SENATE FINANCE COMMITTEE SUBSTITUTE FOR

SENATE BILL 301

47th legislature - STATE OF NEW MEXICO - second session, 2006

 

 

 

 

 

 

 

AN ACT

AUTHORIZING THE ISSUANCE AND SALE OF CAPITAL PROJECTS GENERAL OBLIGATION BONDS TO MAKE CAPITAL EXPENDITURES FOR SENIOR CITIZEN FACILITY IMPROVEMENTS AND ACQUISITIONS, FOR HIGHER EDUCATIONAL CAPITAL IMPROVEMENTS AND ACQUISITIONS AND FOR PUBLIC LIBRARY ACQUISITIONS; PROVIDING FOR A TAX LEVY FOR PAYMENT OF PRINCIPAL OF, INTEREST ON AND CERTAIN COSTS RELATED TO THE BONDS; REQUIRING APPROVAL OF THE REGISTERED VOTERS AT THE 2006 GENERAL ELECTION OF THE STATE; DECLARING AN EMERGENCY.

 

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

     Section 1. SHORT TITLE.--This act may be cited as the "2006 Capital Projects General Obligation Bond Act".

     Section 2. PURPOSE.--For the purpose of providing funds for capital expenditures as authorized in the 2006 Capital Projects General Obligation Bond Act, general obligation indebtedness of the state is authorized for the purposes and in the amounts set forth in Section 10 of that act.

     Section 3. BOND TERMS.--

          A. The state board of finance, except as limited by the 2006 Capital Projects General Obligation Bond Act, shall determine the terms, covenants and conditions of bonds issued pursuant to that act, including but not limited to:

                (1) date or dates of issue, denominations and maturities;

                (2) principal amounts;

                (3) rate or rates of interest; and

                (4) provisions for redemption, including premiums, registration and refundability, whether the bonds are issued in one or more series and other covenants relating to the bonds and the issuance thereof.

          B. The bonds shall be in such form as the state board of finance determines with an appropriate series designation and shall bear interest payable as set forth in the resolution of the state board of finance.

          C. Payment of the principal of the bonds shall begin not more than two years after the date of their issuance, and the bonds shall mature not later than ten years after the date of their issuance. Both principal and interest shall be payable in lawful money of the United States at the office of the paying agent within or without the state as the state board of finance may direct.

          D. The bonds shall be executed with the manual or facsimile signature of the governor or the state treasurer, and the seal or a facsimile of the seal of the state shall be placed on each bond, except for any series of bonds issued in book entry or similar form without the delivery of physical securities.

          E. The bonds shall be issued in accordance with the provisions of the 2006 Capital Projects General Obligation Bond Act, the Supplemental Public Securities Act and the Uniform Facsimile Signature of Public Officials Act and may be issued in accordance with the Public Securities Short-Term Interest Rate Act.

          F. The full faith and credit of the state is pledged for the prompt payment when due of the principal of and interest on all bonds issued and sold pursuant to the 2006 Capital Projects General Obligation Bond Act.

     Section 4. EXPENDITURES.--The proceeds from the sale of the bonds shall be expended solely for providing money to be distributed for the purposes and in amounts not to exceed the amounts set forth in Section 10 of the 2006 Capital Projects General Obligation Bond Act and to pay expenses incurred under Section 6 of that act. Any proceeds from the sale of the bonds that are not required for the purposes set forth in Sections 6 and 10 of that act shall be used for the purpose of paying the principal of and interest on the bonds.

     Section 5. SALE.--The bonds authorized under the 2006 Capital Projects General Obligation Bond Act shall be sold by the state board of finance at such time and in such manner and amounts as the board may elect. The bonds may be sold at private sale or at public sale, in either case at not less than par plus accrued interest to the date of delivery. If sold at public sale, the state board of finance shall publish a notice of the time and place of sale in a newspaper of general circulation in the state and may also publish the notice in a recognized financial journal outside the state. The required publications shall be made once each week for two consecutive weeks prior to the date fixed for the sale, the last publication thereof to be at least five days prior to the date of the sale. The notice shall specify the amount, denomination, maturity and description of the bonds to be offered for sale and the place, date and hour at which the sealed bids shall be received. At the time and place specified in the notice, the state board of finance shall open the bids in public and shall award the bonds to the bidder or bidders offering the best price for the bonds. The state board of finance may reject any or all bids and readvertise and may waive any irregularity in a bid. All bids, except that of the state, shall be accompanied by a deposit of two percent of the principal amount of the bonds in a form acceptable to the state board of finance. The deposit of an unsuccessful bidder shall be returned upon rejection of the bid. The state board of finance may also sell the bonds or any part of the bonds to the state treasurer or state investment officer. The state treasurer or state investment officer is authorized to purchase any of the bonds for investment. The bonds are legal investments for any person or board charged with the investment of any public funds and may be accepted as security for any deposit of public money.

     Section 6. EXPENSES.--The expenses incurred by the state board of finance in or relating to the preparation and sale of the bonds shall be paid out of the proceeds from the sale of the bonds, and all rebate, penalty, interest and other obligations of the state relating to the bonds and bond proceeds under the Internal Revenue Code of 1986, as amended, shall be paid from earnings on bond proceeds or other money of the state, legally available for such payments.

