0001|         HOUSE TAXATION AND REVENUE COMMITTEE SUBSTITUTE FOR
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0002|                            HOUSE BILL 10
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0003|     43rd legislature - STATE OF NEW MEXICO - second session, 1998
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0004|                                   
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0005|     
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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|                                AN ACT
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0012|     AUTHORIZING THE ISSUANCE AND SALE OF CAPITAL PROJECTS GENERAL
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0013|     OBLIGATION BONDS TO MAKE CAPITAL EXPENDITURES FOR SENIOR
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0014|     CITIZEN FACILITY IMPROVEMENTS AND ACQUISITIONS, FOR STATE
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0015|     PUBLIC EDUCATIONAL CAPITAL IMPROVEMENTS AND ACQUISITIONS, FOR
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0016|     ECOLOGICALLY SIGNIFICANT LAND ACQUISITION AND FOR CONSTRUCTION
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0017|     OF AN ARMORY NEAR TAOS; PROVIDING FOR A TAX LEVY FOR PAYMENT
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0018|     OF PRINCIPAL OF, INTEREST ON AND CERTAIN COSTS RELATED TO THE
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0019|     BONDS; REQUIRING APPROVAL OF THE REGISTERED VOTERS AT THE 1998
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0020|     GENERAL ELECTION OF THE STATE; DECLARING AN EMERGENCY.
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0021|     
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0022|     BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
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0023|          Section 1.  SHORT TITLE.--This act may be cited as the
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0024|     "1998 Capital Projects General Obligation Bond Act".
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0025|          Section 2.  PURPOSE.--For the purpose of providing funds
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<center>- 1 -</center>0001|     for capital expenditures as authorized in this act, general
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0002|     obligation indebtedness of the state is authorized for the
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0003|     purposes and in the amounts set forth in Section 10 of the
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0004|     1998 Capital Projects General Obligation Bond Act.
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0005|          Section 3.  BOND TERMS.--The state board of finance,
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0006|     except as limited by the 1998 Capital Projects General
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0007|     Obligation Bond Act, shall determine the terms, covenants and
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0008|     conditions of bonds issued pursuant to that act, including but
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0009|     not limited to:  date or dates of issue; denominations;
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0010|     maturities; principal amounts; rate or rates of interest;
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0011|     provisions for redemption, including premiums, registration
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0012|     and refundability; whether the bonds are issued in one or more
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0013|     series; and other covenants relating to the bonds and the
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0014|     issuance thereof.  The bonds shall be in such form as the
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0015|     state board of finance determines with an appropriate series
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0016|     designation and shall bear interest payable as set forth in
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0017|     the resolution of the state board of finance.  Payment of the
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0018|     principal of the bonds shall begin not more than two years
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0019|     after the date of their issuance, and the bonds shall mature
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0020|     not later than ten years after the date of their issuance. 
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0021|     Both principal and interest shall be payable in lawful money
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0022|     of the United States at the office of the paying agent within
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0023|     or without the state of New Mexico as the state board of
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0024|     finance may direct.  The bonds shall be executed with the
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0025|     manual or facsimile signature of the governor or the state
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<center>- 2 -</center>0001|     treasurer, and the seal or a facsimile of the seal of the
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0002|     state shall be placed on each bond, except for any series of
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0003|     bonds issued in book entry or similar form without the delivery
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0004|     of physical securities.  The bonds shall be issued in accordance
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0005|     with the provisions of the 1998 Capital Projects General
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0006|     Obligation Bond Act, the Supplemental Public Securities Act and
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0007|     the Uniform Facsimile Signature of Public Officials Act and may
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0008|     be issued in accordance with the Public Securities Short-Term
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0009|     Interest Rate Act.  The full faith and credit of the state of New
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0010|     Mexico are hereby pledged for the prompt payment at maturity of
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0011|     the principal of and interest on all bonds issued and sold
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0012|     pursuant to the 1998 Capital Projects General Obligation Bond
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0013|     Act.
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0014|          Section 4.  EXPENDITURES.--The proceeds from the sale of
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0015|     the bonds shall be expended solely for providing funds to be
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0016|     distributed for the purposes and in amounts not to exceed the
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0017|     amounts set forth in Section 10 of the 1998 Capital Projects
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0018|     General Obligation Bond Act and to pay expenses incurred under
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0019|     Section 6 of that act.  Any proceeds from the sale of the bonds
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0020|     that are not required for the purposes set forth in Sections 6
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0021|     and 10 of that act shall be used for the purpose of paying the
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0022|     principal of and interest on the bonds.
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0023|          Section 5.  SALE.--The bonds authorized under the 1998
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0024|     Capital Projects General Obligation Bond Act shall be sold by the
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0025|     state board of finance, at such time and in such manner and
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<center>- 3 -</center>0001|     amounts as the board may elect.  The bonds may be sold at private
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0002|     sale or at public sale at not less than par and accrued interest
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0003|     to the date of delivery.  If sold at public sale, the state board
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0004|     of finance shall publish a notice of the time and place of sale
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0005|     in a newspaper of general circulation in the state and may also
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0006|     publish the notice in a recognized financial journal outside the
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0007|     state.  The required publications shall be made once each week
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0008|     for two consecutive weeks prior to the date fixed for the sale,
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0009|     the last publication thereof to be at least five days prior to
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0010|     the date of the sale.  The notice shall specify the amount,
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0011|     denomination, maturity and description of the bonds to be offered
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0012|     for sale and the place, date and hour at which the sealed bids
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0013|     shall be received.  At the time and place specified in the
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0014|     notice, the state board of finance shall open the bids in public
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0015|     and shall award the bonds to the bidder or bidders offering the
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0016|     best price for the bonds.  The state board of finance may reject
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0017|     any or all bids and readvertise and may waive any irregularity in
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0018|     a bid.  All bids, except that of the state, shall be accompanied
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0019|     by a deposit of two percent of the bid price.  The deposit of an
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0020|     unsuccessful bidder shall be returned upon rejection of the bid. 
