Voters’ Guide

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General Obligation Bonds

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Bond Issues

GENERAL OBLIGATION BONDS AND TAXES

A bond represents a debt for money borrowed by a government to finance capital improvement projects. The government promises to repay the amount borrowed, plus interest over a period of time. There are several types of bonds, the most significant being General Obligation bonds and Revenue bonds. The eleven ballot questions below are General Obligation bonds.

General Obligation bonds require approval by the voters. Historically the City of Albuquerque has limited the size of requested General Obligation bond issues in order to keep the City’s property tax rate level from one bond issue to the next. The G. O. bonds issued by the City are paid from property tax revenues. New bonds are issued as older bonds are retired, keeping the City’s debt service levy, and the amount of tax paid at a fairly constant level.

The bonds are called “General Obligation” because payment of the debt service (principal and interest) is a general obligation of the City and its property owners. That is, the bonds are backed by the full faith and credit of the City. The City receives only about 30% of the property taxes paid by the typical Albuquerque homeowner; almost 70% goes to other governmental and educational entities. The City property tax rate will not increase for these G.O. bonds.

The 2017 General Obligation Bond election questions, including all projects for each bond question, are also available on the City’s website:

You may also access the full 2017-2026 Decade Plan at the same site. If you have any questions, or would like a presentation on the capital program, you may contact Mark Motsko, strategic program manager, at 505-768-3830 or email mmotsko@cabq.gov.

2017 General Obligation Bond Program

Eleven General Obligation bond questions will appear on the October 3, 2017 election ballot. The total amount of the proposed capital projects is $125,000,000 for the two-year bond cycle. The projects have been grouped according to their general purpose into eleven ballot questions.

General Obligation bond projects are grouped by purpose so that voters have the option of approving one purpose and not another. Once approved, the funds must be used for the approved purpose only. The projects proposed for voter approval were selected through a planning process that involves the Mayor, City Council and the Public.

2017 General Obligation Bond Program by Purpose

The 2017 General Obligation Bond election questions, including all projects for each bond question, are also available on the City’s web site: cabq.gov/2017gobondprogram. If you have any questions, would like a hard copy, or would like a presentation on the capital program, you may contact Mark Motsko, Strategic Program Manager at 505-768-3830 or e-mail mmotsko@cabq.gov.

Public Safety Bonds

Shall the City of Albuquerque issue $16,271,000 of its general obligation bonds to design, develop, study, construct, modernize, automate, renovate, rehabilitate, recondition, landscape, furnish, enhance and otherwise improve, and to acquire land, buildings, property, vehicles, apparatus and equipment for police and fire department facilities?

Apparatus Replacement$3,000,000
Facility Repair Renovation, and Rehabilitation$1,000,000
Station 9 Reconstruction (Phase II)$2,000,000
Alternative Response Station$750,000
Southeast Area Command $3,000,000
Purchase Police Vehicles$3,100,000
Renovation and Repair of APD Facilities $1,150,000
Dwyer Substation Enclosed Parking Lot$700,000
Foothills Area Command Improvements$300,000
Public Safety Projects - Council District 1$60,000
Public Safety Projects - Council District 4$100,000
Public Safety Projects - Council District 5$300,000
Public Safety Projects - Council District 6 $150,000
Public Safety Projects - Council District 7$100,000
Public Safety Projects - Council District 8$300,000
Public Safety Projects - Council District 9$100,000
1% for Public Art$161,000
TOTAL$16,271,000


Senior, Family, Community Center & Community Enhancement Bonds

Shall the City of Albuquerque issue $14,495,000 of its general obligation bonds to plan, design, develop, construct, demolish, equip, reconstruct, renovate, rehabilitate, expand, repair, study, landscape, streetscape, enhance and otherwise improve, and to acquire property for, city-owned community centers including those for families, youth, senior citizens and for other community enhancement projects?

Renovation, Repair, Security and Technology Improvements:
Existing FCSD Facilities
$1,900,000
Loma Linda Community Center$1,000,000
John Marshall Health and Social Service Center $1,000,000
Dennis Chavez Community Center $1,100,000
Pat Hurley Community Center, Phase II$1,300,000
Senior Affairs Facility Renovation/Rehabilitation $540,000
Northwest Multigenerational Center$60,000
North Domingo Baca Gymnasium $3,000,000
Cibola Loop Property Acquisition $2,700,000
Senior, Family, Community Center and Community Enhancement Projects
Council District 1
$100,000
Senior, Family, Community Center and Community Enhancement Projects
Council District 3
$400,000
Senior, Family, Community Center and Community Enhancement Projects
Council District 6
$200,000
Senior, Family, Community Center and Community Enhancement Projects
Council District 8
$300,000
Senior, Family, Community Center and Community Enhancement Projects
North Domingo Baca Multigenerational Center - Council District 4
$750,000
1% for Public Art $145,000
TOTAL$14,495,000


Parks and Recreation Bonds

Shall the City of Albuquerque issue $17,193,000 of its general obligation bonds to study, map, plan, design, develop, construct, rehabilitate, renovate, expand, furnish, equip, enhance and otherwise improve, and to acquire property, vehicles and equipment for park and recreational facilities, including public parks and facilities within those parks, swimming pools, tennis courts, sports fields, other recreational facilities, open space, medians, bikeways, bosque lands and trails?