     Section 7. TAX LEVY.--To provide for the payment of the principal of and interest on the bonds issued and sold pursuant to the provisions of the 2006 Capital Projects General Obligation Bond Act, there shall be and there is hereby imposed and levied during each year in which any of the bonds are outstanding an ad valorem tax on all property in the state subject to property taxation for state purposes sufficient to pay the interest as it becomes due on the bonds, together with an amount sufficient to provide a sinking fund to pay the principal of the bonds as it becomes due and, if permitted by law, ad valorem taxes may be collected to pay administrative costs incident to the collection of such taxes. The taxes shall be imposed, levied, assessed and collected at the times and in the manner that other property taxes for state purposes are imposed, levied, assessed and collected. It is the duty of all tax officials and authorities to cause these taxes to be imposed, levied, assessed and collected.

     Section 8. TREASURER--DUTIES.--The state treasurer shall keep separate accounts of all money collected pursuant to the taxes imposed and levied pursuant to the provisions of the 2006 Capital Projects General Obligation Bond Act and shall use this money only for the purposes of paying the principal of and interest on the bonds as they become due and any expenses relating thereto.

     Section 9. IRREPEALABLE CONTRACT--AUTHORITY FOR ISSUANCE.--An owner of bonds issued pursuant to the provisions of the 2006 Capital Projects General Obligation Bond Act may, either at law or in equity, by suit, action or mandamus, enforce and compel the performance of the duties required by that act of any officer or entity mentioned in that act. The provisions of that act constitute an irrepealable contract with the owners of any of the bonds issued pursuant to that act for the faithful performance of which the full faith and credit of the state is pledged. Without reference to any other act of the legislature, the 2006 Capital Projects General Obligation Bond Act is full authority for the issuance and sale of the bonds authorized in that act, and such bonds shall have all the qualities of investment securities under the Uniform Commercial Code, shall not be invalid for any irregularity or defect in the proceedings for the issuance and sale of the bonds and shall be incontestable in the hands of bona fide purchasers or holders thereof for value. All bonds issued under the provisions of that act, and the interest thereon, are exempt from taxation by the state and any subdivision or public body thereof.

     Section 10. PROJECTS.--The proceeds from the sale of bonds issued under the provisions of the 2006 Capital Projects General Obligation Bond Act shall be distributed as follows for the purposes and in the amounts specified:

          A. for senior citizen facility improvements and construction, to the aging and long-term services department:

                (1) one hundred fifty-eight thousand three hundred forty dollars ($158,340) to make improvements, including purchase and installation of equipment, to the North Valley senior center in Bernalillo county;

                (2) one hundred forty thousand dollars ($140,000) to make improvements, including purchase and installation of equipment, to the Barelas senior center in Bernalillo county;

                (3) one hundred eighty-four thousand five hundred seventy-four dollars ($184,574) to make improvements, including purchase and installation of equipment, to the Whispering Pines senior meal site in Bernalillo county;

                (4) five thousand nine hundred fifty dollars ($5,950) to make improvements, including purchase and installation of equipment, to the Rio Bravo senior meal site in Bernalillo county;

                (5) fifteen thousand three hundred seventy-six dollars ($15,376) to make improvements, including purchase and installation of equipment, to the Raymond G. Sanchez senior meal site in Bernalillo county;

                (6) twenty-two thousand five hundred forty-two dollars ($22,542) to make improvements, including purchase and installation of equipment, to the Armijo senior meal site in Bernalillo county;

                (7) seventeen thousand six hundred thirty-two dollars ($17,632) to make improvements, including purchase and installation of equipment, to the Paradise Hills senior meal site in Bernalillo county;

                (8) forty thousand dollars ($40,000) to make improvements, including purchase and installation of equipment, to the Highland senior center in Bernalillo county;

                (9) two hundred thirty-nine thousand dollars ($239,000) to make improvements, including purchase and installation of equipment, to the Armijo senior center in Bernalillo county;

                (10) five thousand nine hundred fifty dollars ($5,950) to make improvements, including purchase and installation of equipment, to the Pajarito senior meal site in Bernalillo county;

                (11) forty-two thousand dollars ($42,000) to make improvements, including purchase and installation of equipment, to the Pueblo of Isleta senior center in Bernalillo county;

                (12) eighteen thousand sixty-six dollars ($18,066) to make improvements, including purchase and installation of equipment, to Los Vecinos senior meal site in Bernalillo county;

                (13) three hundred thousand dollars ($300,000) to make improvements, including purchase and installation of equipment, to the Palo Duro senior center in Bernalillo county;

                (14) one hundred twenty thousand dollars ($120,000) to purchase and install equipment for the Barelas and Highland senior centers in Bernalillo county;

                (15) forty-nine thousand three hundred eighty dollars ($49,380) to purchase and install meals equipment for senior centers citywide in Albuquerque in Bernalillo county;

                (16) three million six hundred seventy thousand dollars ($3,670,000) to plan, design, construct and equip a centralized kitchen for comprehensive and coordinated services at the senior center in Albuquerque in Bernalillo county;

                (17) eight thousand dollars ($8,000) to make improvements, including purchase and installation of equipment, to the Reserve and Quemado senior centers in Catron county;

                (18) four hundred thousand dollars ($400,000) to plan, design, construct and equip a senior center, including purchase of a facility, in Glenwood in Catron county;

                (19) thirty-one thousand dollars ($31,000) to make improvements, including purchase and installation of equipment, to the Roswell Joy center in Chaves county;

