New Mexico Statutes
§ 3-60A-20 — Alternative funding method
A local government may elect by resolution to use the procedures set forth in the Tax Increment Law [3-60A-19 through 3-60A-24 NMSA 1978] for funding metropolitan redevelopment projects. Such procedures may be used in addition to or in conjunction with other methods provided by law for funding such projects.
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Legislative History
Laws 1979, ch. 391, § 20; 2018, ch. 60, § 19; 2023, ch. 112, § 3.
Nearby Sections
15
§ 3-1-1
Municipalities; short title§ 3-1-2
Definitions§ 3-1-6
Final day to act§ 3-10-4
Repealed§ 3-10-5
Repealed§ 3-10-8
Officers; delivery of records§ 3-11-1
Applicability