New Mexico Statutes
Chapter 3 - Municipalities
Article 63 - Business Improvement Districts

Section 3-63-1 - Short title. - This act [3-63-1 to 3-63-16 NMSA 1978] may be cited...

Section 3-63-2 - Purpose of act. - The purpose of the Business Improvement District Act is to:...

Section 3-63-3 - Definitions. - As used in the Business Improvement District Act: A. "business"...

Section 3-63-4 - District creation; purpose; improvement; authority. - A district may be created pursuant to the Business Improvement...

Section 3-63-5 - District; authority; creation. - A. A district shall assess a business improvement benefit fee...

Section 3-63-6 - Creation by petition. - A. Whenever ten or more business owners comprising at least...

Section 3-63-7 - Ordinance creating the district. - The ordinance to create a district shall include: A. a...

Section 3-63-8 - Repealed. - Repeals. — Laws 1999, ch. 204, § 8 repealed 3-63-8...

Section 3-63-9 - Planning group. - Upon the initiation of a proposed district, the council shall...

Section 3-63-10 - Notice and hearing. - A. The notice of public hearing required by the Business...

Section 3-63-11 - Management committee; creation; duties. - A. The council, upon adoption of an ordinance creating a...

Section 3-63-12 - Issuance and sale of bonds. - A. An incorporated municipality shall have power to issue business...

Section 3-63-13 - Annual assessment; special account. - A. The council, upon recommendation of the management committee, may...

Section 3-63-14 - Assessments; terms of payment; liens; foreclosure. - A. The council shall by ordinance: (1) establish the time...

Section 3-63-15 - District review. - The council shall review each district every five years, and...

Section 3-63-16 - Business improvement benefit fee distribution. - The business improvement benefit fee shall be distributed to the...