0001|                   SENATE JOINT RESOLUTION 17
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0002|     42ND LEGISLATURE - STATE OF NEW MEXICO - SECOND SESSION,
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0003|     1996
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0004|                         INTRODUCED BY
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0005|                        SHANNON ROBINSON
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0006|     
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0007|     
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0008|     
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0009|     
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0010|     
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0011|                       A JOINT RESOLUTION
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0012|     PROPOSING TO AMEND ARTICLE 9, SECTION 10 OF THE CONSTITUTION OF
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0013|     NEW MEXICO TO PERMIT COUNTIES THE USE OF GENERAL OBLIGATION
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0014|     BONDS FOR THE ACQUISITION OF OPEN SPACE.
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0015|     
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0016|     BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
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0017|       Section 1.  It is proposed to amend Article 9, Section 10
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0018|     of the constitution of New Mexico to read:
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0019|       "No county shall borrow money except for the following
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0020|     purposes:
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0021|            A.  erecting, remodeling and making additions to
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0022|     necessary public buildings;
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0023|            B.  constructing or repairing public roads and
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0024|     bridges;
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0025|            C.  constructing or acquiring a system for supplying
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0001|     water, including the acquisition of water and water rights,
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0002|     necessary real estate or rights of way and easements;
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0003|            D.  constructing or acquiring a sewer system,
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0004|     including the necessary real estate or rights of way and
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0005|     easements;
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0006|            E.  constructing an airport or sanitary landfill,
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0007|     including the necessary real estate; <s>[or]</s>
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0008|            F.  the purchase of books and other library resources
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0009|     for libraries in the county; <u>or</u>
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0010|            <u>G.  the acquisition of open space</u>.
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0011|       In such cases, indebtedness shall be incurred only after
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0012|     the proposition to create such debt has been submitted to the
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0013|     registered voters of the county and approved by a majority of
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0014|     those voting thereon.  No bonds issued for such purpose shall
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0015|     run for more than fifty years.  Provided, however, that no money
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0016|     derived from general obligation bonds issued and sold hereunder
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0017|     shall be used for maintaining existing buildings and, if so,
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0018|     such bonds shall be invalid."
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0019|       Section 2.  The amendment proposed by this resolution shall
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0020|     be submitted to the people for their approval or rejection at
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0021|     the next general election or at any special election prior to
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0022|     that date which may be called for that purpose.
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0023|                                    
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0024|   
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0025|                    FORTY-SECOND LEGISLATURE
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0001|                      SECOND SESSION, 1996
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0002|   
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0003|   
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0004|                                              February 3, 1996
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0005|   
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0006|   Mr. President:
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0007|   
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0008|     Your RULES COMMITTEE, to whom has been referred
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0009|   
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0010|                   SENATE JOINT RESOLUTION 17
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0011|   
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0012|   has had it under consideration and reports same with
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0013|   recommendation that it DO PASS, and thence referred to the
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0014|   SENATE FINANCE COMMITTEE.
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0015|   
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0016|                              Respectfully submitted,
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0017|   
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0018|   
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0019|   
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0020|                              __________________________________
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0021|                              Gloria Howes, Chairman 
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0022|   
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0023|   
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0024|   
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0025|   Adopted_______________________ Not Adopted_______________________
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0001|             (Chief Clerk)                          (Chief Clerk)
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0002|   
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0003|   
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0004|   
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0005|                     Date ________________________
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0006|   
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0007|   
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0008|   The roll call vote was <u> 7 </u> For <u> 0 </u> Against
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0009|   Yes:  7
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0010|   No:        0
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0011|   Excused:   EJennings, Aragon
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0012|   Absent:    0
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0013|   
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0014|   
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0015|   SJR17RU1
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0016|   
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