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2019 New Mexico Statutes
Chapter 5 - Municipalities and Counties
Article 7 - Fire District Bonds
Section 5-7-6 - Ordinance authorizing fire district bonds; two-thirds majority required.
Universal Citation: NM Stat § 5-7-6 (2019)
A. At a regular or special meeting called for the purpose of issuing fire district bonds as authorized in Section 3 [5-7-3 NMSA 1978] of the Fire District Bond Act, the governing body may adopt an ordinance that:
(1) declares the necessity for issuing fire district bonds;
(2) authorizes the issuance of fire district bonds by an affirmative vote of two-thirds of all the members of the governing body; and
(3) designates the source of the pledged revenues.
History: Laws 1983, ch. 162, § 6.
ANNOTATIONSCompiler's notes. — This section was enacted without a Subsection B.
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