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AN ACT

RELATING TO CAPITAL EXPENDITURES; AUTHORIZING THE ISSUANCE OF

SEVERANCE TAX BONDS; APPROPRIATING THE PROCEEDS FOR CERTAIN

ROAD PROJECTS; MAKING GENERAL FUND APPROPRIATIONS FOR CERTAIN

ROAD PROJECTS; CREATING A FUND; AUTHORIZING DISTRIBUTIONS FROM

THE FUND FOR CERTAIN PROJECTS; APPROPRIATING THE INTEREST

EARNED ON CERTAIN BOND PROCEEDS FOR A CERTAIN PROJECT; MAKING

APPROPRIATIONS.

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

Section 1. A new section of the Severance Tax Bonding

Act is enacted to read:

"AUTHORIZATION FOR SEVERANCE TAX BONDS FOR SEVERANCE TAX

TRANSPORTATION FUND--APPROPRIATION OF PROCEEDS.--

A. The state board of finance may issue and sell

severance tax bonds in fiscal years 2007 through 2009 in

compliance with the Severance Tax Bonding Act in an amount not

exceeding a total of one hundred fifty million dollars

($150,000,000) when the department of transportation certifies

the need for the issuance of the bonds; provided that:

(1) in fiscal year 2007, no more than fifty

million dollars ($50,000,000) in bonds shall be issued; and

(2) in each of fiscal years 2008 and 2009,

no more than the lesser of fifty million dollars ($50,000,000)

or twelve and one-half percent of severance tax bonding

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capacity, as determined pursuant to Section 7-27-10.1 NMSA

1978, shall be issued.

B. The state board of finance shall schedule the

issuance and sale of the bonds in the most expeditious and

economical manner possible upon a finding by the board that,

based upon a certification from the department of

transportation, the proceeds of the bonds are needed and that

the projects can proceed to contract within a reasonable time.

The state board of finance shall further take the appropriate

steps necessary to comply with the federal Internal Revenue

Code of 1986, as amended. The state board of finance may

issue and sell the bonds in the same manner as other severance

tax bonds in an amount not to exceed the authorized amount

provided for in this subsection.

C. The proceeds from the sale of the bonds are

appropriated as follows:

(1) proceeds of the bonds issued in fiscal

year 2007 are appropriated to the local government

transportation fund for distribution as directed by the

department of transportation for projects pursuant to Section

6-21-6.12 NMSA 1978;

(2) twenty percent of the proceeds of the

bonds issued in fiscal years 2008 and 2009 are appropriated to

the department of transportation to perform routine

maintenance on state highways;

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(3) forty percent of the proceeds of the

bonds issued in fiscal years 2008 and 2009 are appropriated to

the local government transportation fund for distribution as

directed by the department of transportation for projects

pursuant to Section 6-21-6.12 NMSA 1978; and

(4) forty percent of the proceeds of the

bonds issued in fiscal years 2008 and 2009 are appropriated to

the department of transportation for the purpose of completing

those projects authorized in Paragraphs (1) and (3) through

(38) of Subsection A of Laws 2003 (1st S.S.), Chapter 3,

Section 27, provided that the department shall comply with the

requirements of Subsections C, D and E of Section 67-3-59.4

NMSA 1978.

D. Money from the severance tax bonds provided for

in this section shall not be used to pay indirect costs. If

the department of transportation has not certified the need

for the issuance of the bonds by July 1, 2009, the

authorization provided in this section shall expire."

Section 2. A new section of the New Mexico Finance

Authority Act, Section 6-21-6.12 NMSA 1978, is enacted to

read:

"6-21-6.12. LOCAL GOVERNMENT TRANSPORTATION FUND--

CREATED--DISTRIBUTIONS.--

A. The "local government transportation fund" is

created within the authority. The fund shall be administered

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by the authority as a separate account, but may consist of

subaccounts if the authority deems them necessary to carry out

the purpose of the fund. The fund shall consist of general

fund appropriations and severance tax bond proceeds

appropriated to the fund and, except as provided in Subsection

E of this section, all earnings of the fund.

B. Except as provided in Subsection D of this

section, upon certification by the department of

transportation that a project has been approved for payment

and upon compliance with the requirements of this section,

money in the fund shall be distributed to local governments

for projects specifically authorized by the legislature. The

authority shall issue payment to the local government named in

the project application and certification.