                (20) seven hundred sixty-one thousand dollars ($761,000) to plan, design, construct and equip a new facility to accommodate seniors for the Hagerman and Dexter Joy center in Chaves county;

                (21) four thousand eighty-nine dollars ($4,089) to make improvements, including purchase and installation of equipment, to the Lake Arthur senior center in Chaves county;

                (22) ten thousand three hundred ninety dollars ($10,390) to purchase and install equipment for the Roswell senior center in Chaves county;

                (23) sixty-four thousand two hundred ninety-five dollars ($64,295) to purchase and install equipment for the senior Olympics program in Chaves county;

                (24) four hundred fifty thousand dollars ($450,000) to make improvements, including purchase and installation of equipment, to the Roswell senior center in Chaves county;

                (25) thirty-two thousand forty-two dollars ($32,042) to purchase and install equipment for the Grants senior center in Cibola county;

                (26) fifty thousand dollars ($50,000) to make improvements, including purchase and installation of equipment, to the Pueblo of Acoma senior center in Cibola county;

                (27) two thousand seven hundred eighty-five dollars ($2,785) to purchase and install meals equipment for the Grants senior center in Cibola county;

                (28) one million four hundred sixty-three thousand seven hundred ninety-three dollars ($1,463,793) to plan, design, construct and furnish a senior center to meet adult daycare needs at the Pueblo of Laguna in Cibola county;

                (29) twenty-five thousand dollars ($25,000) to make improvements, including purchase and installation of equipment, to the To'hajiilee chapter senior center on the Navajo Nation in Cibola county;

                (30) twelve thousand one hundred forty dollars ($12,140) to purchase and install equipment for the Pueblo of Acoma senior center in Cibola county;

                (31) sixty-five thousand five hundred fifty-five dollars ($65,555) to purchase and install meals equipment for senior centers countywide in Colfax county;

                (32) forty-seven thousand five hundred dollars ($47,500) to make improvements, including purchase and installation of equipment, to the Springer senior center in Colfax county;

                (33) seven thousand five hundred dollars ($7,500) to make improvements, including purchase and installation of equipment, to the Maxwell senior center in Colfax county;

                (34) eight thousand six hundred dollars ($8,600) to purchase and install equipment for the Cimarron senior center in Colfax county;

                (35) ten thousand dollars ($10,000) to make improvements, including purchase and installation of equipment, to the Grady senior center in Curry county;

                (36) ten thousand dollars ($10,000) to make improvements, including purchase and installation of equipment, to the Melrose senior center in Curry county;

                (37) one hundred thousand dollars ($100,000) to make improvements, including purchase and installation of equipment, to the Munson senior center in Dona Ana county;

                (38) nineteen thousand six hundred dollars ($19,600) to make improvements, including purchase and installation of equipment, to senior centers countywide in Dona Ana county;

                (39) ninety-six thousand eight hundred sixty-seven dollars ($96,867) to purchase and install meals equipment for the Munson senior center in Dona Ana county;

                (40) four thousand dollars ($4,000) to purchase and install meals equipment for senior centers countywide in Dona Ana county;

                (41) twelve thousand dollars ($12,000) to purchase and install equipment for the East Mesa senior center in Dona Ana county;

                (42) sixteen thousand eight hundred dollars ($16,800) to purchase and install equipment for senior centers countywide in Dona Ana county;

                (43) five hundred seventy thousand dollars ($570,000) to plan, design, construct, expand and equip the Munson senior center in Dona Ana county;

                (44) one million one hundred thousand dollars ($1,100,000) to make improvements, including purchase and installation of equipment, to the East Mesa senior center in Dona Ana county;

                (45) one hundred thirty-two thousand four hundred thirty-six dollars ($132,436) to make improvements, including purchase and installation of equipment, to the Artesia senior center in Eddy county;

                (46) seventy-six thousand five hundred seventy-two dollars ($76,572) to make improvements, including purchase and installation of equipment, to the Artesia meal site in Eddy county;

                (47) thirty-four thousand ninety-four dollars ($34,094) to purchase and install equipment for the Artesia senior center in Eddy county;

                (48) two hundred twenty-nine thousand sixty-two dollars ($229,062) to make improvements, including purchase and installation of equipment, to the Carlsbad senior center in Eddy county;

                (49) sixty-seven thousand five hundred fifty dollars ($67,550) to make improvements, including purchase and installation of equipment, to the Silver City senior center in Grant county;

                (50) eighty-two thousand dollars ($82,000) to make improvements, including purchase and installation of equipment, to the Vaughn senior center in Guadalupe county;

                (51) twenty-eight thousand six hundred seven dollars ($28,607) to purchase and install meals equipment for the Vaughn senior center in Guadalupe county;

                (52) ten thousand dollars ($10,000) to make improvements, including purchase and installation of equipment, to the Puerto de Luna senior center in Guadalupe county;

                (53) sixteen thousand three hundred forty dollars ($16,340) to make improvements, including purchase and installation of equipment, to La Loma senior center in Guadalupe county;

                (54) six thousand two hundred thirty-five dollars ($6,235) to purchase and install equipment for the Vaughn senior center in Guadalupe county;

                (55) two thousand six hundred dollars ($2,600) to make improvements, including purchase and installation of equipment, to the Roy senior center in Harding county;

                (56) one thousand four hundred fourteen dollars ($1,414) to make improvements, including purchase and installation of equipment, to the Jal senior center in Lea county;

