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City administrator reports SAM renewal, KDOT reimbursements and gas-loan update

City of Altamont City Council · January 8, 2026
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Summary

City Administrator reported KDOT reimbursements for the Sidewalk Project, renewed the city's SAM registration to retain federal grant eligibility, and said the 2021 gas emergency loan interest fell from 2.13% to 1.47% with final payment due June 1, 2026 (original loan $727,592.20).

City Administrator provided multiple operational and grant-related updates at the Jan. 8 meeting. The city received November and December engineering reimbursement payments from KDOT for the Sidewalk Project, and the administrator reported attendance at a Schwab Eaton webinar on temporary easements; the System for Award Management (SAM) registration was renewed to maintain federal grant eligibility.

On the 2021 gas emergency loan originally taken for Winter Storm Uri, the administrator reported the interest rate decreased to 1.47% for 2026 from 2.13%; the minutes note the original loan amount of $727,592.20 and a final payment due June 1, 2026. The administrator also reported completing 2025 year-end processing and updating employee wages and benefits in payroll records.