2019 New Mexico Statutes
Chapter 3 - Municipalities
Article 51 - Greater Municipality Parking
Section 3-51-19 - Appraisal of benefits.

Universal Citation: NM Stat § 3-51-19 (2019)

The amount of the special assessment shall be proportional to the benefits conferred upon the property by the project and, in determining a method of apportioning benefits and assessments, the board of appraisers may consider ad valorem valuation, location, size, use, zoning classification, parking requirements, any other basis, or any combination of the foregoing, which it may deem to be equitable.

History: 1953 Comp., § 14-52-16, enacted by Laws 1971, ch. 173, § 12.

ANNOTATIONS

Repeals and reenactments. — Laws 1971, ch. 173, § 12, repealed 14-52-16, 1953 Comp., relating to appraisal of benefits, and enacted the above section.

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