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City of Santa Fe General Obligation Bond Question: Midtown Capital Improvements

Santa Fe city, New Mexico
My vote power: High

What does this measure do?

Supports: Public Infrastructure

Santa Fe would borrow up to $5 million to plan, build, and improve buildings, infrastructure, and public spaces on the city-owned Midtown property. City property owners would repay it through property taxes.

Read the official ballot measure (PDF)

Proposed by: Santa Fe Governing Body (Resolution 2026-32, Mayor Michael J. Garcia and 5 councilors)

The mayor and elected City Council approved it on Aug. 12, 2026. It would let the city borrow money, paid back with property taxes. New Mexico law requires voter approval for this.

Source: santafenm.gov

A YES vote means

The city borrows up to $5 million for the Midtown property, repaid through property taxes.

A NO vote means

The city does not borrow the money for Midtown.

No financial records found for this ballot measure.

Sources: santafenm.gov2