This text of New Mexico § 9-15F-3 (Trade port districts; designation criteria) 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.
A. A private partner or a public partner may propose a specific geographic area for designation as a trade port district pursuant to Subsection B of Section 7 [9-15F-7 NMSA 1978] of the Trade Ports Development Act. B. A proposed trade port district shall meet as many of the following criteria as feasible at the time of designation:
(1)designation by the United States department of transportation as a trade port regional infrastructure accelerator;
(2)the federal designation as a foreign-trade zone or subzone;
(3)the availability of services from the United States customs and border protection;
(4)proximity to a designated federal interstate highway or other four-lane vehicular highway;
(5)proximity to an established or planned trade port corridor system;
(6)proximity to a class 1 rai
Free access — add to your briefcase to read the full text and ask questions with AI
A. A private partner or a public partner may propose a specific geographic area for designation as a trade port district pursuant to Subsection B of Section 7 [9-15F-7 NMSA 1978] of the Trade Ports Development Act. B. A proposed trade port district shall meet as many of the following criteria as feasible at the time of designation: (1) designation by the United States department of transportation as a trade port regional infrastructure accelerator; (2) the federal designation as a foreign-trade zone or subzone; (3) the availability of services from the United States customs and border protection; (4) proximity to a designated federal interstate highway or other four-lane vehicular highway; (5) proximity to an established or planned trade port corridor system; (6) proximity to a class 1 railroad line providing access to international border crossings and major markets and ports on the west coast, gulf coast and east coast of the United States; (7) proximity to an airport that can provide national and international passenger and air freight service; (8) existing infrastructure suitable for redevelopment or expansion through a trade port project; (9) the availability of a qualified labor pool and partnership or collaborative that can address the workforce development needs consistent with job availability within the trade port district, including in a county with an unemployment rate higher than the unemployment rate of New Mexico; (10) the beneficial impact of a trade port district designation on an economically disadvantaged or distressed community, including a county with a poverty rate greater than the poverty rate of New Mexico; (11) the availability of land in a county with a population of one hundred thousand or fewer according to the most recent federal decennial census in parcels large enough to accommodate sufficient trade port projects to constitute an economically viable trade port; (12) the availability of a public partner capable of coordinating development activities within the proposed trade port; and (13) the ability to use state economic development incentive programs for trade port projects pursuant to: (a) improvement districts pursuant to Chapter 3, Article 33 NMSA 1978; (b) the Public Improvement District Act [Chapter 5, Article 11 NMSA 1978]; (c) the Tax Increment for Development Act [Chapter 5, Article 15 NMSA 1978]; (d) the Industrial Revenue Bond Act [Chapter 3, Article 32 NMSA 1978]; (e) the Local Economic Development Act [Chapter 5, Article 10 NMSA 1978]; and (f) the Infrastructure Development Zone Act [Chapter 5, Article 17 NMSA 1978].