reglab/housing_qa huggingface dataset:
NM Stat § 5-10-12 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 10 - Local Economic Development|Section 5-10-12 - Plan and project termination.

A. At any time after approval of an economic development plan, the governing body of the local government or the governing body of each local government in a regional government may enact an ordinance terminating the economic development plan and dissolving or terminating any or all public support for economic development projects. An ordinance repealing an economic development plan shall not be effective unless the ordinance provides for satisfying existing contracts and the rights of the parties arising from those contracts.B. Any unexpended and unencumbered balances remaining in any project fund or account upon repeal of a plan and termination of public support for or dissolution of a project may be transferred to the general fund of the local government holding the fund or account. In the case of funds or accounts of a regional government, the unexpended and unencumbered balances shall be divided among the local governments as provided in the joint powers agreement. History: Laws 1993, ch. 297, § 12; 2021, ch. 3, § 8. ANNOTATIONSThe 2021 amendment, effective July 1, 2021, added language related to public support for economic development projects; in Subsection A, after "any or all", added "public support for economic development"; and in Subsection B, after "and termination", added "of public support for".
NM Stat § 5-10-13 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 10 - Local Economic Development|Section 5-10-13 - Limitations.

Nothing in the Local Economic Development Act shall be construed to affect any other requirements of the constitution or other laws regarding local government debt, issuance of bonds, use of tax revenues or the grant, lease or sale of land or other property. History: Laws 1993, ch. 297, § 13. ANNOTATIONSSeverability. — Laws 1993, ch. 297, § 14 provided for the severability of the act if any part or application thereof is held invalid.
NM Stat § 5-10-14 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 10 - Local Economic Development|Section 5-10-14 - Local Economic Development Act fund.

A. The "Local Economic Development Act fund" is created in the state treasury. Income from the fund shall be credited to the fund. Money in the fund shall not revert or be transferred to any other fund at the end of a fiscal year. The department shall administer the fund, and money in the fund is appropriated to the department to pay the cost of administering the fund and for economic development projects pursuant to the Local Economic Development Act. Money in the fund shall be expended on warrants of the department of finance and administration pursuant to vouchers signed by the secretary of economic development.B. The following may be used to provide public support for certain economic development projects of qualifying entities pursuant to Section 2 [5-10-17 NMSA 1978] of this 2021 act and shall be separately accounted for in the fund:(1) fifty percent of the tax revenue attributable to the state gross receipts tax and the state compensating tax, as determined pursuant to Subsection A of Section 2 of this 2021 act, and distributed pursuant to Subsection A of Section 5 [7-1-6.67 NMSA 1978] of this 2021 act; and(2) that portion of the tax revenue attributable to the local option gross receipts tax and county compensating tax imposed by a county and local option gross receipts tax and municipal compensating tax imposed by a municipality dedicated pursuant to Subsection B of Section 2 of this 2021 act and distributed pursuant to Subsection B of Section 5 of this 2021 act.History: Laws 2020, ch. 74, § 1; 2021, ch. 3, § 9; 2021 (1st S.S.), ch. 2, § 1.ANNOTATIONSThe 2021 (1st S.S.) amendment, effective April 7, 2021, provided that a portion of state and local gross receipts and compensating tax revenue imposed on certain economic development projects may be provided as public support for certain projects pursuant to the Local Economic Development Act; and added Subsection B.The 2021 amendment, changed the name of the "Local and Regional Economic Development Support Fund" to the "Local Economic Development Act Fund", deleted language related to the source of money credited to the fund, and revised the permitted uses of the fund; in the section heading, after "Local", deleted "and regional" and deleted "support" and added "act"; deleted "The fund consists of gifts, grants, donations and bequests made to the fund and appropriations made to the department for projects pursuant to the Local Economic Development Act", after "administering the fund and for", deleted "participation in local and regional", and after "economic development projects", deleted "as determined by the department" and added "pursuant to the Local Economic Development Act".Laws 2021, ch. 3, § 9, effective July 1, 2021, and Laws 2021 (1st S.S.), ch. 2, § 1, effective April 7, 2021, both enacted amendments to this section. The section was set out as amended by Laws 2021 (1st S.S.), ch. 2, § 1. See 12-1-8 NMSA 1978.
NM Stat § 5-11-1 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 11 - Public Improvement District|Section 5-11-1 - Short title.