C. Except as provided in Subsection D of this

section, distributions from the fund shall be made pursuant to

the following criteria:

(1) projects shall be funded in the order

that a completed application from a local government is

received if the application shows, to the satisfaction of the

department, that the project is ready to proceed and that the

local government has, or will timely have, the required match

for the distribution;

(2) distributions from the fund shall be

used to pay no more than the state's portion of the total cost

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necessary to develop and construct the project as presented in

the approved application;

(3) to qualify for funding, a local

government shall apply for funding through the department of

transportation's regional or metropolitan planning

organizations;

(4) a local government shall show, to the

satisfaction of the department of transportation, that it will

match the distribution from the local government

transportation fund in the following amounts:

(a) for a project with a total cost of

less than five hundred thousand dollars ($500,000), the local

government shall contribute ten percent of the total project

cost;

(b) for a project with a total cost of

five hundred thousand dollars ($500,000) or greater, but less

than or equal to one million dollars ($1,000,000), the local

government shall contribute twenty percent of the total

project cost;

(c) for a project with a total cost

greater than one million dollars ($1,000,000), but less than

or equal to six million dollars ($6,000,000), the local

government shall contribute thirty-five percent of the total

project cost; and

(d) for a project with a total project

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cost greater than six million dollars ($6,000,000), the local

government shall contribute forty-five percent of the total

project cost; and

(5) in determining the sufficiency of a

local government's matching contribution, the department shall

consider actual funds, in-kind contributions, preconstruction

design and development costs and other related expenditures

made in the furtherance of the project. Matching fund sources

may be any money available to the local government for the

project, including:

(a) grants or loans by the authority

from the local transportation infrastructure fund;

(b) appropriations from local

government road funds;

(c) community development block grants;

and

(d) available federal funds.

D. Notwithstanding the requirements of Subsections

B and C of this section up to five hundred thousand dollars

($500,000) of the fund may be expended by the department of

transportation for engineering and design services to develop

the projects funded with distributions from the fund without a

requirement for a local match.

E. Earnings from investing the fund are subject to

appropriation by the legislature to the department of

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transportation to be used for payment of administrative costs

associated with the fund, including payment for engineering

costs.

F. As used in this section:

(1) "fund" means the local government

transportation fund; and

(2) "local government" means a municipality

acting within its planning and platting jurisdiction, a county

or an Indian nation, tribe or pueblo."

Section 3. GENERAL FUND APPROPRIATIONS--ROAD

PROJECTS.--

A. Twenty-five million dollars ($25,000,000) is

appropriated from the general fund to the department of

transportation for expenditure in fiscal years 2007 through

2010 for the purpose of completing those projects authorized

in Paragraphs (1) and (3) through (38) of Subsection A of Laws

2003 (1st S.S.), Chapter 3, Section 27, provided that the

department shall comply with the requirements of Subsections

C, D and E of Section 67-3-59.4 NMSA 1978. Any unexpended or

unencumbered balance remaining at the end of fiscal year 2010

shall revert to the general fund.

B. Twenty-five million dollars ($25,000,000) is

appropriated from the general fund to the local government

transportation fund for distribution in fiscal years 2007

through 2010 as directed by the department of transportation

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for projects pursuant to Section 6-21-6.12 NMSA 1978.

C. Ten million dollars ($10,000,000) is

appropriated from the general fund to the department of

transportation for expenditure in fiscal years 2007 through

2010 to acquire land and to plan, design, construct, furnish

and equip the southwest regional spaceport in Sierra county

and to acquire rights of way, plan, design and construct

drainage and paving improvements and transportation

infrastructure improvements in Sierra county and Dona Ana

county that are related to the spaceport. Any unexpended or

unencumbered balance remaining at the end of fiscal year 2010

shall revert to the general fund.

Section 4. PROJECTS AUTHORIZED FOR DISTRIBUTIONS FROM

THE LOCAL GOVERNMENT TRANSPORTATION FUND.--Pursuant to the

provisions of Section 6-21-6.12 NMSA 1978, upon certification

by the department of transportation that the need exists for a

distribution from the local government transportation fund and

pursuant to the requirements of that section, the following

amounts are appropriated to the department of transportation

to be distributed for the following purposes:

1. six million two hundred eighty-five thousand

seven hundred dollars ($6,285,700) for acquisition of rights

of way, planning, design and construction of roadway drainage,

paving and intersection improvements, including landscaping,

for Unser boulevard south of Central avenue in the city of

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Albuquerque in Bernalillo county;

