Chapter 3 — Chapter 3
1,017 sections in this chapter.
NMSA 1978, § 3-65-4 Authorization of surcharge; use of proceeds
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A. A municipality may impose a stadium surcharge by majority vote of the governing body. If a stadium surcharge has been imposed, the municipality shall include a stadium surcharge in each vendor contract, and each vendor contract shall be signed by the chief executive officer. B…
NMSA 1978, § 3-65-5 Collection of surcharge; remittance to the municipality
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A. Every vendor shall collect the stadium surcharge on behalf of the municipality and shall act as a trustee therefor. B. The stadium surcharge shall be collected by vendors from the users of products or services subject to the surcharge. Users shall be charged separately for the…
NMSA 1978, § 3-65-6 Audits
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A municipality shall provide by ordinance a method to either audit or otherwise ensure that vendors subject to the stadium surcharge collect and remit to the treasurer of the municipality the full amount of the surcharge receipts due to the municipality. History: Laws 2001, ch. 2…
NMSA 1978, § 3-65-7 Enforcement; penalties
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A. An action to enforce the imposition and collection of a stadium surcharge by a vendor may be brought by a municipality. B. A district court may issue an appropriate judgment, order or remedy to enforce the provisions of a vendor contract. C. Any judgment issued by a district c…
NMSA 1978, § 3-65-8 Authorization of project
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A. Pursuant to the provisions of Section 6-21-6 NMSA 1978, the legislature authorizes the authority to make a loan from the public project revolving fund to a municipality to acquire land for and to design, purchase, construct, remodel, renovate, rehabilitate, improve, equip or f…
NMSA 1978, § 3-65-9 Cumulative and complete authority
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The Minor League Baseball Stadium Funding Act shall be deemed to provide an additional and alternative method for obtaining funding for a minor league baseball stadium, establishing the stadium surcharge and completing the acts authorized thereby and shall be regarded as suppleme…
NMSA 1978, § 3-66-1 Short title
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Sections 3 through 11 [3-66-1 to 3-66-11 NMSA 1978] of this act may be cited as the "Municipal Event Center Funding Act". History: Laws 2005, ch. 351, § 3.
NMSA 1978, § 3-66-10 Liberal interpretation
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The Municipal Event Center Funding Act shall be liberally construed to carry out its purpose. History: Laws 2005, ch. 351, § 12.
NMSA 1978, § 3-66-11 Severability
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If any part or application of the Municipal Event Center Funding Act is held invalid, the remainder or its application to other situations or persons shall not be affected. History: Laws 2005, ch. 351, § 13.
NMSA 1978, § 3-66-2 Findings and purpose
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A. The legislature finds that: (1) the costs of acquiring land for and of designing, purchasing, constructing, remodeling, rehabilitating, renovating, improving, equipping, furnishing, operating and maintaining municipal event centers have increased to a level that local financia…
NMSA 1978, § 3-66-3 Definitions
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As used in the Municipal Event Center Funding Act: A. "bonds" means revenue bonds issued by a municipality to pay for some or all of the costs of acquiring land for and designing, purchasing, constructing, remodeling, rehabilitating, renovating, improving, equipping and furnishin…
NMSA 1978, § 3-66-4 Authorization of surcharge and other fees; use of proceeds;
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transfer. A. A municipality in which a municipal event center is located may establish by ordinance an event center surcharge of not less than five percent of each vendor contract entered into by that municipality. As otherwise established by that municipality, the event center s…
NMSA 1978, § 3-66-5 Collection of event center surcharge; remittance to
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municipality. A. Upon the sale of a product or service subject to the event center surcharge, a vendor shall collect the event center surcharge from the purchaser of that product or service on behalf of the municipality and shall act as a trustee for the surcharge receipts. A pur…
NMSA 1978, § 3-66-6 Audits
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A municipality shall provide by ordinance a method to audit or otherwise ensure that vendors subject to the event center surcharge collect and remit to the treasurer of the municipality the full amount of the surcharge receipts due to the municipality. History: Laws 2005, ch. 351…
NMSA 1978, § 3-66-7 Enforcement; penalties
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A. An action to enforce the imposition and collection of an event center surcharge by a vendor may be brought by a municipality. B. A district court may issue an appropriate judgment, order or remedy to enforce the provisions of a vendor contract. C. A judgment issued by a distri…
NMSA 1978, § 3-66-8 Issuance of bonds
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A. A municipality may issue revenue bonds, in accordance with the procedures set forth in Sections 3-31-3 through 3-31-7 NMSA 1978, to acquire land for and to design, purchase, construct, remodel, renovate, rehabilitate, improve, equip or furnish a municipal event center. B. Reve…
NMSA 1978, § 3-66-9 Cumulative and complete authority
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The Municipal Event Center Funding Act shall be deemed to provide an additional and alternative method for obtaining funding for a municipal event center, establishing and collecting event center revenues and the event center surcharge and completing the acts authorized pursuant …