reglab/housing_qa huggingface dataset:
NM Stat § 4-62-3.1 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 62 - Revenue Bonds|Section 4-62-3.1 - Exemption from taxation.

The bonds authorized by Chapter 4, Article 62 NMSA 1978 and the income from the bonds or any mortgages or other instruments executed as security for the bonds shall be exempt from all taxation by the state or any political subdivision of the state. History: Laws 2001, ch. 126, § 2. ANNOTATIONSEffective dates. — Laws 2001, ch. 126 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 15, 2001, 90 days after adjournment of the legislature.
NM Stat § 4-62-5 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 62 - Revenue Bonds|Section 4-62-5 - Revenue bonds not general county obligations; authentication.

A. Revenue bonds or refunding revenue bonds issued as authorized in Chapter 4, Article 62 NMSA 1978 are: (1) not general obligations of the county; and (2) collectible only from the proper pledged revenues, and each bond shall state that it is payable solely from the proper pledged revenues and that the bondholders may not look to any other county fund for the payment of the interest and principal of the bonds. B. The bonds shall be executed by the chairman of the governing body and treasurer or the clerk and may be authenticated by any public or private transfer agent or registrar, or its successor, named or otherwise designated by the governing body. The bonds may be executed as provided under the Uniform Facsimile Signature of Public Officials Act [6-9-1 to 6-9-6 NMSA 1978], and the coupons, if any, shall bear the facsimile signature of the treasurer of the county. History: 1978 Comp., § 4-62-5, enacted by Laws 1992, ch. 95, § 5.
NM Stat § 4-62-6 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 62 - Revenue Bonds|Section 4-62-6 - Revenue bonds; mandatory rates for non-utility revenue-producing projects; mandamus; impairment of payment.

A. The governing body of any county issuing non-utility revenue bonds as authorized in Chapter 4, Article 62 NMSA 1978 shall establish rates for services rendered by or use of the applicable non-utility revenue-producing project to provide revenue sufficient to pay the following or, where applicable to a revenue-producing project, to enter into leases or other agreements sufficient to provide revenues that are sufficient to pay the following: (1) all reasonable expenses of operation; and (2) all principal of and interest on the revenue bonds as those amounts come due. B. In the event the governing body fails or refuses to establish rates for the applicable non-utility revenue-producing project, or to enter into a lease or other agreement where applicable to a non-utility revenue-producing project, any bondholder may apply to the district court for a mandatory order requiring the governing body to establish rates or to enter into such applicable leases or agreements that will provide revenues adequate to meet the requirements of this section. C. Any law that authorized the pledge of any or all of the pledged revenues to the payment of any revenue bonds issued pursuant to Chapter 4, Article 62 NMSA 1978 or that affects the pledged revenues, or any law supplemental thereto or otherwise appertaining thereto, shall not be repealed or amended or otherwise modified in such a manner as to impair any outstanding revenue bonds, unless such outstanding revenue bonds have been discharged in full or provision has been fully made therefor. History: 1978 Comp., § 4-62-6, enacted by Laws 1992, ch. 95, § 6.
NM Stat § 4-62-7 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 62 - Revenue Bonds|Section 4-62-7 - Revenue bonds; refunding authorization.

A. Any county having issued revenue bonds as authorized in Sections 4-62-1 through 4-62-6 NMSA 1978 or pursuant to any other laws enabling the governing body of any county having issued revenue bonds payable only out of the pledged revenue may issue refunding revenue bonds for the purpose of refinancing, paying and discharging all or any part of the outstanding bonds of any outstanding issues: (1) for the acceleration, deceleration or other modification of the payment of such obligations, including without limitation any capitalization of any interest thereon in arrears or about to become due for any period not exceeding one year from the date of the refunding bonds; (2) for the purpose of reducing interest costs or effecting other economies; (3) for the purpose of modifying or eliminating restrictive contractual limitations pertaining to the issuance of additional bonds, otherwise concerning the outstanding bonds or to any facilities relating thereto; or (4) for any combination of such purposes. B. The county may pledge irrevocably for the payment of interest and principal on refunding bonds the appropriate pledged revenues that may be pledged to an original issue of bonds as provided in Section 4-62-1 NMSA 1978. This section permits the pledge of revenues from one source to the payment of bonds that refund bonds payable from a different source of revenue. C. Bonds for refunding and bonds for any purpose permitted by Section 4-62-1 NMSA 1978 may be issued separately or issued in combination in one or more series. History: 1978 Comp., § 4-62-7, enacted by Laws 1992, ch. 95, § 7; 1998, ch. 10, § 1. ANNOTATIONSThe 1998 amendment, effective February 19, 1998, in Subsection B, deleted "Nothing in" from the beginning of the second sentence and made a minor capitalization change.
NM Stat § 4-62-9 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 62 - Revenue Bonds|Section 4-62-9 - Refunding revenue bonds; terms.

