AN ACT

AUTHORIZING THE ISSUANCE AND SALE OF CAPITAL PROJECTS GENERAL OBLIGATION BONDS TO MAKE CAPITAL EXPENDITURES FOR SENIOR CITIZEN FACILITY IMPROVEMENTS AND ACQUISITIONS, FOR PUBLIC EDUCATIONAL CAPITAL IMPROVEMENTS AND ACQUISITIONS AND FOR OTHER STATE CAPITAL EXPENDITURES; PROVIDING FOR A TAX LEVY FOR PAYMENT OF PRINCIPAL OF, INTEREST ON AND CERTAIN COSTS RELATED TO THE BONDS; REQUIRING APPROVAL OF THE REGISTERED VOTERS AT THE 2000 GENERAL ELECTION OF THE STATE; DECLARING AN EMERGENCY.

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

Section 1. SHORT TITLE.--This act may be cited as the "2000 Capital Projects General Obligation Bond Act".

Section 2. PURPOSE.--For the purpose of providing funds for capital expenditures as authorized in the 2000 Capital Projects General Obligation Bond Act, general obligation indebtedness of the state is authorized for the purposes and in the amounts set forth in Section 10 of that act.

Section 3. BOND TERMS.--

A. The state board of finance, except as limited by the 2000 Capital Projects General Obligation Bond Act, shall determine the terms, covenants and conditions of bonds issued pursuant to that act, including but not limited to:

(1) date or dates of issue, denominations and maturities;

(2) principal amounts;

(3) rate or rates of interest; and

(4) provisions for redemption, including premiums, registration and refundability, whether the bonds are issued in one or more series and other covenants relating to the bonds and the issuance thereof.

B. The bonds shall be in such form as the state board of finance determines with an appropriate series designation and shall bear interest payable as set forth in the resolution of the state board of finance.

C. Payment of the principal of the bonds shall begin not more than two years after the date of their issuance, and the bonds shall mature not later than ten years after the date of their issuance. Both principal and interest shall be payable in lawful money of the United States at the office of the paying agent within or without the state as the state board of finance may direct.

D. The bonds shall be executed with the manual or facsimile signature of the governor or the state treasurer, and the seal or a facsimile of the seal of the state shall be placed on each bond, except for any series of bonds issued in book entry or similar form without the delivery of physical securities.

E. The bonds shall be issued in accordance with the provisions of the 2000 Capital Projects General Obligation Bond Act, the Supplemental Public Securities Act and the Uniform Facsimile Signature of Public Officials Act and may be issued in accordance with the Public Securities Short-Term Interest Rate Act.

F. The full faith and credit of the state is pledged for the prompt payment when due of the principal of and interest on all bonds issued and sold pursuant to the 2000 Capital Projects General Obligation Bond Act.

Section 4. EXPENDITURES.--The proceeds from the sale of the bonds shall be expended solely for providing money to be distributed for the purposes and in amounts not to exceed the amounts set forth in Section 10 of the 2000 Capital Projects General Obligation Bond Act and to pay expenses incurred under Section 6 of that act. Any proceeds from the sale of the bonds that are not required for the purposes set forth in Sections 6 and 10 of that act shall be used for the purpose of paying the principal of and interest on the bonds.

Section 5. SALE.--The bonds authorized under the 2000 Capital Projects General Obligation Bond Act shall be sold by the state board of finance at such time and in such manner and amounts as the board may elect. The bonds may be sold at private sale or at public sale, in either case at not less than par plus accrued interest to the date of delivery. If sold at public sale, the state board of finance shall publish a notice of the time and place of sale in a newspaper of general circulation in the state and may also publish the notice in a recognized financial journal outside the state. The required publications shall be made once each week for two consecutive weeks prior to the date fixed for the sale, the last publication thereof to be at least five days prior to the date of the sale. The notice shall specify the amount, denomination, maturity and description of the bonds to be offered for sale and the place, date and hour at which the sealed bids shall be received. At the time and place specified in the notice, the state board of finance shall open the bids in public and shall award the bonds to the bidder or bidders offering the best price for the bonds. The state board of finance may reject any or all bids and readvertise and may waive any irregularity in a bid. All bids, except that of the state, shall be accompanied by a deposit of two percent of the principal amount of the bonds in a form acceptable to the state board of finance. The deposit of an unsuccessful bidder shall be returned upon rejection of the bid. The state board of finance may also sell the bonds or any part of the bonds to the state treasurer or state investment officer. The state treasurer or state investment officer is authorized to purchase any of the bonds for investment. The bonds are legal investments for any person or board charged with the investment of any public funds and may be accepted as security for any deposit of public money.

