HB 197

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AN ACT

RELATING TO DEPARTMENT OF HEALTH FACILITIES; CLARIFYING THE

PURPOSE FOR WHICH CERTAIN REVENUE BONDS MAY BE ISSUED;

DECLARING AN EMERGENCY.

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

Section 1. Laws 2005, Chapter 320, Section 8 is amended

to read:

"Section 8. AUTHORIZATION FOR REVENUE BONDS--DEPARTMENT

OF HEALTH FACILITIES.--Pursuant to Laws 2003, Chapter 341,

Section 4, as amended by Laws 2005, Chapter 320, Section 7,

the New Mexico finance authority may issue and sell revenue

bonds in compliance with the provisions of that section and

the provisions of the New Mexico Finance Authority Act in an

amount not exceeding thirty-nine million dollars ($39,000,000)

plus an amount equal to the costs of issuing the revenue bonds

for the following purposes in the following amounts:

A. ten million three hundred thousand dollars

($10,300,000) for capital outlay projects at the southern New

Mexico rehabilitation center;

B. eleven million dollars ($11,000,000) for

capital outlay projects at the New Mexico behavioral health

institute at Las Vegas;

C. four million dollars ($4,000,000) for capital

outlay projects at Fort Bayard medical center; and

D. thirteen million seven hundred thousand dollars

($13,700,000) for use by the property control division of the

general services department for land acquisition and the

planning, designing, construction and equipping of a state

laboratory facility in Bernalillo county for use by the

department of health."

Section 2. EMERGENCY.--It is necessary for the public

peace, health and safety that this act take effect

immediately. HB 197

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