A. The district shall file and record with the county clerk the resolution ordering formation of the district, the general plan of the district and the canvass of any general obligation bond election.
B. Upon formation of a district, and within thirty days before June 1 and December 1 of each year, a district shall file and record with the county clerk the notice requirements described in Subsection A of Section 11 [5-11-18.1 NMSA 1978] of this 2013 act and include contact information for the district board.
History: Laws 2001, ch. 305, § 18; 2013, ch. 45, § 7.
The 2013 amendment, effective July 1, 2013, required a public improvement district to file and record with the county clerk notice of obligations to purchasers; and added Subsection B.
Applicability. — Laws 2013, ch. 45, § 12 provided that the provisions of Laws 2013, ch. 45, §§ 1 through 4 and 6 through 10, do not apply to an application for formation of a public improvement district submitted to a governing body prior to January 1, 2014.
Structure 2021 New Mexico Statutes
Chapter 5 - Municipalities and Counties
Article 11 - Public Improvement District
Section 5-11-2.1 - Formation of a public improvement district; application requirements.
Section 5-11-3 - Resolution declaring intention to form district.
Section 5-11-4 - Notice and public hearing.
Section 5-11-5 - Hearing on objections.
Section 5-11-6 - Order forming district; formation determination; election.
Section 5-11-7 - Notice and conduct of election; waiver.
Section 5-11-7.1 - Posting of notices.
Section 5-11-8 - Formation; debt limitation.
Section 5-11-10 - Powers of a public improvement district.
Section 5-11-11 - Perpetual succession.
Section 5-11-12 - Records; board of directors; open meetings.
Section 5-11-13 - Change in district boundaries or general plan.
Section 5-11-14 - Participation by municipality or county.
Section 5-11-15 - Other districts or improvements.
Section 5-11-16 - Project approval.
Section 5-11-18 - Recording documents.
Section 5-11-18.1 - Notice obligations to purchaser; requirements; remedies.
Section 5-11-19 - General obligation bonds; tax levy; exception.
Section 5-11-20 - Special levy; bonds; imposition.
Section 5-11-21 - Revenue bonds; fees and charges.
Section 5-11-22 - Terms of bonds.
Section 5-11-24 - Dissolution of district.
Section 5-11-25 - Limitation of liability.