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F I S C A L I M P A C T R E P O R T

SPONSOR Sandoval

ORIGINAL DATE

LAST UPDATED

2/14/07

3/01/07 HB HJR 14/aHHGAC

SHORT TITLE

BERNALILLO COUNTY ROAD WIDENING

SB

ANALYST Propst

APPROPRIATION (dollars in thousands)

Appropriation

Recurring

or Non-Rec

Fund

Affected

FY07

FY08

NFI

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

LFC Files

Responses Received From

General Services Department (GSD)

SUMMARY

Synopsis of HHGAC Amendment

The House Health Government Affairs Committee amendment changes the statutory citation

authorizing GSD to carry out the intent of HJR 14 from Section 13-6-2, NMSA 1978 to Section

13-6-2, NMSA 1978.

Synopsis of Original Bill

House Joint Resolution 14 authorizes the Property Control Division (PCD) of the General

Services Department (PCD) to lease, sale, or trade 10.6525 acres of land on Edith Boulevard in

Albuquerque, to Bernalillo County to construct a water detention pond, pursuant to the following

conditions:

.

The lease term will not exceed five years, during which time Bernalillo County and

PCD will negotiate an agreement for an acceptable land exchange or for Bernalillo

County to purchase the property.

.

PCD will allow the county to construct the water retention pond under the terms of

the lease.

.

The sale, lease or property exchange would require approval from the Capitol

Buildings Planning Commission.

House Joint Resolution 14/aHHGAC – Page

2

FISCAL IMPLICATIONS

Proceeds of the lease would be deposited in the Public Buildings Repair Fund. Proceeds of a

sale would be deposited in the Property Control Reserve Fund

.

SIGNIFICANT ISSUES

GSD notes that the property is a low lying swale across Edith Boulevard from the Youth

Diagnostic and Development (YDDC) campus. Because of the topography, it would not be

suitable for development without considerable fill material to raise the property elevation.

Bernalillo County has leased the property for the last five years, but the lease term expired just as

they are ready to proceed with the water retention project. The pond is critical to the

improvement of Edith Boulevard because of its location and the lack of drainage in the area.

OTHER SUBSTANTIVE ISSUES

GSD reports that the potential of a trade for more useful property could be advantageous to the

State. When PCD acquires property, whether by donation, trade or purchase, State Board of

Finance approval is required, including an appraisal validated by the Property Tax Division of

the Taxation and Revenue Department.

WEP/mt