Section 34-9-13 - Magistrate and metropolitan court capital fund created; purpose.

NM Stat § 34-9-13 (2019) (N/A)

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The "magistrate and metropolitan court capital fund" is created in the state treasury and shall be administered by the administrative office of the courts. The fund shall consist of money transferred to the fund by the New Mexico finance authority or from the court facilities fund. Money in the fund shall be available for appropriation by the legislature for leasing or purchasing, renovating, maintaining, securing, furnishing or equipping magistrate or metropolitan court facilities.

History: Laws 1998 (1st S.S.), ch. 6, § 6.

Appropriations. — Laws 2000, ch. 5, § 8 appropriated $8,100,000 from the magistrate and metropolitan court capital fund for expenditure in fiscal years 2000 through 2004 for acquisition of real property for and the design, construction, furnishing and equipping of a new court building for the Bernalillo county metropolitan court in Albuquerque and of a parking facility adjacent to the new Bernalillo county metropolitan court building or to repay a loan from the New Mexico finance authority for any of these purposes. Any unexpended or unencumbered balance remaining at the end of fiscal year 2004 shall revert to the magistrate and metropolitan court capital fund. It also appropriated $1,000,000 from the magistrate and metropolitan court capital fund to the administrative office of the courts for expenditure in fiscal year 2001 for securing, equipping and studying the costs and benefits of leasing and purchasing magistrate court facilities.

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Section 34-9-14 - Court facilities fund created; administration; distribution.