Chapter 3 — Chapter 3
1,017 sections in this chapter.
NMSA 1978, § 3-57-7 [Petition to district court;] service and publication of notice
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A copy of the petition and the order setting the petition down for hearing shall be served upon the county and each county commissioner, upon the clerk of the municipality, and published once a week for three weeks. Service shall be completed, and the first publication made, not …
NMSA 1978, § 3-57-8 Trial and judgment
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The municipality and any owner of real property in such territory may appear in such action and present evidence and argument on all issues involved. During the trial, the district court may take notice of generally recognized technical or scientific facts within the specialized …
NMSA 1978, § 3-57-9 Formation of local public bodies
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No local public body shall be organized within a five-mile radius of the corporate limits of the municipality having the greatest number of inhabitants in a class A county, unless the governing body of such municipality consents thereto. No local public body shall be organized be…
NMSA 1978, § 3-58-1 Short title
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This act [3-58-1 and 3-58-2 NMSA 1978] may be cited as the "Economic Development Promotion Act." History: 1953 Comp., § 14-59-1, enacted by Laws 1968, ch. 68, § 1.
NMSA 1978, § 3-58-2 Authority to utilize revenues
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The governing board of any municipality or county may budget and utilize revenues for economic development promotion only upon approval by a majority of all of the members of the governing board. History: 1953 Comp., § 14-59-2, enacted by Laws 1968, ch. 68, § 2; 1981, ch. 80, § 1…
NMSA 1978, § 3-59-1 Short title
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This act [3-59-1 to 3-59-14 NMSA 1978] may be cited as the "Pollution Control Revenue Bond Act." History: 1953 Comp., § 14-60-1, enacted by Laws 1973, ch. 397, § 1.
NMSA 1978, § 3-59-10 No contribution by municipality
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No municipality shall have the power to pay out of its general funds or otherwise contribute any part of the costs of acquiring a project and shall not have the power to use land already owned by the municipality, or in which the municipality has an equity, for construction there…
NMSA 1978, § 3-59-11 Bonds made legal investments
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Bonds issued under the provisions of the Pollution Control Revenue Bond Act shall be legal investments for savings banks and insurance companies organized under the laws of this state and shall be eligible for pledging as collateral for public deposits. History: 1953 Comp., § 14-…
NMSA 1978, § 3-59-12 Exemption from taxation
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The bonds authorized by the Pollution Control Revenue Bond Act and the income from said bonds, all mortgages or other security instrument executed as security for said bonds, all lease agreements made pursuant to the provisions hereof and revenue derived from any lease or sale by…
NMSA 1978, § 3-59-13 Construction of act
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Neither the Pollution Control Revenue Bond Act nor anything herein contained shall be construed as a restriction or limitation upon any powers which a municipality might otherwise have under any laws of this state, but shall be construed as cumulative; and the Pollution Control R…
NMSA 1978, § 3-59-14 Proceedings for issuance and sale of bonds; no notice or
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publication required. Issuance and sale of bonds pursuant to the Pollution Control Revenue Bond Act shall be authorized by ordinance adopted by the governing body of the municipality issuing the bonds, which ordinance shall determine the maximum aggregate principal amount, maximu…
NMSA 1978, § 3-59-2 Pollution Control Revenue Bond Act; definitions
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Wherever used in the Pollution Control Revenue Bond Act, unless a different meaning clearly appears in the context, the following terms, whether used in the singular or plural, shall be given the following respective interpretations: A. "municipality" means any incorporated munic…
NMSA 1978, § 3-59-3 Legislative intent
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It is the intent of the legislature by the passage of the Pollution Control Revenue Bond Act to authorize municipalities to acquire, own, lease or sell projects for the purpose of reducing, abating or preventing pollution, including, but not limited to, removing pollutants, conta…
NMSA 1978, § 3-59-4 Additional powers conferred on municipalities
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In addition to any other powers which it may now have, each municipality shall have the following powers: A. to acquire, whether by construction, purchase, gift or lease, one or more projects which shall be located within this state and which may be located within or without the …
NMSA 1978, § 3-59-5 Bonds issued to finance projects
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Bonds issued by a municipality under authority of the Pollution Control Revenue Bond Act shall not be the general obligation of the municipality within the meaning of Article 9, Sections 12 and 13 of the constitution of New Mexico. The bonds shall be payable solely out of the rev…
NMSA 1978, § 3-59-6 Security for bonds
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The principal of and interest on any bonds issued under the authority of the Pollution Control Revenue Bond Act shall be secured by a pledge of the revenues out of which such bonds shall be made payable, may be secured by a mortgage covering all or any part of the project or proj…
NMSA 1978, § 3-59-7 Requirements respecting lease, or agreement of sale
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Prior to the leasing, selling or other disposition of any project or projects, the governing body must determine and find the following: A. the amount necessary in each year to pay the principal of and the interest on the bonds proposed to be issued to finance part or all of the …
NMSA 1978, § 3-59-8 Refunding bonds
