New Mexico legislator denies conflict of interest

Posted at: 07/24/2014 9:16 AM
By: The Associated Press

SANTA FE, N.M. (AP) - A New Mexico legislator denies having a conflict of interest in voting for the state to sell a Santa Fe building and later getting a contract to broker its sale.
Democratic Sen. Phil Griego of San Jose tells the Santa Fe New Mexican that he didn't get the contract until a month after the legislative session ended.
Other legislators say state officials told them the sale was necessary because the building cost more to maintain than it made for the state. The building formerly housed the New Mexico Conservation Corps.
The Inn of Five Graces had a lease with a right of first purchase and bought the property for $570,000, $70,000 above the appraised value.
The Santa Fe Reporter first reported Griego's role in the sale of the building.

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