The projects to be constructed or acquired as shown in the service plan may be financed from the following sources of revenue:
- A. proceeds received from the sale of bonds of the infrastructure development zone;
- B. money of the municipality or county contributed to the infrastructure development zone;
- C. annual property taxes or special assessments;
- D. state or federal grants or contributions;
- E. private contributions;
- F. user, landowner and other fees, tolls and charges;
- G. proceeds of loans or advances; and
- H. any other money available to the infrastructure development zone by law.
History: Laws 2009, ch. 136, § 26.
ANNOTATIONS
Effective dates. — Laws 2009, ch. 136 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 19, 2009, 90 days after the adjournment of the legislature.