Chapter 5, Article 11 NMSA 1978 may be cited as the "Public Improvement District Act". History: Laws 2001, ch. 305, § 1; 2013, ch. 45, § 1. ANNOTATIONSThe 2013 amendment, effective July 1, 2013, added the NMSA chapter and article for the Public Improvement District Act; and at the beginning of the sentence, deleted "Sections 1 through 27 of this act" and added "Chapter 5, Article 11 NMSA 1978". Applicability. — Laws 2013, ch. 45, § 12 provided that the provisions of Laws 2013, ch. 45, §§ 1 through 4 and 6 through 10, do not apply to an application for formation of a public improvement district submitted to a governing body prior to January 1, 2014.
NM Stat § 5-11-7.1 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 11 - Public Improvement District|Section 5-11-7.1 - Posting of notices.

For any election conducted pursuant to the Public Improvement District Act, in addition to the notice requirements set forth in Section 5-11-7 NMSA 1978, the owners shall ensure that notices shall be posted in three conspicuous public places within the boundaries of the district not less than twenty days before the first day for voting in the election. History: Laws 2019, ch. 212, § 274. ANNOTATIONSEmergency clauses. — Laws 2019, ch. 212, § 286, contained an emergency clause and was approved April 3, 2019.
NM Stat § 5-11-11 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 11 - Public Improvement District|Section 5-11-11 - Perpetual succession.

The district has perpetual succession until terminated pursuant to Section 24 [5-11-24 NMSA 1978] of the Public Improvement District Act. History: Laws 2001, ch. 305, § 11.
NM Stat § 5-11-12 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 11 - Public Improvement District|Section 5-11-12 - Records; board of directors; open meetings.

A. The district shall keep the following records, which shall be open to public inspection: (1) minutes of all meetings of the district board; (2) all resolutions; (3) accounts showing all money received and disbursed; (4) the annual budget; and (5) all other records required to be maintained by law. B. The district board shall appoint a clerk and treasurer for the district. History: Laws 2001, ch. 305, § 12.
NM Stat § 5-11-13 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 11 - Public Improvement District|Section 5-11-13 - Change in district boundaries or general plan.

A. Following formation of the district, an area may be deleted from the district only following a hearing on notice to the owners of land in the district given in the manner prescribed for the formation hearing, adoption of a resolution of intention to do so by the district board, a determination by the owners and voter approval by the qualified electors as provided in the local [Local] Election Act [Chapter 1, Article 22 NMSA 1978] and the Public Improvement District Act. Lands within the district that are subject to the lien of property taxes, special levies or other charges imposed pursuant to the Public Improvement District Act shall not be deleted from the district while there are bonds outstanding that are payable by such taxes, special levies or charges. B. Following formation of the district, an area may be added to the district upon a determination by the owners of land in the proposed addition area and the approval of the qualified electors residing therein, as well as a determination by the owners of land in the district and approval of the qualified electors of the district, as provided in the Local Election Act and the Public Improvement District Act.C. The district board, following a hearing on notice to the owners of real property located in the district given in the manner prescribed for the formation hearing, may amend the general plan in any manner that it determines will not substantially reduce the benefits to be received by any land in the district from the public infrastructure on completion of the work to be performed under the general plan. No election shall be required solely for the purposes of this subsection. History: Laws 2001, ch. 305, § 13; 2019, ch. 212, § 196. ANNOTATIONSThe 2019 amendment, effective April 3, 2019, provided that changes in district boundaries shall comply with provision of the Local Election Act; in Subsection A, after "as provided in", deleted "Sections 6 and 7 of the Public Improvement District Act" and added "the Local Election Act and the Public Improvement District Act"; and in Subsection B, after "qualified electors", deleted "in the same manner as required for the formation of a district" and added "of the district, as provided in the Local Election Act and the Public Improvement District Act".
NM Stat § 5-11-14 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 11 - Public Improvement District|Section 5-11-14 - Participation by municipality or county.

The governing body of the municipality or county by resolution may summarily provide public services to the district or participate in the costs of any public infrastructure purpose. History: Laws 2001, ch. 305, § 14.
NM Stat § 5-11-15 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 11 - Public Improvement District|Section 5-11-15 - Other districts or improvements.

The formation of a district pursuant to the Public Improvement District Act shall not prevent the subsequent establishment of similar districts or the improvement or assessment of land in the district by the municipality or county or the exercise by the municipality or county of any of its powers on the same basis as on all other land in its corporate boundaries. History: Laws 2001, ch. 305, § 15.
NM Stat § 5-11-17 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 11 - Public Improvement District|Section 5-11-17 - Finances.

The projects to be constructed or acquired as shown in the general plan may be financed from the following sources of revenue: A. proceeds received from the sale of bonds of the district; B. money of the municipality or county contributed to the district; C. annual property taxes or special levies; D. state or federal grants or contributions; E. private contributions; F. user, landowner and other fees and charges; G. proceeds of loans or advances; and H. any other money available to the district by law. History: Laws 2001, ch. 305, § 17.
NM Stat § 5-11-18 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 11 - Public Improvement District|Section 5-11-18 - Recording documents.

