N.M. Stat. Ann. § 5-7-6 – Ordinance authorizing fire district bonds; two-thirds majority required

A. At a regular or special meeting called for the purpose of issuing fire district bonds as authorized in Section 3 [5-7-3 NMSA 1978] of the Fire District Bond Act, the governing body may adopt an ordinance that:
1. (1) declares the necessity for issuing fire district bonds;
2. (2) authorizes the issuance of fire district bonds by an affirmative vote of two-thirds of all the members of the governing body; and
3. (3) designates the source of the pledged revenues.

History: Laws 1983, ch. 162, § 6.

Compiler's notes. — This section was enacted without a Subsection B.