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Section 3-33-4.1 - Improvement district; additional purpose.

NM Stat § 3-33-4.1 (2019) (N/A)
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An improvement district may also be created as authorized in Chapter 3, Article 33 NMSA 1978:

A. in order to construct, repair or maintain improvements in one or more locations as a means to stimulate manufacturing, industrial, commercial or business development; or

B. by any municipality with a boundary contiguous to an international boundary to construct, repair or maintain international port of entry facilities in one or more locations as a means to stimulate manufacturing, industrial, commercial or business development.

History: 1978 Comp., § 3-33-4.1, enacted by Laws 1991, ch. 199, § 5; 1992, ch. 98, § 1.

The 1992 amendment, effective July 1, 1992, added the Subsection A designation, added Subsection B, and made a related stylistic change.

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