NOTICE OF INTENT TO ADOPT

CITY OF BAYARD

REGIONAL WASTEWATER SYSTEM – USER CHARGE SYSTEM FOR COLONIAS DEWATERING SYSTEM GRANT/LOAN PROJECT

AN ORDINANCE ESTABLISHING A USER FEE AMOUNT FOR THE REPAYMENT OF THE COLONIAS INFRASTRUCTURE DEWATERING SYSTEM PROJECT.

The City of Bayard for the Regional Wastewater System has applied to the Colonias Infrastructure Program for the funding of a grant/loan program for completion of a Wastewater Dewatering System Project. The Colonias Program requires that Readiness to Proceed items be completed prior to grant/loan closing.

The City of Bayard is required to secure a letter of consent to secure additional debt from New Mexico Environment Department (NMED). In order to receive the authorization by NMED, user rates must be increased for the amount of $97,331.30. Annual debt payments shall be $4,866.57 for a total of 20 years at 0% interest. The rates shall be distributed by the participating parties using the percentages established within Ordinance 4-2018 and shall be added to the most current user rate schedule. User rates shall being one year prior to the first annual payment due date set by New Mexico Finance Authority.

Bayard 41% - $39,905.83/20 years/12 months/958 users = $.17
Santa Clara 29% - $28,226.08/20 years/12 months/657 users = $.18
Ft. Bayard New Hospital - $1,946.63/20 years/12 months = $8.11
Hurley 23% - $22,386.20/20 years/12 months/542 users = $.17
Grant County (N. Hurley) - $4,866.57/20 years/12 months/104 users = $.20

Any public comment must be submitted to the City Clerk between October 30, 2019 and November 15, 2019 at City of Bayard, 800 Central Avenue, Bayard, NM 88023.

Consideration of the final ordinance will not take place until at least two weeks (14) days subsequent to the date of this notice, and only at a public meeting called and held in accordance with S10-5-1 et seq. NMSA 1978 comp. Copies of the proposed ordinance may be obtained at the Bayard City Hall.

Consideration is currently scheduled for and will not take place prior to November 18, 2019 for final adoption.

Kristina Ortiz, MMC
Clerk-Treasurer