Ordinance 24-XX- consider recommendation to authorize to advertise to hold a public hearing on proposed Ordinance 24-XX for emergency loan funding from the New Mexico Environment Department for sewer repairs required after the historical flooding disaster in October 2024. (Najar/MacCornack)

• New Mexico Environment Department would provide $1,040,000 to assist with sewer repairs caused by flood disaster. City would repay once FEMA reimbursement is received.

Initiated by: James MacCornack

New Mexico Environment Department has offered City of Roswell an emergency loan to assist with funding sewer repairs that were required after the October 2024 flooding event. NMED has offered $1,040,000 in funding that would be repaid when the City receives FEMA reimbursement for disaster expenses.

New Mexico Environment Department would provide $1,040,000 to assist with sewer repairs caused by flood disaster. City would repay once FEMA reimbursement is received.

Loan documents have been submitted to City Attorney for review.

Infrastructure Committee on 11/18/2024 voted (5-0) to recommend approval to Finance Committee with a recommendation to place on December 5, 2024, City Council consent agenda.

Ordinance 24-XX - consider recommendation to authorize Ordinance 24-XX for emergency loan funding from the New Mexico Environment Department for sewer repairs required
after the historical flooding disaster in October 2024.