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: 2010

Description: for infrastructure development, design and construction of a technical support center in Rio Rancho in Sandoval county pursuant to the Local Economic Development Act

City: Rio Rancho

County: Sandoval

Amount budgeted: $6,000,000.0

Amount spent (through June 23): $5,940,000.0

Arts in public places allocation: $60,000.0

Reauthorized to the same or another project: $0.0

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

Balance as of June 23: $0.0

Project status: Bonds have not sold as of 6-15-10 SGS Bonds Sold - Agreement executed between DFA, EDD and City of Rio Rancho. 9-15-10 SGS City of Rio Rancho continues to submit drawdowns - project is moving forward and fully obligated. SGS 12-15-10 Project Closed

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