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0021|     The state board of finance may also sell the bonds or any part of
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0022|     the bonds to the state treasurer or state investment officer. 
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0023|     The state treasurer or state investment officer is authorized to
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0024|     purchase any of the bonds for investment.  The bonds are legal
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0025|     investments for any person or board charged with the investment
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<center>- 4 -</center>0001|     of any public funds and may be accepted as security for any
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0002|     deposit of public money.
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0003|          Section 6.  EXPENSES.--The expenses incurred by the state
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0004|     board of finance in or relating to the preparation and sale of
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0005|     the bonds shall be paid out of the proceeds from the sale of the
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0006|     bonds, and all rebate, penalty, interest and other obligations of
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0007|     the state relating to the bonds and bond proceeds under the
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0008|     Internal Revenue Code of 1986, as amended, shall be paid from
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0009|     earnings on bond proceeds or other money of the state, legally
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0010|     available therefor.
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0011|          Section 7.  TAX LEVY.--To provide for the payment of the
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0012|     principal of and interest on the bonds issued and sold pursuant
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0013|     to the provisions of the 1998 Capital Projects General Obligation
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0014|     Bond Act, there shall be and there is hereby imposed and levied
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0015|     during each year in which any of the bonds are outstanding an ad
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0016|     valorem tax on all property in the state subject to property
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0017|     taxation for state purposes sufficient to pay the interest as it
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0018|     becomes due on the bonds, together with an amount sufficient to
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0019|     provide a sinking fund to pay the principal of the bonds as it
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0020|     becomes due and, if permitted by law, ad valorem taxes may be
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0021|     collected to pay administrative costs incident to the collection
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0022|     of such taxes.  The taxes shall be imposed, levied, assessed and
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0023|     collected at the times and in the manner that other property
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0024|     taxes for state purposes are imposed, levied, assessed and
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0025|     collected.  It is the duty of all tax officials and authorities
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<center>- 5 -</center>0001|     to cause these taxes to be imposed, levied, assessed and
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0002|     collected.
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0003|          Section 8.  TREASURER--DUTIES.--The state treasurer shall
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0004|     keep separate accounts of all money collected pursuant to the
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0005|     taxes imposed and levied pursuant to the provisions of the 1998
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0006|     Capital Projects General Obligation Bond Act and shall use this
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0007|     money only for the purposes of paying the principal of and
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0008|     interest on the bonds as they become due and any expenses
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0009|     relating thereto.
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0010|          Section 9.  IRREPEALABLE CONTRACT--AUTHORITY FOR
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0011|     ISSUANCE.--Any owner of bonds issued pursuant to the provisions
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0012|     of the 1998 Capital Projects General Obligation Bond Act may,
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0013|     either at law or in equity, by suit, action or mandamus, enforce
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0014|     and compel the performance of the duties required by that act of
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0015|     any officer or entity mentioned in that act.  The provisions of
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0016|     the 1998 Capital Projects General Obligation Bond Act constitute
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0017|     an irrepealable contract with the owners of any of the bonds
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0018|     issued pursuant to that act for the faithful performance of which
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0019|     the full faith and credit of the state of New Mexico are hereby
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0020|     pledged.  Without reference to any other act of the legislature
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0021|     of the state, the 1998 Capital Projects General Obligation Bond
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0022|     Act is full authority for the issuance and sale of the bonds
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0023|     authorized in that act, and such bonds shall have all the
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0024|     qualities of investment securities under the Uniform Commercial
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0025|     Code of the state, shall not be invalid for any irregularity or
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<center>- 6 -</center>0001|     defect in the proceedings for the issuance and sale of the bonds
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0002|     and shall be incontestable in the hands of bona fide purchasers
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0003|     or holders thereof for value.  All bonds issued under the
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0004|     provisions of the 1998 Capital Projects General Obligation Bond
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0005|     Act, and the interest thereon, are exempt from taxation by the
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0006|     state and any subdivision or public body thereof.
