Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Water Infrastructure topic
No spam. Unsubscribe anytime.
Council hears update on 4th Street water main design and SRF funding questions
Summary
Staff reported DNR comments returned on the 4th Street water main final design and discussed a funding structure with SRF assistance (up to $2,230,000) and principal forgiveness; council asked for clarification on what the city would owe and directed staff to provide a detailed funding breakdown before bidding.
Staff updated council that final plans for the 4th Street water main project are being finalized and that comments from the Department of Natural Resources have been returned. The project was discussed in the context of SRF funding: staff referenced a $2,230,000 maximum SRF amount and a reported approximate construction subtotal of $1,400,000, but acknowledged the numbers in the packet required clarification regarding how principal forgiveness and allocation across sewer and water components affect the city's out-of-pocket costs.
Council members asked staff to provide a clearer breakdown of which funds would cover which portions of the project and how the Santa Fe sewer collection system adjustments interrelate. Staff said they will return with a more detailed estimate before advertising the project for bid so the city does not overcommit funds.
