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Los Lunas approves $8M NMDOT capital outlay participation for Los Lunas Boulevard
Summary
The Council approved Resolution 26-08 to participate in a New Mexico Department of Transportation capital outlay reimbursement agreement, confirming $8 million for Los Lunas Boulevard and noting an estimated $3.5 million for New Mexico Gas transmission-line relocation.
Public Works Director Michael Jaramillo told the Council the Village had received confirmation that $8 million in capital outlay funding that was previously believed reassigned remained available to support the Los Lunas Boulevard project. Jaramillo said the funding is a reimbursement agreement requiring the Village to expend funds up front and seek reimbursement through the state; extensions of the one-year agreement may be requested if necessary.
Jaramillo noted that a significant portion of the funding is likely to cover utility relocation costs and estimated a New Mexico Gas transmission-line relocation at approximately $3.5 million. The Council approved Resolution 26-08 by a 3-0 vote (moved by Councilor Christopher Ortiz; seconded by Councilor Matthew Chavez).