2. three million four hundred thirty-seven

thousand five hundred dollars ($3,437,500) for Rio Bravo

interchange improvements in Bernalillo county;

3. four million four hundred thousand dollars

($4,400,000) for acquisition of rights of way, planning,

design and construction of roadway drainage and paving

improvements on Edith boulevard between Candelaria road and

Montano road in Bernalillo county;

4. two million seven hundred thirty thousand

dollars ($2,730,000) for acquisition of rights of way,

planning, design and construction of roadway, safety and

paving improvements, including signalization of intersections

on Fourth street, in the village of Los Ranchos de Albuquerque

in Bernalillo county;

5. two million six hundred thousand dollars

($2,600,000) for acquisition of rights of way, planning,

design and construction of a new roadway east of the city of

Roswell in Chaves county;

6. nine hundred ten thousand dollars ($910,000)

for acquisition of rights of way, planning, design and

construction of roadway drainage and paving improvements of

local streets in the town of Dexter in Chaves county;

7. two million three hundred eight thousand seven

hundred dollars ($2,308,700) for acquisition of rights of way,

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planning, design and new construction of roadway drainage and

paving for west College boulevard extension from north

Sycamore avenue west to the Roswell relief route in the city

of Roswell in Chaves county;

8. two million eight hundred fifty-one thousand

nine hundred dollars ($2,851,900) for acquisition of rights of

way, planning, design and construction of new bridge and

roadway drainage and paving improvements for a railroad grade

separation bridge connecting bureau of Indian affairs roads 30

and 36 in the Pueblo of Acoma in Cibola county;

9. four hundred fifty-two thousand eight hundred

dollars ($452,800) for acquisition of rights of way, planning,

design and construction of roadway and drainage improvements

on C-41, Pie Town road and south Bloomfield road to the Ramah

high school complex in Cibola county;

10. one million one hundred five thousand dollars

($1,105,000) for acquisition of rights of way, planning,

design and construction of roadway, drainage and bridge

improvements on east Roosevelt avenue in the city of Grants in

Cibola county;

11. one million six hundred twenty-five thousand

dollars ($1,625,000) for the acquisition of rights of way,

planning, design and construction of ramps and access roadway

improvements to the route 66 casino in the Pueblo of Laguna in

Cibola county;

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12. seven hundred forty-one thousand dollars

($741,000) for the acquisition of rights of way, planning,

design and construction of roadway and drainage improvements,

including curbs, gutters and sidewalks, on Pinon drive in the

village of Milan in Cibola county;

13. two million nine hundred twenty-five thousand

dollars ($2,925,000) for the acquisition of rights of way,

planning, design and construction of roadway drainage and

paving improvements for reconstruction and rehabilitation of

roads within the Ramah chapter of the Navajo Nation in Cibola

county;

14. nine hundred seventy-five thousand dollars

($975,000) for the acquisition of rights of way, planning,

design and construction of roadway drainage and paving

improvements to Back Basin road in the village of Angel Fire

in Colfax county;

15. four hundred thousand dollars ($400,000) for

rights of way, planning, design and construction of roadway

and drainage improvements to resurface streets in the village

of Cimarron in Colfax county;

16. six hundred thousand dollars ($600,000) for

planning and inventory of all county roads and construction of

roadway improvements for various county roads in Colfax

county;

17. one million three hundred thousand dollars

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($1,300,000) for acquisition of rights of way, planning,

design and construction of roadway drainage and paving

improvements to south Tomboy drive and Willow Creek drive in

the village of Eagle Nest in Colfax county;

18. two million six hundred thousand dollars

($2,600,000) for acquisition of rights of way, planning,

design and construction of roadway drainage and paving

improvements at various locations in the city of Raton in

Colfax county;

19. three million two hundred fifty thousand

dollars ($3,250,000) for acquisition of rights of way,

planning, design and construction of roadway drainage and

paving improvements, including lighting, curbs and gutters,

medians and sidewalks, for Maxwell avenue and Railroad avenue

in the town of Springer in Colfax county;

20. one million seven hundred fifty-five thousand

dollars ($1,755,000) for acquisition of rights of way,

planning, design and construction of roadway drainage and

paving improvements on Prince street in the city of Clovis in

Curry county;

21. one million one hundred eighty-three thousand

dollars ($1,183,000) for acquisition of rights of way,

planning, design and construction of roadway drainage and

paving improvements to county road 3 in Curry county;

