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New Mexico 2018 Capital Projects General Obligation Bond Act Summary
The act authorizes sale of general obligation bonds for capital projects across senior citizen facilities libraries and higher education. It sets terms for issuance interest redemption and maturities up to ten years with full faith and credit pledged. It imposes a state ad valorem tax to fund principal and interest and details expenditures distribution including senior centers and library acquisitions statewide.
MENTIONED IN THIS ARTICLE
State
New Mexico
State Board of Finance
United States
Barelas Senior Center
Albuquerque
Bernalillo County
Bear Canyon Senior Center
Highland Senior Center
Los Volcanos Senior Center
Los Volcanos
North Valley Senior Center
Palo Duro Senior Center
Palo Duro Senior Fitness Center
Paradise Hills Community Center
Rio Bravo Senior Center
South Valley Multipurpose
Whispering Pines
Quemado
Catron County