reglab/housing_qa huggingface dataset:
NM Stat § 67-3-71 (2021)
2021 New Mexico Statutes|Chapter 67 - Highways|Article 3 - State Transportation Commission|Section 67-3-71 - State highway and transportation department; power to acquire property for transportation systems; power of eminent domain.

The state highway and transportation department may: A. acquire property by purchase, lease, donation, gift, bequest, devise or eminent domain for the purpose of construction and operation of a transportation system; and B. negotiate for the acquisition of property from any person, governmental entity, Indian tribe or Indian pueblo for the construction and operation of a transportation system. History: Laws 1997, ch. 52, § 1. ANNOTATIONSCross references. — For Eminent Domain Code, see Chapter 42A, Article 1 NMSA 1978. Effective dates. — Laws 1997, ch. 52, § 10 makes the act effective July 1, 1997.
NM Stat § 67-3-72 (2021)
2021 New Mexico Statutes|Chapter 67 - Highways|Article 3 - State Transportation Commission|Section 67-3-72 - Transportation bonds.

A. The state transportation commission may determine that interest or necessity demands the issuance of revenue bonds to finance the development and construction of transportation systems and may by resolution make and issue revenue bonds that shall be known as "transportation bonds". The bonds shall be payable solely out of the net income to be derived from the operation of the project, and the commission shall pledge irrevocably such income to the payment of those bonds. The bonds shall not become a general obligation of the state or a political subdivision of the state. B. The proceeds from the sale of transportation bonds shall be used solely for the purpose for which the bonds were issued. C. Transportation bonds shall not be issued pursuant to this section unless the state board of finance approves the issuance of the bonds, the principal amount of the bonds and the maximum net effective interest rate on the bonds. History: Laws 1997, ch. 52, § 2; 2003, ch. 142, § 69. ANNOTATIONSThe 2003 amendment, effective July 1, 2003, substituted "state transportation commission" for "state highway commission". Effective dates. — Laws 1997, ch. 52, § 10 makes the act effective July 1, 1997.
NM Stat § 67-3-73 (2021)
2021 New Mexico Statutes|Chapter 67 - Highways|Article 3 - State Transportation Commission|Section 67-3-73 - Transportation bonds; terms.

Transportation bonds issued by the state transportation commission: A. shall be payable at such times as the commission may provide; B. may be subject to prior redemption at the commission's option at such time and upon such terms and conditions, with or without payment of premiums, as may be provided in the resolution of the commission; C. may mature at any time not exceeding fifty years after the date of issuance; D. may be serial in form and maturity and may consist of one bond payable at one time or in installments or may be in such other form as may be determined by the commission; E. shall be sold for cash at, above or below par and at the effective interest rate approved by the state board of finance; and F. may be sold at a public or private sale. History: Laws 1997, ch. 52, § 3; 2003, ch. 142, § 70. ANNOTATIONSThe 2003 amendment, effective July 1, 2003, substituted "state transportation commission" for "state highway commission". Effective dates. — Laws 1997, ch. 52, § 10 makes the act effective July 1, 1997.
NM Stat § 67-3-74 (2021)
2021 New Mexico Statutes|Chapter 67 - Highways|Article 3 - State Transportation Commission|Section 67-3-74 - Refunding bonds.

