Rio Rancho Ordinance: loan for water rights and issuance costs
Notice summarizes Ordinance No 02 adopted February 11 2015 by Rio Rancho New Mexico governing body. It authorizes a $4 292 192 loan with New Mexico Finance Authority for water rights acquisition and related costs, to be repaid from water fees, and approves loan terms among other actions. FEMA NEPA proposal also noted for Montoyas Arroyo slope protection with a draft environmental assessment evaluating actions and no action.
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