Section 6. EXPENSES.--The expenses incurred by the state board of finance in or relating to the preparation and sale of the bonds shall be paid out of the proceeds from the sale of the bonds, and all rebate, penalty, interest and other obligations of the state relating to the bonds and bond proceeds under the Internal Revenue Code of 1986, as amended, shall be paid from earnings on bond proceeds or other money of the state, legally available for such payments.

Section 7. TAX LEVY.--To provide for the payment of the principal of and interest on the bonds issued and sold pursuant to the provisions of the 2000 Capital Projects General Obligation Bond Act, there shall be and there is hereby imposed and levied during each year in which any of the bonds are outstanding an ad valorem tax on all property in the state subject to property taxation for state purposes sufficient to pay the interest as it becomes due on the bonds, together with an amount sufficient to provide a sinking fund to pay the principal of the bonds as it becomes due and, if permitted by law, ad valorem taxes may be collected to pay administrative costs incident to the collection of such taxes. The taxes shall be imposed, levied, assessed and collected at the times and in the manner that other property taxes for state purposes are imposed, levied, assessed and collected. It is the duty of all tax officials and authorities to cause these taxes to be imposed, levied, assessed and collected.

Section 8. TREASURER--DUTIES.--The state treasurer shall keep separate accounts of all money collected pursuant to the taxes imposed and levied pursuant to the provisions of the 2000 Capital Projects General Obligation Bond Act and shall use this money only for the purposes of paying the principal of and interest on the bonds as they become due and any expenses relating thereto.

Section 9. IRREPEALABLE CONTRACT--AUTHORITY FOR ISSUANCE.--An owner of bonds issued pursuant to the provisions of the 2000 Capital Projects General Obligation Bond Act may, either at law or in equity, by suit, action or mandamus, enforce and compel the performance of the duties required by that act of any officer or entity mentioned in that act. The provisions of that act constitute an irrepealable contract with the owners of any of the bonds issued pursuant to that act for the faithful performance of which the full faith and credit of the state is pledged. Without reference to any other act of the legislature of the state, the 2000 Capital Projects General Obligation Bond Act is full authority for the issuance and sale of the bonds authorized in that act, and such bonds shall have all the qualities of investment securities under the Uniform Commercial Code of the state, shall not be invalid for any irregularity or defect in the proceedings for the issuance and sale of the bonds and shall be incontestable in the hands of bona fide purchasers or holders thereof for value. All bonds issued under the provisions of that act, and the interest thereon, are exempt from taxation by the state and any subdivision or public body thereof.

Section 10. PROJECTS.--The proceeds from the sale of bonds issued under the provisions of the 2000 Capital Projects General Obligation Bond Act shall be distributed as follows for the purposes and in the amounts specified:

A. for senior citizen facility improvements and acquisitions, to the state agency on aging:

(1) twelve thousand three hundred fifty dollars ($12,350) to purchase equipment and furniture for senior centers operated by Bernalillo county;

(2) one hundred thousand dollars ($100,000) to purchase vehicles for senior programs operated by the city of Albuquerque in Bernalillo county;

(3) five thousand dollars ($5,000) to purchase radios for vehicles operated by the city of Albuquerque in Bernalillo county;

(4) four hundred forty thousand dollars ($440,000) to design, construct or equip the Palo Duro senior fitness center in Bernalillo county;

(5) one hundred fifty thousand dollars ($150,000) to complete the construction, furnishing and equipping of the Chilili Escabosa senior center in Bernalillo county;

(6) one hundred fifty thousand dollars ($150,000) to improve the Joy senior center in Roswell in Chaves county;

(7) forty thousand dollars ($40,000) to purchase vehicles for the senior program in Chaves county;

(8) eighty thousand dollars ($80,000) to make improvements to the Grants senior center in Cibola county;