A. Transportation bonds issued pursuant to the provisions of Section 67-3-72 NMSA 1978 that are outstanding may be refunded at any time by the state transportation commission upon: (1) the adoption of a resolution providing for the issuance of refunding bonds; and (2) the issuance of the refunding bonds in an amount the commission determines is necessary to refund: (a) the principal of the transportation bonds; (b) all unpaid accrued and unaccrued interest on transportation bonds to the normal maturity date or to selected prior redemption dates of the bonds; (c) any redemption premiums; and (d) all estimated costs, including any commission cost, incidental to the issuance of the refunding bonds, as may be determined by the commission. B. The principal amount of the refunding bonds may be equal to, less than or greater than the principal amount of the bonds so refunded. C. A refunding may be effected, whether the bonds to be refunded have then matured or thereafter mature, either by sale of the refunding bonds and the application of the proceeds thereof for the payment of the bonds to be refunded or by exchange of the refunding bonds for the bonds to be refunded; provided that the bonds to be refunded shall not be canceled without the consent of the holders to surrender their bonds for payment or exchange prior to the date on which they are payable or if they are called for redemption prior to the date on which they are by their terms subject to redemption. D. The refunding bonds issued pursuant to this section shall be payable solely from the revenues out of which transportation bonds may be payable or solely from those amounts derived from an escrow as provided in this section, including amounts derived from the investment of refunding bond proceeds and other legally available amounts also provided in this section or from any combination of those sources. E. Proceeds of refunding bonds shall either be applied immediately to the retirement of the bonds being refunded or be placed in escrow in a commercial bank or trust company that possesses and exercises trust powers. The escrowed proceeds may be invested in short-term securities, long-term securities or both. History: Laws 1997, ch. 52, § 4; 2003, ch. 142, § 71. ANNOTATIONSThe 2003 amendment, effective July 1, 2003, substituted "Section 67-3-72 NMSA 1978" for "Section 2 of this act"; and substituted "state transportation commission" for "state highway commission". Effective dates. — Laws 1997, ch. 52, § 10 makes the act effective July 1, 1997.
NM Stat § 67-3-75 (2021)
2021 New Mexico Statutes|Chapter 67 - Highways|Article 3 - State Transportation Commission|Section 67-3-75 - Transportation bonds eligible for investment.

Transportation bonds issued by the state transportation commission are securities in which public officers and public bodies of this state and its political subdivisions and insurance companies, trust companies, banking associations, investment companies, executors, administrators, trustees and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them. The bonds are securities that may properly and legally be deposited with and be received by a state or political subdivision officer for which the deposit of bonds or obligations of the state is authorized by law. Bonds shall not be eligible for investment or deposit by or with the state or its political subdivisions unless they have been rated AA or higher by an independent nationally recognized bond rating service based solely on the security of the bonds as an investment without resort to a collateral guarantee. History: Laws 1997, ch. 52, § 5; 2003, ch. 142, § 72. ANNOTATIONSThe 2003 amendment, effective July 1, 2003, substituted "state transportation commission" for "state highway commission". Effective dates. — Laws 1997, ch. 52, § 10 makes the act effective July 1, 1997.
NM Stat § 67-3-76 (2021)
2021 New Mexico Statutes|Chapter 67 - Highways|Article 3 - State Transportation Commission|Section 67-3-76 - Transportation bonds; exemption from taxation.

The construction, operation and maintenance of a transportation project by the state transportation commission shall constitute the performance of an essential governmental function. As such, the income from the transportation bonds issued pursuant to Chapter 67, Article 3 NMSA 1978 shall at all times be free from taxation by the state and by its political subdivisions. History: Laws 1997, ch. 52, § 6; 2003, ch. 142, § 73. ANNOTATIONSThe 2003 amendment, effective July 1, 2003, substituted "state transportation commission" for "state highway commission". Effective dates. — Laws 1997, ch. 52, § 10 makes the act effective July 1, 1997.
NM Stat § 67-3-77 (2021)
2021 New Mexico Statutes|Chapter 67 - Highways|Article 3 - State Transportation Commission|Section 67-3-77 - Definition.

As used in Chapter 67, Article 3 NMSA 1978, "transportation system" means facilities used for the transportation of natural resources, manufactured products or passengers and includes communication and transportation structures and other facilities necessary for the operation of the transportation facilities. History: Laws 1997, ch. 52, § 7. ANNOTATIONSEffective dates. — Laws 1997, ch. 52, § 10 makes the act effective July 1, 1997.
NM Stat § 67-4-1 (2021)
2021 New Mexico Statutes|Chapter 67 - Highways|Article 4 - County Highways in General|Section 67-4-1 - Repealed.

ANNOTATIONSRepeals. — Laws 1989, ch. 117, § 3C repeals 67-4-1 NMSA 1978, as enacted by Laws 1917, ch. 38, § 18, relating to general powers of county commissioners, county road fund, and road map, effective March 28, 1989.
NM Stat § 67-4-2 (2021)
2021 New Mexico Statutes|Chapter 67 - Highways|Article 4 - County Highways in General|Section 67-4-2 - [County commissioners succeed to powers and duties of county road superintendents.]

