The Taos News

Legals aof,

Email to forltehe pgaymaentl­osf pr@inciptal iontersest­non aend wexpensses.inccurored­min property tax imposition and levy connection with the issuance of the bonds and the collection of the tax as permitted by law? For________________ Against______________

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construct, renovate, furnish and equip infrastruc­ture improvemen­ts, including roof replacemen­t, at the Dona Ana branch community college campuses of New Mexico state university in Dona Ana county; (e) one million two hundred fifty thousand dollars ($1,250,000) to plan, design, construct, renovate and equip infrastruc­ture improvemen­ts, including roof replacemen­t, to Martinez hall at the Grants branch campus of New Mexico state university in Cibola county; and (f) ten million five hundred thousand dollars ($10,500,000) to plan, design, construct, renovate, furnish and equip, including abatement and demolition, the New Mexico department of agricultur­e building at New Mexico state university in Las Cruces in Dona Ana county; (9) to the board of regents of northern New Mexico state school, three million dollars ($3,000,000) to plan, design, construct and repair infrastruc­ture improvemen­ts, including parking lots and roads, at the Espanola and El Rito campuses of northern New Mexico state school in Rio Arriba county; (10) to the board of regents of the university of New Mexico: (a) forty-five million dollars ($45,000,000) to plan, design, construct, furnish and equip a new center for collaborat­ive art and technology at the university of New Mexico in Albuquerqu­e in Bernalillo county; (b) thirty-six million dollars ($36,000,000) to plan, design, construct, renovate, furnish and equip a children's psychiatri­c center for the health sciences center at the university of New Mexico in Albuquerqu­e in Bernalillo county; (c) three million dollars ($3,000,000) to plan, design, construct, renovate and equip infrastruc­ture improvemen­ts to Gurley hall at the Gallup branch campus of the university of New Mexico in McKinley county; (d) one million three hundred thousand dollars ($1,300,000) to plan, design, construct, renovate, furnish and equip infrastruc­ture improvemen­ts campuswide at the Los Alamos branch campus of the university of New Mexico in Los Alamos county; (e) three million dollars ($3,000,000) to plan, design, construct, renovate, furnish and equip renovation­s and an addition to Fred Peralta hall at the Taos branch campus of the university of New Mexico in Taos county; and (f) nine hundred thousand dollars ($900,000) to plan, design, construct, renovate, furnish and install improvemen­ts, including roof replacemen­t and solar installati­on, to the learning commons resource center at the Valencia branch campus of the university of New Mexico in Valencia county; and (11) to the board of regents of western New Mexico university: (a) two million dollars ($2,000,000) to plan, design, construct, furnish and equip a Deming learning center at western New Mexico university in Deming in Luna county; and (b) two million dollars ($2,000,000) to plan, design, construct, renovate, furnish and equip infrastruc­ture improvemen­ts, including roadway improvemen­ts to Kentucky street, at western New Mexico university in Silver City in Grant county.

SECTION 11. ELECTION.-

A. Bonds issued pursuant to the 2022 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 2022, 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 the election. No bonds shall be issued or sold under that 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 2022 general election shall contain substantia­lly the following language:

(1) "The 2022 Capital Projects General Obligation Bond Act authorizes the issuance and sale of senior citizen facility improvemen­t, constructi­on and equipment acquisitio­n bonds. Shall the state be authorized to issue general obligation bonds in an amount not to exceed twenty-four million four hundred seventy thousand dollars ($24,470,000) to make capital expenditur­es for certain senior citizen

facility improvemen­t, constructi­on and equipment acquisitio­n 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 2022 Capital Projects General Obligation Bond Act authorizes the issuance and sale of library acquisitio­n bonds. Shall the state be authorized to issue general obligation bonds in an amount not to exceed nineteen million two hundred sixty-six thousand dollars ($19,266,000) to make capital expenditur­es for academic, public school, tribal and public library resource 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 (2) "The 2022 Capital Projects General Obligation Bond Act authorizes the issuance and sale of library acquisitio­n bonds. Shall the state be authorized to issue general obligation bonds in an amount not to exceed nineteen million two hundred sixty-six thousand dollars ($19,266,000) to make capital expenditur­es for academic, public school, tribal and public library resource 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

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(3) "The 2022 Capital Projects General Obligation Bond Act authorizes the issuance and sale of higher education, special schools and tribal schools capital improvemen­t and acquisitio­n bonds. Shall the state be authorized to issue general obligation bonds in an amount not to exceed two hundred fifteen million nine hundred eighty-six thousand dollars ($215,986,000) to make capital expenditur­es for certain higher education, special schools and tribal schools 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___________________".

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 2022 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 2022 Capital Projects General Obligation Bond Act. The failure of a question to be approved by the electorate at the 2022 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 2022 general election, and it shall be included in the general election proclamati­on. The secretary of state shall cause the 2022 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 2022 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 2022 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 2022 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 2022 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.

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