ROSWELL NEW MEXICO
COMMITTEE AGENDA ITEM ABSTRACT
COMMITTEE AGENDA ITEM ABSTRACT
35.
Finance Committee
- Meeting Date:
- 08/07/2025
COMMITTEE:
Finance
CONTACT:
Toni Gomez
CHAIR:
Robert B. Corn
ACTION REQUESTED:
Resolution 25-XX - adoption of Resolution 25-XX: Southeastern NM Economic Development District/COG (Yntema)
BACKGROUND:
Initiated by: Southeastern NM Economic Development District/COG
The City of Roswell is a member of the Southeastern New Mexico Economic Development District/COG. In accordance with Article 58, section 4-58-1 to 4-58-6 NMSA 1978, an agreement setting forth the terms and conditions of active membership in the Southeastern New Mexico Economic Development District/COG is required. The City continues to be an active member. A copy of this Resolution (together with the referenced Agreement) shall be filed with the State of New Mexico, Department of Finance and Administration, Local Government Division, and the Southeastern New Mexico Economic Development District/COG, and shall be made a part of the budget documentation of the Municipality
The City of Roswell is a member of the Southeastern New Mexico Economic Development District/COG. In accordance with Article 58, section 4-58-1 to 4-58-6 NMSA 1978, an agreement setting forth the terms and conditions of active membership in the Southeastern New Mexico Economic Development District/COG is required. The City continues to be an active member. A copy of this Resolution (together with the referenced Agreement) shall be filed with the State of New Mexico, Department of Finance and Administration, Local Government Division, and the Southeastern New Mexico Economic Development District/COG, and shall be made a part of the budget documentation of the Municipality
FINANCIAL CONSIDERATION:
Funding Source: This is in the approved FY26 adopted budget expense line 11014013 712701.
Annual dues of $13,588.00 to the District as recognition of active membership.
Annual dues of $13,588.00 to the District as recognition of active membership.
LEGAL REVIEW:
Legal has reviewed the Agreement.
BOARD AND COMMITTEE ACTION:
This will be the first consideration of this item.
STAFF RECOMMENDATION:
Proceed as presented.