CAPITAL OUTLAY — Page 1
Capital Outlay Request Form Page 1	Capital Outlay Request Form Page 2	Capital Outlay Request Form Page 3
Read instructions for the Capital Outlay Request Form Right Here

LEGISLATIVE COUNCIL SERVICE 48TH LEGISLATURE-FIRST SESSION-2007 CAPITAL OUTLAY REQUEST FORM Revised 12/22/06 This is the printed version of the legislative council service’s capital outlay request form.  You may also Access and download this form online by going to the legislature’s web site (www.legis.state.nm.us).  The form is available in PDF format or as an editable MS-Word document. This capital outlay request form is designed to assist you in describing the project for which you are seeking funding.  Completing this form is necessary to provide accurate information to the legislative council service for drafting purposes and for legislators to make informed decisions about funding projects.  Submit this form to a legislative council service capital outlay drafter.  ALL CAPITAL OUTLAY REQUESTS MUST BE SIGNED BY THE SPONSORING LEGISLATOR.  If you intend to seek the support of more than one legislator in the funding of a project, a separate, signed form is required for each legislator sponsoring the project.  If funding is requested from multiple legislators for the same project, please provide an identical project description for each legislator to sign.  The legislative council service will not process the capital outlay request until this form is filled out, with any required supporting documentation attached, and is signed by a legislator.  The sponsoring legislator must be provided with a copy of this completed form and supporting documentation.  Also, be prepared to provide this information to other legislators and committees. The legislature intends to fund projects that are well planned and budgeted and that have been deemed important for communities.  Additionally, the legislature is trying to fund projects in phases.  The legislature has developed a list of criteria for funding needed projects.  The criteria list is available at the legislature’s web side (www.legis.state.nm.us) Additional Requirements for Nonprofit Entity, Economic Development and Non-ICIP Projects      1.  If the capital asset is to be used by a nonprofit entity, the requester needs to submit with this form a written commitment from the state or a political subdivision of the state that the state or political subdivision:             A. is or will be the owner of the asset and the fiscal agent for the nonprofit entity;             B. will lease the asset to the nonprofit entity at fair market value; and             C. will ensure the nonprofit entity maintains the asset.      2.  If the project is an economic development project that represents a public-private partnership under the Local Economic Development Act, the requester needs to submit with this form the local government’s approval of the project, in accordance with its ordinance adopted pursuant to that act, that validates the local government’s receipt of state funding for the project.      3.  If the project is intended to be for a state agency or a political subdivision of the state, but is not part of that agency’s or subdivision’s ICIP, the requester needs to submit with this form written approval by the state agency or political subdivision that it agrees to own, operate and maintain the asset.

Capital Outlay Request Form Page 1

Capital Outlay Request Form Page 2

Capital Outlay Request Form Page 3

 

 

 

 

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