2006 New Mexico Statutes - Section 3-46-13 — Definition; rehabilitation; conservation.

3-46-13. Definition; rehabilitation; conservation.

As used in the Urban Renewal Law [ 3-46-1 to 3-46-45 NMSA 1978], "rehabilitation" or "conservation" includes the restoration and renewal of a slum or blighted area or portion thereof, in accordance with any urban renewal plan, by:   

A.     carrying out plans for a program of voluntary or compulsory repair and rehabilitation of buildings or other improvements;   

B.     acquisition of real property and demolition or removal of buildings and improvements thereon where necessary to eliminate unhealthful, unsanitary or unsafe conditions, lessen density, eliminate obsolete or other uses detrimental to the public welfare, or to otherwise remove or prevent the spread of blight or deterioration, or to provide land for needed public facilities;   

C.     installation, construction or reconstruction of streets, utilities, parks, playgrounds and other improvements necessary for carrying out in the area the urban renewal provisions of the Urban Renewal Law;   

D.     the disposition of any property acquired in such urban renewal area, including sale, initial leasing or retention by the municipality itself, at its fair value for uses in accordance with such urban renewal plan;   

E.     acquisition of real property in the urban renewal area which, under an urban renewal plan, is to be repaired or rehabilitated;   

F.     repair or rehabilitation of the structure and resale of the property;   

G.     acquisition, without regard to any requirement that the area be a slum or blighted area, of air rights in an area consisting principally of land on which is located a highway, railway, bridge, or subway tracks, or tunnel entrance or other similar facilities which have a blighting influence on the surrounding area and over which air-rights sites are to be developed for the elimination of such blighting influences.