HOUSE BILL 737

48th legislature - STATE OF NEW MEXICO - first session, 2007

INTRODUCED BY

Thomas A. Anderson

AN ACT

MAKING AN APPROPRIATION TO THE LOCAL GOVERNMENT DIVISION OF THE DEPARTMENT OF FINANCE AND ADMINISTRATION TO PROMOTE ECONOMIC DEVELOPMENT AND REVITALIZATION OF THE WEST CENTRAL CORRIDOR.

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

     Section 1. APPROPRIATION.--Two hundred fifty thousand dollars ($250,000) is appropriated from the general fund to the local government division of the department of finance and administration for expenditure in fiscal year 2008 to promote the economic development and revitalization of the west central corridor by contracting with a community organization for services and to facilitate communication and collaboration with ten neighborhood associations and two merchant associations in Albuquerque in Bernalillo county. Any unexpended or unencumbered balance remaining at the end of fiscal year 2008 shall revert to the general fund.

- 2 -