Signed
Summary
The Senate Joint Resolution approves a property swap where the state’s General Services Department gives five parcels of land in Santa Fe’s Midtown Campus to the City of Santa Fe, and the city gives one larger parcel on Cerrillos Road in return. No cash changes hands, and the exchange is valued at roughly $6.5 million for the state land and $8.6 million for the city land. The resolution fulfills a legal requirement that any state real‑estate transaction over $550,000 be ratified by the legislature.
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