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Measure Details

Bond Question A

New Mexico Ballot Measure - Measure

Election: Nov. 8, 2016 (General)
Outcome: Passed

Categories:
Government Budget and Spending
Senior Citizens

Yes
475,498
(68.53%)

No
218,387
(31.47%)

Summary

Bond Issue A asks for, in an amount not to exceed $15,440,000 to make capital expenditures for senior citizen facility improvements, construction, and equipment acquisition projects.

Measure Text

The 2016 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 fifteen million four hundred forty thousand dollars ($15,440,000) to make capital expenditures for certain senior citizen facility improvement, 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 the collection of the tax as permitted by law?

FOR ( ) AGAINST ( )

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