Until the legislature shall otherwise provide the several boards of county commissioners shall succeed to all the powers and duties of the county road superintendents, and all public property in the possession of or under the control of said county road superintendents shall, within fifteen days after the approval of this act [this section], be turned over and delivered to the several boards of county commissioners, and said county road superintendents shall within fifteen days after the approval of this act, make a correct and detailed report to said boards of county commissioners of all pending work, contracts and unpaid accounts or claims due on account of any unfinished work or pending contract or contracts. Nothing herein contained shall be construed to invalidate or repudiate any obligations, contracts or indebtedness lawfully made or created under the provisions of said Chapter 99 of the Session Laws of 1919, but any such contracts or obligations shall be fulfilled and any such indebtedness shall be paid and the payment thereof shall be provided for by the levy of taxes at the time and in the manner contemplated by the laws under which such contracts or obligations were made and such indebtedness created. History: Laws 1921, ch. 11, § 2; C.S. 1929, § 64-501; 1941 Comp., § 58-301a; 1953 Comp., § 55-3-2. ANNOTATIONSCompiler's notes. — Laws 1919, ch. 99, referred to in this section, was repealed by Laws 1921, ch. 11, § 1. Am. Jur. 2d, A.L.R. and C.J.S. references. — 56 Am. Jur. 2d Municipal Corporations, Counties and Other Political Subdivisions § 123. 20 C.J.S. Counties § 63.
NM Stat § 67-4-3 (2021)
2021 New Mexico Statutes|Chapter 67 - Highways|Article 4 - County Highways in General|Section 67-4-3 - [County road superintendent; employment; powers.]

The board of county commissioners of any county in this state may employ a county road superintendent and by resolution provide that such county road superintendent, subject to supervisory powers in the board of county commissioners, shall have charge of all work of construction and maintenance of county roads and bridges, and the purchasing of equipment, materials and supplies therefor. History: Laws 1921, ch. 135, § 1; C.S. 1929, § 64-201; 1941 Comp., § 58-302; 1953 Comp., § 55-3-3. ANNOTATIONSThis section is entitled to reasonable and practical construction, as to employment of road superintendents. State ex rel. Bard v. Board of Cnty. Comm'rs, 1935-NMSC-014, 39 N.M. 119, 41 P.2d 1105. Implied repeal of provisions regarding county surveyor. — As respects right of board of county commissioners to employ county road superintendent, provision of Laws 1891, ch. 33, § 11, requiring all county surveying and engineering on roads and bridges to be performed by county surveyor, was impliedly repealed by this section. State ex rel. Bard v. Board of Cnty. Comm'rs, 1935-NMSC-014, 39 N.M. 119, 41 P.2d 1105. Implications of authority to employ. — Authority to employ implies a choice of employee and a discretion as to terms of employment. State ex rel. Bard v. Board of Cnty. Comm'rs, 1935-NMSC-014, 39 N.M. 119, 41 P.2d 1105. Am. Jur. 2d, A.L.R. and C.J.S. references. — 56 Am. Jur. 2d Municipal Corporations, Counties and Other Political Subdivisions § 123.
NM Stat § 67-4-4 (2021)
2021 New Mexico Statutes|Chapter 67 - Highways|Article 4 - County Highways in General|Section 67-4-4 - County road contracts with state transportation commission.

The board of county commissioners of any county in this state may enter into a contract with the state transportation commission by which all or any part of the work of construction and maintenance of county roads and bridges and the purchasing of equipment, materials and supplies shall be under the direction and control of the state transportation commission and subject to the limitations of Sections 67-4-3 through 67-4-16 NMSA 1978, and such board of county commissioners shall draw warrants payable out of the county road and bridge fund to pay for the same, upon itemized vouchers or estimates certified by the secretary. In the event a county has inadequate equipment and machinery to grade and maintain county roads, upon request by the board of county commissioners and at such times as state equipment and machinery are available in the vicinity and not in use for state purposes, the state transportation commission is authorized to furnish the required equipment and machinery with the operators and personnel required to perform such work in consideration of the actual cost of the gasoline, oil and wages of such operators and personnel involved in the work performed. History: Laws 1921, ch. 135, § 2; C.S. 1929, § 64-202; 1941 Comp., § 58-303; Laws 1945, ch. 102, § 1; 1953 Comp., § 55-3-4; 2003, ch. 142, § 74. ANNOTATIONSThe 2003 amendment, effective July 1, 2003, added the section heading; substituted "state transportation commission" for "state highway commission"; substituted "Sections 67-4-3 through 67-4-16 NMSA 1978" for "this act"; and substituted "secretary" for "state highway engineer". Am. Jur. 2d, A.L.R. and C.J.S. references. — 56 Am. Jur. 2d Municipal Corporations, Counties and Other Political Subdivisions § 494. 20 C.J.S. Counties § 150 et seq.
NM Stat § 67-4-5 (2021)
2021 New Mexico Statutes|Chapter 67 - Highways|Article 4 - County Highways in General|Section 67-4-5 - [Road districts; establishment; road supervisor; appointment; powers.]