22. four hundred ninety-six thousand dollars

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($496,000) for acquisition of rights of way, planning, design

and construction of roadway drainage and paving improvements

for reconstruction of Seventeenth street for access to Airport

Industrial road in Fort Sumner in De Baca county;

23. nine hundred seventy-five thousand dollars

($975,000) for acquisition of rights of way, planning, design

and construction of roadway drainage and paving improvements

of Tortugas Arroyo Dripping Springs crossing and Berino road

in Dona Ana county;

24. three million seven hundred five thousand

dollars ($3,705,000) for acquisition of rights of way,

planning, design and construction of roadway drainage and

paving improvements at the intersection of Telshor boulevard

and Lohman avenue in the city of Las Cruces in Dona Ana

county;

25. three million fifty-five thousand dollars

($3,055,000) for acquisition of rights of way, planning,

design and construction of roadway drainage, paving and

widening of Anapra road in the city of Sunland Park in Dona

Ana county;

26. six hundred forty-eight thousand dollars

($648,000) for acquisition of rights of way, planning, design

and construction of roadway drainage and paving improvements

for east Herrera road in the village of Hatch in Dona Ana

county;

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27. one million seventy-two thousand five hundred

dollars ($1,072,500) for acquisition of rights of way,

planning, design and construction of roadway drainage and

paving improvements to rehabilitate local concrete streets,

including intersection and drainage improvements, in the city

of Artesia in Eddy county;

28. four hundred thousand dollars ($400,000) for

planning and design of a bridge over the Pecos river on the

proposed southeast Loop road in Eddy county;

29. twenty-seven thousand dollars ($27,000) for

the construction repair of potholes on village streets in the

town of Hope in Eddy county;

30. one million forty thousand dollars

($1,040,000) for acquisition of rights of way, planning,

design and construction of roadway drainage and paving

improvements on roads, including but not limited to Main,

north Franey, south Franey, Yucca and Chino, in the city of

Bayard in Grant county;

31. one million six hundred twenty-five thousand

dollars ($1,625,000) for planning, design and construction of

roadway drainage and paving improvements to resurface Diaz

avenue and Carrasco avenue in the town of Hurley in Grant

county;

32. one million nine hundred fifty thousand

dollars ($1,950,000) for acquisition of rights of way,

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planning, design and construction of roadway drainage and

paving improvements to resurface and improve Hutchinson street

and Pinon street in the village of Santa Clara in Grant

county;

33. three million seven hundred thirty thousand

one hundred dollars ($3,730,100) for acquisition of rights of

way, planning, design and construction of roadway drainage and

paving improvements, including sidewalks, curbs, gutters,

drainage improvements and compliance with the federal

Americans with Disabilities Act of 1990, for Little Walnut

road in the city of Silver City in Grant county;

34. seven hundred eighty thousand dollars

($780,000) for acquisition of rights of way, planning, design

and construction of roadway drainage and paving improvements

for Rosedale road in Grant county;

35. one million three hundred thousand dollars

($1,300,000) for acquisition of rights of way, planning,

design and construction of roadway drainage and paving

improvements, including but not limited to roadway widening,

curbs and gutters, sidewalks and drainage, for River road in

the city of Santa Rosa in Guadalupe county;

36. seven hundred eleven thousand two hundred

dollars ($711,200) for acquisition of rights of way, planning,

design and construction of roadway drainage and paving

improvements to various town streets in the town of Vaughn in

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Guadalupe county;

37. two million three hundred fifteen thousand

seven hundred dollars ($2,315,700) for acquisition of rights

of way, planning, design and construction of roadway drainage

and paving improvements, including but not limited to overlay,

shoulder widening and improvements, for Trigg road in Harding

county;

38. eight hundred thousand dollars ($800,000) for

acquisition of rights of way, planning, design and

construction of roadway drainage and paving improvements,

including curbs and gutters, sidewalks and asphalt surfacing,

for various local roads in the village of Mosquero in Harding

county;

39. eight hundred thousand dollars ($800,000) for

planning, design and construction of roadway drainage and

paving improvements for Seventh street and Railroad avenue in

the village of Roy in Harding county;

40. two million one hundred forty-five thousand

dollars ($2,145,000) for acquisition of rights of way,

planning, design and construction of roadway drainage and

paving improvements for POW road southeast of Lordsburg in

Hidalgo county;

41. eight hundred thousand dollars ($800,000) for

acquisition of rights of way, planning, design and

construction of roadway drainage and paving improvements,

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including but not limited to sidewalks, curbs and gutters and

drainage improvements, on Main street from Poplar street to

Transfer Station road in the city of Lordsburg in Hidalgo

county;

