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F I S C A L I M P A C T R E P O R T





SPONSOR: Maes DATE TYPED: 02/09/01 HB
SHORT TITLE: Sale of Santa Fe State Agency Property SB SJR 15
ANALYST: Carrillo


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
 Recurring

or Non-Rec

 Fund

Affected

FY01 FY02 FY01 FY02

NFI



(Parenthesis ( ) Indicate Expenditure Decreases)





SUMMARY



Synopsis of Bill



Senate Joint Resolution 15 authorizes (ratifies) the proposed sale of La Villa Rivera, Marian Hall and Cathedral Park in Santa Fe.



The property shall not be sold for less than the value of the property established by the Taxation and Revenue Department using generally acceptable appraisal techniques. The Capitol Buildings Planning Commission must review the sale of the property.



The Property Control Division shall act as fiduciary to the Capitol Buildings Planning Commission in all matters relative to the sale of the property.



WJC/njw