County refunding revenue bonds: A. may have interest, appreciated principal value or any part thereof payable at intervals or at maturity as may be determined by the governing body; B. may be subject to prior redemption at the county's option at such time and upon such terms and conditions with or without the payment of a premium as may be determined by the governing body; C. may be serial in form and maturity or may consist of a single bond payable in one or more installments or may be in such other form as may be determined by the governing body; and D. shall be exchanged for the bonds and any matured unpaid interest being refunded at not less than par or sold at public or negotiated sale at, above or below par and at a price that results in a net effective interest rate that does not exceed the maximum permitted by the Public Securities Act [6-14-1 to 6-14-3 NMSA 1978]. History: 1978 Comp., § 4-62-9, enacted by Laws 1992, ch. 95, § 9; 1995, ch. 141, § 12. ANNOTATIONSThe 1995 amendment, effective April 5, 1995, deleted "in the ordinance" following "body" at the end of Subsection A, and substituted "determined by the governing body" for "provided by ordinance" in Subsection B.
NM Stat § 4-62-10 (2021)
2021 New Mexico Statutes|Chapter 4 - Counties|Article 62 - Revenue Bonds|Section 4-62-10 - Refunding revenue bonds; ordinance; resolution.

A. At any regular or special meeting called for the purpose of issuing refunding revenue bonds, the governing body by a majority vote of all the members of the governing body may adopt an ordinance authorizing the issuance of the refunding revenue bonds. B. At any regular or special meeting called for the purpose of issuing and selling refunding revenue bonds to the New Mexico finance authority, the governing body by an affirmative vote of a majority of all the members of the governing body may adopt a resolution authorizing issuance and sale of the refunding revenue bonds to the New Mexico finance authority pursuant to Subsection C of Section 4-62-4 NMSA 1978. History: 1978 Comp., § 4-62-10, enacted by Laws 1992, ch. 95, § 10; 1995, ch. 141, § 13. ANNOTATIONSThe 1995 amendment, effective April 5, 1995, designated the existing language as Subsection A and added Subsection B.
NM Stat § 5-2-1 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 2 - Television Translator Stations|Section 5-2-1 - Television translator stations; construction by political subdivisions.

Any county or municipality in the state is authorized to appropriate annually from its general fund a reasonable sum for the acquisition, construction, improvement or maintenance of translator stations for the purpose of receiving and transmitting television broadcasting signals. History: 1953 Comp., § 11-6-41, enacted by Laws 1975, ch. 311, § 1.
NM Stat § 5-2-2 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 2 - Television Translator Stations|Section 5-2-2 - Appropriation prohibited.

No county or municipality shall appropriate from its general fund to acquire, improve or maintain any translator station originally or hereafter constructed or presently or hereafter licensed and maintained by a commercial television station. History: 1953 Comp., § 11-6-42, enacted by Laws 1975, ch. 311, § 2.
NM Stat § 5-3-1 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 3 - Auditoriums|Section 5-3-1 - Definitions.

