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

SPONSOR:	Taylor, J.G.		DATE TYPED:	03/4/03		HB	821
SHORT TITLE:		Hubble House Project Consultation				SB
					ANALYST:		Valenzuela

APPROPRIATION

Appropriation Contained		Estimated Additional Impact		Recurring or Non-Rec	Fund Affected
FY03	FY04	FY03	FY04
	$50.0			Recurring	General Fund

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

Responses Received From

New Mexico Organic Commodity Commission

SUMMARY

Synopsis of Bill

House Bill 821 appropriates $50.0 from the general fund to New Mexico Organic Commodity Commission for the purpose of consultation on the Hubble House project in Bernalillo county.

Significant Issues

The Hubble House was the private residence of James L. (Santiago) Hubbell and Juliana Gutierrez-Hubbell and also served as a trading post, a stagecoach stop and was the local Post Office for a period of time. Bernalillo County provided the funds to purchase the Hubbell property and the alliance was formed to preserve and develop the property. The Hubbell House Alliance has been formed to preserve the Hubble House property after 180 years of Gutierrez-Hubbell ownership.

Bernalillo County acquired the Hubbell Property in 2000 with funds from an Open Space Mill Levy. The house is in the South Valley of Albuquerque.

FISCAL IMPLICATIONS

The appropriation of $50.0 contained in this bill is a non-recurring expense to the general fund. Any unexpended or unencumbered balance remaining at the end of fiscal year 2004 shall revert to the general fund.

MV/njw