                (57) one hundred forty-six thousand dollars ($146,000) to make improvements, including purchase and installation of equipment, to the Lovington senior center in Lea county;

                (58) eleven thousand two hundred twenty-five dollars ($11,225) to make improvements, including purchase and installation of equipment, to the Tatum senior center in Lea county;

                (59) five hundred ten dollars ($510) to purchase and install meals equipment for the Jal senior center in Lea county;

                (60) sixteen thousand dollars ($16,000) to purchase and install meals equipment for the Hobbs senior center in Lea county;

                (61) five thousand five hundred fifty dollars ($5,550) to purchase and install meals equipment for the Eunice senior center in Lea county;

                (62) three thousand dollars ($3,000) to purchase and install equipment for the Eunice senior center in Lea county;

                (63) five thousand eight hundred dollars ($5,800) to make improvements, including purchase and installation of equipment, to the Capitan, Carrizozo and Ruidoso Downs senior centers in Lincoln county;

                (64) twenty-five thousand dollars ($25,000) to make improvements, including purchase and installation of equipment, to the Corona senior center in Lincoln county;

                (65) ten thousand dollars ($10,000) to make improvements, including purchase and installation of equipment, to the Capitan senior center in Lincoln county;

                (66) three thousand seven hundred sixty dollars ($3,760) to purchase and install meals equipment for the Deming/Luna county senior center in Luna county;

                (67) twenty-five thousand dollars ($25,000) to make improvements, including purchase and installation of equipment, to the Thoreau senior center in McKinley county;

                (68) six thousand five hundred dollars ($6,500) to make improvements, including purchase and installation of equipment, to the Ramah senior center in McKinley county;

                (69) one hundred twenty-seven thousand dollars ($127,000) to make improvements, including purchase and installation of equipment, to the Baca chapter senior center on the Navajo Nation in McKinley county;

                (70) sixteen thousand dollars ($16,000) to make improvements, including purchase and installation of equipment, to the Becenti chapter senior center on the Navajo Nation in McKinley county;

                (71) two hundred twenty thousand dollars ($220,000) to make improvements, including purchase and installation of equipment, to the Bread Springs chapter senior center on the Navajo Nation in McKinley county;

                (72) twenty-five thousand dollars ($25,000) to make improvements, including purchase and installation of equipment, to the Church Rock chapter senior center on the Navajo Nation in McKinley county;

                (73) five thousand dollars ($5,000) to make improvements, including purchase and installation of equipment, to the Tohatchi chapter senior center on the Navajo Nation in McKinley county;

                (74) ten thousand dollars ($10,000) to make improvements, including purchase and installation of equipment, to the Manuelito chapter senior center on the Navajo Nation in McKinley county;

                (75) seven thousand five hundred dollars ($7,500) to make improvements, including purchase and installation of equipment, to the Nahodishgish senior center on the Navajo Nation in McKinley county;

                (76) fifty-five thousand dollars ($55,000) to make improvements, including purchase and installation of equipment, to the Smith Lake chapter senior center on the Navajo Nation in McKinley county;

                (77) seventy-seven thousand dollars ($77,000) to make improvements, including purchase and installation of equipment, to the Ojo Encino chapter senior center on the Navajo Nation in McKinley county;

                (78) forty-five thousand dollars ($45,000) to make improvements, including purchase and installation of equipment, to the Rock Springs chapter senior center on the Navajo Nation in McKinley county;

                (79) seventy-five thousand dollars ($75,000) to make improvements, including purchase and installation of equipment, to the Casamero Lake chapter senior center on the Navajo Nation in McKinley county;

                (80) thirty-five thousand dollars ($35,000) to purchase and install equipment for the Pueblo of Zuni senior center in McKinley county;

                (81) two hundred fifty thousand dollars ($250,000) to plan, design, construct and equip a multigenerational activity space and repair the roof and plumbing at the Neighborhood recreation center in McKinley county;

                (82) twenty-nine thousand dollars ($29,000) to make improvements, including purchase and installation of equipment, to the Mora senior center in Mora county;

                (83) six thousand dollars ($6,000) to purchase and install meals equipment for the Mora senior center in Mora county;

                (84) thirty thousand dollars ($30,000) to purchase and install meals equipment for the Wagon Mound senior center in Mora county;

                (85) one hundred forty-two thousand six hundred forty-six dollars ($142,646) to purchase and install meals equipment for senior centers nationwide on the Navajo Nation in McKinley and San Juan counties;

                (86) two thousand dollars ($2,000) to make improvements, including purchase and installation of equipment, to the Alamo senior center in Otero county;

                (87) one hundred forty-five thousand dollars ($145,000) to make improvements, including purchase and installation of equipment, to the Tularosa senior center in Otero county;

                (88) seven thousand five hundred dollars ($7,500) to make improvements, including purchase and installation of equipment, to the Cloudcroft senior center in Otero county;

                (89) fourteen thousand one hundred ninety-four dollars ($14,194) to make improvements, including purchase and installation of equipment, to the Alamogordo senior center in Otero county;

                (90) seventeen thousand eight hundred dollars ($17,800) to purchase and install meals equipment for the Tucumcari and House senior centers in Quay county;

                (91) thirty thousand dollars ($30,000) to make improvements, including purchase and installation of equipment, to the Nara Visa senior center in Quay county;

                (92) fifteen thousand dollars ($15,000) to make improvements, including purchase and installation of equipment, to the Pioneer senior center in Quay county;

