Delivery of a Water Project Fund Loan/… $2.00M Los Alamos County, NM Introduction of Incorporated County of Los Alamos Ordinance No. 741; an Ordinance Authorizing the Execution and Delivery of a Loan and Subsidy Agreeme… $2.73M Los Alamos County, NM Introduction of Incorporated County of Los Alamos Code Ordinance No. 743; An Ordinance Authorizing Los Alamos County to Execute an Amendment to Existi… $700K Los Alamos County, NM

All 8 records for Introduction of Incorporated →

Committee

County Council - Regular Session

Requested by

Department of Public Utilities

Introduced

June 7, 2024

On agenda

July 9, 2024

Where it was heard

County Council - Regular Session Jul 9, 2024