A. The board of county commissioners of any county in this state may by resolution duly adopted at any regular meeting of such board, divide their county into road districts composed of two or more contiguous school districts and may appoint a district road supervisor (hereinafter called road supervisor) for each of such road districts, provided that no person shall be appointed to the office of road supervisor for any road district unless his name has been proposed by a petition signed by at least twenty-five percent of the residents of such road district, who have paid a road tax in such road district during the preceding year, and the work of construction and maintenance of county roads and bridges in such road district shall be under the direction and control of the road supervisor of such district, and such road supervisor, subject to the approval of the board of county commissioners of his county, shall purchase the road equipment, materials and supplies for his district. B. Such road supervisor shall hold office until the first day of January next after his appointment and qualifications [qualification]. C. Such road supervisor, before assuming the duties of his office, shall enter into a good and sufficient bond with two or more sureties, in the penal sum of one thousand dollars [($1,000)], conditioned for the honest and faithful performance of the duties of his office. Such bond shall be approved in the same manner as bonds for county officers. D. Each road supervisor shall receive compensation for the actual time he shall be employed in work on county roads and bridges in his road district, at the rate of four dollars ($4.00) per day. Such compensation shall be paid by warrant of the board of county commissioners of the county upon itemized and verified voucher, showing in detail the actual amount and character of work done, and the actual place where done during the day or fraction of day such road supervisor has been engaged. History: Laws 1921, ch. 135, § 3; C.S. 1929, § 64-203; 1941 Comp., § 58-304; 1953 Comp., § 55-3-5. ANNOTATIONSCross references. — For bonds of county officers, see Chapter 10, Article 2 NMSA 1978. Compiler's notes. — The parts of this section providing that the payment of a road tax shall be a qualification for those signing the petition may be obsolete since Code 1915, § 2674, as amended by Laws 1923, ch. 104, § 1, which provided for a road tax, was repealed by Laws 1927, ch. 44, § 1. Sections 73-2-16 and 73-2-17 NMSA 1978 list certain disqualifications for "public road supervisors"; however, they are deemed inapplicable to the supervisor appointed under this section, since the office of road supervisor as it existed at the time the above mentioned sections were enacted was abolished by Laws 1912, ch. 54, § 9. Am. Jur. 2d, A.L.R. and C.J.S. references. — 56 Am. Jur. 2d Municipal Corporations, Counties and Other Political Subdivisions § 13.
NM Stat § 67-4-6 (2021)
2021 New Mexico Statutes|Chapter 67 - Highways|Article 4 - County Highways in General|Section 67-4-6 - [Disbursements from road and bridge fund; county road superintendent's plan.]

In those counties where the county road superintendent's plan is adopted, the county road and bridge fund shall only be paid out upon itemized bills or estimates rendered and approved by the county road superintendent, showing in detail the time, place and character of work done, or in detail the supplies or materials purchased and received for county road and bridge purposes, by warrants drawn by the board of county commissioners on the county road and bridge fund. History: Laws 1921, ch. 135, § 4; C.S. 1929, § 64-204; 1941 Comp., § 58-305; 1953 Comp., § 55-3-6. ANNOTATIONSExpenditures are by board's warrant on approval of the superintendent. State ex rel. Bard v. Board of Cnty. Comm'rs, 1935-NMSC-014, 39 N.M. 119, 41 P.2d 1105. County road fund is intended to be used for the establishment, construction and maintenance of county roads and may not be used for other purposes nor may the same be transferred to other county funds. A highway traffic patrolman is not even remotely connected with the construction and maintenance of county roads and his salary cannot properly be chargeable or disbursed from the county road fund. 1955 Op. Att'y Gen. No. 55-6110.
NM Stat § 67-4-7 (2021)
2021 New Mexico Statutes|Chapter 67 - Highways|Article 4 - County Highways in General|Section 67-4-7 - Disbursements from road fund; state transportation commission plan.

