Mayor and City Councilors Introduce Legislation to Dedicate Entire $50 Million Dollars to Critical Infrastructure Project
Albuquerque- Today Mayor Richard J. Berry and three city councilors worked on a bi-partisan basis to introduce legislation designed to bolster the City’s commitment to the much needed infrastructure improvements at Paseo Del Norte and I-25. The city previously passed legislation to set aside up to $50 million dollars in matching funds against potential capital outlay from the State of New Mexico during the current legislative session. The new legislation sets aside the entire $50 million dollars towards the project. The change is based on the fact that the State is currently debating $30 million dollars in capital outlay for the project. If the City simply matches the $30 million from the state, the project will be in jeopardy due to lack of needed funding. This legislation solves that issue.
"We greatly appreciate the support we’ve received to this point from the Governor and from legislators on both sides of the aisle for this critical project – but we certainly don’t take the $30 million dollars for granted at this point in the legislative session. We need to continue to demonstrate that the City of Albuquerque is willing and able to provide the largest share of funding for this critical project." said Mayor Berry
The governor and legislators, on a bi-partisan basis, have identified $30 million dollars in capital funding during this legislative session. If the full $30 million is appropriated, coupled with prior federal support and current support from the City of Albuquerque and Bernalillo County- $85 million of the needed $93million will be supported by elected officials at all levels. The $8 million remaining can be funding through a number of sources including the upcoming Federal Tiger Grant IV process and other regional sources. Mayor Berry has conversed with US Secretary of Transportation Ray LaHood and Federal Highway Administrator Victor Mendez about this critical project and while he says there is no guarantee prior to application, he is optimistic about funding during the upcoming grant process, particularly with strong financial support in place from the state, the city and the county.
"We look forward to partnering with the state to move this important project forward," said Counselor Dan Lewis, District 5.
"This is a project that is vital and it’s important that all of the governmental entities work together," said Counselor Ken Sanchez, District 1.
"This is a much needed project that benefits Albuquerque and the State of New Mexico and we truly all need to work together on this project," said Counselor Brad Winter, District 4.