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Current as of January 01, 2024 | Updated by Findlaw Staff
As used in the Essential Services Development Act:
A. “broadband telecommunications network facilities” means the electronics, equipment, transmission facilities, fiber-optic cables and any other item directly related to a system capable of transmission of internet protocol or other formatted data at current federal communications commission baseline speed standard, all of which will be owned and used by a provider of internet access services;
B. “division” means the local government division of the department of finance and administration;
C. “essential services project” or “project” means an infrastructure project that allows access to internet, energy, water and wastewater services primarily for residential purposes;
D. “governing body” means the city council, city commission or board of trustees of a municipality or the board of county commissioners of a county;
E. “local government” means a municipality or county;
F. “municipality” means an incorporated city, town or village;
G. “person” means an individual, corporation, association, partnership or other legal entity;
H. “public support” means the provision of assistance by the state to provide direct or indirect assistance to support an essential services project, including for the provision of:
(1) land, buildings or other infrastructure by purchase, lease, grant, construction, reconstruction, improvement or other acquisition or conveyance;
(2) the placement of new broadband telecommunications network facilities; provided that the facilities shall not serve a public facility or location that already meets federal communications commission baseline speed standards;
(3) rights-of-way infrastructure, including trenching and conduit, for the placement of new broadband telecommunications network facilities;
(4) public works improvements essential to the location or expansion of a qualifying entity;
(5) payments for professional services contracts necessary to implement an essential services plan or provide public support for an essential services project;
(6) direct loans or grants for land, buildings or infrastructure;
(7) loan guarantees securing the cost of land, buildings or infrastructure; and
(8) grants for public works infrastructure improvements; and
I. “regional government” means any combination of municipalities and counties that enter into a joint powers agreement to provide public support for economic development projects pursuant to a plan adopted by all parties to the joint powers agreement.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 62. Electric, Gas and Water Utilities § 62-21-2. Definitions - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-62-electric-gas-and-water-utilities/nm-st-sect-62-21-2/
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.
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