(9) sixty thousand dollars ($60,000) to purchase vehicles for the senior center operated by the city of Grants in Cibola county;

(10) ten thousand dollars ($10,000) to purchase meals equipment for the pueblo of Laguna senior centers in Cibola county;

(11) forty-five thousand dollars ($45,000) to purchase a handicap-accessible vehicle for the pueblo of Acoma senior center in Cibola county;

(12) eight thousand two hundred forty dollars ($8,240) to purchase equipment and furniture for the senior centers operated by the city of Grants in Cibola county;

(13) one hundred thousand dollars ($100,000) to make improvements to the pueblo of Acoma senior center in Cibola county;

(14) ten thousand dollars ($10,000) to purchase recreation equipment for the Eagle Nest senior center operated by the village of Eagle Nest in Colfax county;

(15) one thousand dollars ($1,000) to purchase access steps for vehicles for senior centers operated in Colfax county;

(16) forty-five thousand dollars ($45,000) to purchase vehicles for the senior centers in Colfax county;

(17) thirty thousand dollars ($30,000) to purchase a vehicle for the senior center operated by the senior volunteer program in Colfax county;

(18) twenty-one thousand three hundred fifty dollars ($21,350) to purchase meals equipment for the Clovis meal site in Curry county;

(19) forty-eight thousand dollars ($48,000) to purchase a vehicle for the senior centers operated by the city of Clovis in Curry county;

(20) ninety thousand dollars ($90,000) to purchase vehicles for the La Casa senior centers in Curry and Roosevelt counties;

(21) one hundred thousand dollars ($100,000) to purchase vehicles for senior centers operated in Dona Ana county;

(22) twenty-eight thousand five hundred dollars ($28,500) to purchase meals equipment for the senior centers operated by the city of Las Cruces in Dona Ana county;

(23) one hundred five thousand four hundred dollars ($105,400) to purchase meals equipment for the senior centers operated in Dona Ana county;

(24) ten thousand dollars ($10,000) to purchase recreation equipment for senior centers operated by the city of Las Cruces in Dona Ana county;

(25) forty-five thousand dollars ($45,000) to equip the kitchen at the San Jose senior center in Carlsbad in Eddy county;

(26) forty-five thousand dollars ($45,000) to plan, design and construct a meeting room and to make improvements to the grounds at the Loving senior center in Eddy county;

(27) forty-five thousand dollars ($45,000) to purchase vehicles for the senior centers and volunteer programs operated in Eddy county;

(28) fifteen thousand seven hundred dollars ($15,700) to purchase meals equipment for the senior centers operated in Eddy county;

(29) thirty-five thousand dollars ($35,000) to purchase vehicles for the senior centers operated by the city of Artesia in Eddy county;

(30) forty-five thousand dollars ($45,000) to purchase vehicles for the senior centers operated in Grant county;

(31) twenty thousand nine hundred sixty-five thousand dollars ($20,965) to purchase meals equipment for the senior centers operated in Grant county;

(32) one thousand three hundred dollars ($1,300) to purchase meals equipment for the senior center operated in Lordsburg in Hidalgo county;

(33) thirty-seven thousand dollars ($37,000) to purchase a vehicle for the senior center operated in Lordsburg in Hidalgo county;

(34) ten thousand dollars ($10,000) to purchase meals equipment for the Eunice senior center in Lea county;

(35) forty-five thousand dollars ($45,000) to purchase a vehicle for the senior center operated by the city of Eunice in Lea county;

(36) forty-five thousand dollars ($45,000) to purchase a vehicle for the senior center operated by the city of Hobbs in Lea county;

(37) forty-five thousand dollars ($45,000) to purchase vehicles for the senior centers in Lincoln county;

(38) nine thousand one hundred dollars ($9,100) to purchase meals equipment for the senior centers in Lincoln county;

(39) four hundred forty-one thousand dollars ($441,000) to design, construct or equip an addition to the Deming senior center in Luna county;

(40) four thousand dollars ($4,000) to purchase meals equipment for the Deming senior center in Luna county;

(41) forty thousand dollars ($40,000) to purchase a vehicle for the senior center operated in Deming in Luna county;

(42) forty-five thousand dollars ($45,000) to purchase vehicles for the senior centers operated in McKinley county;