                (93) eight thousand six hundred dollars ($8,600) to purchase and install equipment for senior programs in Tucumcari in Quay county;

                (94) fifty-six thousand four hundred dollars ($56,400) to make improvements, including purchase and installation of equipment, to the Pueblo of Santa Clara senior center in Rio Arriba county;

                (95) ninety-two thousand seven hundred dollars ($92,700) to purchase and install meals equipment for senior centers countywide in Rio Arriba county;

                (96) sixteen thousand nine hundred dollars ($16,900) to purchase and install equipment for senior centers countywide in Rio Arriba county;

                (97) two million four hundred thousand dollars ($2,400,000) to construct, furnish and equip a regional adult daycare facility at the Pueblo of Santa Clara in Rio Arriba county;

                (98) nine hundred eighteen thousand five hundred dollars ($918,500) to plan, design, construct and equip a senior center at Ohkay Owingeh in Rio Arriba county;

                (99) eighty-four thousand dollars ($84,000) to make improvements, including purchase and installation of equipment, to the senior center in Espanola in Rio Arriba county;

                (100) four thousand five hundred dollars ($4,500) to make improvements, including purchase and installation of equipment, to the Espanola, Tierra Amarilla and Coyote senior centers in Rio Arriba county;

                (101) one hundred thousand dollars ($100,000) to make improvements, including purchase and installation of equipment, to the Truchas senior center in Rio Arriba county;

                (102) twenty-six thousand five hundred dollars ($26,500) to purchase and install meals equipment for the Pueblo of Santa Clara senior center in Rio Arriba county;

                (103) three thousand three hundred dollars ($3,300) to purchase and install equipment for the Ohkay Owingeh senior center in Rio Arriba county;

                (104) one hundred eighty thousand dollars ($180,000) to make improvements, including purchase and installation of equipment, to the Medanales senior center in Rio Arriba county;

                (105) one hundred twenty thousand seven hundred fifty-seven dollars ($120,757) to make improvements, including purchase and installation of equipment, to the Portales senior center in Roosevelt county;

                (106) nine thousand eight hundred dollars ($9,800) to purchase and install meals equipment for the Bonnie Dallas senior center in San Juan county;

                (107) eight thousand dollars ($8,000) to make improvements, including purchase and installation of equipment, to the Northwest New Mexico Seniors, incorporated, senior center in San Juan county;

                (108) twenty thousand dollars ($20,000) to make improvements, including purchase and installation of equipment, to the Bloomfield senior center in San Juan county;

                (109) five thousand eight hundred forty dollars ($5,840) to make improvements, including purchase and installation of equipment, to the Aztec senior center in San Juan county;

                (110) two thousand nine hundred ten dollars ($2,910) to make improvements, including purchase and installation of equipment, to the Naschitti chapter senior center on the Navajo Nation in San Juan county;

                (111) two thousand nine hundred ten dollars ($2,910) to make improvements, including purchase and installation of equipment, to the Sheep Springs chapter senior center on the Navajo Nation in San Juan county;

                (112) one thousand dollars ($1,000) to purchase and install meals equipment for the Aztec senior center in San Juan county;

                (113) one thousand three hundred seventy-five dollars ($1,375) to purchase and install equipment for the Blanco senior center in San Juan county;

                (114) eight hundred twenty-five thousand dollars ($825,000) to construct, equip and furnish a senior center in Pecos in San Miguel county;

                (115) ninety-six thousand dollars ($96,000) to purchase and install meals equipment for the Las Vegas and San Miguel senior centers in San Miguel county;

                (116) one hundred seventy thousand dollars ($170,000) to make improvements, including purchase and installation of equipment, to the Pueblo of San Felipe senior center in Sandoval county;

                (117) ninety-two thousand dollars ($92,000) to purchase and install meals equipment for senior centers countywide in Sandoval county;

                (118) sixty thousand dollars ($60,000) to make improvements, including purchase and installation of equipment, to the Pueblo of Santo Domingo senior center in Sandoval county;

                (119) twenty thousand dollars ($20,000) to purchase and install meals equipment for the Pueblo of Santo Domingo senior center in Sandoval county;

                (120) four thousand one hundred fifty dollars ($4,150) to purchase and install equipment for senior centers countywide in Sandoval county;

                (121) eight thousand dollars ($8,000) to purchase and install equipment for the Pueblo of Jemez senior center in Sandoval county;

                (122) one thousand four hundred dollars ($1,400) to purchase and install equipment for the Pueblo of San Felipe senior center in Sandoval county;

                (123) eight hundred thousand dollars ($800,000) to make improvements, including purchase and installation of equipment, to the Pueblo of Jemez senior center in Sandoval county;

                (124) ten thousand dollars ($10,000) to make improvements, including purchase and installation of equipment, to the Placitas and Jemez senior centers in Sandoval county;

                (125) sixteen thousand dollars ($16,000) to make improvements, including purchase and installation of equipment, to the Pena Blanca, Jemez, Placitas and Bernalillo senior centers in Sandoval county;

                (126) two hundred seventy-six thousand dollars ($276,000) to make improvements, including purchase and installation of equipment, to the Meadowlark senior center in Sandoval county;

                (127) twenty-six thousand nine hundred dollars ($26,900) to purchase and install meals equipment for the Meadowlark senior center in Sandoval county;

                (128) two thousand dollars ($2,000) to purchase and install meals equipment for the Pueblo of San Felipe senior center in Sandoval county;

