NOTICE OF ADOPTION OF ORDINANCE NO. 745
STATE OF NEW MEXICO, COUNTY OF LOS ALAMOS
Notice is hereby given that the following Ordinance No. 745, was duly adopted and approved by the County Council of the Incorporated County of Los Alamos, State of New Mexico, on September 9, 2025. The full copy is available for inspection or purchase in the County Clerk’s Office: 1000 Central Avenue, Suite 240, during regular business hours.
INCORPORATED COUNTY OF LOS ALAMOS ORDINANCE NO. 745
AUTHORIZING THE INCORPORATED COUNTY OF LOS ALAMOS TO ENTER INTO A LOAN
AGREEMENT WITH THE NEW MEXICO ENVIRONMENT DEPARTMENT FOR THE PURPOSE OF OBTAINING PROJECT LOAN FUNDS IN THE PRINCIPAL AMOUNT OF $1,750,000 PLUS 1% ACCRUED INTEREST AND LOAN SUBSIDY GRANT FUNDS IN THE AMOUNT OF $250,000; 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 SHALL BE
PAYABLE AND COLLECTIBLE SOLELY FROM THE BORROWER’S PLEDGED REVENUES
DEFINED BELOW; PRESCRIBING OTHER DETAILS CONCERNING THE LOAN AND THE
SECURITY FOR THAT PURPOSE
ADOPTED this 9 th day of September 2025
Council of the Incorporated County of Los Alamos
By: /s/ Theresa Cull, Council Chair
Attest: /s/ Michael D. Redondo, County Clerk
PUBLISHED IN THE LOS ALAMOS DAILY POST ON THURSDAY SEPTEMBER 11, 2025