(43) one hundred six thousand seven hundred ninety dollars ($106,790) to make improvements to the Thoreau senior center operated by McKinley county;

(44) seventy-five thousand dollars ($75,000) to complete improvements to the Thoreau senior center operated by McKinley county;

(45) eighty thousand dollars ($80,000) to make improvements to the Gallup northside senior center in McKinley county;

(46) fifteen thousand dollars ($15,000) to purchase meals equipment for the Gallup northside senior center in McKinley county;

(47) one hundred thousand dollars ($100,000) to design, construct or equip the Ojo Encino chapter senior center in McKinley county;

(48) sixty-five thousand dollars ($65,000) to construct a sewer lagoon and other improvements at the Pinedale chapter senior center in McKinley county;

(49) forty-five thousand dollars ($45,000) to purchase a vehicle for the adult day care center in the city of Gallup in McKinley county;

(50) one hundred twenty thousand dollars ($120,000) to make improvements to the Chichiltah chapter senior center in McKinley county;

(51) ten thousand dollars ($10,000) to make storage or other improvements to the Manuelito chapter senior center in McKinley county;

(52) forty-five thousand dollars ($45,000) to purchase vehicles for the senior center operated by the pueblo of Zuni in McKinley county;

(53) one thousand five hundred dollars ($1,500) to make improvements to the Ramah chapter senior center in McKinley county;

(54) six thousand dollars ($6,000) to purchase meals equipment for the senior center operated by the pueblo of Zuni in McKinley county;

(55) forty-five thousand dollars ($45,000) to purchase vehicles for senior centers operated by the Navajo nation;

(56) two hundred fifty thousand seventy-four dollars ($250,074) to purchase meals equipment for senior centers operated by the Navajo nation;

(57) forty-five thousand dollars ($45,000) to purchase vehicles for senior centers operated in Mora and San Miguel counties;

(58) forty-five thousand dollars ($45,000) to purchase a vehicle for the senior center operated by the Mescalero Apache tribe in Otero county;

(59) one thousand dollars ($1,000) to improve the senior center operated by the Mescalero Apache tribe in Otero county;

(60) thirty thousand dollars ($30,000) to purchase a vehicle for the Cloudcroft senior center in Otero county;

(61) forty-five thousand dollars ($45,000) to purchase vehicles for the senior center operated by the city of Alamogordo in Otero county;

(62) twenty-one thousand seven hundred fifty dollars ($21,750) to purchase meals equipment for the Tularosa senior center in Otero county;

(63) twenty-five thousand dollars ($25,000) to renovate the Nara Visa senior center in Quay county;

(64) eight thousand dollars ($8,000) to purchase meals or other equipment for the San Jon senior center in Quay county;

(65) thirty-three thousand dollars ($33,000) to pave the parking lot and make other improvements to the San Jon senior center in Quay county;

(66) eight thousand five hundred dollars ($8,500) to make improvements to the pueblo of San Juan senior center in Rio Arriba county;

(67) nine thousand sixty-eight dollars ($9,068) to purchase meals and other equipment for the pueblo of San Juan senior center in Rio Arriba county;

(68) forty-five thousand dollars ($45,000) to purchase vehicles for the senior centers operated in Rio Arriba county;

(69) twenty-seven thousand dollars ($27,000) to renovate the Ojo Caliente senior center operated by Rio Arriba county;

(70) twenty-five thousand dollars ($25,000) to purchase meals equipment for the senior center operated by the pueblo of Santa Clara in Rio Arriba county;

(71) forty-five thousand dollars ($45,000) to purchase a vehicle for the senior center operated by the pueblo of Santa Clara in Rio Arriba county;

(72) forty-five thousand dollars ($45,000) to purchase a vehicle for the senior center operated by the city of Espanola in Rio Arriba county;

(73) twenty-five thousand dollars ($25,000) to purchase meals equipment for the Portales CSC senior center in Roosevelt county;

(74) six thousand dollars ($6,000) to make improvements to the senior center in Elida in Roosevelt county;

(75) sixty thousand dollars ($60,000) to purchase vehicles for the senior centers operated in San Juan county;

(76) twenty-five thousand three hundred dollars ($25,300) to purchase meals equipment for the senior centers operated in San Juan county;