The following terms wherever used or referred to in this act [5-3-1 to 5-3-8 NMSA 1978] shall have the following meanings unless a different meaning clearly appears from the context. A. The term "municipality" shall mean any incorporated county, city, town or village in the state of New Mexico, having a population of at least five thousand. B. The term "auditorium" shall mean a public auditorium or building of a similar nature used for general civic purposes. C. The term "bonds" shall mean bonds, notes, temporary bonds, interim certificates, negotiable instruments or any other evidences of indebtedness of any nature whatsoever. History: Laws 1935, ch. 51, art. 1, § 1; 1941 Comp., § 6-301; 1953 Comp., § 6-3-1. ANNOTATIONSAm. Jur. 2d, A.L.R. and C.J.S. references. — 56 Am. Jur. 2d Municipal Corporations, Counties, and Other Political Subdivisions § 543. Exemption from taxation of municipally owned or operated stadium, auditorium, and similar property, 16 A.L.R.2d 1376. Maintenance of auditorium, community recreational center, building, or the like, by municipal corporation as governmental or proprietary function for purposes of tort liability, 47 A.L.R.2d 544. 20 C.J.S. Counties §§ 145 to 149; 63 C.J.S. Municipal Corporations §§ 950 to 972.
NM Stat § 5-3-3 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 3 - Auditoriums|Section 5-3-3 - [Auditorium revenue bonds; mortgage or lien to secure payment.]

Whenever it shall be declared necessary by the governing body, by ordinance duly adopted, as hereinafter provided, municipalities are hereby authorized to make and issue revenue bonds, payable solely out of the net income to be derived from the operation of an auditorium, and to pledge irrevocably, such income to the payment thereof, and to execute a mortgage or other lien upon the auditorium premises to secure the payment of said bonds. History: Laws 1935, ch. 51, art. 1, § 3; 1941 Comp., § 6-303; 1953 Comp., § 6-3-3. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Section contemplates special fund arising solely from sources separate and apart from general taxation and that the site upon which the auditorium would rest should not be acquired by purchase or otherwise with funds arising in whole or in part from general taxation. Wiggs v. City of Albuquerque, 1952-NMSC-013, 56 N.M. 214, 242 P.2d 865. "Debt" within constitutional prohibition created. — The mortgage lien on municipal auditoriums declared by this section creates a "debt" within the prohibition found in N.M. Const., art. IX, § 12, except as the creation of same may have received an approving vote by referendum. Wiggs v. City of Albuquerque, 1952-NMSC-013, 56 N.M. 214, 242 P.2d 865.
NM Stat § 5-3-4 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 3 - Auditoriums|Section 5-3-4 - [Terms and conditions of bonds; sale.]

Revenue bonds issued under the provisions of this act [5-3-1 to 5-3-8 NMSA 1978] shall bear interest at not to exceed four and one-half (4 ) per cent per annum, payable annually or semiannually, shall be payable at the option of such municipality at the end of ten years from date thereof; and due by their terms in not more than twenty years from date thereof; as determined by the municipality; shall be serial in form and maturity and numbered from one upward, consecutively, and shall be sold for cash, at not less than par, and at either public or private sale. History: Laws 1935, ch. 51, art. 1, § 4; 1941 Comp., § 6-304; 1953 Comp., § 6-3-4. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Am. Jur. 2d, A.L.R. and C.J.S. references. — 20 C.J.S. Counties §§ 222 to 225; 64A C.J.S. Municipal Corporations § 1684.
NM Stat § 5-3-5 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 3 - Auditoriums|Section 5-3-5 - [Issuance of bonds; execution.]

Governing bodies of municipalities issuing bonds under the provisions of this act [5-3-1 to 5-3-8 NMSA 1978], may authorize the issuance thereof by ordinance adopted by the affirmative vote of two-thirds of all the members of said governing bodies, at either regular or special meeting called for that purpose, wherein the necessity thereof shall be declared and, when issued, shall be signed by the mayor or other executive head and attested by the clerk of said governing body, with the seal of said municipality affixed thereto. History: Laws 1935, ch. 51, art. 1, § 5; 1941 Comp., § 6-305; 1953 Comp., § 6-3-5. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Am. Jur. 2d, A.L.R. and C.J.S. references. — 64A C.J.S. Municipal Corporations § 1699.
NM Stat § 5-3-6 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 3 - Auditoriums|Section 5-3-6 - [Lease of auditorium by municipality.]

