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F I S C A L I M P A C T R E P O R T
SPONSOR Garcia
ORIGINAL DATE
LAST UPDATED
3/11/07
HB
SHORT TITLE Radium Springs Inn Transportation
SB SM 76
ANALYST Baca
ESTIMATED ADDITIONAL OPERATING BUDGET IMPACT (dollars in thousands)
FY07
FY08
FY09 3 Year
Total Cost
Recurring or
Non-Rec
Fund
Affected
Total
Indeterminate
Non-
Recurring General
Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
SUMMARY
Synopsis of Bill
Senate Memorial 76 requests the expeditious development of viable transportation access to the
historic Radium Hot Springs Inn
.
FISCAL IMPLICATIONS
The memorial itself has no fiscal impact. However, implementing its intent will require
expenditures that are as yet unknown.
SIGNIFICANT ISSUES
SM 76 cites the historic importance of Radium Hot Springs to Native American traders and later
as arrest stop for Spanish traders and soldiers traveling El Camino Real between Mexico and
Northern New Mexico. Further, SM 76 reports the construction of an inn where the individuals
could avail themselves of the benefits of the mineral springs.
SM 76 notes that Radium Springs Inn could become a viable tourist attraction and be an
economic asset for Dona Ana County and surrounding area. Job creation as well as other
economic benefits is cited in the memorial. The memorial states that carrying out the intent of
the memorial will help the area recover a lost economic opportunity.