(77) four thousand five hundred dollars ($4,500) to make improvements to the Aztec senior center in San Juan county;

(78) one thousand eight hundred sixty dollars ($1,860) for improvements to the Pecos senior center in San Miguel county;

(79) three thousand dollars ($3,000) to install a cooling system and other improvements in the San Miguel del Vado senior center in San Miguel county;

(80) ninety-one thousand one hundred dollars ($91,100) for improvements to the Las Vegas senior center in San Miguel county;

(81) three thousand dollars ($3,000) to purchase radios for senior center vehicles operated by the city of Rio Rancho in Sandoval county;

(82) six thousand seven hundred dollars ($6,700) to purchase meals equipment for the senior center operated by the city of Rio Rancho in Sandoval county;

(83) forty-seven thousand dollars ($47,000) to purchase vehicles for the senior center operated by the pueblo of San Felipe in Sandoval county;

(84) forty-five thousand dollars ($45,000) to purchase vehicles for the senior center operated by the pueblo of Cochiti in Sandoval county;

(85) one thousand dollars ($1,000) to purchase and install water heaters or other equipment and for code renovations in the senior center operated by the pueblo of Jemez in Sandoval county;

(86) forty-five thousand dollars ($45,000) to purchase vehicles for senior centers operated in Sandoval county;

(87) eight thousand dollars ($8,000) to purchase equipment for the senior center operated by the pueblo of Cochiti in Sandoval county;

(88) twenty-two thousand dollars ($22,000) for improvements to the senior center operated by the pueblo of Santo Domingo in Sandoval county;

(89) ten thousand dollars ($10,000) to purchase equipment for the senior center operated by the pueblo of Santo Domingo in Sandoval county;

(90) ten thousand dollars ($10,000) to purchase equipment for senior centers operated by Sandoval county;

(91) one hundred seventeen thousand two hundred dollars ($117,200) to make improvements to the senior center operated by the city of Rio Rancho in Sandoval county;

(92) thirty thousand dollars ($30,000) to purchase a vehicle for the senior center operated by the pueblo of Nambe in Santa Fe county;

(93) one thousand one hundred dollars ($1,100) to make improvements to the senior center operated by the pueblo of San Ildefonso in Santa Fe county;

(94) eighteen thousand six hundred dollars ($18,600) to renovate the senior center operated by the pueblo of Pojoaque in Santa Fe county;

(95) twenty-two thousand dollars ($22,000) to purchase a vehicle for the senior center operated by the pueblo of Pojoaque in Santa Fe county;

(96) forty-five thousand dollars ($45,000) to purchase a vehicle for the senior center operated by the pueblo of Tesuque in Santa Fe county;

(97) two hundred forty-five thousand dollars ($245,000) to make improvements to the MEG senior center operated by the city of Santa Fe in Santa Fe county;

(98) thirty thousand dollars ($30,000) to purchase a vehicle for the senior center operated by the pueblo of San Ildefonso in Santa Fe county;

(99) fifty-eight thousand five hundred dollars ($58,500) to purchase vehicles for the senior centers operated by the city of Santa Fe in Santa Fe county;

(100) two thousand two hundred dollars ($2,200) to purchase meals and other equipment for the senior center operated by the pueblo of Nambe in Santa Fe county;

(101) six hundred dollars ($600) to purchase equipment for the senior center operated by the pueblo of San Ildefonso in Santa Fe county;

(102) ten thousand dollars ($10,000) to purchase and install equipment in senior centers operated by the city of Santa Fe in Santa Fe county;

(103) twenty-seven thousand five hundred dollars ($27,500) to purchase a vehicle for the home safety program for seniors operated by open hands in Santa Fe county;

(104) eight hundred fifty dollars ($850) to purchase equipment for the open hands day care center operated in Santa Fe county;

(105) two thousand dollars ($2,000) to purchase meals equipment for the senior center in Truth or Consequences in Sierra county;

(106) sixty-five thousand dollars ($65,000) to purchase vehicles for senior centers operated in Socorro county;

(107) twenty-nine thousand two hundred dollars ($29,200) to purchase meals equipment for senior centers operated in Socorro county;

