ROSWELL NEW MEXICO
COMMITTEE AGENDA ITEM ABSTRACT
COMMITTEE AGENDA ITEM ABSTRACT
2.
Finance Committee
- Meeting Date:
- 10/02/2025
COMMITTEE:
Finance
CONTACT:
Tammi Smith
CHAIR:
Robert B. Corn
ACTION REQUESTED:
Consider the recommendation of Resolution 25-XX for participation in the Transportation Project Fund Program administered by the New Mexico Department of Transportation for pavement maintenance and re-striping of Second Street from Sunset Rd. to the east City limits. (MacCornack)
- Funding Source - 26234323-817504
BACKGROUND:
Initiated by: James MacCornack
The City of Roswell has been awarded a project under the Transportation Project Fund through the New Mexico Department of Transportation. The awarded project is pavement maintenance and re-striping of Second Street from Sunset Rd. to the east city limits. The agreement is for a project budget of $1,520,000 with 95% NMDOT funding, and a 5% match from the city. The City's match for the project is $76,000. It is anticipated that the project can be completed in Spring 2026.
The City of Roswell has been awarded a project under the Transportation Project Fund through the New Mexico Department of Transportation. The awarded project is pavement maintenance and re-striping of Second Street from Sunset Rd. to the east city limits. The agreement is for a project budget of $1,520,000 with 95% NMDOT funding, and a 5% match from the city. The City's match for the project is $76,000. It is anticipated that the project can be completed in Spring 2026.
FINANCIAL CONSIDERATION:
The agreement is for a project budget of $1,520,000 with 95% NMDOT funding, and a 5% match. The city's match for the project is $76,000. The project budget was approved by the Finance Committee on September 4, 2025.
LEGAL REVIEW:
The Resolution has been submitted to the City Attorney for review.
BOARD AND COMMITTEE ACTION:
The Infrastructure Committee recommended approval (5-0) at their meeting on September 15, 2025, to include a recommendation for the consent agenda.
STAFF RECOMMENDATION:
Proceed as presented.