                (129) three thousand three hundred dollars ($3,300) to purchase and install equipment for the Pena Blanca senior center in Sandoval county;

                (130) thirty-five thousand dollars ($35,000) to purchase and install equipment for the Pueblo of Santo Domingo senior center in Sandoval county;

                (131) six hundred seventy-five thousand dollars ($675,000) to construct a building to provide adult daycare services at the north Sandoval county senior center in Sandoval county;

                (132) five thousand seven hundred dollars ($5,700) to purchase and install meals equipment for senior centers citywide in Santa Fe in Santa Fe county;

                (133) two hundred thousand dollars ($200,000) to make improvements, including purchase and installation of equipment, to the Pasatiempo senior center in Santa Fe county;

                (134) fifty-five thousand five hundred dollars ($55,500) to make improvements, including purchase and installation of equipment, to the Abedon Lopez senior center in Santa Fe county;

                (135) eighty thousand dollars ($80,000) to make improvements, including purchase and installation of equipment, to the Pueblo of San Ildefonso senior program in Santa Fe county;

                (136) seventy-eight thousand dollars ($78,000) to make improvements, including purchase and installation of equipment, to the Pueblo of Nambe senior center in Santa Fe county;

                (137) four thousand five hundred dollars ($4,500) to purchase and install meals equipment for the Pasatiempo senior center in Santa Fe county;

                (138) nineteen thousand forty dollars ($19,040) to purchase and install equipment for senior centers citywide in Santa Fe in Santa Fe county;

                (139) twenty-four thousand eight hundred twenty dollars ($24,820) to purchase and install equipment for the Pueblo of Nambe senior center in Santa Fe county;

                (140) four thousand six hundred five dollars ($4,605) to purchase and install equipment for the Pueblo of San Ildefonso senior center in Santa Fe county;

                (141) fifty thousand dollars ($50,000) for the purchase and installation of equipment at El Rancho senior center in Santa Fe county;

                (142) forty-six thousand dollars ($46,000) to make improvements, including purchase and installation of equipment, to the Kenneth James senior center in Sierra county;

                (143) fifteen thousand dollars ($15,000) to make improvements, including purchase and installation of equipment, to the Socorro senior center in Socorro county;

                (144) twelve thousand six hundred fifty dollars ($12,650) to make improvements, including purchase and installation of equipment, to the Alamo chapter senior center of the Navajo Nation in Socorro county;

                (145) one thousand dollars ($1,000) to purchase and install equipment for the Socorro senior center in Socorro county;

                (146) fifteen thousand dollars ($15,000) to make improvements, including purchase and installation of equipment, to the Pueblo of Picuris senior center in Taos county;

                (147) one thousand six hundred eighty dollars ($1,680) to purchase and install meals equipment for senior centers countywide in Taos county;

                (148) seven thousand ninety-four dollars ($7,094) to purchase and install equipment for the Pueblo of Taos senior center in Taos county;

                (149) three hundred thousand dollars ($300,000) to plan, design, construct and equip improvements and renovations to the Amalia senior center in Taos county;

                (150) thirty-four thousand dollars ($34,000) to make improvements, including purchase and installation of equipment, to senior centers countywide in Taos county;

                (151) three thousand dollars ($3,000) to purchase and install meals equipment for the Pueblo of Picuris senior center in Taos county;

                (152) two thousand eight hundred eighty dollars ($2,880) to purchase and install equipment for the Amalia and Taos senior centers in Taos county;

                (153) eight hundred eighty thousand dollars ($880,000) to plan, design, construct and equip a facility to replace the old facility for elders at the Pueblo of Taos senior center in Taos county;

                (154) one hundred twelve thousand seven hundred fifty dollars ($112,750) to make improvements, including purchase and installation of equipment, to senior centers in Torrance county;

                (155) seventy-five thousand dollars ($75,000) to make improvements, including purchase and installation of equipment, to the McIntosh senior center in Torrance county;

                (156) twenty-seven thousand eight hundred sixty-one dollars ($27,861) to purchase and install meals equipment for senior centers in Torrance county;

                (157) one thousand dollars ($1,000) to purchase and install equipment for the Clayton senior center in Union county;

                (158) five thousand dollars ($5,000) to make improvements, including purchase and installation of equipment, to the Clayton senior center in Union county;

                (159) nine thousand five hundred dollars ($9,500) to purchase and install meals equipment for the Clayton senior center in Union county; and

                (160) three hundred thousand dollars ($300,000) to make improvements, including purchase and installation of equipment, to Los Lunas senior center in Valencia county;

          B. for higher educational capital improvements and acquisitions:

                (1) to the board of regents of eastern New Mexico university:

                     (a) four million five hundred thousand dollars ($4,500,000) to plan, design, construct, upgrade, expand and equip the dental clinic facilities at eastern New Mexico university in Roswell in Chaves county;

                     (b) one million three hundred thousand dollars ($1,300,000) to develop the site for and plan, design, construct and equip the allied health center at the Roswell branch campus of eastern New Mexico university in Chaves county;

                     (c) one million two hundred fifty thousand dollars ($1,250,000) to plan, design and construct an expansion of the instructional center at the Ruidoso branch campus of eastern New Mexico university in Lincoln county; and

                     (d) four million five hundred thousand dollars ($4,500,000) to develop the site for and plan, design, construct and equip the renovation of the music building at eastern New Mexico university in Portales in Roosevelt county;

