An obligee of a city shall have the right in addition to all other rights which may be conferred upon such obligee, subject only to any contractual restrictions binding upon such obligee:
A. by mandamus, suit, action or proceedings at law or in equity to compel said city and the officers, agents or employees thereof to perform each and every term, provision and covenant contained in any contract of said city with or for the benefit of such obligee and to require the carrying out of any or all such covenants and agreements of said city and the fulfillment of all duties imposed under said city by the Municipal Parking Law; and
B. by suit, action or proceeding in equity, to enjoin any acts or things which may be unlawful, or in violation of any of the rights of such obligee of said city.
History: 1953 Comp., ยง 14-51-16, enacted by Laws 1965, ch. 300.
Structure 2021 New Mexico Statutes
Article 50 - Municipal Parking
Section 3-50-1 - Municipal Parking Law; short title.
Section 3-50-2 - Finding and declaration of necessity.
Section 3-50-4 - Creation of parking authorities.
Section 3-50-5 - Powers of city.
Section 3-50-6 - Interested officers and employees.
Section 3-50-7 - Planning, zoning and building laws.
Section 3-50-8 - Lease of parking facilities; bids.
Section 3-50-9 - Power to issue bonds.
Section 3-50-10 - Liability on bonds.
Section 3-50-11 - Types of bonds; sources from which payable.
Section 3-50-12 - Form and sale of bonds.
Section 3-50-13 - Provisions of bonds and trust indentures.
Section 3-50-14 - Construction of bond provisions.
Section 3-50-15 - Examination of bond issue by attorney general.
Section 3-50-16 - Remedies of an obligee.
Section 3-50-17 - Additional remedies conferrable to an obligee.
Section 3-50-18 - Bonds; exemption from taxation.
Section 3-50-19 - Aid from federal government.
Section 3-50-20 - Contracts; leases; increase of revenue.