New Mexico Statutes
§ 5-8-30 — Periodic update of land use assumptions and capital
improvements plan required.
A.A municipality or county imposing an impact fee shall update the land use assumptions and capital improvements plan at least every five years. The initial five- year period begins on the day the capital improvements plan is adopted.
B.The municipality or county shall review and evaluate its current land use assumptions and shall cause an update of the capital improvements plan to be prepared in accordance with the Development Fees Act.
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Legislative History
Laws 1993, ch. 122, § 30.
Nearby Sections
15
§ 5-10-1
Short title§ 5-10-12
Plan and project termination§ 5-10-13
Limitations§ 5-10-14
Local Economic Development Act fund§ 5-10-2
Findings and purpose of act§ 5-10-3
Definitions