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Farmington adopts $8.7 million loan/grant agreement for La Plata waterline project
Farmington City Council · January 13, 2026
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Summary
The council adopted Ordinance No. 2026‑13‑82 authorizing a loan/grant agreement with the New Mexico Finance Authority totaling $8,717,363 (including a $5,230,418 loan) to finance construction and upgrades to the La Plata waterline; the measure carried 3–0.
Farmington’s City Council voted to adopt an ordinance authorizing a loan/grant agreement with the New Mexico Finance Authority to finance the La Plata waterline project.
City Attorney Burkell read the ordinance on the council agenda as Ordinance No. 2026‑13‑82, describing a total financing…
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