HOUSE BILL 640

54th legislature - STATE OF NEW MEXICO - first session, 2019

INTRODUCED BY

           Antonio "Moe" Maestas and Georgene Louis and Patricia Roybal Caballero and Patricio Ruiloba

AN ACT

MAKING AN APPROPRIATION TO THE LOCAL GOVERNMENT DIVISION OF THE DEPARTMENT OF FINANCE AND ADMINISTRATION TO PROMOTE ECONOMIC DEVELOPMENT AND REVITALIZATION OF THE WEST CENTRAL AVENUE CORRIDOR IN ALBUQUERQUE.

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

     SECTION 1. APPROPRIATION.--Fifty thousand dollars ($50,000) is appropriated from the general fund to the local government division of the department of finance and administration in for expenditure in fiscal year 2020 to promote the economic development and revitalization of the west Central avenue corridor by contracting with a community organization for services and to facilitate communication and collaboration with ten neighborhood associations and two merchant associations in Albuquerque. Any unexpended or unencumbered balance remaining at the end of fiscal year 2020 shall revert to the general fund.

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