(108) three thousand dollars ($3,000) to make improvements to the northern Socorro senior center in Socorro county;

(109) one thousand dollars ($1,000) to purchase equipment for the senior center operated by the pueblo of Taos in Taos county;

(110) five thousand dollars ($5,000) to make improvements to the senior center operated by the pueblo of Picuris in Taos county;

(111) three thousand dollars ($3,000) to purchase equipment for the Amalia senior center operated in Taos county;

(112) twelve thousand seven hundred dollars ($12,700) to purchase meals equipment for the Taos senior center operated in Taos county;

(113) twenty-five thousand dollars ($25,000) to make improvements to the pueblo of Taos senior center operated in Taos county;

(114) one hundred thousand dollars ($100,000) to purchase vehicles for the senior centers operated in Taos county;

(115) one thousand dollars ($1,000) to purchase equipment for the senior centers operated in Taos county;

(116) twenty-five thousand dollars ($25,000) for improvements to the Chamisal senior center operated in Taos county;

(117) one thousand eight hundred dollars ($1,800) to purchase meals equipment for the senior center operated by the pueblo of Taos in Taos county;

(118) ten thousand dollars ($10,000) to purchase equipment and furniture for the senior center operated by the pueblo of Picuris in Taos county;

(119) one hundred thousand dollars ($100,000) to purchase vehicles for the senior centers operated in Torrance county;

(120) twenty-eight thousand dollars ($28,000) to purchase meals equipment for the senior centers operated in Torrance county;

(121) one hundred eighty-four thousand five hundred dollars ($184,500) to complete the design, construction or equipping of the Des Moines senior center in Union county;

(122) one thousand two hundred dollars ($1,200) to purchase equipment for the senior center operated by the pueblo of Isleta in Valencia county;

(123) two thousand six hundred dollars ($2,600) to purchase meals equipment for the senior center operated by the pueblo of Isleta in Valencia county; and

(124) fourteen thousand nine hundred seventy dollars ($14,970) to purchase meals equipment for the senior centers operated in Valencia county;

B. for state public educational capital improvements and acquisitions:

(1) to the public school capital outlay fund, five million dollars ($5,000,000) to be allocated by the public school capital outlay council to carry out the provisions of the Public School Capital Outlay Act;

(2) to the commission on higher education:

(a) seven million two hundred thousand dollars ($7,200,000) for educational television digital equipment at higher education institutions and constitutional special schools statewide; and

(b) five million dollars ($5,000,000) for information technology at higher education institutions and constitutional special schools statewide;

(3) to the eastern New Mexico university board of regents:

(a) four hundred thousand dollars ($400,000) for infrastructure and deferred maintenance improvements at the Portales campus in Roosevelt county; and

(b) five hundred thousand dollars ($500,000) to plan, design and construct expansions to the classrooms in the aviation maintenance department facility at the Roswell campus in Chaves county;

(4) to the New Mexico highlands university board of regents:

(a) six million dollars ($6,000,000) for a science and technology building at the university in Las Vegas in San Miguel county; and

(b) four hundred thousand dollars ($400,000) to construct a women's softball field, renovate the athletic field house and weight room and upgrade the swimming pool at the university in Las Vegas in San Miguel county;

(5) to the New Mexico institute of mining and technology board of regents:

(a) two million eight hundred thousand dollars ($2,800,000) for Cramer and Weir hall renovations at the institute in Socorro in Socorro county; and

(b) one million six hundred thousand dollars ($1,600,000) to plan, design and construct a student services building at the institute in Socorro in Socorro county;

(6) to the New Mexico state university board of regents:

(a) five million dollars ($5,000,000) to plan, design and construct a health and social services building at the university in Las Cruces in Dona Ana county;

(b) two hundred thousand dollars ($200,000) for roof repairs at the Carlsbad branch in Eddy county;

(c) five hundred thousand dollars ($500,000) for the engineering building at the main campus in Las Cruces in Dona Ana county; and

(d) five hundred thousand dollars ($500,000) to plan, design and construct an arena at the equestrian complex at New Mexico state university in Las Cruces in Dona Ana county;

(7) to the university of New Mexico board of regents:

(a) eight million dollars ($8,000,000) to plan, design and construct an architecture and planning building at the university in Albuquerque in Bernalillo county, contingent on the board of regents conducting a comparative cost-benefit analysis on the proposed locations of the building;

