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Bill > SJR7


NM SJR7

NM SJR7
Santa Fe Property Exchange


summary

Introduced
02/11/2026
In Committee
02/17/2026
Crossed Over
02/15/2026
Passed
02/18/2026
Dead

Introduced Session

2026 Regular Session

Bill Summary

A JOINT RESOLUTION RATIFYING AND APPROVING THE EXCHANGE OF REAL PROPERTY BY THE GENERAL SERVICES DEPARTMENT WITH THE CITY OF SANTA FE OF FIVE PARCELS OF STATE-OWNED REAL PROPERTY LOCATED WITHIN THE CITY OF SANTA FE FOR ONE PARCEL OF CITY-OWNED PROPERTY LOCATED WITHIN THE CITY OF SANTA FE.

AI Summary

This joint resolution ratifies and approves an exchange of real property between the General Services Department, which is a state agency responsible for managing state facilities and property, and the City of Santa Fe. The state is transferring five parcels of its land, collectively valued at $6,500,000 and located within the city, to the city in exchange for one parcel of city-owned land, valued at $8,630,000, also located within Santa Fe. This exchange is being undertaken without any additional monetary compensation between the parties, and the resolution formally approves this property trade as required by state law for transactions exceeding a certain value.

Committee Categories

Government Affairs

Sponsors (5)

Last Action

Passed in the House of Representatives - Y:64 N:0 (on 02/18/2026)

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