AN ACT

MAKING AN APPROPRIATION FOR THE PURCHASE OF ADJACENT LANDS AT SUGARITE, MANZANO AND OTHER LEGISLATURE-APPROVED STATE PARKS FROM THE PROCEEDS OF THE SALE OF THE COTTONWOOD-WALNUT CREEK PROPERTY IN EDDY COUNTY.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

Section 1. APPROPRIATION.--The proceeds from the sale of the Cottonwood-Walnut Creek property in Eddy county are appropriated to the state parks division of the energy, minerals and natural resources department for expenditure in fiscal years 2004 through 2014 for the purpose of matching federal funds and purchasing adjacent lands at Sugarite and Manzano state parks or at other parks authorized or to be authorized for acquisition by the legislature. This appropriation is contingent upon legislative ratification and approval of the sale and the sale of the Cottonwood-Walnut Creek property. Any unexpended or unencumbered balance remaining at the end of fiscal year 2014 shall revert to the general fund.