Subject to the limitation and in accordance with Article 9 of the constitution of New Mexico, any municipality may issue and dispose of negotiable bonds thereof, for the purposes of securing funds for the acquisition or construction of an airport or any part of an airport and the rights and properties used and connected with the airport in the manner provided for in Sections 3-30-1 through 3-30-9 NMSA 1978.
History: 1953 Comp., ยง 14-40-25, enacted by Laws 1965, ch. 300.
Structure New Mexico Statutes
Article 39 - Municipal Airports
Section 3-39-1 - Municipal Airport Law.
Section 3-39-2 - Purpose of law.
Section 3-39-4 - Municipal airports.
Section 3-39-5 - Planning and zoning laws.
Section 3-39-6 - Irrepealable bond ordinance.
Section 3-39-7 - Refunding bonds.
Section 3-39-8 - Impairment of payment.
Section 3-39-9 - Terms of bonds.
Section 3-39-10 - Sale, exchange and details of bonds.
Section 3-39-11 - Construction.
Section 3-39-12 - Additional security.
Section 3-39-13 - Foreclosure.
Section 3-39-14 - Legal investments.
Section 3-39-15 - Tax exemptions.
Section 3-39-16 - [Municipal Airport Zoning Law.]
Section 3-39-17 - Definitions.
Section 3-39-18 - Airport hazards not in public interest.
Section 3-39-19 - Preparation of airport approach plans.
Section 3-39-20 - Adoption of airport zoning regulations.
Section 3-39-21 - Permits and variances.
Section 3-39-22 - Zoning regulations; procedure.
Section 3-39-23 - Judicial review.
Section 3-39-24 - Enforcement and remedies.
Section 3-39-25 - Removal of airport obstructions by municipalities.