New Mexico Statutes

§ 3-63-7 — Ordinance creating the district

New Mexico·Ch. 3 Municipalities·Art. 63 Business Improvement Districts
The ordinance to create a district shall include: A. a list of improvements to be provided by the district; B. the amount of benefit estimated to be conferred on each tract or parcel of real property; C. a description of the real property or businesses to be assessed a business improvement benefit fee; D. the assessment method to be used to finance the improvements of the district; E. the amount of the assessment to be imposed on each real property owner; and F. the terms of members, method of appointment and duties of the management committee for the district.

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

New Mexico § 3-63-7 (Ordinance creating the district) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Laws 1988, ch. 32, § 7; 1999, ch. 204, § 4.

Nearby Sections

15
View on official source ↗