New Mexico Statutes

§ 5-8-2 — Definitions

New Mexico § 5-8-2
JurisdictionNew Mexico
Ch. 5Municipalities and Counties
Art. 8Land Development Fees and Rights

This text of New Mexico § 5-8-2 (Definitions) 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. § 5-8-2 (2026).

Text

As used in the Development Fees Act: A. "affordable housing" means any housing development built to benefit those whose income is at or below eighty percent of the area median income; and who will pay no more than thirty percent of their gross monthly income towards such housing; B. "approved land use assumptions" means land use assumptions adopted originally or as amended under the Development Fees Act; C. "assessment" means a determination of the amount of an impact fee; D. "capital improvement" means any of the following facilities that have a life expectancy of ten or more years and are owned and operated by or on behalf of a municipality or county:

(1)water supply, treatment and distribution facilities; wastewater collection and treatment facilities; and storm water, drainage and flo

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Legislative History

Laws 1993, ch. 122, § 2.

Nearby Sections

15
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Cite This Page — Counsel Stack

Bluebook (online)
New Mexico § 5-8-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/5/5-8-2.