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Measure Details

Senior Citizen Facility Bonds

New Mexico Ballot Measure - Bond Question 1

Summary

The 2008 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 $14,725,000 to make capital expenditures for certain senior citizen facility improvements, 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 for the collection of the tax as permitted by law?

Measure Text

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