SENATE CAPITAL OUTLAY REQUEST 1163

 

STATE OF NEW MEXICO

45TH LEGISLATURE - SECOND SESSION - 2002

REQUESTED BY Stuart Ingle

 

 

 

 

 

 

FOR REAUTHORIZING SEVERANCE TAX BOND APPROPRIATIONS TO CHANGE THEIR PURPOSES TO RENOVATE, REPAIR AND IMPROVE STATE BUILDINGS THROUGHOUT THE STATE.

 

 

 

 

A.  On the effective date of this act, the balance of the unencumbered proceeds from the sale of severance tax bonds appropriated to the property control division of the general services department pursuant to the following subsections of Section 10 of Chapter 7 of Laws 1998 for the following purposes are reauthorized and appropriated to the capital program fund to renovate, repair and improve state buildings throughout the state:

(1)  to renovate or make improvements to Fort Bayard medical center in Fort Bayard located in Grant county pursuant to Subsection A;

(2)  to plan, design, renovate, furnish or equip the Maloof building in Albuquerque in Bernalillo county in order for the building to be used by other state agencies pursuant to Subsection B;

(3)  to provide security enhancements at the youth diagnostic and development center located in Bernalillo county pursuant to Subsection F; and

(4)  for renovations and improvements to Tingley coliseum at the New Mexico state fairgrounds located in Bernalillo county pursuant to Subsection G.

 

B.  The period of time in which the appropriation may be expended shall be extended through fiscal year 2006.  Any unexpended or unencumbered balance remaining at the end of fiscal year 2006 shall revert to the severance tax bonding fund.