N.M. Admin. Code § 18.30.2.8 - SLIDING SCALE FOR AUTHORIZED TRANSPORTATION PROJECTS WITH LOCAL GOVERNMENT
A.The
authorized matching funds for the GRIP funded portion of the transportation
project for the Rio Bravo boulevard extension and interchange construction to
access Mesa del Sol in the city of Albuquerque and Bernalillo county from the
local governments are:
(1) city of
Albuquerque: funds from the capital program.
(2) Bernalillo county:
(a) funds for environmental
analysis;
(b) funds for staff time
devoted to project;
(c) value of
estimated right-of-way contribution.
(3) Private share from private sources.
B.The authorized matching
funds for the GRIP funded portion of the transportation project for the
reconstruction of an interchange at Interstate 40 and West Central Avenue in
the city of Albuquerque and Bernalillo county from the local governments are:
(1) city of Albuquerque-sliding scale as
agreed to in cooperative project agreement;
(2) Bernalillo county-sliding scale as agreed
to in cooperative project agreement.
C The authorized match for the projects'
matching funds for the New Mexico department of transportation are: (1) the Rio
Bravo boulevard extension and interchange construction to access Mesa del Sol
in the city of Albuquerque and Bernalillo county - $6 million from the GRIP
bond issue; (2) the reconstruction of an interchange at Interstate 40 and West
Central Avenue in the city of Albuquerque and Bernalillo county - $6 million
from the GRIP bond issue.
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.