New Mexico Statutes
Article 55A - County Improvement Districts
Section 4-55A-4.1 - Improvement district; additional purpose.

An improvement district may also be created as authorized in Chapter 4, Article 55A NMSA 1978 in order to construct, repair or maintain improvements in one or more locations as a means to stimulate manufacturing, industrial, commercial or business development or to construct or acquire, repair, operate and maintain one or more of the following inadequacies necessary to bring a premature subdivision into compliance within an improvement district within a municipality:
A. street right-of-way or street access control;
B. drainage easements or right-of-way;
C. park, recreation or open-space areas;
D. overall grading and drainage plan; and
E. adequate subdivision grading both on or off the public right-of-way.
History: Laws 1991, ch. 17, § 4; Laws 1991, ch. 199, § 34.
Compiler's notes. — Laws 1991, ch. 17, § 4 and Laws 1991, ch. 199, § 34 enacted similar versions of this section. The section was set out as enacted by Laws 1991, ch. 199, § 34. See 12-1-8 NMSA 1978. The introductory paragraph in the Laws 1991, ch. 17, § 4 version read "An improvement district may also be created as authorized in Section 4-55A-3 NMSA 1978 in order to construct or acquire, repair, operate and maintain one or more of the following inadequacies necessary to bring a premature subdivision into compliance within an improvement district within a county". The only other difference was that in the Laws 1991, ch. 17, § 4 version "or" instead of "and" appeared at the end of Subsection D.

Structure New Mexico Statutes