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File #: R-25-21    Version: 1 Name:
Type: Resolution Status: Consent Agenda
File created: 5/15/2025 In control: Albuquerque Bernalillo County Water Utility Authority
On agenda: 5/21/2025 Final action:
Title: Adopting the FY2027-2031 Infrastructure Capital Improvement Plan (ICIP)
Sponsors: Albuquerque Bernalillo County Water Utility Author
Attachments: 1. R-25-21
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ALBUQUERQUE BERNALILLO COUNTY

WATER UTILITY AUTHORITY

 

 

BILL NO.                     R-25-21          

 

 

RESOLUTION

t

Adopting the FY2027-2031 Infrastructure Capital Improvement Plan (ICIP)

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WHEREAS, the Albuquerque Bernalillo County Water Utility Authority (Water Authority) acknowledges that financing public capital projects remains a major concern both in New Mexico and nationally; and

WHEREAS, resource constraints necessitate exploring innovative financing mechanisms and optimizing the utilization of existing resources; and

WHEREAS, systematic capital improvement planning serves as a crucial tool for communities to define their development needs, establish priorities, and pursue concrete actions to achieve necessary project development; and

WHEREAS, this process supports local and regional efforts in project identification and selection, integrating short and long-range capital planning initiatives; and

WHEREAS, projects aligning with the Water Authority’s State and Federal priorities have been identified for submission.

BE IT RESOLVED BY THE WATER AUTHORITY:

Section1.                      The Water Authority hereby adopts the FY 2027-2031 Infrastructure Capital Improvement Plan, and

Section 2.                      The submitted Capital Improvement Plan is intended to be a dynamic and evolving document, serving as a foundation for rational, long-term capital planning and budgeting to enhance New Mexico’s infrastructure.