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0007|          Section 10.  PROJECTS.--The proceeds from the sale of bonds
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0008|     issued under the provisions of the 1998 Capital Projects General
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0009|     Obligation Bond Act shall be distributed as follows for the
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0010|     purposes and in the amounts specified:
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0011|               A.  for senior citizen facility improvements and
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0012|     acquisitions, to the state agency on aging:
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0013|                    (1)  one hundred thousand dollars ($100,000) to
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0014|     purchase meals equipment for senior centers operated by the city
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0015|     of Albuquerque in Bernalillo county;
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0016|                    (2)  seven hundred fifty thousand dollars
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0017|     ($750,000) to purchase vehicles for the senior centers operated
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0018|     by the city of Albuquerque in Bernalillo county;
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0019|                    (3)  one hundred seventy-five thousand dollars
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0020|     ($175,000) to purchase vehicles for the senior centers operated
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0021|     by Bernalillo county;
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0022|                    (4)  fourteen thousand dollars ($14,000) to
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0023|     purchase meals equipment for the senior centers operated by
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0024|     Bernalillo county;
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0025|                    (5)  forty thousand dollars ($40,000) to
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<center>- 7 -</center>0001|     purchase a vehicle for the Isleta Pueblo senior center in
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0002|     Bernalillo county;
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0003|                    (6)  sixty-nine thousand dollars ($69,000) to
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0004|     purchase vehicles and related equipment for senior centers in
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0005|     Catron county;
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0006|                    (7)  sixty-five thousand dollars ($65,000) to
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0007|     purchase meals equipment for senior centers in Chaves county;  
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0008|                    (8)  one hundred thousand dollars ($100,000) to
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0009|     purchase vehicles for senior centers in Chaves county;
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0010|                    (9)  seventy-five thousand dollars ($75,000) for
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0011|     improvements to the Lake Arthur senior center in Chaves county;
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0012|                    (10)  twenty-seven thousand dollars ($27,000) to
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0013|     purchase a vehicle for the Acoma Pueblo senior center in Cibola
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0014|     county;
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0015|                    (11)  thirty-four thousand dollars ($34,000) to
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0016|     purchase meals equipment for the Acoma Pueblo senior center in
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0017|     Cibola county;
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0018|                    (12)  one hundred forty-six thousand dollars
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0019|     ($146,000) to purchase vehicles for the Grants senior citizens
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0020|     program in Cibola county;
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0021|                    (13)  sixty-five thousand dollars ($65,000) to
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0022|     expand the kitchen at the Grants senior center in Cibola county;
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0023|                    (14)  twenty-five thousand dollars ($25,000) for
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0024|     improvements to the Cimarron senior center in Colfax county;
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0025|                    (15)  twelve thousand six hundred dollars
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<center>- 8 -</center>0001|     ($12,600) to purchase meals equipment for senior centers in
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0002|     Colfax county;
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0003|                    (16)  fifty-six thousand dollars ($56,000) to
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0004|     purchase vehicles for the Raton senior center in Colfax county;
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0005|                    (17)  thirty-one thousand dollars ($31,000) to
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0006|     purchase meals equipment and other equipment for the Eagle Nest
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0007|     senior center in Colfax county;
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0008|                    (18)  fourteen thousand dollars ($14,000) to
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0009|     purchase a handicapped-accessible vehicle for the Eagle Nest
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0010|     senior center in Colfax county;
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0011|                    (19)  one thousand seven hundred dollars
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0012|     ($1,700) for meals equipment for the Grady senior center in Curry
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0013|     county;
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0014|                    (20)  fifteen thousand nine hundred dollars
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0015|     ($15,900) to purchase meals equipment for the Melrose senior
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0016|     center in Curry county;
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0017|                    (21)  sixteen thousand dollars ($16,000) to make
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0018|     improvements to the Melrose senior center in Curry county;
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0019|                    (22)  five thousand three hundred dollars
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0020|     ($5,300) to improve and equip the Fort Sumner senior center in De
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0021|     Baca county;
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0022|                    (23)  forty thousand dollars ($40,000) to
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0023|     purchase a handicapped-accessible van for Casa Arriba adult
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0024|     daycare in Dona Ana county;
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0025|                    (24)  thirty-eight thousand dollars ($38,000) to
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<center>- 9 -</center>0001|     purchase a van for the foster grandparent program in Dona Ana
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0002|     county;
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0003|                    (25)  fifty thousand dollars ($50,000) for
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0004|     improvements to the Las Cruces senior center in Dona Ana county;
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0005|                    (26)  twenty-one thousand nine hundred dollars
