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: 2013

Description: SECTION 37. FRED LUNA BUILDING PARKING AREA IN BELEN--CHANGE TO RIO RANCHO ALL INCLUSIVE PARK--CHANGE AGENCY--EXTEND TIME--SEVERANCE TAX BONDS.--The unexpended balance of the appropriation to the capital program fund originally authorized in Subsection 25 of Section 7 of Chapter 125 of Laws 2009 to plan, design, construct and equip a parking area for the Fred Luna building in Belen in Valencia county shall not be expended for the original purpose but is appropriated to the local government division to design, construct and equip an all inclusive park with high standards of accessibility in Rio Rancho in Sandoval county. The time of expenditure is extended through fiscal year 2015.

City: Rio Rancho

County: Sandoval

Amount budgeted: $300,000.0

Amount spent (through June 23): $56,508.02

Arts in public places allocation: $0.0

Reauthorized to the same or another project: $0.0

Amount returned to state (through June 23): $0.0

Balance as of June 23: $243,492.0

Project status: Fully Executed Grant 10/28/13 0150-Grant Agreement Issued 10/28/2013

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