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Any bonds issued hereunder and at any time outstanding may at any time and from time to time be refunded by a municipality by the issuance of its refunding bonds in such amounts as the governing body may deem necessary. The amount of such refunding bonds may be the same as, less …
NMSA 1978, § 3-59-9 Use of proceeds from sale of bonds
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The proceeds from the sale of any bonds issued under authority of the Pollution Control Revenue Bond Act shall be applied only for the purpose for which the bonds were issued; provided, that any accrued interest and premiums received in any such sale shall be applied to the payme…
NMSA 1978, § 3-60-1 Repealed
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History: 1953 Comp., § 14-62-1, enacted by Laws 1975, ch. 341, § 1; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-10 Repealed
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History: 1953 Comp., § 14-62-10, enacted by Laws 1975, ch. 341, § 10; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-11 Repealed
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History: 1953 Comp., § 14-62-11, enacted by Laws 1975, ch. 341, § 11; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-12 Repealed
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History: 1953 Comp., § 14-62-12, enacted by Laws 1975, ch. 341, § 12; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-13 Repealed
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History: 1953 Comp., § 14-62-13, enacted by Laws 1975, ch. 341, § 13; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-14 Repealed
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History: 1953 Comp., § 14-62-14, enacted by Laws 1975, ch. 341, § 14; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-15 Repealed
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History: 1953 Comp., § 14-62-15, enacted by Laws 1975, ch. 341, § 15; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-16 Repealed
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History: 1953 Comp., § 14-62-16, enacted by Laws 1975, ch. 341, § 16; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-17 Repealed
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History: 1953 Comp., § 14-62-17, enacted by Laws 1975, ch. 341, § 17; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-18 Repealed
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History: 1953 Comp., § 14-62-18, enacted by Laws 1975, ch. 341, § 18; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-19 Repealed
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History: 1953 Comp., § 14-62-19, enacted by Laws 1975, ch. 341, § 19; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-2 Repealed
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History: 1953 Comp., § 14-62-2, enacted by Laws 1975, ch. 341, § 2; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-20 Repealed
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History: 1953 Comp., § 14-62-20, enacted by Laws 1975, ch. 341, § 20; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-21 Repealed
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History: 1953 Comp., § 14-62-21, enacted by Laws 1975, ch. 341, § 21; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-22 Repealed
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History: 1953 Comp., § 14-62-22, enacted by Laws 1975, ch. 341, § 22; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-23 Repealed
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History: 1953 Comp., § 14-62-23, enacted by Laws 1975, ch. 341, § 23; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-24 Repealed
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History: 1953 Comp., § 14-62-24, enacted by Laws 1975, ch. 341, § 24; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-25 Repealed
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History: 1953 Comp., § 14-62-25, enacted by Laws 1975, ch. 341, § 25; 1979, ch. 319, § 2; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-26 Repealed
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History: 1953 Comp., § 14-62-26, enacted by Laws 1975, ch. 341, § 26; 2007, ch. 46, § 5; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-27 Repealed
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History: 1953 Comp., § 14-62-27, enacted by Laws 1975, ch. 341, § 27; 1981, ch. 125, § 41; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-28 Repealed
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History: 1953 Comp., § 14-62-28, enacted by Laws 1975, ch. 341, § 28; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-29 Repealed
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History: 1953 Comp., § 14-62-29, enacted by Laws 1975, ch. 341, § 29; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-3 Repealed
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History: 1953 Comp., § 14-62-3, enacted by Laws 1975, ch. 341, § 3; 1979, ch. 315, § 1; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-30 Repealed
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History: 1953 Comp., § 14-62-30, enacted by Laws 1975, ch. 341, § 30; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-31 Repealed
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History: 1953 Comp., § 14-62-31, enacted by Laws 1975, ch. 341, § 31; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-32 Repealed
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History: 1953 Comp., § 14-62-32, enacted by Laws 1975, ch. 341, § 32; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-33 Repealed
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History: 1953 Comp., § 14-62-33, enacted by Laws 1975, ch. 341, § 33; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-34 Repealed
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History: 1953 Comp., § 14-62-34, enacted by Laws 1975, ch. 341, § 34; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-35 Repealed
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History: 1953 Comp., § 14-62-35, enacted by Laws 1975, ch. 341, § 35; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-36 Repealed
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History: 1953 Comp., § 14-62-36, enacted by Laws 1975, ch. 341, § 36; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.
NMSA 1978, § 3-60-37 Repealed
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History: 1953 Comp., § 14-62-37, enacted by Laws 1975, ch. 341, § 37; repealed by Laws 2007, ch. 329, § 7 and Laws 2007, ch. 330, § 7.