New Mexico § 3-63-7 Ordinance creating the district

New Mexico Statutes

§ 3-63-7 — Ordinance creating the district

New Mexico § 3-63-7

Ch. 3Municipalities

Art. 63Business Improvement Districts

This text of New Mexico § 3-63-7 (Ordinance creating the district) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 3-63-7 (2026).

Text

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.

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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.