A. The district shall file and record with the county clerk the resolution ordering formation of the district, the general plan of the district and the canvass of any general obligation bond election. B. Upon formation of a district, and within thirty days before June 1 and December 1 of each year, a district shall file and record with the county clerk the notice requirements described in Subsection A of Section 11 [5-11-18.1 NMSA 1978] of this 2013 act and include contact information for the district board. History: Laws 2001, ch. 305, § 18; 2013, ch. 45, § 7. ANNOTATIONSThe 2013 amendment, effective July 1, 2013, required a public improvement district to file and record with the county clerk notice of obligations to purchasers; and added Subsection B. Applicability. — Laws 2013, ch. 45, § 12 provided that the provisions of Laws 2013, ch. 45, §§ 1 through 4 and 6 through 10, do not apply to an application for formation of a public improvement district submitted to a governing body prior to January 1, 2014.
NM Stat § 5-11-21 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 11 - Public Improvement District|Section 5-11-21 - Revenue bonds; fees and charges.

A. At any time after the hearing on formation of the district, the district board may hold a hearing on the question of authorizing the district board to issue one or more series of revenue bonds of the district to provide money for any public infrastructure purposes consistent with the general plan. B. If revenue bonds are approved by resolution, the district board may issue and sell revenue bonds of the district. C. The revenue bonds may be sold in a public offering or in a negotiated sale; however, if the bonds are to be sold in a public offering, no revenue bonds may be issued by the district unless the revenue bonds receive one of the four highest investment grade ratings by a nationally recognized bond rating agency. D. The district board may pledge to the payment of its revenue bonds any revenues of the district or revenues to be collected by the municipality or county in trust for the district and returned to the district. E. The district shall prescribe fees and charges, and shall revise them when necessary, to generate revenue sufficient, together with any money from the sources described in Section 17 [5-11-17 NMSA 1978] of the Public Improvement District Act, to pay when due the principal and interest of all revenue bonds for the payment of which revenue has been pledged. The establishment or revision of any rates, fees and charges shall be identified and noticed concurrently with the annual budget process of the district pursuant to Section 23 [5-11-23 NMSA 1978] of the Public Improvement District Act. F. If, in the resolution of the district board, the revenues to be pledged are limited to certain types of revenues, only those types of revenues may be pledged and only those revenues shall be maintained. G. No holder of revenue bonds issued pursuant to the Public Improvement District Act may compel any exercise of the taxing power of the district, municipality or county to pay the bonds or the interest on the bonds. Revenue bonds issued pursuant to that act are not a debt of the district, municipality or county, nor is the payment of revenue bonds enforceable out of any money other than the revenue pledged to the payment of the bonds. H. Subject to the requirements of this section, a district may issue revenue bonds at such times and in such amounts as the district deems appropriate to carry out a project in phases. I. Pursuant to this section, the district may issue and sell refunding bonds to refund revenue bonds of the district authorized by the Public Improvement District Act. Refunding bonds issued pursuant to this section shall have a final maturity date no later than the final maturity date of the bonds being refunded. History: Laws 2001, ch. 305, § 21.
NM Stat § 5-11-22 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 11 - Public Improvement District|Section 5-11-22 - Terms of bonds.

For any bonds issued in connection with Section 19, 20 or 21 [5-11-19, 5-11-20 or 5-11-21 NMSA 1978] of the Public Improvement District Act, the district board shall prescribe the denominations of the bonds, the principal amount of each issue and the form of the bonds and shall establish the maturities, which shall not exceed thirty years, interest payment dates and interest rates, whether fixed or variable, not exceeding the maximum rate stated in the notice of the election or the resolution of the district board. The bonds may be sold by competitive bid or negotiated sale for public or private offering at, below or above par. The proceeds of the bonds shall be deposited with the treasurer, or with a trustee or agent designated by the district board, to the credit of the district to be withdrawn for the purposes provided by the Public Improvement District Act. Pending that use, the proceeds may be invested as determined by the district. The bonds shall be made payable as to both principal and interest solely from revenues of the district, and shall specify the revenues pledged for such purposes, and shall contain such other terms, conditions, covenants and agreements as the district board deems proper. The bonds may be payable from any combination of taxes, levies or revenues of the types described in Sections 19, 20 and 21 of the Public Improvement District Act. History: Laws 2001, ch. 305, § 22. ANNOTATIONS
NM Stat § 5-11-24 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 11 - Public Improvement District|Section 5-11-24 - Dissolution of district.