That any municipality shall have power to lease any auditorium from the United States of America, the president of the United States of America, the federal emergency administration, the public works administration or such other federal or state agency or agencies as heretofore or may hereafter be designated or created by the United States or the state of New Mexico, and to make contract or contracts of lease with such agencies for the use, occupation and maintenance of such auditorium at such rental and upon such terms and conditions as shall be agreed upon by the parties. History: Laws 1935, ch. 51, art. 1, § 6; 1941 Comp., § 6-306; 1953 Comp., § 6-3-6. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Constitutionality of lending to other governmental agency. — New Mexico Const., art. IX, § 14, has no application where the lending of credit is under legislative sanction by one subordinate governmental agency to another governmental agency. Wiggs v. City of Albuquerque, 1952-NMSC-013, 56 N.M. 214, 242 P.2d 865. Am. Jur. 2d, A.L.R. and C.J.S. references. — 20 C.J.S. Counties § 148; 63 C.J.S. Municipal Corporations § 1041.
NM Stat § 5-3-7 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 3 - Auditoriums|Section 5-3-7 - [Ratification of issuance and sale of bonds by electorate.]

That where any of the federal or state agencies specified in Paragraph 3 of this act purchase bonds from any municipality as defined herein, for the purpose of enabling such municipality to purchase, improve, erect and maintain public auditoriums, whether the said bonds be issued hereunder or under the provisions of any other act, and such federal or state agency requires that the issuance and sale of such bonds shall be thereafter submitted to the people for ratification and approval, the municipality shall have and it hereby is given the power to pledge to such federal or state agency the good faith of the municipality that said municipality will submit to the vote of the people therein at the time and in the manner required by the constitution of New Mexico the ratification and approval of the issuance and sale of such bonds by such municipality. History: Laws 1935, ch. 51, art. 1, § 7; 1941 Comp., § 6-307; 1953 Comp., § 6-3-7. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Compiler's notes. — "Paragraph 3 of this act" evidently refers to Section 6 of the act, compiled as 5-3-6 NMSA 1978. Intention to purchase bonds necessary to charge discrimination. — A person who did not suggest that he might become a purchaser of any bond under proposed bond issue could not complain that statute authorizing issuance and sale of revenue bonds to raise funds for building a municipal auditorium was discriminatory. Wiggs v. City of Albuquerque, 1952-NMSC-013, 56 N.M. 214, 242 P.2d 865. Am. Jur. 2d, A.L.R. and C.J.S. references. — 20 C.J.S. Counties § 221; 64A C.J.S. Municipal Corporations § 1664 et seq.
NM Stat § 5-3-8 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 3 - Auditoriums|Section 5-3-8 - [Public Works Act not affected.]

Nothing herein contained shall be construed to affect in any way any of the provisions of Chapter 6 of the Laws of 1934. History: Laws 1935, ch. 51, art. 1, § 8; 1941 Comp., § 6-308; 1953 Comp., § 6-3-8. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Compiler's notes. — Laws 1934, ch. 6, referred to in this section, is not compiled in NMSA 1978 since it was enacted to implement the National Industrial Recovery Act which was declared unconstitutional in A.L.A. Schechter Poultry Corp. v. United States, 295 U.S. 495, 55 S. Ct. 837, 79 L. Ed. 1570, 97 A.L.R. 947 (1935).
NM Stat § 5-3-10 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 3 - Auditoriums|Section 5-3-10 - [Use of auditorium.]

Such public auditorium or building shall be used only for public purposes and shall not be leased, occupied or used for commercial purposes. History: Laws 1927, ch. 29, § 2; C.S. 1929, § 90-2102; 1941 Comp., § 6-310; 1953 Comp., § 6-3-10. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
NM Stat § 5-3-11 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 3 - Auditoriums|Section 5-3-11 - Counties authorized to issue bonds and erect public auditoriums.