                (2) to the higher education department:

                     (a) twelve million dollars ($12,000,000) to develop the site for, plan, design, construct and equip a main campus classroom and technology building at Albuquerque technical-vocational institute in Albuquerque in Bernalillo county;

                     (b) three million dollars ($3,000,000) to develop the site for and plan, design, construct, equip and furnish the Clovis community college allied health center in Clovis in Curry county;

                     (c) one million dollars ($1,000,000) to plan, design and construct the remodeling of the testing center at New Mexico junior college in Hobbs in Lea county;

                     (d) nine hundred fifty thousand dollars ($950,000) to remodel the cowboy hall of fame at New Mexico junior college in Hobbs in Lea county;

                     (e) one million five hundred thousand dollars ($1,500,000) for a facilities master plan at Mesalands community college in Tucumcari in Quay county;

                     (f) eight hundred thousand dollars ($800,000) to develop the site for and plan, design and construct the outdoor learning center demonstration gardens at San Juan college in Farmington in San Juan county;

                     (g) two million dollars ($2,000,000) to construct a multipurpose education center at Luna community college in Las Vegas in San Miguel county; and

                     (h) three million dollars ($3,000,000) to develop the site for and plan, design, construct and equip an allied health and science building at Santa Fe community college in Santa Fe county;

                (3) to the board of regents of New Mexico school for the blind and visually impaired, three million dollars ($3,000,000) to purchase land for and plan, design, construct and equip a facility to house the early childhood program at the New Mexico school for the blind and visually impaired in Albuquerque in Bernalillo county;

                (4) to the board of regents of New Mexico highlands university:

                     (a) three million five hundred thousand dollars ($3,500,000) to develop the site for and plan, design, construct and equip the Felix Martinez building at New Mexico highlands university in Las Vegas in San Miguel county; and

                     (b) three million dollars ($3,000,000) to develop the site for and plan, design, construct and equip the renovation of Burris hall at New Mexico highlands university in Las Vegas in San Miguel county;

                (5) to the board of regents of New Mexico institute of mining and technology:

                     (a) one million dollars ($1,000,000) to design, construct, landscape, equip and furnish the Joseph A. Fidel student services center at the New Mexico institute of mining and technology in Socorro in Socorro county; and

                     (b) six million five hundred thousand dollars ($6,500,000) to develop the site for and plan, design, construct and equip renovations to Kelly and Jones halls at the New Mexico institute of mining and technology in Socorro in Socorro county;

                (6) to the board of regents of New Mexico military institute, three million eight hundred thousand dollars ($3,800,000) to renovate and expand Dow hall at New Mexico military institute in Roswell in Chaves county;

                (7) to the board of regents of New Mexico school for the deaf, seven million dollars ($7,000,000) to develop the site for and plan, design, construct and equip the renovation of Dillon and Connor halls at New Mexico school for the deaf in Santa Fe in Santa Fe county;

                (8) to the board of regents of New Mexico state university:

                     (a) five hundred thousand dollars ($500,000) to plan and design a college and community library center at the Grants branch campus of New Mexico state university in Cibola county;

                     (b) three million dollars ($3,000,000) to develop the site for and plan, design, construct and equip the Native American cultural center at New Mexico state university in Las Cruces in Dona Ana county;

                     (c) twelve million dollars ($12,000,000) to plan, design, construct, furnish and equip renovations and expansion of Gardiner hall at New Mexico state university in Las Cruces in Dona Ana county;

                     (d) four million dollars ($4,000,000) to develop the site for and plan, design, construct and equip the East Mesa center at the Dona Ana branch community college of New Mexico state university in Dona Ana county;

                     (e) one million five hundred thousand dollars ($1,500,000) for infrastructure renovation, expansion and deferred maintenance at the Carlsbad branch campus of New Mexico state university in Eddy county; and

                     (f) one million five hundred thousand dollars ($1,500,000) to plan, design and construct an addition to the Reidlinger math and science building at the Alamogordo branch campus of New Mexico state university in Otero county;

                (9) to the board of regents of northern New Mexico state school:

                     (a) three million dollars ($3,000,000) to acquire land and develop the site for and plan, design, construct and equip a building for teacher education and general education at northern New Mexico state school in Espanola in Rio Arriba county; and

                     (b) three hundred thousand dollars ($300,000) to plan, design and construct a plaza at the El Rito campus of northern New Mexico state school in Rio Arriba county;

                (10) to the board of regents of the university of New Mexico:

                     (a) seven million dollars ($7,000,000) to develop the site for and plan, design, construct and equip a science and mathematics learning center at the university of New Mexico in Albuquerque in Bernalillo county;

                     (b) five million dollars ($5,000,000) to plan, design, construct and equip the health sciences center education building at the university of New Mexico in Albuquerque in Bernalillo county;

                     (c) three hundred fifty thousand dollars ($350,000) to develop the site for, plan, design, construct and equip the renovation of instructional facilities at the Los Alamos branch campus of the university of New Mexico in Los Alamos county;

                     (d) two hundred fifty thousand dollars ($250,000) to plan, design and construct a lecture hall at the Los Alamos branch campus of the university of New Mexico in Los Alamos county;

                     (e) two million dollars ($2,000,000) to develop the site for and plan, design, construct and equip a technology center and classroom building at the Gallup branch campus of the university of New Mexico in McKinley county;