In those counties where the state transportation commission plan is adopted, the county road and bridge funds shall only be paid out upon itemized bills or estimates rendered and approved by the secretary or his assistant showing in detail the time, place and character of work done or the supplies or materials purchased and received for county road and bridge purposes by warrants drawn by the board of county commissioners on the county road and bridge fund. History: Laws 1921, ch. 135, § 5; C.S. 1929, § 64-205; 1941 Comp., § 58-306; 1953 Comp., § 55-3-7; 2003, ch. 142, § 75. ANNOTATIONSThe 2003 amendment, effective July 1, 2003, added the section heading; and substituted "secretary" for "state highway engineer". County road fund is intended to be used for the establishment, construction and maintenance of county roads and may not be used for other purposes nor may the same be transferred to other county funds. A highway traffic patrolman is not even remotely connected with the construction and maintenance of county roads and his salary cannot properly be chargeable or disbursed from the county road fund. 1955 Op. Att'y Gen. No. 55-6110.
NM Stat § 67-4-8 (2021)
2021 New Mexico Statutes|Chapter 67 - Highways|Article 4 - County Highways in General|Section 67-4-8 - [Disbursements from road and bridge fund; road supervisor's plan.]

In those counties where the road supervisor's plan is adopted, county road and bridge funds shall only be paid out upon itemized bills or estimates showing in detail the time, place and character of work done, or in detail the supplies or materials purchased and received for county road and bridge purposes, duly rendered and approved by the road supervisor of the road district in which such work is done or for which such supplies of materials are purchased and received, by warrant drawn by the board of county commissioners on the county road and bridge fund. History: Laws 1921, ch. 135, § 6; C.S. 1929, § 64-206; 1941 Comp., § 58-307; 1953 Comp., § 55-3-8.
NM Stat § 67-4-9 (2021)
2021 New Mexico Statutes|Chapter 67 - Highways|Article 4 - County Highways in General|Section 67-4-9 - Repealed.

ANNOTATIONSRepeals. — Laws 1991, ch. 249, § 1 repeals 67-4-9 NMSA 1978, as enacted by Laws 1921, ch. 135, § 7, relating to adoption of plan for road work, budget, effective June 14, 1991.
NM Stat § 67-4-10 (2021)
2021 New Mexico Statutes|Chapter 67 - Highways|Article 4 - County Highways in General|Section 67-4-10 - Budget contents; limitations.

The budget provided for in Section 67-4-9 NMSA 1978 shall provide for engineering, supervision, superintending, automobile travel expenses and other overhead expenses and for the compensation of county road superintendents in counties where the county road superintendent plan is adopted, for such overhead and other expenses of the state transportation commission in counties where the state transportation commission contract plan is adopted and for the compensation of road supervisors where the road supervisor plan is adopted. The total expenditures for all the foregoing purposes in any one fiscal year shall not exceed ten percent of the total county road and bridge budget up to and including fifty thousand dollars ($50,000) and five percent of the budget in excess of fifty thousand dollars ($50,000) and up to and including seventy-five thousand dollars ($75,000) and two and one-half percent of the budget in excess of seventy-five thousand dollars ($75,000). History: Laws 1921, ch. 135, § 9; C.S. 1929, § 64-209; 1941 Comp., § 58-309; 1953 Comp., § 55-3-10; 2003, ch. 142, § 76. ANNOTATIONSThe 2003 amendment, effective July 1, 2003, added the section heading; and substituted "state transportation commission" for "state highway commission". No limit is placed upon superintendent's compensation under this section. State ex rel. Bard v. Board of Cnty. Comm'rs, 1935-NMSC-014, 39 N.M. 119, 41 P.2d 1105. Salary of road overseers should be included in the 10% overhead. 1921 Op. Att'y Gen. No. 21-3036.