The board of county commissioners of the several counties in this state having a population of twenty-five thousand are hereby authorized and empowered to issue the bonds of such counties for the purpose of acquiring suitable sites for public auditoriums within their counties, and for the building of such auditoriums. Such public auditoriums are declared to be necessary public buildings. History: 1941 Comp., § 6-311, enacted by Laws 1941, ch. 101, § 1; 1953 Comp., § 6-3-11; Laws 1955, ch. 254, § 1. ANNOTATIONSGenerally. — This section unequivocally and clearly states that only counties having a population in excess of 25,000 are authorized to issue county auditorium bonds. 1953 Op. Att'y Gen. No. 53-5782. Am. Jur. 2d, A.L.R. and C.J.S. references. — Auditorium or stadium as public purpose for which public funds may be expended or taxing power exercised, 173 A.L.R. 415. 20 C.J.S. Counties § 218.
NM Stat § 5-3-12 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 3 - Auditoriums|Section 5-3-12 - [Application of courthouse building laws.]

The proceedings for calling, holding and canvassing the results of an election to determine whether such bonds are to be issued, the manner of issuance and the terms and provisions of such bonds, the sale thereof, the levy of taxes for the payment thereof, and the manner and time of payment thereof shall all be the same as is now or may hereafter be provided by law with respect to bonds issued for the purpose of building courthouses, and, in general, all of the provisions of law with respect to county courthouse bonds shall, so far as applicable, apply to the bonds herein authorized. History: 1941 Comp., § 6-312, enacted by Laws 1941, ch. 101, § 2; 1953 Comp., § 6-3-12. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Am. Jur. 2d, A.L.R. and C.J.S. references. — 20 C.J.S. Counties § 221.
NM Stat § 5-3-13 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 3 - Auditoriums|Section 5-3-13 - [Federal aid and other donations authorized.]

The respective boards of county commissioners of such counties are authorized and empowered to seek and obtain, if possible, from the United States government, or any department or agency thereof, financial aid and assistance to carry into effect the purposes hereof. Such boards of county commissioners are also authorized and empowered in their discretion to accept gifts and donations of any kind or character from any source whatsoever, including, but not limited to, a site for any such auditorium. History: 1941 Comp., § 6-313, enacted by Laws 1941, ch. 101, § 3; 1953 Comp., § 6-3-13. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
NM Stat § 5-3-14 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 3 - Auditoriums|Section 5-3-14 - [Contracting power.]

The boards of county commissioners of the several counties are hereby authorized and empowered to enter into any and all contracts and to do and perform any and all things necessary and proper to carry into effect the provisions hereof. History: 1941 Comp., § 6-314, enacted by Laws 1941, ch. 101, § 4; 1953 Comp., § 6-3-14. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
NM Stat § 5-3-15 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 3 - Auditoriums|Section 5-3-15 - [Supervision and control of auditorium.]

Any auditorium constructed pursuant hereto shall be under the supervision and control of the board of county commissioners of the county wherein it is located, and shall be maintained and used for such purposes as the boards of county commissioners may from time to time determine. History: 1941 Comp., § 6-315, enacted by Laws 1941, ch. 101, § 5; 1953 Comp., § 6-3-15. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Am. Jur. 2d, A.L.R. and C.J.S. references. — Auditorium: maintenance of auditorium, community recreational center, building or the like by municipal corporation as governmental or proprietary function for purposes of tort liability, 47 A.L.R.2d 544. 20 C.J.S. Counties § 147.
NM Stat § 5-4-1 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 4 - Playgrounds and Recreational Equipment|Section 5-4-1 - [Governmental unit subject to act.]

This act [5-4-1 to 5-4-9 NMSA 1978] shall apply to all municipalities, counties and school districts of the state of New Mexico. History: 1941 Comp., § 71-1001, enacted by Laws 1945, ch. 67, § 1; 1953 Comp., § 6-4-1. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Am. Jur. 2d, A.L.R. and C.J.S. references. — Liability of local government entity for injury resulting from use of outdoor playground equipment at municipally owned park or recreation area, 73 A.L.R.4th 496.