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0006|     ($21,900) to purchase meals equipment for senior centers in Las
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0007|     Cruces in Dona Ana county;
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0008|                    (27)  fifty-three thousand two hundred dollars
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0009|     ($53,200) to purchase meals equipment for Dona Ana county senior
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0010|     centers;
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0011|                    (28)  sixty-five thousand dollars ($65,000) to
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0012|     purchase vehicles for Dona Ana county senior centers;
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0013|                    (29)  fifteen thousand dollars ($15,000) to
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0014|     purchase equipment and furniture for the eastside community
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0015|     center in Dona Ana county;
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0016|                    (30)  ninety-three thousand dollars ($93,000) to
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0017|     purchase vehicles for the Carlsbad, Loving and Artesia senior
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0018|     centers in Eddy county;
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0019|                    (31)  ninety-six thousand dollars ($96,000) to
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0020|     purchase vehicles for various senior centers in Grant county;
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0021|                    (32)  twenty-seven thousand five hundred dollars
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0022|     ($27,500) to purchase meals equipment for various senior centers
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0023|     in Grant county;
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0024|                    (33)  fourteen thousand dollars ($14,000) to
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0025|     purchase meals equipment for La Loma and Puerto de Luna senior
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<center>- 10 -</center>0001|     centers in Guadalupe county; 
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0002|                    (34)  twenty-five thousand dollars ($25,000) for
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0003|     improvements to the Roy senior center in Harding county;
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0004|                    (35)  six thousand seven hundred dollars
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0005|     ($6,700) for equipment and improvements to the Eunice senior
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0006|     center in Lea county;
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0007|                    (36)  three thousand eight hundred dollars
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0008|     ($3,800) to purchase meals equipment for the Hobbs senior center
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0009|     in Lea county;    
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0010|                    (37)  four thousand one hundred dollars ($4,100)
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0011|     to purchase meals equipment for the Lovington senior center in
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0012|     Lea county;
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0013|                    (38)  nineteen thousand dollars ($19,000) to
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0014|     purchase a vehicle for the Lovington senior center in Lea county;
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0015|                    (39)  twenty-four thousand dollars ($24,000) to
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0016|     purchase meals and other equipment for senior centers in Lincoln
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0017|     county;
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0018|                    (40)  fifty-three thousand dollars ($53,000) to
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0019|     purchase vehicles in Lincoln county;
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0020|                    (41)  twelve thousand dollars ($12,000) for
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0021|     paving and other improvements to the Ruidoso Downs senior center
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0022|     in Lincoln county;
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0023|                    (42)  two thousand five hundred dollars ($2,500)
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0024|     to purchase meals equipment for senior centers in Los Alamos
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0025|     county;
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<center>- 11 -</center>0001|                    (43)  thirty-five thousand dollars ($35,000) to
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0002|     purchase a vehicle for the senior center in Los Alamos county;
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0003|                    (44)  thirty thousand five hundred dollars
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0004|     ($30,500) for improvements to the White Rock senior center in Los
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0005|     Alamos county;
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0006|                    (45)  twenty thousand dollars ($20,000) to
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0007|     purchase meals equipment for senior centers in Luna county;
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0008|                    (46)  nineteen thousand dollars ($19,000) to
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0009|     purchase a vehicle for the senior center in Luna county;
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0010|                    (47)  twenty-seven thousand five hundred dollars
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0011|     ($27,500) to purchase a vehicle for the senior volunteer program
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0012|     in McKinley county;
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0013|                    (48)  thirteen thousand dollars ($13,000) to
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0014|     purchase meals equipment for senior centers in McKinley county;
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0015|                    (49)  seventy-two thousand dollars ($72,000) to
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0016|     purchase vehicles for senior centers in McKinley county;
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0017|                    (50)  forty thousand dollars ($40,000) to make
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0018|     improvements to the Gallup northside senior center in McKinley
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0019|     county;
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0020|                    (51)  forty thousand dollars ($40,000) to
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0021|     purchase a vehicle for the Zuni Pueblo senior center in McKinley
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0022|     county;
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0023|                    (52)  fifty-eight thousand dollars ($58,000) to
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0024|     purchase handicapped-accessible vehicles for Mora and Wagon Mound
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0025|     senior centers in Mora county;
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<center>- 12 -</center>0001|                    (53)  seventy thousand dollars ($70,000) to make
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0002|     improvements to the Coyote Canyon chapter senior center in the
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0003|     Navajo Nation;
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0004|                    (54)  one hundred fifty thousand dollars
