2011 New Mexico Statutes
Chapter 3: Municipalities
Article 50: Municipal Parking, 3-50-1 through 3-50-22
Section 3-50-19: Aid from federal government.
3-50-19. Aid from federal government.
In addition to the powers conferred upon a city by other provisions of the Municipal Parking Law [3-50-1 to 3-50-22 NMSA 1978], a city is empowered to borrow money or accept contributions, grants or other financial assistance from the federal government for or in aid of any parking facility project within its area of operation; and, to these ends, to comply with such conditions, trust indentures, leases or agreements as may be necessary, convenient or desirable. It is the purpose and intent of the Municipal Parking Law to authorize every city to do any and all things necessary, convenient or desirable to secure the financial aid or cooperation of the federal government in the undertaking, acquisition, construction, maintenance or operation of any parking facility project of such city.
Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
