New Mexico § 5-8-15 Credits against facilities fees

New Mexico Statutes

§ 5-8-15 — Credits against facilities fees

New Mexico § 5-8-15

Ch. 5Municipalities and Counties

Art. 8Land Development Fees and Rights

This text of New Mexico § 5-8-15 (Credits against facilities fees) 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. § 5-8-15 (2026).

Text

Any construction of, contributions to or dedications of on-site or off-site facilities, improvements, or real or personal property with off-site benefits not required to serve the new development, in excess of minimum municipal and county standards established by a previously adopted and valid ordinance or regulation and required by a municipality or county as a condition of development approval shall be credited against impact fees otherwise due from the development. The credit shall include the value of: A. dedication of land for parks, recreational areas, open space trails and related areas and facilities or payments in lieu of that dedication; and B. dedication of rights of way or easements or construction or dedication of on-site water distribution, wastewater collection or drainage f

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Any construction of, contributions to or dedications of on-site or off-site facilities, improvements, or real or personal property with off-site benefits not required to serve the new development, in excess of minimum municipal and county standards established by a previously adopted and valid ordinance or regulation and required by a municipality or county as a condition of development approval shall be credited against impact fees otherwise due from the development. The credit shall include the value of: A. dedication of land for parks, recreational areas, open space trails and related areas and facilities or payments in lieu of that dedication; and B. dedication of rights of way or easements or construction or dedication of on-site water distribution, wastewater collection or drainage facilities, or streets, sidewalks or curbs.