The state Transportation Department needs to improve its planning. The Associated Press reported that the state sold a piece of land next to an Albuquerque interchange for $306,000 in 2005, but bought it back for triple that price per square foot just four years later.
Even when the state sold the land, top officials were seeking money to expand the interchange. Those plans came to fruition, and the state needed the old land back. It was a bad deal for taxpayers.
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