Municue

Case File 26-0697

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Discussion and action on a Resolution that City Council approval granted in the Resolution of July 1, 2024 to allocate funds from capital asset sales to fund the City of El Paso’s local match obligation for the Railroad Drive Project is rescinded upon the City of El Paso’s receipt of State Infrastructure Bank loan funds, due to the availability of State Infrastructure Bank loan funding for this purpose, and that, except as herein modified, the Resolution of July 1, 2024 remains in full force and effect. [POSTPONED FROM 06-09-2026]

InfrastructurecorridorNotableCity Council
The City of El Paso rescinded a prior resolution that had allocated funds from capital asset sales to cover the local match obligation for the Railroad Drive Project. The rescission was necessary because the city received State Infrastructure funding, eliminating the need for the local capital match. The rescission was approved unanimously by City Council on June 23, 2026.
2 eventsFirst seen Jun 9, 2026Last activity Jun 23, 2026File #: 26-0697
City Council: Carried: 8 to 0Jun 23, 2026
Topics
transportation
budget
policy
governance

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Timeline

Vote
Carried: 8 to 0

Discussion and action on a Resolution that City Council approval granted in the Resolution of July 1, 2024 to allocate funds from capital asset sales to fund the City of El Paso’s local match obligation for the Railroad Drive Project is rescinded upon the City of El Paso’s receipt of State Infrastructure Bank loan funds, due to the availability of State Infrastructure Bank loan funding for this purpose, and that, except as herein modified, the Resolution of July 1, 2024 remains in full force and effect. [POSTPONED FROM 06-09-2026]

Vote: 8 for, 0 against

approve resolution rescinding capital asset sales allocation for Railroad Drive Project due to SIB loan availability

Vote
Carried unanimously

Discussion and action on a Resolution that City Council approval granted in the Resolution of July 1, 2024 to allocate funds from capital asset sales to fund the City of El Paso’s local match obligation for the Railroad Drive Project is rescinded upon the City of El Paso’s receipt of State Infrastructure Bank loan funds, due to the availability of State Infrastructure Bank loan funding for this purpose, and that, except as herein modified, the Resolution of July 1, 2024 remains in full force and effect. [POSTPONED FROM 06-09-2026]

Vote: 7 for, 0 against, 1 absent

postpone two weeks discussion on rescinding capital asset sales allocation for Railroad Drive Project upon receipt of SIB loan funds

*Consent-style motion, maker and seconder not named in minutes