NMSA 1978 ch. 15, art. 10 — Capitol Buildings Planning Commission | New Mexico Statutes Annotated 1978 (through the 2026 session) — New Mexico

NMSA 1978, § 15-10-1 Capitol buildings planning commission created

15-10-1. Capitol buildings planning commission created A. The "capitol buildings planning commission" is created. The commission shall be composed of four members of the legislature, two from each house, appointed by the New Mexico legislative council, the secretary of general services or the secretary's designee, the state treasurer or the state treasurer's designee, the secretary of transportation or the secretary's designee, the secretary of cultural affairs or the secretary's designee, the secretary of finance and administration or the secretary's designee, the commissioner of public lands or the commissioner's designee and the chair of the supreme court building commission or the chair's designee. B. The commission shall: (1) study and plan for the long-range facilities needs of state government in the greater metropolitan areas of Las Cruces, Santa Fe and Albuquerque and, after developing an initial master plan for the state facilities in those areas, conduct a review of state properties throughout the state for the development of an overall master plan; (2) review proposed lease-purchase agreements pursuant to Section 15-10-2 NMSA 1978; (3) work with the general services department and other state agencies in developing recommendations for addressing deferred maintenance on state facilities and disposal strategies for aging facilities no longer able to serve their mission; and (4) utilizing life cycle costing, work with the general services department in developing recommendations regarding whether the state should lease, lease-purchase or purchase needed additional facilities. C. The legislative council service shall provide staff for the commission in coordination with the staff architect and other staff of the facilities management division of the general services department. D. The commission shall meet regularly and shall report annually to the legislature on an annual update of the master plan for the long-range facilities needs of state government in the greater metropolitan areas of Las Cruces, Santa Fe and Albuquerque and throughout the state. Laws 1997, ch. 178, § 5; 2002, ch. 69, § 1; 2003, ch. 110, § 1; 2007, ch. 64, § 1; 2009, ch. 19, § 1; 2013, ch. 115, § 20.

NMSA 1978, § 15-10-2 Capitol buildings planning commission; review of lease-purchase agreements

15-10-2. Capitol buildings planning commission; review of lease-purchase agreements A. Before submitting a proposed lease-purchase agreement to the legislature for ratification and approval pursuant to Section 15-3-35 NMSA 1978, the proposed lessee shall notify the commission. The commission shall review a proposed lease-purchase agreement if: (1) the total lease revenues to be generated during the term of the lease-purchase agreement, including any possible extensions or renewals, exceed five million dollars ($5,000,000); or (2) pursuant to criteria adopted by the commission, the commission selects the lease-purchase agreement for review. B. A review conducted pursuant to this section shall include findings by the commission as to whether: (1) the leasehold property and the term of the lease-purchase agreement are sufficient to meet the identified needs of the state agency that will occupy the leasehold property; (2) the payment of all lease revenues due pursuant to a lease-purchase agreement will be sufficient, at the end of the term of the lease-purchase agreement, to acquire ownership of the leasehold property; (3) the lease-purchase agreement provides that there is no legal obligation for the state or state agency to continue the lease-purchase agreement from year to year or to purchase the leasehold property, and that the lease-purchase agreement shall be terminated if sufficient appropriations are not available to meet the current lease payments; and (4) the lease-purchase agreement is the most cost-effective alternative for acquiring the leasehold property, taking into account currently available alternative lease arrangements, lease-purchase agreements or other financing arrangements permitted by law. C. After a review pursuant to this section, the commission shall submit its findings and recommendations to the legislature. D. As used in this section: (1) "commission" means the capitol buildings planning commission; (2) "facilities" means buildings and the appurtenances and improvements associated therewith, including the real estate upon which a building is constructed; suitable parking for use of the building; utilities, access roads and other infrastructure; and related real estate. "Facilities" can also mean undeveloped or developed real estate that is transferred or leased with the intent that a new building or improvement be constructed thereon; (3) "lease-purchase agreement" means a financing agreement for the leasing of facilities by the state or a state agency from a public or private entity with an option to purchase the leasehold property for a price that is reduced according to the payments made pursuant to the financing agreement; (4) "leasehold property" means facilities that are subject to a lease-purchase agreement; (5) "lease revenues" means the amounts payable pursuant to a lease-purchase agreement; and (6) "state agency" means any department, branch, institution, board, officer, bureau, instrumentality, commission, district or committee of government of the state of New Mexico except: (a) the state armory board; (b) the commissioner of public lands; (c) state institutions under the jurisdiction of the higher education department; (d) the economic development department when the department is acquiring property pursuant to the Statewide Economic Development Finance Act [Chapter 6, Article 25 NMSA 1978]; (e) the public school facilities authority when the authority is acquiring property pursuant to the Public School Capital Outlay Act [Chapter 22, Article 24 NMSA 1978]; and (f) a state-chartered charter school. 1978 Comp., §15-10-2, as enacted by Laws 2009, ch. 19, § 2.