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New Mexico Statutes Annotated 1978

11

Public Improvement District

State of New Mexico

5-11-1Short title 5-11-2Definitions 5-11-2.1Formation of a public improvement district; application requirements 5-11-3Resolution declaring intention to form district 5-11-4Notice and public hearing 5-11-5Hearing on objections 5-11-6Order forming district; formation determination; election 5-11-7Notice and conduct of election; waiver 5-11-7.1Posting of notices 5-11-8Formation; debt limitation 5-11-9Appointment of directors; qualifications; terms; resumption of governance by governing body 5-11-10Powers of a public improvement district 5-11-11Perpetual succession 5-11-12Records; board of directors; open meetings 5-11-13Change in district boundaries or general plan 5-11-14Participation by municipality or county 5-11-15Other districts or improvements 5-11-16Project approval 5-11-17Finances 5-11-18Recording documents 5-11-18.1Notice obligations to purchaser; requirements; remedies 5-11-19General obligation bonds; tax levy; exception 5-11-20Special levy; bonds; imposition 5-11-21Revenue bonds; fees and charges 5-11-22Terms of bonds 5-11-23District taxes; annual financial estimate; annual financial estimate and budget; certification to local government division 5-11-24Dissolution of district 5-11-25Limitation of liability 5-11-26Cumulative authority 5-11-27Liberal interpretation