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Current as of January 01, 2024 | Updated by Findlaw Staff
The ordinance to create a district shall include:
A. a list of improvements to be provided by the district;
B. the amount of benefit estimated to be conferred on each tract or parcel of real property;
C. a description of the real property or businesses to be assessed a business improvement benefit fee;
D. the assessment method to be used to finance the improvements of the district;
E. the amount of the assessment to be imposed on each real property owner; and
F. the terms of members, method of appointment and duties of the management committee for the district.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 3. Municipalities § 3-63-7. Ordinance creating the district - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-3-municipalities/nm-st-sect-3-63-7/
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