HB 268
Page 1
AN ACT
RELATING TO FINANCE; AUTHORIZING THE NEW MEXICO FINANCE
AUTHORITY TO MAKE LOANS OR GRANTS FROM THE WATER PROJECT FUND
FOR CERTAIN WATER PROJECTS; 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:
1. to the city of Rio Rancho in Sandoval county
for a water conveyance project;
2. to Bernalillo county for a water conveyance
project;
3. to the city of Alamogordo in Otero county for a
water project;
4. to the city of Alamogordo in Otero county for a
water conservation and reuse project;
5. to Anthony water and sanitation district in
Dona Ana county for a water project;
6. to Blanco mutual domestic water consumers and