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0005|     ($150,000) to purchase meals equipment for senior centers in the
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0006|     Navajo Nation;
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0007|                    (55)  five hundred fifty thousand dollars
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0008|     ($550,000) to purchase vehicles for senior centers in the Navajo
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0009|     Nation;
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0010|                    (56)  forty thousand dollars ($40,000) to
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0011|     purchase a handicapped-accessible vehicle for the Alamogordo
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0012|     senior center in Otero county;
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0013|                    (57)  fifteen thousand dollars ($15,000) for
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0014|     parking and other improvements at the Cloudcroft senior center in
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0015|     Otero county;
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0016|                    (58)  four thousand eight hundred dollars
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0017|     ($4,800) to purchase meals equipment for the Cloudcroft senior
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0018|     center in Otero county;
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0019|                    (59)  eighty thousand dollars ($80,000) to
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0020|     purchase vehicles for the Tularosa senior center in Otero county;
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0021|                    (60)  thirty-seven thousand dollars ($37,000) to
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0022|     purchase a van for the House senior center in Quay county;
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0023|                    (61)  twenty-three thousand dollars ($23,000)
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0024|     for improvements and to purchase equipment for the Logan senior
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0025|     center in Quay county;
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<center>- 13 -</center>0001|                    (62)  eighteen thousand dollars ($18,000) for
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0002|     improvements to the Tucumcari senior center in Quay county;
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0003|                    (63)  one hundred forty thousand dollars
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0004|     ($140,000) to purchase vehicles for senior centers in Rio Arriba
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0005|     county;
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0006|                    (64)  twenty-six thousand dollars ($26,000) to
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0007|     purchase meals equipment for senior centers in Rio Arriba county;
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0008|                    (65)  three thousand dollars ($3,000) to
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0009|     purchase equipment and furniture for senior centers in Rio Arriba
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0010|     county;
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0011|                    (66)  nineteen thousand dollars ($19,000) to
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0012|     purchase a vehicle for the San Juan Pueblo senior center in Rio
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0013|     Arriba county;
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0014|                    (67)  three thousand dollars ($3,000) to
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0015|     purchase meals equipment for the Santa Clara Pueblo senior center
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0016|     in Rio Arriba county;
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0017|                    (68)  twenty-seven thousand dollars ($27,000) to
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0018|     purchase a vehicle for the Santa Clara Pueblo senior center in
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0019|     Rio Arriba county;
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0020|                    (69)  twenty thousand dollars ($20,000) for
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0021|     improvements to the Aztec senior center in San Juan county;
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0022|                    (70)  fourteen thousand dollars ($14,000) to
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0023|     purchase equipment for the Farmington senior center in San Juan
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0024|     county;
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0025|                    (71)  fifty-seven thousand dollars ($57,000) to
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<center>- 14 -</center>0001|     purchase vehicles for senior centers in San Juan county;
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0002|                    (72)  twenty-five thousand dollars ($25,000) for
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0003|     improvements to the Las Vegas senior center in San Miguel county;
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0004|                    (73)  one hundred seventy thousand dollars
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0005|     ($170,000) for the purchase of vehicles for Mora and San Miguel
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0006|     county senior centers;
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0007|                    (74)  thirty thousand dollars ($30,000) for
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0008|     improvements to the Pecos senior center in San Miguel county;
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0009|                    (75)  thirteen thousand dollars ($13,000) to
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0010|     purchase meals equipment for Mora and San Miguel county senior
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0011|     centers;
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0012|                    (76)  twelve thousand five hundred dollars
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0013|     ($12,500) to purchase meals equipment for the Zia, Santa Ana and
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0014|     Sandia Pueblos senior centers in Sandoval county;
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0015|                    (77)  nine thousand dollars ($9,000) to purchase
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0016|     meals equipment for the Jemez Pueblo senior center in Sandoval
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0017|     county; 
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0018|                    (78)  nineteen thousand dollars ($19,000) to
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0019|     purchase a vehicle for the Jemez Pueblo senior center in Sandoval
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0020|     county;
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0021|                    (79)  thirty-eight thousand three hundred
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0022|     dollars ($38,300) to purchase equipment and furniture for the Rio
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0023|     Rancho senior center in Sandoval county;
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0024|                    (80)  thirty-eight thousand dollars ($38,000) to
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0025|     purchase a handicapped-accessible vehicle for the Rio Rancho
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<center>- 15 -</center>0001|     senior center in Sandoval county;
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0002|                    (81)  twenty-eight thousand dollars ($28,000) to
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0003|     purchase meals equipment for senior centers in Sandoval county;
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0004|                    (82)  sixty-five thousand dollars ($65,000) to
