WALSENBURG — The Walsenburg City Council met in special session last Thursday and passed two resolutions concerning interim financing for the Northlands Sanitary Sewer Project. Walsenburg City Clerk Wanda Britt said Resolutions 2015 R-2 and 2015 R-3 both passed unanimously, R02 passing on a 7-0 vote and R-3 passing 8-0 with one member of council a bit late to the meeting and missing the first vote. There had been a procedural error when the items were passed during the regular meeting on Feb. 3, but Britt said those were corrected in the special session Feb. 5. The resolutions allow the City of Walsenburg Water and Sewer Activity Enterprise to borrow $4,625,936 from NBH Bank, NH in Greenwood, Colo., (the same amount as the USDA loan) to be used for interim financing to get the project moving forward. The resolution says in part, “providing for the repayment of the note from the proceeds of long-term financing provided by the USDA (Rural Utilities Services).” “The interim financing agreements have been completed and the city is accumulating the necessary documentation to obtain reimbursement for its previous investment in this project,” City Administrator David Johnston said in his weekly email report to city council. According to Johnston, the city has fronted approximately $170,000 towards the project, and the engineering firm (GMS, Inc.) is owed substantial funds (estimated at over $300,000) for work already accomplished. The interim financing will allow for those payments to be made to both entities.
Breaking news: Results of Walsenburg Mayor race and recall election
May 16, 2023
Gary M. Vezzani was elected Walsenburg’s mayor in Tuesday’s special mayoral election/recall vote. Preliminary results announced Tuesday night show that both Nick Vigil in Ward
