Current as of May 06, 2021 | Updated by FindLaw Staff
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The board shall:
A. adopt rules governing terms, conditions and priorities for providing financial assistance to tribes, including developing application and evaluation procedures and forms and qualifications for applicants and for projects;
B. provide financial assistance to tribes for qualified projects on terms and conditions established by the board;
C. authorize funding for qualified projects, including:
(1) planning, designing, constructing, improving, expanding or equipping water and wastewater facilities, major water systems, electrical power lines, communications infrastructure, roads, health infrastructure, emergency response facilities and infrastructure needed to encourage economic development;
(2) developing engineering feasibility reports for infrastructure projects;
(3) inspecting construction of qualified projects;
(4) providing special engineering services;
(5) completing environmental assessments or archaeological clearances and other surveys for infrastructure projects;
(6) acquiring land, easements or rights of way; and
(7) paying legal costs and fiscal agent fees associated with development of qualified projects.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 6. Public Finances § 6-29-5. Board; duties - last updated May 06, 2021 | https://codes.findlaw.com/nm/chapter-6-public-finances/nm-st-sect-6-29-5/
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