The New Mexico exposition center authority oversight committee shall:
A. monitor and oversee the operation of the authority;
B. meet on a regular basis to receive and review reports from the authority on implementation of the provisions of the New Mexico Exposition Center Authority Act and to review and approve rules proposed for adoption by the authority;
C. oversee and monitor proposed projects for the exposition center in participating jurisdictions;
D. provide advice and assistance to the authority and cooperate with the executive branch of state government and participating jurisdictions on planning, setting priorities for and financing of projects for the exposition center; and
E. report its findings and recommendations, including recommended legislation, to the governor and to each session of the legislature. The report and proposed legislation shall be made available on or before December 15 each year.
History: Laws 2005, ch. 342, § 22.
Effective dates. — Laws 2005, ch. 342, § 24 made the act effective April 7, 2005.
Structure 2021 New Mexico Statutes
Article 25A - New Mexico Exposition Center Authority
Section 6-25A-1 - Short title.
Section 6-25A-2 - Legislative findings.
Section 6-25A-3 - Definitions.
Section 6-25A-5 - Powers of the authority.
Section 6-25A-6 - Purchases in name of the authority; documentation.
Section 6-25A-7 - Bonds of the authority; use; security.
Section 6-25A-8 - Bonds; authorization for issuance; terms and conditions.
Section 6-25A-9 - Bonds secured by trust indenture.
Section 6-25A-10 - Publication of notice; validation; limitation of action.
Section 6-25A-11 - Refunding bonds.
Section 6-25A-12 - Remedies of bondholders.
Section 6-25A-13 - Agreement of the state.
Section 6-25A-14 - Bonds; legal investment for public officers and fiduciaries.
Section 6-25A-15 - Tax exemption.
Section 6-25A-16 - Money of the authority; expenses; audit; annual report.
Section 6-25A-17 - Corporate existence.
Section 6-25A-18 - Prohibited actions.
Section 6-25A-19 - Conflicts of interest; penalty.
Section 6-25A-20 - Cumulative authority.
Section 6-25A-21 - New Mexico exposition authority oversight committee.