The exercise by the city or other state public body of the powers herein granted may be authorized by resolution of the governing body of such state public body adopted by a majority of the members of its governing body present at a meeting of said governing body, which resolution may be adopted at the meeting at which such resolution is introduced. Such a resolution or resolutions shall take effect immediately and need not be laid over or published or posted.
History: 1953 Comp., ยง 14-46-22, enacted by Laws 1965, ch. 300.
Structure 2021 New Mexico Statutes
Article 45 - Municipal Housing
Section 3-45-1 - Municipal Housing Law; short title.
Section 3-45-2 - Finding and declaration of necessity.
Section 3-45-5 - Creation of authority.
Section 3-45-6 - Prohibited actions.
Section 3-45-7 - Removal of commissioners.
Section 3-45-8 - Eminent domain.
Section 3-45-9 - Operation not for profit.
Section 3-45-10 - Sales, rentals and tenant selection.
Section 3-45-12 - Form and sale of bonds; interest on certain obligations.
Section 3-45-13 - Provisions of bonds and trust indentures.
Section 3-45-14 - Construction of bond provisions.
Section 3-45-15 - Certification of attorney general.
Section 3-45-16 - Remedies of an obligee.
Section 3-45-17 - Additional remedies conferrable to an obligee.
Section 3-45-18 - Exemption of property from execution sale.
Section 3-45-19 - Exemption of property from taxation.
Section 3-45-20 - Aid from state or federal government.
Section 3-45-21 - Cooperation in undertaking housing projects or affordable housing programs.
Section 3-45-22 - Procedure for exercising powers.
Section 3-45-23 - Supplemental nature of the Municipal Housing Law.
Section 3-45-24 - Housing bonds; legal investments; security; negotiable.