New Mexico Statutes Chapter 6. Public Finances § 6-25B-3. Site characterization studies

Current as of January 01, 2024 | Updated by Findlaw Staff

A. The department may enter into contracts with public partners and private partners for site characterization studies of proposed economic development sites to determine the suitability of such sites for certification as a strategic economic development site.

B. The secretary shall accept for consideration proposals for site characterization studies of proposed economic development sites and shall decide if a proposed economic development site will be the subject of a site characterization study pursuant to Subsection A of this section.

C. A site characterization study shall assess the suitability of a proposed economic development site for development by a public partner or private partner and may consider the following characteristics:

(1) the availability of public infrastructure, including transportation access, water and wastewater;

(2) the availability of public utilities, including electricity, natural gas and broadband access;

(3) environmental limitations;

(4) size, configuration, topography, soils and drainage;

(5) workforce availability;

(6) housing availability;

(7) governmental land use restrictions;

(8) site ownership;

(9) neighboring land uses; and

(10) any other site characteristics that may affect the degree to which the site is ready for immediate economic development.

Previous Part of Code Next Part of Code

Back to Chapter List

Cite this article: FindLaw.com - New Mexico Statutes Chapter 6. Public Finances § 6-25B-3. Site characterization studies - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-6-public-finances/nm-st-sect-6-25b-3/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Did FindLaw Help You Understand This Legal Issue?

Make It a Preferred Google Search Source

Add to Google

Latest Blog Posts

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)