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0005|     make improvements to the Cuba senior center in Sandoval county;
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0006|                    (83)  thirty-seven thousand dollars ($37,000) to
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0007|     purchase a vehicle for the Cuba senior center in Sandoval county;
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0008|                    (84)  seventy-five thousand dollars ($75,000)
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0009|     for improvements to the Pena Blanca senior center in Sandoval
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0010|     county;
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0011|                    (85)  seventy-five thousand dollars ($75,000) to
    |
0012|     complete construction of the Santo Domingo Pueblo senior center
    |
0013|     in Sandoval county;
    |
0014|                    (86)  twenty-nine thousand dollars ($29,000) to
    |
0015|     purchase a handicapped-accessible vehicle for the Santo Domingo
    |
0016|     Pueblo senior center in Sandoval county;
    |
0017|                    (87)  six thousand dollars ($6,000) to purchase
    |
0018|     meals equipment for the Nambe Pueblo senior center in Santa Fe
    |
0019|     county;
    |
0020|                    (88)  one thousand dollars ($1,000) to make
    |
0021|     improvements to the San Ildefonso Pueblo senior center in Santa
    |
0022|     Fe county; 
    |
0023|                    (89)  thirty thousand dollars ($30,000) for
    |
0024|     improvements to the Santa Fe MEG senior center in Santa Fe
    |
0025|     county;
    |
<center>- 16 -</center>0001|                    (90)  one hundred thousand dollars ($100,000) to
    |
0002|     purchase meals equipment for senior centers in Santa Fe county;
    |
0003|                    (91)  two hundred thousand dollars ($200,000) to
    |
0004|     purchase vehicles for senior centers in Santa Fe county;
    |
0005|                    (92)  nineteen thousand dollars ($19,000) to
    |
0006|     purchase a vehicle for the Nambe Pueblo senior center in Santa Fe
    |
0007|     county;
    |
0008|                    (93)  fourteen thousand dollars ($14,000) to
    |
0009|     purchase meals equipment for the Tesuque Pueblo senior center in
    |
0010|     Santa Fe county;
    |
0011|                    (94)  forty-five thousand dollars ($45,000) to
    |
0012|     purchase a vehicle for the Truth or Consequences senior center in
    |
0013|     Sierra county;
    |
0014|                    (95)  five thousand nine hundred dollars
    |
0015|     ($5,900) for improvements to the Truth or Consequences senior
    |
0016|     center in Sierra county;
    |
0017|                    (96)  ninety-seven thousand dollars ($97,000) to
    |
0018|     purchase vehicles for senior centers in Taos county;
    |
0019|                    (97)  seventeen thousand dollars ($17,000) to
    |
0020|     purchase meals equipment for senior centers in Taos county;
    |
0021|                    (98)  nineteen thousand dollars ($19,000) to
    |
0022|     purchase a vehicle for the Picuris Pueblo senior center in Taos
    |
0023|     county;
    |
0024|                    (99)  four thousand five hundred dollars
    |
0025|     ($4,500) to make improvements to the Taos Pueblo senior center in
    |
<center>- 17 -</center>0001|     Taos county;
    |
0002|                    (100)  twenty-seven thousand dollars ($27,000)
    |
0003|     to purchase a vehicle for the Taos Pueblo senior center in Taos
    |
0004|     county;
    |
0005|                    (101)  one hundred forty thousand dollars
    |
0006|     ($140,000) to purchase vehicles for senior centers in Torrance
    |
0007|     county;
    |
0008|                    (102)  twenty-five thousand dollars ($25,000)
    |
0009|     for improvements to the Clayton senior center in Union county;
    |
0010|                    (103)  twelve thousand nine hundred dollars
    |
0011|     ($12,900) to purchase meals equipment for the Clayton senior
    |
0012|     center in Union county;
    |
0013|                    (104)  two hundred twenty thousand dollars
    |
0014|     ($220,000) to purchase vehicles for senior centers in Valencia
    |
0015|     county;
    |
0016|                    (105)  two hundred thousand dollars ($200,000)
    |
0017|     for improvements to the San Jose senior center in Carlsbad in
    |
0018|     Eddy county;
    |
0019|                    (106)  forty thousand dollars ($40,000) to
    |
0020|     purchase a vehicle for the Tatum senior center in Lea county;    
    |
0021|                    (107)  forty thousand dollars ($40,000) to
    |
0022|     purchase a vehicle for the program for all-inclusive care of the
    |
0023|     elderly in Bernalillo county; and
    |
0024|                    (108)  two hundred thousand dollars ($200,000)
    |
0025|     to expand and improve the Rio Bravo senior center in Bernalillo
    |
<center>- 18 -</center>0001|     county;
    |
0002|               B.  for state public educational capital improvements
    |
0003|     and acquisitions:
    |
0004|                    (1)  to the commission on higher education:
    |
0005|                         (a)  fifteen million dollars ($15,000,000)
    |
0006|     for distribution to post-secondary and other state educational
    |
0007|     institutions for making infrastructure improvements and
    |
0008|     expansions at institutions throughout the state; and
    |
0009|                         (b)  one million dollars ($1,000,000) for
    |
0010|     distribution to post-secondary and other state educational
    |
0011|     institutions for making necessary improvements to facilities to
    |
0012|     address the requirements of the Americans with Disabilities Act
    |
0013|     of 1990 at institutions throughout the state;
    |
0014|                    (2)  to the community college board of Santa Fe
    |
0015|     community college, two million dollars ($2,000,000) to design,
    |
0016|     construct and equip phase three of the instructional technology
    |
0017|     facility in Santa Fe county;
    |
0018|                    (3)  to the governing board of Albuquerque
    |
0019|     technical-vocational institute:
    |
0020|                         (a)  one million five hundred thousand
    |
0021|     dollars ($1,500,000) to complete renovations to the south valley
    |
0022|     campus in Bernalillo county; and
    |
0023|                         (b)  one million five hundred thousand
    |
0024|     dollars ($1,500,000) for renovation and the necessary
    |
0025|     improvements for the development of a work force training center
    |
<center>- 19 -</center>0001|     in Albuquerque in Bernalillo county;
    |
0002|                    (4)  to the board of regents of New Mexico
    |
0003|     institute of mining and technology:
    |
0004|                         (a)  three million five hundred thousand
    |
0005|     dollars ($3,500,000) to design, construct and equip renovations
    |
0006|     to Cramer and Weir halls on the main campus of New Mexico
    |
0007|     institute of mining and technology in Socorro county; and
    |
0008|                         (b)  two million five hundred thousand
    |
0009|     dollars ($2,500,000) to design, construct and equip an addition
    |
0010|     and make renovations to Jones hall on the main campus in Socorro
    |
0011|     in Socorro county;
    |
0012|                    (5)  to the board of regents of New Mexico state
    |
0013|     university:
    |
0014|                         (a)  fifty thousand dollars ($50,000) for
    |
0015|     preliminary planning and feasibility studies for a Grants college
    |
0016|     and community library facility at the Grants branch of New Mexico
    |
0017|     state university in Cibola county; 
    |
0018|                         (b)  one million five hundred thousand
    |
0019|     dollars ($1,500,000) to design, construct and equip renovations
    |
0020|     to Goddard hall on the main campus of New Mexico state university
    |
0021|     in Las Cruces in Dona Ana county;
    |
0022|                         (c)  two million two hundred thousand
    |
0023|     dollars ($2,200,000) to design, construct and equip the health
    |
0024|     and public services building at the New Mexico state university
    |
