New Mexico Statutes

§ 3-45-4 — Powers

New Mexico·Ch. 3 Municipalities·Art. 45 Municipal Housing

A. Every city, in addition to other powers conferred by the Municipal Housing Law, may:

(1)within its area of operation, prepare, carry out, acquire, purchase, lease, construct, reconstruct, improve, alter, extend or repair any housing project or any part of a housing project and operate and maintain the housing project, and for any of those purposes, the governing body of the city may appropriate money and authorize the use of any property of the city;
(2)purchase its bonds issued pursuant to the Municipal Housing Law at a price not more than the principal amount thereof and accrued interest, all bonds so purchased to be canceled;
(3)lease or rent any dwellings, houses, accommodations, lands, buildings, structures or facilities embraced in any housing project and, subject to the limita

Free access — add to your briefcase to read the full text and ask questions with AI

New Mexico § 3-45-4 (Powers) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

1953 Comp., § 14-46-4, enacted by Laws 1965, ch. 300; 1969, ch. 183, § 1;

Nearby Sections

15
View on official source ↗