AN ACT

RELATING TO FINANCE; AUTHORIZING THE NEW MEXICO FINANCE AUTHORITY TO MAKE LOANS OR GRANTS FOR CERTAIN WATER PROJECTS FROM THE WATER PROJECT FUND; MAKING AN APPROPRIATION; DECLARING AN EMERGENCY.

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

     Section 1. AUTHORIZATION OF PROJECTS.--Pursuant to the provisions of Section 72-4A-9 NMSA 1978, the legislature authorizes the New Mexico finance authority to make loans or grants from the water project fund to the following qualified entities for the following qualifying water projects on terms and conditions established by the water trust board and the New Mexico finance authority:

          A. to the Dona Ana mutual domestic water consumers association in Dona Ana county for a surface water project;

          B. to the interstate stream commission for Middle Rio Grande endangered species collaborative program in Bernalillo county for water and refugium projects;

          C. to the city of Aztec in San Juan county for a water storage project;

          D. to the city of Alamogordo in Otero county for a regional water project;

          E. to the El Rito regional water system in Rio Arriba county for a regional water project;

          F. to Raton water works in Colfax county for a watershed project;

          G. to the Eastern New Mexico rural water system in Curry county for a water project;

          H. to Cuatro Villas mutual domestic water users association in Santa Fe county or Greater Chimayo mutual domestic water users association in Rio Arriba and Santa Fe counties or another entity that consists of water users from both of these associations and that has been approved by the water trust board for a water project;

          I. to the Claunch-Pinto soil and water conservation district in Santa Fe, Torrance and Bernalillo counties for a watershed project;

          J. to the village of Cloudcroft in Otero county for a water project;

          K. to the city of Deming in Luna county for a water project;

          L. to the city of Gallup and the Navajo Nation in McKinley county for water projects in communities to be served by the Navajo-Gallup water project;

          M. to the city of Las Vegas in San Miguel county for water projects;

          N. to the city of Santa Fe in Santa Fe county for a water project;

          O. to the Pueblo of Taos in Taos county for the War Chief office watershed project;

          P. to the town of Taos in Taos county for a water project;

          Q. to Agua Fria mutual domestic water consumers association in Santa Fe county for a water project;

          R. to Chama in Rio Arriba county for a water project;

          S. to El Prado water and sanitation district in Taos county for water projects;

          T. to Guadalupe county for water projects in the Anton Chico area of Guadalupe county;

          U. to Santa Fe county for Pojoaque valley water projects;

          V. to the office of the state engineer for the Elephant Butte channel extension and maintenance project;

          W. to Sunland Park in Dona Ana county for water projects;

          X. to Upper La Plata mutual domestic water consumers and sewerage works association in San Juan county for a water project; and

          Y. to the Ute Creek soil and water conservation district in Harding county for a watershed restoration and management project.

     Section 2. EMERGENCY.--It is necessary for the public peace, health and safety that this act take effect immediately.

HB 271

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