HB 172
Page 1
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 Pueblo of Acoma in Cibola county for
equipment, road, water, wastewater and refinancing projects;
3. to the Agua Fria mutual domestic water
consumers association in Santa Fe county for equipment,
building, water, wastewater and infrastructure projects;
4. to the Alamogordo public school district in
Otero county for equipment, building, infrastructure and
refinancing projects;
5. to the Albuquerque public school district in
Bernalillo county for equipment, building, infrastructure and