0025|     Dona Ana branch in Dona Ana county; and
    |
<center>- 20 -</center>0001|                         (d)  two million dollars ($2,000,000) to
    |
0002|     design, construct and complete phase two of the multipurpose
    |
0003|     building at the New Mexico state university Alamogordo branch in
    |
0004|     Otero county;
    |
0005|                    (6)  to the board of regents of the university
    |
0006|     of New Mexico:
    |
0007|                         (a)  one million two hundred seventy-five
    |
0008|     thousand dollars ($1,275,000) to design, construct and equip an
    |
0009|     instructional laboratory and an expansion to the learning
    |
0010|     resource center at the university of New Mexico Gallup branch in
    |
0011|     McKinley county;
    |
0012|                         (b)  five hundred fifty thousand dollars
    |
0013|     ($550,000) to design, construct and equip an addition to the
    |
0014|     student services building located on the campus of the university
    |
0015|     of New Mexico Los Alamos branch in Los Alamos county;
    |
0016|                         (c)  nine hundred thousand dollars
    |
0017|     ($900,000) to complete the installation of equipment at the
    |
0018|     manufacturing training and technology center clean room located
    |
0019|     at the university of New Mexico research park in Bernalillo
    |
0020|     county;
    |
0021|                         (d)  two million dollars ($2,000,000) to
    |
0022|     purchase and install hospital patient care equipment at the
    |
0023|     university of New Mexico health services center in Bernalillo
    |
0024|     county;
    |
0025|                         (e)  one million dollars ($1,000,000) to
    |
<center>- 21 -</center>0001|     purchase and install cancer patient care equipment at the
    |
0002|     university of New Mexico health services center in Bernalillo
    |
0003|     county; and 
    |
0004|                         (f)  four million five hundred thousand
    |
0005|     dollars ($4,500,000) to design and construct instructional
    |
0006|     facility upgrades on the main campus of the university of New
    |
0007|     Mexico in Albuquerque in Bernalillo county;
    |
0008|                    (7)  to the property control division of the
    |
0009|     general services department, six hundred twelve thousand dollars
    |
0010|     ($612,000) for renovations to the state of New Mexico Tri-
    |
0011|     Services building on the university of New Mexico campus in
    |
0012|     Albuquerque in Bernalillo county;
    |
0013|                    (8)  to the board of regents of eastern New
    |
0014|     Mexico university:
    |
0015|                         (a)  two million five hundred thousand
    |
0016|     dollars ($2,500,000) to design, construct and equip renovations
    |
0017|     to Lea hall on the main campus of eastern New Mexico university
    |
0018|     in Roosevelt county; and
    |
0019|                         (b)  one million six hundred thousand
    |
0020|     dollars ($1,600,000) to design, construct and equip the
    |
0021|     instructional center renovation and addition at the Roswell
    |
0022|     branch of eastern New Mexico university in Chaves county;
    |
0023|                    (9)  to the board of regents of western New
    |
0024|     Mexico university:
    |
0025|                         (a)  two million five hundred thousand
    |
<center>- 22 -</center>0001|     dollars ($2,500,000) to design, construct and equip a center for
    |
0002|     information technology on the main campus of western New Mexico
    |
0003|     university in Grant county; and
    |
0004|                         (b)  six hundred thousand dollars
    |
0005|     ($600,000) to design, construct and equip the renovations to the
    |
0006|     university auditorium located on the main campus of western New
    |
0007|     Mexico university in Grant county;
    |
0008|                    (10)  to the board of regents of New Mexico
    |
0009|     highlands university, three million two hundred thousand dollars
    |
0010|     ($3,200,000) to design, construct and equip renovations and an
    |
0011|     addition to the Douglas school on the main campus of New Mexico
    |
0012|     highlands university in Las Vegas in San Miguel county;
    |
0013|                    (11)  to the governing board of Luna vocational-
    |
0014|     technical institute, two million dollars ($2,000,000) to complete
    |
0015|     and equip phase three of the instructional programs center at the
    |
0016|     Luna vocational-technical institute in San Miguel county;
    |
0017|                    (12)  to the governing board of San Juan
    |
0018|     college:
    |
0019|                         (a)  three hundred twenty-five thousand
    |
0020|     dollars ($325,000) to design, construct or equip an addition to
    |
0021|     the early childhood development center at the main campus of San
    |
0022|     Juan college in San Juan county; and
    |
0023|                         (b)  five hundred thousand dollars
    |
0024|     ($500,000) to design and construct the health and human
    |
0025|     performance center on the main campus of San Juan college in San
    |
<center>- 23 -</center>0001|     Juan county;
    |
0002|                    (13)  to the board of regents of the New Mexico
    |
0003|     school for the deaf, seven hundred fifty thousand dollars
    |
0004|     ($750,000) to design, construct and complete renovations to
    |
0005|     buildings on the main campus of the New Mexico school for the
    |
0006|     deaf in Santa Fe county; 
    |
0007|                    (14)  to the board of regents of the New Mexico
    |
0008|     military institute, one million nine hundred thousand dollars
    |
0009|     ($1,900,000) to design and construct renovations to Wilson hall
    |
0010|     on the main campus of the New Mexico military institute in Chaves
    |
0011|     county;
    |
0012|                    (15)  to the board of regents of northern New
    |
0013|     Mexico state school, four hundred twenty thousand dollars
    |
0014|     ($420,000) for renovations, major repairs, construction,
    |
0015|     equipping or furnishing classrooms in Espanola in Rio Arriba
    |
0016|     county;
    |
0017|                    (16)  to the educational television equipment
    |
0018|     replacement fund, one million two hundred thousand dollars
    |
0019|     ($1,200,000) for the purpose of purchasing and providing
    |
0020|     improvements to broadcasting equipment; and
    |
0021|                    (17)  to the public school capital outlay fund,
    |
0022|     ten million dollars ($10,000,000) for allocation to public
    |
0023|     schools for critical capital outlay projects pursuant to the
    |
0024|     Public School Capital Outlay Act;
    |
0025|               C.  for ecologically significant land acquisition, to
    |
<center>- 24 -</center>0001|     the energy, minerals and natural resources department, six
    |
0002|     hundred thousand dollars ($600,000) for the purpose of acquiring
    |
0003|     unique and ecologically significant lands that afford habitat for
    |
0004|     rare, threatened or endangered species, as provided in the
    |
0005|     Natural Lands Protection Act; and
    |
0006|               D.  for the Taos armory construction, to the state
    |
0007|     armory board, one million dollars ($1,000,000) to plan, design,
    |
0008|     construct and equip an armory near Taos in Taos county.
    |
0009|          Section 11.  ELECTION.--Bonds issued pursuant to the 1998
    |
0010|     Capital Projects General Obligation Bond Act shall be submitted
    |
0011|     to the registered voters of the state at the general election to
    |
0012|     be held in November 1998, and if they receive a majority of all
    |
0013|     the votes cast thereon at such election, shall take effect upon
    |
0014|     certification of the state canvassing board announcing the
    |
0015|     results of such election.  No bonds shall be issued or sold under
    |
0016|     the 1998 Capital Projects General Obligation Bond Act until the
    |
0017|     registered voters of this state have voted upon and approved the
    |
0018|     bonds and property tax as provided in this section.  Any bonds
    |
0019|     issued under that act shall be issued within twenty-six months
    |
0020|     from the date of such election.