42. one million seven hundred eighty-seven

thousand five hundred dollars ($1,787,500) for acquisition of

rights of way, planning, design and construction of roadway

drainage and paving improvements on various local streets in

the village of Virden in Hidalgo county;

43. five hundred fifty-two thousand dollars

($552,000) for planning, design and construction of pedestrian

improvements, including landscaping, sidewalks, medians and

crosswalks, signage and parking, and related amenities to

encourage multimodal transportation within the city of Eunice

in Lea county;

44. five hundred thirty-six thousand dollars

($536,000) for acquisition of rights of way, planning, design

and construction of roadway drainage and paving improvements

on Third street from the north side of Utah avenue to the

south side of Minnesota avenue in the city of Jal in Lea

county;

45. one million two hundred thirty-five thousand

dollars ($1,235,000) for planning, design and construction of

roadway drainage and paving improvements, including the chip

sealing of various roads, in Lea county;

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46. nine hundred seventy-five thousand dollars

($975,000) for acquisition of rights of way, planning, design

and construction of roadway drainage and paving improvements

on Ninth street from avenue R to Gum street in the city of

Lovington in Lea county;

47. four hundred forty thousand dollars ($440,000)

for roadway and drainage improvements to base course various

village roads in the village of Capitan in Lincoln county;

48. four hundred ninety-six thousand dollars

($496,000) for acquisition of rights of way, planning, design

and construction of roadway drainage and paving improvements

on Eighth street from United States highway 64 to B avenue in

the town of Carrizozo in Lincoln county;

49. one million seven hundred fifty-five thousand

dollars ($1,755,000) for acquisition of rights of way,

planning, design and construction of roadway drainage and

paving improvements, including the paving of Cora Dutton road,

to county road C017 in Lincoln county;

50. two hundred sixty-one thousand dollars

($261,000) for planning, design and construction of roadway

and bridge lane improvements on Parker drive, including but

not limited to replacing a single lane with two lanes, in the

village of Ruidoso Downs in Lincoln county;

51. one million three hundred nineteen thousand

five hundred dollars ($1,319,500) for acquisition of rights of

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way, planning, design and construction of roadway drainage,

paving and pedestrian improvements on Grand Canyon drive in

Los Alamos county;

52. two million nine hundred fifty-seven thousand

five hundred dollars ($2,957,500) for acquisition of rights of

way, planning, design and construction of roadway drainage and

paving improvements, including sidewalks, curbs and gutters

and drainage improvements, in the national historic district

area in the village of Columbus in Luna county;

53. two million six hundred thousand dollars

($2,600,000) for acquisition of rights of way, planning,

design and construction of roadway drainage and paving

improvements on Spruce street from Pine street to Thirteenth

street in the city of Deming in Luna county;

54. one hundred thirty-five thousand dollars

($135,000) for acquisition of rights of way, planning, design

and construction of bridge and paving improvements on Tse

Bonito ridge road in McKinley county;

55. two million eight hundred twenty-seven

thousand five hundred dollars ($2,827,500) for acquisition of

rights of way, planning, design and reconstruction of roadway

drainage and paving improvements, including sidewalk, curb and

gutter, bicycle and pedestrian facilities and intersection

improvements, to Mendoza road in the city of Gallup in

McKinley county;

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56. three million one hundred twenty thousand four

hundred dollars ($3,120,400) for acquisition of rights of way,

planning, design and construction of roadway drainage and

paving improvements to county road 001-A in McKinley county;

57. one million two hundred sixty-seven thousand

five hundred dollars ($1,267,500) for acquisition of rights of

way, planning, study, design and construction of roadway

drainage and paving improvements to bureau of Indian affairs

route 301 in the Pueblo of Zuni in McKinley county;

58. four hundred eighty thousand dollars

($480,000) for acquisition of rights of way, planning, design

and construction of roadway drainage and paving improvements

to various roads in Mora county;

59. three million five hundred sixteen thousand

five hundred dollars ($3,516,500) for acquisition of rights of

way, planning, design and construction of roadway drainage and

paving improvements to north Scenic drive reconstruction,

south Florida avenue and new roadway at Martin Luther King

drive in the city of Alamogordo in Otero county;

60. two hundred twenty-five thousand dollars

($225,000) for acquisition of rights of way, planning, design

and construction of enhancements, stabilization and

restoration for Mexican Canyon trestle in the village of

Cloudcroft in Otero county;

