New Mexico Statutes Chapter 3. Municipalities § 3-60A-7. Finding of necessity by local government

A. one or more slum areas or blighted areas exist in the local government's jurisdiction; and

B. the rehabilitation, conservation, slum clearance, redevelopment or development, or a combination thereof, of and in such area is necessary in the interest of the public health, safety, morals or welfare of the residents of the local government's jurisdiction.