0001|                            HOUSE BILL 227
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0002|     43RD LEGISLATURE - STATE OF NEW MEXICO - SECOND SESSION, 1998
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0003|                            INTRODUCED BY
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0004|                              RON GENTRY
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0005|     
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0006|                                   
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0007|     
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0008|       FOR THE NEW MEXICO FINANCE AUTHORITY OVERSIGHT COMMITTEE
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0009|     
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0010|                                AN ACT
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0011|     RELATING TO CAPITAL PROJECTS; REVOKING LEGISLATIVE
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0012|     AUTHORIZATION TO THE NEW MEXICO FINANCE AUTHORITY TO MAKE
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0013|     LOANS FROM THE PUBLIC PROJECT REVOLVING FUND FOR CERTAIN
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0014|     PUBLIC PROJECTS; DECLARING AN EMERGENCY.
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0015|     
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0016|     BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
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0017|          Section 1.  PUBLIC PROJECT REVOLVING FUND LOAN--
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0018|     REVOCATION OF LEGISLATIVE AUTHORIZATION.--The legislative
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0019|     authorization granted to the New Mexico finance authority,
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0020|     pursuant to the provisions of Section 6-21-6 NMSA 1978, to
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0021|     make loans from the public project revolving fund is revoked
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0022|     with respect to the following qualified entities for the
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0023|     specified public projects:
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0024|               A.  McKinley county for a public building project
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0025|     as specified in Subsection D of Section 1 of Chapter 187 of 
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<center>- 1 -</center>

0001|     Laws 1995;
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0002|               B.  the city of Rio Rancho for a public safety
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0003|     building project as specified in Subsection Q of Section 1 of
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0004|     Chapter 187 of Laws 1995;
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0005|               C.  the city of Las Cruces for a building project
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0006|     as specified in Subsection W of Section 1 of Chapter 187 of
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0007|     Laws 1995;
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0008|               D.  the village of Capitan for a water project as
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0009|     specified in Subsection X of Section 1 of Chapter 187 of Laws
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0010|     1995;
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0011|               E.  Santa Fe county for a recreational facility
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0012|     project, a detention facility project and a solid waste
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0013|     project as specified in Subsection B of Section 1 of Chapter 8
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0014|     of Laws 1996 (S.S.);
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0015|               F.  McKinley county for a public health clinic
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0016|     project as specified in Subsection G of Section 1 of Chapter 8
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0017|     of Laws 1996 (S.S.);
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0018|               G.  Valencia county for a solid waste project as
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0019|     specified in Subsection J of Section 1 of Chapter 8 of Laws
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0020|     1996 (S.S.);
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0021|               H.  the village of Columbus for a solid waste
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0022|     project as specified in Subsection M of Section 1 of Chapter 8
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0023|     of Laws 1996 (S.S.);
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0024|               I.  the city of Raton for a solid waste project as
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0025|     specified in Subsection P of Section 1 of Chapter 8 of Laws
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<center>- 2 -</center>

0001|     1996 (S.S.);
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0002|               J.  the town of Hagerman to purchase water rights
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0003|     as specified in Subsection Z of Section 1 of Chapter 8 of Laws
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0004|     1996 (S.S.);
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0005|               K.  New Mexico state university for a center for
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0006|     sustainable development of arid lands as specified in
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0007|     Subsection BB of Section 1 of Chapter 8 of Laws 1996 (S.S.);
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0008|               L.  the city of Rio Rancho for a youth complex as
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0009|     specified in Subsection CC of Section 1 of Chapter 8 of Laws
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0010|     1996 (S.S.); and
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0011|               M.  the city of Rio Rancho for a wastewater project
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0012|     as specified in Subsection H of Section 1 of Chapter 166 of
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0013|     Laws 1997.
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0014|          Section 2.  EMERGENCY.--It is necessary for the public
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0015|     peace, health and safety that this act take effect
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0016|     immediately.
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0017|                              
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