61. four hundred thousand dollars ($400,000) for

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the study of alternate routes and the acquisition of rights of

way, planning, design and construction of roadway drainage and

paving improvements to Ski Apache access road in Otero county;

62. four hundred twenty-three thousand dollars

($423,000) for acquisition of rights of way, planning, design

and construction of roadway drainage and paving improvements

to Fresnal Canyon road in Otero county;

63. two hundred twenty-five thousand dollars

($225,000) for acquisition of rights of way, planning, design

and construction of school zone traffic-calming improvements

in the village of House in Quay county;

64. eight hundred thousand dollars ($800,000) for

the acquisition of rights of way, planning, design and

construction of roadway drainage, reconstruction and widening

of Airport road in Quay county;

65. five hundred fifty-seven thousand seven

hundred dollars ($557,700) for the acquisition of rights of

way, planning, design and construction of roadway drainage,

paving improvements and reconstruction of Adams road in the

city of Tucumcari in Quay county;

66. one million eight hundred twenty thousand

dollars ($1,820,000) for acquisition of rights of way,

planning, design and construction of roadway drainage, paving

improvements and reconstruction with shoulders, acceleration

and deceleration lanes and signage to NP501 and NP502 in Ohkay

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Owingeh in Rio Arriba county;

67. nine hundred sixty-two thousand dollars

($962,000) for acquisition of rights of way, planning, design

and construction of roadway drainage, paving improvements,

sidewalks and street lighting to Sandhill drive in the

Jicarilla Apache Nation in Rio Arriba county;

68. seven million seven hundred thousand dollars

($7,700,000) for acquisition of rights of way, planning,

design of surfacing, base course and paving improvements to

county road 319 in Rio Arriba county;

69. two million thirty-one thousand three hundred

dollars ($2,031,300) for acquisition of rights of way,

planning, design and construction of roadway drainage and

paving improvements, including shoulder widening, turning

lanes, sidewalks, lighting, curbs and gutters and landscaping,

on Industrial Park road in the city of Espanola in Rio Arriba

county;

70. seven hundred eleven thousand two hundred

dollars ($711,200) for acquisition of rights of way, planning,

design and construction and rehabilitation of roadway curbs,

gutters and intersection improvements in the town of Elida in

Roosevelt county;

71. one hundred ninety-eight thousand dollars

($198,000) for reconstruction with double penetration seal of

county road 7 in Roosevelt county;

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72. six million three hundred eighty-nine thousand

nine hundred dollars ($6,389,900) for acquisition of rights of

way, planning, design and construction of roadway drainage and

a new four-lane minor arterial, including a bridge across the

Animas river at Pinon Hills east and east Main to county road

3950, in the city of Farmington in San Juan county;

73. seven hundred ninety-nine thousand five

hundred dollars ($799,500) for acquisition of rights of way,

planning, design and construction of repairs and replacements

on two bridges and low-water crossing on county road 6100 in

San Juan county;

74. four million three hundred seventy-two

thousand five hundred dollars ($4,372,500) for acquisition of

rights of way, planning, design and construction, including

new roadway and drainage, for an east Aztec arterial connector

from United States highway 550 to New Mexico highway 173 in

the city of Aztec in San Juan county;

75. one hundred ninety-eight thousand dollars

($198,000) for the acquisition of rights of way, planning,

design and construction of roadway drainage, paving

improvements and rehabilitation of Navajo route 36 from United

States route 491 south of Shiprock to New Mexico route 371 in

San Juan county;

76. one million one hundred thirty-seven thousand

five hundred dollars ($1,137,500) for acquisition of rights of

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way, planning, design and construction of roadway drainage and

paving improvements to Alamo street from Grand avenue to New

Mexico avenue in the city of Las Vegas in San Miguel county;

77. five hundred twenty thousand dollars

($520,000) for acquisition of rights of way, planning, design

and reconstruction of roadway drainage and paving improvements

to Camino Lomita for two thousand two hundred eighty feet

starting at New Mexico highway 63 in the village of Pecos in

San Miguel county;

78. four hundred thousand dollars ($400,000) for

acquisition of rights of way, planning, design and

construction of roadway drainage and bridge construction at

various locations in San Miguel county;

79. one million three hundred thousand dollars

($1,300,000) for acquisition of rights of way, planning,

design and construction of roadway drainage, paving

improvements and reconstruction to various county roads in San

Miguel county;

