There Is a Newer Version
of
the New Mexico Statutes
2011 New Mexico Statutes
Chapter 5: Municipalities and Counties
Article 8: Land Development Fees and Rights, 5-8-1 through 5-8-43
Section 5-8-10: Agreement with owner regarding payment.
Universal Citation:
NM Stat § 5-8-10 (1996 through 1st Sess 50th Legis)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
5-8-10. Agreement with owner regarding payment.
A municipality or county is authorized to enter into an agreement with the owner of a tract of land for which a plat has been recorded providing for a method of payment of the impact fees over an extended period of time otherwise in compliance with the Development Fees Act.
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