0001|                               AN ACT
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0002| RELATING TO CAPITAL PROJECTS; PROVIDING LEGISLATIVE AUTHORIZATION FOR
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0003| FINANCING CAPITAL PROJECTS FROM THE PUBLIC PROJECT REVOLVING FUND;
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0004| PROHIBITING LOANS FOR CERTAIN PROJECTS; DECLARING AN EMERGENCY.
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0005| 
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0006| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
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0007|      Section 1.  AUTHORIZATION OF PROJECTS.--Pursuant to the provisions
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0008| of Section 6-21-6 NMSA 1978, the legislature authorizes the New Mexico
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0009| finance authority to make loans from the public project revolving fund
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0010| to the following qualified entities for the following public projects on
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0011| terms and conditions established by the authority:
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0012|           A.  to the city of Aztec for a water project and a wastewater
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0013| project;
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0014|           B.  to Santa Fe county for a recreational facility project, a
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0015| parking facility project, a detention facility project and a solid waste
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0016| project;
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0017|           C.  to Socorro county for land acquisition for an
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0018| administration building project;
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0019|           D.  to Quay county for a solid waste project;
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0020|           E.  to the Hyde Park community water association for a water
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0021| project;
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0022|           F.  to the Lea county solid waste authority for a solid waste
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0023| project;
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0024|           G.  to McKinley county for a public health clinic project;
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0025|           H.  to the Ruidoso regional joint use board for a wastewater
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0001| project;
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0002|           I.  to the village of Cloudcroft for a water project and a
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0003| wastewater project;
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0004|           J.  to Valencia county for a solid waste project;
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0005|           K.  to the Alpine Village sanitation district for a water
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0006| project;
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0007|           L.  to the city of Aztec for an electric utility distribution
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0008| system project;
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0009|           M.  to the village of Columbus for a fire station project and
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0010| a solid waste project;
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0011|           N.  to the Garfield water association for a water project;
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0012|           O.  to the village of Angel Fire for a solid waste project;
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0013|           P.  to the city of Raton for a solid waste project;
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0014|           Q.  to the village of Roy for a solid waste project;
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0015|           R.  to the town of Taos for a solid waste project;          S.  to Mora county for a solid waste project;
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0016|           T.  to the town of Taos for a water rights acquisition
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0017| project;
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0018|           U.  to the Nor-Lea county hospital for a medical building
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0019| project;
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0020|           V.  to the Agua Sana water association for a water project;
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0021|           W.  to the Dona Ana county flood control commission for a
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0022| flood control project;
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0023|           X.  to the energy, minerals and natural resources department
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0024| for the park system capital projects;
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0025|           Y.  to Valencia and Socorro counties for a central solid
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0001| waste authority;
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0002|           Z.  to the town of Hagerman to purchase water rights;
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0003|           AA.  to the Navajo Nation for a water treatment plant and
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0004| related infrastructure for a potato processing plant at the Navajo
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0005| agriculture products industry location on the Navajo nation; 
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0006|           BB.  to New Mexico state university for a center for
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0007| sustainable development of arid lands;
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0008|           CC.  to the city of Rio Rancho for a youth complex; and
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0009|           DD.  to the city of Clovis for a solid waste project;
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0010| provided that tipping fees or solid waste fees shall not be used as a
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0011| source of revenue to repay the loan and that gross receipt tax revenues
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0012| shall be used as the sole source of revenue to repay the loan.
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0013|      Section 2.  SEVERABILITY.--If any part or application of this act
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0014| is invalid, the remainder of its application to other situations or
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0015| persons shall not be affected.
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0016|      Section 3.  EMERGENCY.--It is necessary for the public peace,
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0017| health and safety that this act take effect immediately.                 
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0018|                                 
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0019| 
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0020|                                                              HB
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0021| 8
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0022|                                                              Page 
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