80. one million six hundred twenty-five thousand

dollars ($1,625,000) for acquisition of rights of way,

planning, design and construction of Main street streetscape

enhancements in the town of Bernalillo in Sandoval county;

81. four hundred forty-four thousand four hundred

dollars ($444,400) for acquisition of rights of way, planning,

design and construction of pedestrian facilities in the

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village of Jemez Springs in Sandoval county;

82. two million seven hundred sixty-two thousand

five hundred dollars ($2,762,500) for acquisition of rights of

way, planning, design and construction of roadway drainage and

paving improvements and the widening of Unser boulevard and

Farol road to United States highway 550 in the village of Rio

Rancho in Sandoval county;

83. one million two hundred seventy-four thousand

dollars ($1,274,000) for acquisition of rights of way,

planning, design and construction of roadway drainage and

bridge replacement for bridge number 8 on state road 313 in

the Pueblo of San Felipe in Sandoval county;

84. five hundred seventy-six thousand dollars

($576,000) for acquisition of rights of way, planning, design

and construction of a multiuse trail in the village of San

Ysidro in Sandoval county;

85. ninety thousand nine hundred dollars ($90,900)

for acquisition of rights of way, planning, design and

construction of railroad crossing safety improvements in the

Pueblo of Sandia in Sandoval county;

86. two million three hundred forty thousand

dollars ($2,340,000) for acquisition of rights of way,

planning, design and construction, drainage and paving

improvements for a transit facility, including a park and ride

lot, in Sandoval county;

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87. one million one hundred forty-four thousand

dollars ($1,144,000) for acquisition of rights of way,

planning, design and construction, drainage and paving

improvements for various roads in the Pueblo of Santa Ana in

Sandoval county;

88. four hundred twenty-three thousand dollars

($423,000) for acquisition of rights of way, planning, design

and construction, drainage and paving improvements of Zia

Pueblo Bernalillo commercial property, including access,

parking and pedestrian facilities, on lands of the Pueblo of

Zia in Sandoval county;

89. three hundred fifteen thousand dollars

($315,000) for acquisition of rights of way, planning, design

and construction, drainage and paving improvements for Alabama

street in the Pueblo of Nambe in Santa Fe county;

90. four hundred thousand dollars ($400,000) for

acquisition of rights of way, planning, design and

construction, drainage, safety and paving improvements,

including sidewalks and new road construction for housing

subdivisions and pedestrian and bike trails, in the Pueblo of

Pojoaque in Santa Fe county;

91. nine hundred seventy-five thousand dollars

($975,000) to construct sidewalks compliant with the federal

Americans with Disabilities Act of 1990 and a storm water

collection system, including acquisition of rights of way,

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planning, design and construction, on Agua Fria street in

Santa Fe county;

92. nine hundred three thousand five hundred

dollars ($903,500) for safety enhancements, including

acquisition of rights of way, planning, design and

construction for pedestrian and school areas and for purchase

of an emergency vehicle, in the Pueblo of Tesuque in Santa Fe

county;

93. four million seven hundred fourteen thousand

three hundred dollars ($4,714,300) for acquisition of rights

of way, planning, design and construction, drainage and paving

improvements to Cerrillos road in the city of Santa Fe in

Santa Fe county;

94. three million six hundred fifty-six thousand

three hundred dollars ($3,656,300) for acquisition of rights

of way, planning, design and construction, drainage and paving

improvements and bridge construction for the Siler road

extension in the city of Santa Fe in Santa Fe county;

95. two million sixty thousand one hundred dollars

($2,060,100) for acquisition of rights of way, planning,

design and construction, drainage and paving improvements to

various county roads in Santa Fe county, of which one million

five hundred thousand dollars ($1,500,000) is for county roads

in northern Santa Fe county;

96. six hundred thousand dollars ($600,000) for

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acquisition of rights of way, planning, design and

construction of drainage and paving improvements on Tewa and

Travis roadways in the city of Elephant Butte in Sierra

county;

97. one million three hundred seventy-eight

thousand dollars ($1,378,000) for acquisition of rights of

way, planning, design and construction, drainage and paving

improvements, including sidewalks, curbs and gutters and storm

drains, for Riverside drive and Morgan street in the city of

Truth or Consequences in Sierra county;

98. four hundred five thousand dollars ($405,000)

for acquisition of rights of way, land purchase, planning,

design and construction, drainage and paving improvements,

including sidewalks, curbs and gutters and storm drains for

the reconstruction of First street, in the village of

Williamsburg in Sierra county;

