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Road Widening on Sir Boulevard and Fire Station 8 Construction

Sector: Road • Location: Rio Rancho, New Mexico, United States

Source: Citizen Portal AI

Project
Approved

The City of Rio Rancho authorized the issuance and sale of gross receipts tax improvement revenue bonds, series 2025, not to exceed $32 million. The proceeds will fund road widening on Sir Boulevard from Cherry to P.D. V and the construction of Fire Station 8. The bond will enable the city to accept approximately $11.5 million in federal funding and about $2 million in state matching funds for the

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Project Information

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The project “Road Widening on Sir Boulevard and Fire Station 8 Construction” is an infrastructure initiative in the Road sector, located in Rio Rancho, New Mexico, United States. Taiyo aggregates data on it from Citizen Portal AI.

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Participants

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Status

Original status

approved

Taiyo status

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Email

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Description

Description

The City of Rio Rancho authorized the issuance and sale of gross receipts tax improvement revenue bonds, series 2025, not to exceed $32 million. The proceeds will fund road widening on Sir Boulevard from Cherry to P.D. V and the construction of Fire Station 8. The bond will enable the city to accept approximately $11.5 million in federal funding and about $2 million in state matching funds for the road project.

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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