NOTICE OF ORDINANCE NO. 731
STATE OF NEW MEXICO, COUNTY OF LOS ALAMOS
Notice is hereby given that the Council of the Incorporated County of Los Alamos, State of New Mexico, has directed publication of Los Alamos County Ordinance No. 731. This will be considered by the County
Council at a public hearing on Tuesday, May 7, 2024, 6:00 p.m., at Los Alamos County Fire Station No. 3,
129 State Road 4, White Rock, New Mexico 87547. The full copy is available for inspection or purchase,
during regular business hours, in the County Clerk’s Office: 1000 Central Avenue, Suite 240.
INCORPORATED COUNTY OF LOS ALAMOS ORDINANCE NO. 731 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 $800,000 PLUS (0.01%) ACCRUED INTEREST; AND LOAN SUBSIDY GRANT FUNDS IN THEAMOUNT OF $200,000 FOR A TOTAL FUNDED AMOUNT OF $1,000,000; DESIGNATING THE USE OF THE FUNDS FOR THE BAYO NON-POTABLE BOOSTER STATION REFURBISHMENT 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 BELOW; PRESCRIBING OTHER DETAILS CONCERNING THE LOAN AND
THE SECURITY THEREFOR
Council of the Incorporated County of Los Alamos
By: /s/ Denise Derkacs, Council Chair
Attest: /s/ Naomi D. Maestas, County Clerk
PUBLISHED IN THE LOS ALAMOS DAILY POST
THURSDAY APRIL 25, 2024