HOUSE BILL 708

49th legislature - STATE OF NEW MEXICO - first session, 2009

INTRODUCED BY

Eleanor Chavez

AN ACT

MAKING AN APPROPRIATION TO THE LOCAL GOVERNMENT DIVISION OF THE DEPARTMENT OF FINANCE AND ADMINISTRATION TO PROMOTE THE ECONOMIC DEVELOPMENT AND REVITALIZATION OF THE WEST CENTRAL CORRIDOR.

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

     Section 1. APPROPRIATION.--One hundred fifty thousand dollars ($150,000) is appropriated from the general fund to the local government division of the department of finance and administration for expenditure in fiscal year 2010 to promote the economic development and revitalization of the west central corridor by contracting with a community organization for services and to facilitate communication and collaboration between ten neighborhood associations and two merchant associations in Albuquerque in Bernalillo county. Any unexpended or unencumbered balance remaining at the end of fiscal year 2010 shall revert to the general fund.

- 2 -