2006 New Mexico Statutes - Section 3-46-23 — Land development area.

3-46-23. Land development area.

As used in the Urban Renewal Law [ 3-46-1 to 3-46-45 NMSA 1978], "land development area" means an area, within the area of operation of an urban renewal agency, which by reason of defective or unusual conditions of title, improper subdivisions or obsolete platting, diversity of ownership, tax or special assessment delinquency exceeding the fair value of the land, predominance of defective or inadequate street layout, faulty lot layout in relation to size, adequacy, accessibility or usefulness, unsanitary or unsafe conditions, deterioration of site or other improvements if any, or conditions which endanger life or property, or any combination of such factors, is found by the local governing body to substantially impair or arrest the sound and orderly growth of the municipality, or to impair and retard the provision of housing accommodations, or constitutes an economic or social liability or is a menace to the public health, safety, morals, or welfare in its present condition and use.   

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