SB 80
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AN ACT
RELATING TO FINANCE; AUTHORIZING THE NEW MEXICO FINANCE
AUTHORITY TO MAKE LOANS FOR PUBLIC PROJECTS FROM THE PUBLIC
PROJECT REVOLVING FUND; 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 6-21-6 NMSA 1978, the legislature
authorizes the New Mexico finance authority to make loans
from the public project revolving fund to the following
qualified entities for the following public projects on terms
and conditions established by the authority:
1. to the city of Artesia in Eddy county for
equipment, building, infrastructure, refinancing, water,
wastewater, water rights, solid waste, road and land
projects;
2. to the Aztec municipal school district in San
Juan county for equipment, building, refinancing,
infrastructure and teacherage projects;
3. to the city of Aztec in San Juan county for
equipment, building, infrastructure, refinancing, water,
wastewater, water rights, solid waste, road and land
projects;
4. to the Belen consolidated school district in
Valencia county for equipment, building, refinancing,