A local government may elect by resolution to use the procedures set forth in the Tax Increment Law [3-60A-19 through 3-60A-24 NMSA 1978] for funding metropolitan redevelopment projects. Such procedures may be used in addition to or in conjunction with other methods provided by law for funding such projects. History: Laws 1979, ch. 391, § 20; 2018, ch. 60, § 19; 2023, ch. 112, § 3.
Alternative funding method
NMSA 1978, § 3-60A-20 — under Article 60A.
NMSA 1978, § 3-60A-20