(b) one million dollars ($1,000,000) to purchase patient care equipment for the health sciences center at the university in Albuquerque in Bernalillo county; and

(8) to the western New Mexico university board of regents:

(a) three hundred twenty-five thousand dollars ($325,000) to complete the center for information technology at the university in Silver City in Grant county;

(b) one million four hundred thousand dollars ($1,400,000) for renovations to Sechlar hall at the university in Silver City in Grant county; and

(c) one million dollars ($1,000,000) to install lockers, a weight room and meeting rooms at the stadium and athletic facilities at the university in Silver City in Grant county;

(9) to the northern New Mexico state school board of regents:

(a) three hundred thousand dollars ($300,000) for infrastructure and deferred maintenance improvements at the El Rito campus in Rio Arriba county; and

(b) one hundred fifty thousand dollars ($150,000) for site improvements at the Espanola campus in Rio Arriba county;

(10) to the Clovis community college governing board, one million five hundred seventy-five thousand dollars ($1,575,000) to plan, design and construct a library-technology center at the college in Curry county;

(11) to the New Mexico junior college governing board:

(a) five hundred thousand dollars ($500,000) for infrastructure improvements at the college in Hobbs in Lea county; and

(b) one million dollars ($1,000,000) to design, construct, equip and furnish the western heritage museum at the college;

(12) to the San Juan college governing board:

(a) one million five hundred thousand dollars ($1,500,000) for expansion of the library and student center at the college in Farmington in San Juan county; and

(b) five hundred thousand dollars ($500,000) for phase 3 of the San Juan county-community college family center in Aztec in San Juan county;

(13) to the Luna vocational-technical institute governing board, four hundred thousand dollars ($400,000) to plan, design, construct, equip and furnish a health care training facility in Las Vegas in San Miguel county;

(14) to the board of regents of New Mexico military institute, one million five hundred thousand dollars ($1,500,000) to renovate Lea hall in Roswell in Chaves county;

(15) to the board of regents of New Mexico school for the deaf, eight hundred fifty thousand dollars ($850,000) to renovate the campus to comply with life-safety and building codes, improve accessibility and meet special education needs; and

(16) to the New Mexico office of Indian affairs:

(a) one million dollars ($1,000,000) to continue construction of the Shiprock campus of Dine college in McKinley county; and

(b) one million dollars ($1,000,000) to construct, equip and furnish a multipurpose building for the institute of American Indian arts in Santa Fe in Santa Fe county; and

C. for state facilities and equipment:

(1) to the capital program fund, ten million dollars ($10,000,000) to continue converting the state's microwave radio system from analog to digital technology;

(2) to the office of cultural affairs:

(a) eight million five hundred thousand dollars ($8,500,000) to plan, design, construct, furnish and equip a new palace of the governors annex in Santa Fe county;

(b) two million three hundred thousand dollars ($2,300,000) to acquire land for a parking facility for the national Hispanic cultural center in Albuquerque in Bernalillo county;

(c) three hundred thousand dollars ($300,000) to plan, design and construct the national atomic museum in Albuquerque in Bernalillo county; and

(d) three hundred fifty thousand dollars ($350,000) to construct, equip and provide site development for a facility consisting of a visitors' center, staff housing and maintenance shops at the Bosque Redondo memorial and museum in Fort Sumner in De Baca county;

(3) to the state parks division of the energy, minerals and natural resources department, one million forty-seven thousand five hundred dollars ($1,047,500) for field and infrastructure improvements at the Balloon Fiesta state park in Albuquerque in Bernalillo county;

(4) to the department of game and fish, three hundred fifty thousand dollars ($350,000) to acquire land for, design, build and equip a warm water fish hatchery, rearing station and education center for Santa Rosa in Guadalupe county;

(5) to the department of public safety, two million two hundred forty-seven thousand dollars ($2,247,000) for radio replacements and equipment for the New Mexico state police; and

(6) to the state armory board, one million dollars ($1,000,000) for improvements to armories statewide.

