A. Any class B county of the state having a population of more than ninety-eight thousand but less than one hundred thousand, according to the last federal decennial census, and having a net taxable value for rate-setting purposes for the 1991 property tax year of more than one billion four hundred million dollars ($1,400,000,000) but less than one billion five hundred million dollars ($1,500,000,000) shall be permitted to purchase, own, operate and sell sewer and water utilities. Such class B counties shall not purchase, own, operate or sell any other utilities.
B. In the operation of a sewer or water utility by a class B county, the county shall set just and reasonable rates based on cost of service.
History: 1978 Comp., § 4-36-8, enacted by Laws 1993, ch. 308, § 1.
Structure New Mexico Statutes
Article 36 - Miscellaneous Powers of Counties
Section 4-36-1 - [County public library;] secretary of state to furnish publications.
Section 4-36-2 - County libraries; establishment; contract services; gifts and bequests.
Section 4-36-3 - County power to act as agent; purpose.
Section 4-36-4 - [County property.]
Section 4-36-5 - Firefighting; county may purchase from municipalities.
Section 4-36-6 - Parks; county government acquisition.
Section 4-36-7 - Foreign trade zones.
Section 4-36-8 - Class B county; sewer and water utility.
Section 4-36-10 - Class A county; sewer and water utility; operation authorization.
Section 4-36-11 - Findings; declaration of disaster; powers of county commissions.