New Mexico's Capital Dilemma

Explore New Mexico's bond-funded capital outlay projects. For stories about the data, go to New Mexico In Depth.


Year: 2012

Description: One hundred ninety-seven thousand nine hundred ninety-nine dollars ($197,999) of the unexpended balance of the appropriation to the local government division in Subsection 85 of Section 21 of Chapter 92 of Laws 2008 for a hospital in Truth or Consequences in Sierra county shall not be expended for the original purpose but is changed to plan, design, construct and equip the all-inclusive regional park facility in Rio Rancho in Sandoval county. The time of expenditure is extended through fiscal year 2014.

City: Rio Rancho

County: Sandoval

Amount budgeted: $197,999.0

Amount spent (through June 23): $0.0

Arts in public places allocation: $0.0

Reauthorized to the same or another project: $0.0

Amount returned to state (through June 23): $197,999.0

Balance as of June 23: $0.0

Project status: The City of Rio Rancho has provided documentation to LGD that the site of the park is owned by the city. The anti-donation issue has been cleared and the funds are now available for draw down. At this time pending the outcome of HB353 and whether or not $197, 999 is going to be reauthorized to Sierra County. If this money is reauthorized then the city does not think that the project can move forward with the funding available. The city has not completed any plan and design and currently does not have any contracts in place. New project purpose approved at November 26, 2012 meeting. Grant agreement initiated. No anti-donation issues. city owns the land on which the park will be constructed. SBOF did not approve new purpose at June 21, 2012 Board Mtg pending SBOF meeting 06/19/2012 0150-Grant Agreement Issued 12/19/2012

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