Section 11. ELECTION.--

A. Bonds issued pursuant to the 2000 Capital Projects General Obligation Bond Act shall be submitted to the registered voters of the state at the general election to be held in November 2000, and, if they receive a majority of all the votes cast thereon at such election, shall take effect upon certification of the state canvassing board announcing the results of such election. No bonds shall be issued or sold under the 2000 Capital Projects General Obligation Bond Act until the registered voters of this state have voted upon and approved the bonds and property tax as provided in this section. Any bonds issued under that act shall be issued within thirty months from the date of such election.

B. The ballots used at the 2000 general election shall contain substantially the following language:

(1) "The 2000 Capital Projects General Obligation Bond Act authorizes the issuance and sale of senior citizen facility improvement and equipment bonds. Shall the state be authorized to issue general obligation bonds in an amount not to exceed five million eight hundred twelve thousand five hundred sixty-seven dollars ($5,812,567) to make capital expenditures for certain senior citizen facility improvements and equipment projects and provide for a general property tax imposition and levy for the payment of principal of, interest on and expenses incurred in connection with the issuance of the bonds and the collection of the tax as permitted by law?

For________________ Against___________________";

(2) "The 2000 Capital Projects General Obligation Bond Act authorizes the issuance and sale of public educational capital improvements and acquisition bonds. Shall the state be authorized to issue general obligation bonds in an amount not to exceed fifty-eight million two hundred sixty-two thousand dollars ($58,262,000) to make capital expenditures for certain public educational capital improvements and acquisitions and provide for a general property tax imposition and levy for the payment of principal of, interest on and expenses incurred in connection with the issuance of the bonds and the collection of the tax as permitted by law?

For________________ Against___________________"; and

(3) "The 2000 Capital Projects General Obligation Bond Act authorizes the issuance and sale of state facilities and equipment bonds. Shall the state be authorized to issue general obligation bonds in an amount not to exceed twenty-six million two hundred twelve thousand five hundred dollars ($26,212,500) to make capital expenditures for state facilities and equipment and provide for a general property tax imposition and levy for the payment of principal of, interest on and expenses incurred in connection with the issuance of the bonds and the collection of the tax as permitted by law?

For________________ Against___________________".

C. Each question set forth in this section includes a specific work or object to be financed by the bonds. If any such question is not approved by a majority vote of the electorate at the state's 2000 general election, the issuance of bonds for the work or object specified by the question shall be excluded from and shall not be part of the 2000 Capital Projects General Obligation Bond Act. The failure of a question to be approved by the electorate at the 2000 general election shall not affect those questions that are approved at the election.

D. The secretary of state shall include the submission of the capital projects general obligation bonds to the people at the 2000 general election, and it shall be included in the general election proclamation of each of the county clerks. The secretary of state shall cause the 2000 Capital Projects General Obligation Bond Act to be published in full in at least one newspaper in each county of the state if one be published therein, once each week, for four successive weeks next preceding the general election as required by the constitution of New Mexico.

Section 12. ART IN PUBLIC PLACES.--Pursuant to Section 13-4A-4 NMSA 1978 and where applicable, the appropriations authorized in the 2000 Capital Projects General Obligation Bond Act include money for the art in public places fund.

Section 13. PROJECT SCOPE--EXPENDITURES--REVERSION.--

A. If an appropriation for a project authorized in the 2000 Capital Projects General Obligation Bond Act is not sufficient to complete all the purposes specified, the appropriation may be expended for any portion of the purposes specified in the appropriation. Expenditures shall not be made for purposes other than those specified in the appropriation.

B. The state agencies and state institutions to which money has been appropriated in the 2000 Capital Projects General Obligation Bond Act shall be responsible for monitoring the projects funded in that act to ensure compliance with the constitution and laws of New Mexico, and shall cause to be reverted any unexpended or unencumbered balance remaining at the earlier of the third full fiscal year after issuance of the bonds or the termination or completion of the specific project. Reverted funds shall be deposited in the debt service fund established by the state treasurer for the purpose of paying the principal of and interest on the state's general obligation bonds.

Section 14. SEVERABILITY.--If any part or application of the 2000 Capital Projects General Obligation Bond Act is held invalid, the remainder or its application to other situations or persons shall not be affected.

Section 15. EMERGENCY.--It is necessary for the public peace, health and safety that this act take effect immediately.

HTRC/HB 17

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