99. two million four hundred seventy thousand

dollars ($2,470,000) for acquisition of rights of way,

planning, design and construction, drainage and paving

improvements to construct a new bridge from Florida roadway to

the energetic materials research and testing center access

road in the city of Socorro in Socorro county;

100. four hundred thousand dollars ($400,000) for

acquisition of rights of way, planning, design and

construction, drainage and paving improvements to Esco road in

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Socorro county;

101. two hundred sixteen thousand dollars

($216,000) to renovate roadways, including acquisition of

rights of way, planning, design and construction, drainage and

paving improvements, in the Pueblo of Picuris in Taos county;

102. ninety thousand dollars ($90,000) for

acquisition of rights of way, planning, design and

construction, drainage and paving improvements to Gonzales

road in the village of Questa in Taos county;

103. one hundred ninety-eight thousand dollars

($198,000) for acquisition of rights of way, planning, design

and construction, drainage and paving improvements for the

claim jumper reclamation project in the town of Red River in

Taos county;

104. five million five hundred seventy-one

thousand five hundred dollars ($5,571,500) for acquisition of

rights of way, planning, design and construction, shoulder

widening, bicycle and pedestrian facilities, drainage and

paving improvements on west Rim road in Taos county;

105. one million three hundred fifty-eight

thousand five hundred dollars ($1,358,500) for acquisition of

rights of way, planning, design and construction, drainage,

pedestrian and paving improvements in the Veterans highway

area of the Pueblo of Taos in Taos county;

106. one million fifty thousand eight hundred

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dollars ($1,050,800) for acquisition of rights of way,

planning, design and construction, drainage and paving

improvements to various county roads in Torrance county;

107. one million eighteen thousand two hundred

dollars ($1,018,200) for acquisition of rights of way,

planning, design and construction, drainage and paving

improvements to east Alan Ayers road in the town of Estancia

in Torrance county;

108. four hundred thirty-two thousand dollars

($432,000) for acquisition of rights of way, planning, design

and construction, drainage, pedestrian and paving improvements

to Camino Oriente in the city of Moriarty in Torrance county;

109. one million five hundred eight thousand

dollars ($1,508,000) for acquisition of rights of way,

planning, design and construction of drainage and paving

improvements to various roadways in the town of Mountainair in

Torrance county;

110. three hundred thirty-nine thousand seven

hundred dollars ($339,700) for acquisition of rights of way,

planning, design and construction, drainage and paving

improvements for various streets in the village of Willard in

Torrance county;

111. one million nine hundred fifty thousand

dollars ($1,950,000) for acquisition of rights of way,

planning, design and construction, installation of

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acceleration and deceleration lanes, sidewalks, drainage and

paving improvements on Kitts road between United States

highways 87 and 56 in the town of Clayton in Union county;

112. eight hundred thousand dollars ($800,000) for

acquisition of rights of way, planning, design and

construction, drainage and paving improvements on county roads

in Highland Meadows, El Cerro Mission and Meadow Lake in

Valencia county;

113. four hundred thirty-seven thousand eight

hundred dollars ($437,800) for acquisition of rights of way,

planning, design and construction of drainage and paving

improvements to Bosque loop in the village of Bosque Farms in

Valencia county;

114. two million thirty-one thousand three hundred

dollars ($2,031,300) for acquisition of rights of way,

planning and design of an interchange and arterial river

crossing in the village of Los Lunas in Valencia county;

115. five million nine hundred eighty-two thousand

five hundred dollars ($5,982,500) for acquisition of rights of

way, planning, design and construction of drainage and paving

improvements to the Manzano expressway in Valencia county; and

116. two hundred ninety-two thousand five hundred

dollars ($292,500) for acquisition of rights of way, planning,

design and construction of paving and drainage improvements on

Campbell road in Union county.

Section 5. INTEREST EARNED ON STATE TRANSPORTATION

PROJECT BONDS--APPROPRIATION.--Twenty-four million one hundred

thousand dollars ($24,100,000) of interest earned on the

proceeds of state transportation project bonds issued pursuant

to Sections 67-3-59.3 and 67-3-59.4 NMSA 1978 is appropriated

to the department of transportation for expenditure in fiscal

years 2007 through 2009 for the reconstruction and

preservation of the existing two lanes on highway 491. Any

unexpended or unencumbered balance remaining at the end of

fiscal year 2009 shall not revert but shall be used by the

department of transportation for debt service on the state

transportation project bonds.

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