ALBUQUERQUE, N.M. (KRQE) – City councilors could vote Monday night to start saving millions of dollars to buy park land.
Under the bill proposed, the city would set aside 3-percent of the bond money voters approve every couple years for projects around Albuquerque. That would mean about $4 million set aside for purchasing open space.
The bill says with Albuquerque’s economy struggling, now is the time to buy land cheap.
“Open space is priority by the administration and the city for this generation and future generations. Albuquerque lives in a land with incredible serene environments and it’s a priority for the city to make open space available to its residents,” said Gilbert Montaño.
This idea is similar to the 1-percent for the Arts B where 1-percent of bond money is set aside to put up locally made art and sculptures around town.