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Measure Details

Issuance and Sale of Higher Educational and Special Schools Capital Improvement and Acquisition Bonds

New Mexico Ballot Measure - Bond Question D

Election: Nov. 2, 2010 (General)
Outcome: Failed

Higher Education
Housing and Property
Government Budget and Spending



Measure Text

The 2010 Capital Projects General Obligation Bond Act authorizes the issuance and sale of higher educational and special schools capital improvement and acquisition bonds. Shall the state be authorized to issue general obligation bonds in an amount not to exceed one hundred fifty-five million five hundred sixty-seven thousand eight hundred twenty-four dollars ($155,567,824) to make capital expenditures for certain higher educational and special schools capital improvements and acquisitions 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 the collection of the tax as permitted by law?

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