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Code · New Mexico · Chapter 3 — Municipalities · Article 33 — Improvement Districts

3-33-7. Improvement district; powers of and restrictions upon a

189 words·~1 min read·/nm/chapter-3-municipalities/article-33-improvement-districts/3-33-7·

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county.
A. An H class county or incorporated county which constructs, acquires, operates or maintains a utility pursuant to Section 3-33-6 NMSA 1978 may exercise all of the powers exercised by a municipality which constructs, acquires, operates or maintains a utility pursuant to Section 3-24-1 or 3-25-2 NMSA 1978.
B. An H class county or incorporated county which constructs, acquires, operates or maintains a utility pursuant to Section 3-33-6 NMSA 1978 shall be subject to all of the restrictions and limitations as a municipality which constructs, acquires, operates or maintains a utility pursuant to Section 3-24-1 or 3-25-2 NMSA 1978 except:
(1)the H class county or incorporated county need not hold an election prior to the construction of the utility; and
(2)the H class county or incorporated county need not finance the utility by revenue bonds.
C. If an H class county or incorporated county seeks to acquire an existing utility through the creation of indebtedness, the question shall be submitted to a vote pursuant to the procedures established in Section 3-23-2 NMSA 1978.
History: 1953 Comp., § 14-32-3.4, enacted by Laws 1975, ch. 81, § 3.
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