    |
0021|          The ballots used at the 1998 general election shall contain
    |
0022|     substantially the following language:
    |
0023|               A.  "The 1998 Capital Projects General Obligation Bond
    |
0024|     Act authorizes the issuance and sale of senior citizen facility
    |
0025|     improvement and equipment bonds.  Shall the state of New Mexico
    |
<center>- 25 -</center>0001|     be authorized to issue general obligation bonds in an amount not
    |
0002|     to exceed six million three hundred twenty thousand dollars
    |
0003|     ($6,320,000) to make capital expenditures for certain senior
    |
0004|     citizen facility improvements and equipment projects and provide
    |
0005|     for a general property tax imposition and levy for the payment of
    |
0006|     principal of, interest on and expenses incurred in connection
    |
0007|     with the issuance of the bonds and the collection of the tax as
    |
0008|     permitted by law?
    |
0009|           For________________   Against___________________";
    |
0010|               B.  "The 1998 Capital Projects General Obligation Bond
    |
0011|     Act authorizes the issuance and sale of public educational
    |
0012|     capital improvements and acquisitions bonds.  Shall the state of
    |
0013|     New Mexico be authorized to issue general obligation bonds in an
    |
0014|     amount not to exceed seventy-one million one hundred seventy
    |
0015|     thousand dollars ($71,170,000) to make capital expenditures for
    |
0016|     certain public educational capital improvements and acquisitions
    |
0017|     and provide for a general property tax imposition and levy for
    |
0018|     the payment of principal of, interest on and expenses incurred in
    |
0019|     connection with the issuance of the bonds and the collection of
    |
0020|     the tax as permitted by law?     
    |
0021|           For________________   Against___________________";
    |
0022|               C.  "The 1998 Capital Projects General Obligation Bond
    |
0023|     Act authorizes the issuance and sale of land acquisition bonds. 
    |
0024|     Shall the state of New Mexico be authorized to issue general
    |
0025|     obligation bonds in an amount not to exceed six hundred twenty
    |
<center>- 26 -</center>0001|     thousand dollars ($620,000) to make capital expenditures for
    |
0002|     acquisition of unique and ecologically significant lands
    |
0003|     affording habitat for rare, threatened or endangered species, and
    |
0004|     providing for a general property tax imposition and levy for the
    |
0005|     payment of principal of, interest on and expenses incurred in
    |
0006|     connection with the issuance of the bonds and the collection of
    |
0007|     the tax as permitted by law?     
    |
0008|         For________________   Against___________________"; and
    |
0009|               D.  "The 1998 Capital Projects General Obligation Bond
    |
0010|     Act authorizes the issuance and sale of Taos armory bonds.  Shall
    |
0011|     the state of New Mexico be authorized to issue general obligation
    |
0012|     bonds in an amount not to exceed one million thirty thousand
    |
0013|     dollars ($1,030,000) to make capital expenditures for the
    |
0014|     construction of an armory near Taos and provide for a general
    |
0015|     property tax imposition and levy for the payment of principal of,
    |
0016|     interest on and expenses incurred in connection with the issuance
    |
0017|     of the bonds and the collection of the tax as permitted by law?
    |
0018|         For________________ and   Against___________________".
    |
0019|          Each question set forth in this section includes a specific
    |
0020|     work or object to be financed by the bonds.  If any such question
    |
0021|     is not approved by a majority vote of the electorate at the
    |
0022|     state's 1998 general election, the issuance of bonds for the work
    |
0023|     or object specified by the question shall be excluded from and
    |
0024|     shall not be part of the 1998 Capital Projects General Obligation
    |
0025|     Bond Act.  The failure of any question to be approved by the
    |
<center>- 27 -</center>0001|     electorate at the 1998 general election shall not have any effect
    |
0002|     on the work or object specified or the provisions of the 1998
    |
0003|     Capital Projects General Obligation Bond Act relating to
    |
0004|     questions approved at the election.
    |
0005|          The secretary of state shall include the submission of the
    |
0006|     capital projects general obligation bonds to the people at the
    |
0007|     1998 general election, and it shall be included in the general
    |
0008|     election proclamation of each of the county clerks.  The
    |
0009|     secretary of state shall cause the 1998 Capital Projects General
    |
0010|     Obligation Bond Act to be published in full in at least one
    |
0011|     newspaper in each county of the state if one be published
    |
0012|     therein, once each week, for four successive weeks next preceding
    |
0013|     the general election as required by the constitution of New
    |
0014|     Mexico.
    |
0015|          Section 12.  PROJECT SCOPE--EXPENDITURES.--If an
    |
0016|     appropriation for a project authorized in the 1998 Capital
    |
0017|     Projects General Obligation Bond Act is not sufficient to
    |
0018|     complete all the purposes specified, the appropriation may be
    |
0019|     expended for any portion of the purposes specified in the
    |
0020|     appropriation.  Expenditures shall not be made for purposes other
    |
0021|     than those specified in the appropriation.
    |
0022|          Section 13.  ART IN PUBLIC PLACES.--Pursuant to Section
    |
0023|     13-4A-4 NMSA 1978 and where applicable, the appropriations
    |
0024|     authorized in the 1998 Capital Projects General Obligation Bond
    |
0025|     Act include one percent for the art in public places fund.
    |
<center>- 28 -</center>0001|          Section 14.  SEVERABILITY.--If any part or application of
    |
0002|     the 1998 Capital Projects General Obligation Bond Act is held
    |
0003|     invalid, the remainder or its application to other situations or
    |
0004|     persons shall not be affected.
    |
0005|          Section 15.  EMERGENCY.--It is necessary for the public
    |
0006|     peace, health and safety that this act take effect immediately.
    |
0007|                               
    |