Chapter 6 — Chapter 6
753 sections in this chapter.
NMSA 1978, § 6-35-7.1 Authorization of issuance of bonds
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The legislature authorizes and approves the district to issue bonds, pursuant to the provisions of Paragraph (5) of Subsection C of Section 6-35-7 NMSA 1978, in an amount not to exceed ninety-two million dollars ($92,000,000) in net proceeds of the five hundred million dollars ($…
NMSA 1978, § 6-35-8 Refunding bonds
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A. After issuing bonds in accordance with the State Fairgrounds District Act, the board may, subject to the provisions of Section 9 [6-35-9 NMSA 1978] of the State Fairgrounds District Act, issue refunding bonds for the purpose of refinancing, paying and discharging all or any pa…
NMSA 1978, § 6-35-9 Tax modifications; bond terms; expiration
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A. Nothing in the State Fairgrounds District Act shall prohibit the legislature from modifying any tax, including increasing or decreasing a tax. The terms and conditions of any bond issued by the district pursuant to that act shall explicitly provide that the repayment of such b…