New Mexico Statutes

§ 5-16-6 — Powers of the district

New Mexico·Ch. 5 Municipalities and Counties·Art. 16 Regional Spaceport District

A. A district is a body politic and corporate. In addition to other powers granted to the district pursuant to the Regional Spaceport District Act, the district may:

(1)have perpetual existence, except as otherwise provided in the contract;
(2)sue and be sued;
(3)enter into contracts and agreements affecting the affairs of the district;
(4)pledge all or a portion of the revenues to the payment of bonds of the authority; and (5) construct, in connection with the authority, a regional spaceport within the boundaries of the district. B. After the creation of a district, the board may include property within or exclude property from the boundaries of the district in the manner provided in this section. Property shall not be included within the boundaries of the district unless it is within

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Legislative History

Laws 2006, ch. 15, § 6.

Nearby Sections

15
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