Park Irrigation System Renovation$1,802,000
Open Space Bosque Restoration $200,000
Golf Equipment and Vehicles$500,000
Open Space Equipment and Vehicles$500,000
Park Management Vehicles and Equipment$1,500,000
Recreation Facility Development & Renovation $750,000
Open Space Facility Renovation $300,000
Balloon Fiesta Park Improvements $650,000
New Park Development $1,500,000
Pool Renovation$950,000
Parks Amenity and Forestry Rehabilitation$650,000
Juan Tabo Hills Park$200,000
Singing Arrow Archaeological Mock-up$500,000
Alameda Drain Trail$470,000
Coronado Skate Park$160,000
McKinley Bicycle Shop$400,000
Los Altos Park Improvements$1,000,000
Anderson Heights Park$415,000
2% for Open Space Projects$2,500,000
Parks and Recreation Projects - Council District 1 $200,000
Parks and Recreation Projects - Council District 2 $200,000
Parks and Recreation Projects - Council District 3$200,000
Parks and Recreation Projects - Council District 4 $50,000
Parks and Recreation Projects - Council District 5 $400,000
Parks and Recreation Projects - Council District 6 $250,000
Parks and Recreation Projects - Council District 7 $325,000
Parks and Recreation Projects - Council District 9$450,000
1% for Public Art $171,000
TOTAL $17,193,000


Energy and Water Conservation, Public Facilities, and System Modernization Bonds

Shall the City of Albuquerque issue $11,570,000 of its general obligation bonds to modernize, make energy and/or water-efficient, upgrade, equip, improve, acquire, design, survey, develop, construct, rehabilitate, renovate, expand, furnish, enhance and otherwise improve, and to acquire property, vehicles and equipment for, public buildings, facilities and systems?

AWD Shelter Rehab and Equipment $650,000
Replacement Vehicles (DMD) $100,000
CIP Parks Construction Heavy Equipment $150,000
City Building Improvement and Rehabilitation $1,500,000
Roof Repair/Replacement for City Facilities$200,000
Civic Underground Parking Fire Suppression System Upgrades$150,000
Civic Underground Emergency Power and Nox Evacuation System Upgrade $100,000
ABC Government Center HVAC, Fire Alarm and Lighting Upgrades $100,000
Parking Facilities Rehabilitation and Upgrade $100,000
Security Improvements and Rehabilitation $50,000
Health and Safety Equipment, Vehicles and Software and Training Materials . . . . . . . . . . . . . . . . . . . .$300,000
Los Angeles Landfill Remediation$200,000
Environmental Health Satellite Facility Rehabilitation $100,000
Vehicle and Equipment Replacement: FCS $300,000
Electronic Plan Review (ePlan) $250,000
Planning Hardware and Software Upgrades$150,000
Planning Department Vehicles$200,000
Plaza del Sol Rehabilitation $300,000
IT Infrastructure Upgrade $1,000,000
Network Equipment Upgrade $850,000
Cyber Security $250,000
Business Application Technology $705,000
3% for Energy Conservation Program $3,750,000
1% for Public Art$115,000
TOTAL $11,570,00


Library Bonds

Shall the City of Albuquerque issue $6,011,000 of its general obligation bonds to acquire property, study, plan, design, develop, construct, reconstruct, renovate, rehabilitate, modernize, preserve, automate, upgrade, landscape and otherwise improve and to acquire books, media and equipment for public libraries?

Library Materials $3,000,000
Library Automation $300,000
Library Building Renovations$125,000
International District Library$2,000,000
Library Projects - Council District 1 $50,000
Library Projects - Council District 3 $100,000
Library Projects - Council District 6$150,000
Library Projects - Council District 7 $75,000
Library Projects - Council District 8$150,000
1% for Public Art $61,000
TOTAL$6,011,000


Street Bonds

Shall the City of Albuquerque issue $32,517,000 of its general obligation bonds to study, design, develop, construct, reconstruct, rehabilitate, renovate, automate, modernize, sign, enhance, landscape and otherwise improve, and to acquire property and equipment for municipal streets and roads, interstate roadways and interchanges, medians, trails, bikeways, walkways, sidewalks, railroad crossings and bridges?

