There is a newer version of the New Mexico Statutes
2015 New Mexico Statutes
Chapter 5 - Municipalities and Counties
Section 8 Land Development Fees and Rights
Section 5-8-7 Maximum fee per service unit.
NM Stat § 5-8-7 (2015) What's This?
5-8-7. Maximum fee per service unit.
The fee shall not exceed the cost to pay for a proportionate share of the cost of system improvements, based upon service units, needed to serve new development.
History: Laws 1993, ch. 122, 7.
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