                     (f) five hundred thousand dollars ($500,000) to expand the career technical multipurpose facility at the Taos branch campus of the university of New Mexico in Taos county; and

                     (g) one million dollars ($1,000,000) to develop the site for and plan, design, construct and equip improvements, including upgrading security and lighting systems, landscaping and additions, at the Valencia campus of the university of New Mexico in Los Lunas in Valencia county; and

                (11) to the board of regents of western New Mexico university, six million dollars ($6,000,000) to develop the site for and plan, design, construct and equip the renovation and expansion of the Juan Chacon building at western New Mexico university in Silver City in Grant county; and

          C. for statewide library acquisitions:

                (1) to the cultural affairs department, three million dollars ($3,000,000) for supplemental library resource acquisitions, including books, equipment and resources, for public libraries statewide;

                (2) to the higher education department, three million dollars ($3,000,000) for library resource acquisitions for academic libraries statewide; and

                (3) to the public education department, three million dollars ($3,000,000) to acquire library books, equipment and library resources for eligible public school and juvenile detention libraries in the state of New Mexico. The

secretary of public education shall identify all eligible school libraries and distribute these funds by providing a base amount of three thousand dollars ($3,000) per library and the remaining balance on a per-membership basis.

     Section 11. ELECTION.--

          A. Bonds issued pursuant to the 2006 Capital Projects General Obligation Bond Act shall be submitted to the registered voters of the state at the general election to be held in November 2006 and, if they receive a majority of all the votes cast thereon at such election, shall take effect upon certification of the state canvassing board announcing the results of such election. No bonds shall be issued or sold under that act until the registered voters of this state have voted upon and approved the bonds and property tax as provided in this section. Any bonds issued under that act shall be issued within thirty months from the date of such election.

          B. The ballots used at the 2006 general election shall contain substantially the following language:

                (1) "The 2006 Capital Projects General Obligation Bond Act authorizes the issuance and sale of senior citizen facility improvement and construction bonds. Shall the state be authorized to issue general obligation bonds in an amount not to exceed twenty-two million five hundred thousand dollars ($22,500,000) to make capital expenditures for certain senior citizen facility improvements and construction projects and provide for a general property tax imposition and levy for the payment of principal of, interest on and expenses incurred in connection with the issuance of the bonds and the collection of the tax as permitted by law?

          For________________ Against___________________";

                (2) "The 2006 Capital Projects General Obligation Bond Act authorizes the issuance and sale of higher educational capital improvement and acquisition bonds. Shall the state be authorized to issue general obligation bonds in an amount not to exceed one hundred twelve million dollars ($112,000,000) to make capital expenditures for certain higher educational capital improvements and acquisitions and provide for a general property tax imposition and levy for the payment of principal of, interest on and expenses incurred in connection with the issuance of the bonds and the collection of the tax as permitted by law?

          For________________ Against___________________"; and

                (3) "The 2006 Capital Projects General Obligation Bond Act authorizes the issuance and sale of public library acquisition bonds. Shall the state be authorized to issue general obligation bonds in an amount not to exceed nine million one hundred thousand dollars ($9,100,000) to make capital expenditures for public library acquisitions and provide for a general property tax imposition and levy for the payment of principal of, interest on and expenses incurred in connection with the issuance of the bonds and the collection of the tax as permitted by law?

          For________________ Against___________________".

          C. Each question set forth in this section includes a specific work or object to be financed by the bonds. If any such question is not approved by a majority vote of the electorate at the state's 2006 general election, the issuance of bonds for the work or object specified by the question shall be excluded from and shall not be part of the 2006 Capital Projects General Obligation Bond Act. The failure of a question to be approved by the electorate at the 2006 general election shall not affect those questions that are approved at the election.

          D. The secretary of state shall include the submission of the capital projects general obligation bonds to the people at the 2006 general election, and it shall be included in the general election proclamation of each of the county clerks. The secretary of state shall cause the 2006 Capital Projects General Obligation Bond Act to be published in full in at least one newspaper in each county of the state if one be published therein, once each week, for four successive weeks next preceding the general election as required by the constitution of New Mexico.

     Section 12. ART IN PUBLIC PLACES.--Pursuant to Section 13-4A-4 NMSA 1978 and where applicable, the appropriations authorized in the 2006 Capital Projects General Obligation Bond Act include money for the art in public places fund.

     Section 13. PROJECT SCOPE--EXPENDITURES--REVERSION.--

          A. If an appropriation for a project authorized in the 2006 Capital Projects General Obligation Bond Act is not sufficient to complete all the purposes specified, the appropriation may be expended for any portion of the purposes specified in the appropriation. Expenditures shall not be made for purposes other than those specified in the appropriation.

          B. The state agencies and state institutions to which money has been appropriated in the 2006 Capital Projects General Obligation Bond Act shall be responsible for monitoring the projects funded in that act to ensure compliance with the constitution and laws of New Mexico, and shall cause to be reverted any unexpended or unencumbered balance remaining at the earlier of the third full fiscal year after issuance of the bonds or the termination or completion of the specific project. Reverted funds shall be deposited in the debt service fund established by the state treasurer for the purpose of paying the principal of and interest on the state's general obligation bonds.

     Section 14. SEVERABILITY.--If any part or application of the 2006 Capital Projects General Obligation Bond Act is held invalid, the remainder or its application to other situations or persons shall not be affected.

     Section 15. EMERGENCY.--It is necessary for the public peace, health and safety that this act take effect immediately.

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