A. The district shall be dissolved by the district board by a resolution of the district board upon a determination that each of the following conditions exist: (1) all improvements owned by the district have been, or provision has been made for all improvements to be, conveyed to the municipality or county in which the district is located; (2) either the district has no outstanding bond obligations or the municipality or county has assumed all of the outstanding bond obligations of the district; and (3) all obligations of the district pursuant to any development agreement with the municipality or county have been satisfied. B. All property in the district that is subject to the lien of district taxes or special levies shall remain subject to the lien for the payment of general obligation bonds and special levy bonds, notwithstanding dissolution of the district. The district shall not be dissolved if any revenue bonds of the district remain outstanding unless an amount of money sufficient, together with investment income thereon, to make all payments due on the revenue bonds either at maturity or prior redemption has been deposited with a trustee or escrow agent and pledged to the payment and redemption of the bonds. The district may continue to operate after dissolution only as needed to collect money and make payments on any outstanding bonds. History: Laws 2001, ch. 305, § 24.
NM Stat § 5-11-25 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 11 - Public Improvement District|Section 5-11-25 - Limitation of liability.

Neither any member of the board of directors of a district nor any person acting on behalf of the district, while acting within the scope of his authority, shall be subject to any personal liability for any action taken or omitted within that scope of authority. History: Laws 2001, ch. 305, § 25.
NM Stat § 5-11-26 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 11 - Public Improvement District|Section 5-11-26 - Cumulative authority.

The Public Improvement District Act shall be deemed to provide an additional and alternative method for the doing of things authorized by that act and shall be regarded as supplemental and additional to powers conferred by other laws and shall not be regarded as in derogation of any powers now existing; provided that the issuance of bonds under the provisions of the Public Improvement District Act need not comply with the requirements of any other law applicable to the issuance of bonds, except the Public Securities Limitation of Action Act [6-14-4 to 6-14-7 NMSA 1978], which shall apply. History: Laws 2001, ch. 305, § 26; 2009, ch. 46, § 4. ANNOTATIONSThe 2009 amendment, effective June 19, 2009, added the exception at the end of the sentence. Home rule municipality. — The provisions of the Public Improvement District Act, 5-11-1 NMSA 1978 et seq., do not expressly limit the legislative powers of a home rule municipality; thus, such a municipality has the authority to enter into a contract, or development agreement, with a private developer to facilitate the construction of retail business establishments. 2002 Op. Att'y Gen. No. 02-02.
NM Stat § 5-11-27 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 11 - Public Improvement District|Section 5-11-27 - Liberal interpretation.

The Public Improvement District Act, being necessary for the welfare of the state and its inhabitants, shall be liberally construed to effect the purposes of that act. History: Laws 2001, ch. 305, § 27. ANNOTATIONSSeverability. — Laws 2001, ch. 305, § 29 provided for the severability of the act if any part or application is held invalid.
NM Stat § 5-12-1 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 12 - Radio Towers|Section 5-12-1 - Amateur radio antennas; limit on regulations.

A. Amateur radio antenna towers constructed prior to the effective date of this section are exempted from subsequent changes in zoning regulations by the municipality or county and may be repaired as required. B. A municipality or county should reasonably accommodate amateur radio service communications by allowing antenna structures to be erected at heights and dimensions sufficient to accommodate amateur radio service communications, but a municipality or county may regulate amateur radio antennas by requiring amateur radio antennas or support structures to meet screening, setback and placement, construction and health and safety standards. However, the regulation should constitute the minimum practicable regulation to accomplish the local municipality's or county's purpose. C. As used in this section, "amateur radio antenna" means an antenna structure operated by a federally licensed amateur radio operator for amateur radio activities and does not mean citizens band or commercial antennas. History: Laws 2002, ch. 90, § 1. ANNOTATIONSEffective date of this section. — The phrase "effective date of this section", referred to in Subsection A, means July 1, 2002, the effective date of Laws 2002, ch. 90, § 1.
NM Stat § 5-13-1 (2021)
2021 New Mexico Statutes|Chapter 5 - Municipalities and Counties|Article 13 - Convention Center Financing|Section 5-13-1 - Short title.

Chapter 5, Article 13 NMSA 1978 may be cited as the "Convention Center Financing Act". History: Laws 2003, ch. 87, § 1; 2014, ch. 15, § 1. ANNOTATIONSCross references. — For the Civic and Convention Center Funding Act, see Chapter 5, Article 14 NMSA 1978. The 2014 amendment, effective May 21, 2014, added the NMSA chapter and article for the Convention Center Financing Act; and at the beginning of the sentence, changed "This act" to "Chapter 5, Article 13 NMSA 1978".