ALBUQUERQUE BERNALILLO COUNTY
WATER UTILITY AUTHORITY
BILL NO. R-24-20 |
RESOLUTION
t
Authorizing the Albuquerque Bernalillo County Water Utility Authority to Submit an Application for Funding to the Water Trust Board for the Arsenic Treatment Facilities Project
b
WHEREAS, the Albuquerque Bernalillo County Water Utility Authority (Water Authority) is seeking New Mexico Water Trust Board (WTB) funding through the New Mexico Finance Authority (NMFA) for the Arsenic Treatment Facilities Project; and
WHEREAS, the Thomas Wells Project would improve system resiliency and drought preparedness, especially when surface water is not available; and
WHEREAS, the Thomas Wells are used in a limited capacity for blending with water from wells with low arsenic; and
WHEREAS, the funding request for the Thomas Wells will be $15 million from the WTB funding with 10% matching funds by the Water Authority.
BE IT RESOLVED BY THE WATER AUTHORITY:
Section 1. That an application for funding from the WTB for the Thomas Wells Project will be submitted to the NMFA.
Section 2. That the Water Authority will provide approximately $1.5 million in in matching funds.
Section 3. That the Executive Director shall have the authority to enter into an agreement associated with the financial assistance.
Section 4. That the Executive Director will work with the NMFA and WTB to meet established deadlines for entering into a cooperative agreement.