An improvement district may also be created as authorized in Section 3-33-1 NMSA 1978 in order to construct or acquire, repair, operate and maintain one or more of the following inadequacies necessary to bring a premature subdivision into compliance within an improvement district within a municipality:

1. A. street right-of-way or street access control;
2. B. drainage easements or right-of-way;
3. C. park, recreation, or open space areas;
4. D. overall grading and drainage plan; or
5. E. adequate subdivision grading both on or off the public right-of-way.

History: Laws 1991, ch. 17, § 2.