A. The board, in conformance with the state water plan and pursuant to the provisions of the Water Project Finance Act, shall prioritize the planning and financing of water projects required to implement the plan.
B. The board shall identify opportunities to leverage federal and other funding.
C. The board shall utilize the resources of its member agencies and entities whenever possible in implementing the state water plan.
History: Laws 2003, ch. 131, § 2 and Laws 2003, ch. 137, § 2.
Duplicate laws. — Laws 2003, ch. 131, § 2 and Laws 2003, ch. 137, § 2, both effective June 20, 2003, enacted identical new sections.
Structure New Mexico Statutes
Article 4A - Water Project Finance
Section 72-4A-1 - Short title.
Section 72-4A-2 - Findings and purpose.
Section 72-4A-3 - Definitions.
Section 72-4A-4 - Water trust board created.
Section 72-4A-5 - Board; duties.
Section 72-4A-5.1 - Implementation of state water plan.
Section 72-4A-6 - Authority; duties.
Section 72-4A-7 - Conditions for grants and loans.
Section 72-4A-8 - Water trust fund; created; investment; distribution.
Section 72-4A-9 - Water project fund; created; purpose.
Section 72-4A-9.1 - Acequia project fund.