This act [5-5-1 to 5-5-23, 5-5-25 to 5-5-27 NMSA 1978], without reference to other statutes of the state except as herein otherwise specifically provided or necessarily implied, shall constitute full authority for the acquisition, improvement, operation and maintenance of any project and the borrowing of money and the authorization and issuance of bonds hereunder. No other act or law with regard to said purposes that provides for an election, requires an approval or in any way impedes or restricts the carrying out of the acts herein authorized to be done, shall be construed as applying to any proceedings taken hereunder or acts done pursuant hereto, it being intended that this act shall provide a separate method of accomplishing its objectives and not an exclusive one; and this act shall not be construed as repealing, amending or changing any such other act or law.
History: 1953 Comp., § 6-9-25, enacted by Laws 1959, ch. 300, § 25.
Structure 2021 New Mexico Statutes
Chapter 5 - Municipalities and Counties
Article 5 - Joint City-County Building
Section 5-5-2 - Legislative declaration.
Section 5-5-4 - Jointly owned projects.
Section 5-5-5 - Powers of county and city.
Section 5-5-6 - Agreements between county and city.
Section 5-5-7 - Borrowing money and securities evidencing loans.
Section 5-5-8 - Short-term notes.
Section 5-5-9 - Limitations upon incurring debts.
Section 5-5-10 - General obligation bond and debt elections.
Section 5-5-11 - Authorization of bonds.
Section 5-5-12 - Payment of bonds.
Section 5-5-13 - Municipality's limited liability on bonds and recital therein.
Section 5-5-14 - Incontestable recital in bonds.
Section 5-5-15 - Form of bonds.
Section 5-5-16 - Alternate bond form.
Section 5-5-17 - Execution of bonds.
Section 5-5-18 - Sale of bonds.
Section 5-5-19 - Application of proceeds.
Section 5-5-20 - Covenants in bond proceedings.
Section 5-5-21 - Remedies of bondholders.
Section 5-5-23 - Revenue bond charges.
Section 5-5-24 - Pledging of occupation taxes.
Section 5-5-25 - Exemption from taxation.