Municue

Case File 26-0698

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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funds from capital asset sales to fund the City of El Paso’s local match obligation for the Sun Valley Project is rescinded upon the City of El Paso’s receipt of State Infrastructure Bank loan funds, due to the availability of State Infrastructure Bank loan funding for this purpose,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]

Infrastructuresite_specificNotableCity Council
A prior 2024 City Council resolution had allocated funds from capital asset sales to cover El Paso's required local matching share for the Sun Valley Project. The city rescinded that funding allocation upon receipt of state infrastructure support. The City Council voted 8-0 to rescind the resolution.
2 eventsFirst seen Jun 9, 2026Last activity Jun 23, 2026File #: 26-0698
City Council: Carried: 8 to 0Jun 23, 2026
Topics
budget
transportation
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funds from capital asset sales to fund the City of El Paso’s local match obligation for the Sun Valley Project is rescinded upon the City of El Paso’s receipt of State Infrastructure Bank loan funds, due to the availability of State Infrastructure Bank loan funding for this purpose,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 Sun Valley 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funds from capital asset sales to fund the City of El Paso’s local match obligation for the Sun Valley Project is rescinded upon the City of El Paso’s receipt of State Infrastructure Bank loan funds, due to the availability of State Infrastructure Bank loan funding for this purpose,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 Sun Valley Project upon receipt of SIB loan funds

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