Ordinance authorizing revenue bonds

NMSA 1978, § 4-48B-21 — under Article 48B.

NMSA 1978, § 4-48B-21

At a regular or special meeting called for the purpose of issuing revenue bonds as authorized pursuant to the Hospital Funding Act, the county commissioners may adopt an ordinance that: A. declares the necessity for issuing revenue bonds; B. authorizes the issuance of revenue bonds by an affirmative vote of a majority of the county commissioners of the county; and C. designates the source of the pledge [pledged] revenues. History: 1978 Comp., § 4-48B-21, enacted by Laws 1981, ch. 83, § 21.