Unser Improvements (Central to I-40)$1,000,000
Alameda Boulevard Widening, I-25 to Louisiana $900,000
Reconstruct Major Streets $2,000,000
Reconstruct Major Intersections$2,000,000
Neighborhood Traffic Management and Advance Transportation Planning & Eng. (Streets) $800,000
Advance Right-of-Way Acquisition (Streets)$900,000
Major Paving Rehabilitation $4,800,000
Intersection Signalization$1,935,000
Albuquerque Traffic Management System/Intelligent Traffic System (ITS)$900,000
Bridge Repair$900,000
Mandatory Traffic Sign Replacement/Pavement Markings (Federal Mandate)$1,100,000
Ladera Road $1,000,000
Safety and Intersection Improvements $2,000,000
Replace Street Maintenance Equipment$1,400,000
Street Lighting$425,000
Median and Interstate Landscaping $1,200,000
Intersection Level of Service (LOS) Project$500,000
ADA Sidewalk Improvements$550,000
Zuni Road Improvements $500,000
Tijeras Bridge Replacement$400,000
12th and Menaul Intersection Improvements$1,150,000
Rio Grande Complete Street - South of I-40$750,000
Uptown Street and Sidewalk Improvements $400,000
Trails and Bikeways (5% Mandate) $1,488,000
Street Projects - Council District 1$590,000
Street Projects - Council District 2$600,000
Street Projects - Council District 3 $300,000
Street Projects - Council District 4 $100,000
Street Projects - Council District 5 $300,000
Street Projects - Council District 6 $250,000
Street Projects - Council District 7$350,000
Street Projects - Council District 8 $250,000
Street Projects - Council District 9 $450,000
1% for Public Art$329,000
TOTAL $32,517,000


Public Transportation Bonds

Shall the City of Albuquerque issue $5,960,000 of its general obligation bonds to design, develop, construct, rehabilitate, renovate, expand, recondition, modernize, automate, study, furnish, enhance and otherwise improve, and to acquire property, vehicles and equipment for public transportation facilities?

Revenue and Support Vehicle Replacement / Expansion $4,500,000
Transit Facility Rehabilitation$250,000
Bus Stop Improvements$47,000
Transit Technology$125,000
Maintenance Equipment Upgrades and Improvements $175,000
High Capacity Corridor Study $803,000
1% for Public Art$60,000
TOTAL $5,960,000


Storm Sewer System Bonds

Shall the City of Albuquerque issue $14,342,000 of its general obligation bonds to plan, design, develop, construct, reconstruct, rehabilitate, renovate, expand, extend, enhance, study, monitor and otherwise improve, and to acquire property and equipment for the storm sewer system?

NPDES Stormwater Quality MS4 Permit Compliance (EPA)$2,000,000
Martineztown Storm Drain Rehabilitation $1,000,000
Storm Drain and Pump Station Rehab $1,900,000
Mid-Valley Storm Drainage Improvements$1,300,000
Loma Hermosa NW Flooding Relief$1,000,000
South Broadway Master Plan Drainage Improvements $1,300,000
Kirtland Air Force Base South Detention Basin $700,000
Arroyo Flash Flood Indication System $250,000
Dallas NE Storm Drain$450,000
Phoenix NE Storm Drain $1,000,000
Storm System Water Quality Facilities and Low Impact Retrofit for Municipal Facilities$1,000,000
Southern Blvd SE Storm Drain$1,100,000
Advanced Planning and Engineering $300,000
Emergency Action Plans and Rehabilitation for City Dams$400,000
Bear Canyon Arroyo Channel Stabilization $500,000
1% for Public Art $142,000
TOTAL$14,342,000


Museum and Cultural Facilities Bonds

Shall the City of Albuquerque issue $1,591,000 of its general obligation bonds to study, design, develop, construct, reconstruct, rehabilitate, renovate, repair, refurbish, modernize, preserve, maintain, expand, enhance, landscape and otherwise improve and to acquire artifacts, exhibits, furnishings and equipment for City-owned museums and cultural facilities?

Balloon Museum Buildings, Facilities, Programs, and Exhibit Systems$150,000
KiMo Theatre Repair and Renovation $100,000
South Broadway Cultural Center Repair and Renovation $50,000
Route 66 Visitors Center $1,000,000
Repairs and Renovation (Albuquerque Museum)$175,000
Albuquerque Museum Collection Development$100,000
1% for Public Art$16,000
TOTAL$1,591,000


Affordable Housing Bonds

Shall the City of Albuquerque issue $3,788,000 of its general obligation bonds in support of the Workforce Housing Act to provide resources for the construction and rehabilitation of high quality, permanently affordable housing for low to moderate working families, including affordable senior rental?

Affordable Housing $3,400,000
Affordable Housing Projects - Council District 2$200,000
Affordable Housing Projects - Council District 7$150,000
1% for Public Art$38,000
TOTAL$3,788,000


Metropolitan Redevelopment Bonds

Shall the City of Albuquerque issue $1,262,000 of its general obligation bonds to plan, design, study, construct, develop, demolish, reconstruct, rehabilitate, renovate, modernize, preserve, secure, expand, equip, landscape, streetscape, repair, enhance, acquire or otherwise improve non-right of way and right of way land, property, facilities or infrastructure owned by the City of Albuquerque for Metropolitan Redevelopment Projects within adopted Metropolitan Redevelopment Areas in order to implement the objectives of the New Mexico Metropolitan Redevelopment Code?

Innovation District/Downtown Improvements$450,000
Rail Yards $300,000
East Gateway$250,000
West Central District 3 $250,000
1% for Public Art$12,000
TOTAL $1,262,000