Neither the Pollution Control Revenue Bond Act nor anything herein contained shall be construed as a restriction or limitation upon any powers which a municipality might otherwise have under any laws of this state, but shall be construed as cumulative; and the Pollution Control Revenue Bond Act shall not be construed as requiring an election by the voters of a municipality prior to the issuance of bonds hereunder by such municipality, and all other laws of the state relative to public contracts and properties shall have no application to projects or bonds issued under this act.
History: 1953 Comp., § 14-60-13, enacted by Laws 1973, ch. 397, § 13.
Structure 2021 New Mexico Statutes
Article 59 - Pollution Control Revenue Bonds
Section 3-59-2 - Pollution Control Revenue Bond Act; definitions.
Section 3-59-3 - Legislative intent.
Section 3-59-4 - Additional powers conferred on municipalities.
Section 3-59-5 - Bonds issued to finance projects.
Section 3-59-6 - Security for bonds.
Section 3-59-7 - Requirements respecting lease, or agreement of sale.
Section 3-59-8 - Refunding bonds.
Section 3-59-9 - Use of proceeds from sale of bonds.
Section 3-59-10 - No contribution by municipality.
Section 3-59-11 - Bonds made legal investments.
Section 3-59-12 - Exemption from taxation.
Section 3-59-13 - Construction of act.
Section 3-59-14 - Proceedings for issuance and sale of bonds; no notice or publication required.