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Current as of January 01, 2024 | Updated by Findlaw Staff
A. Prior to receiving public support, a local or regional government seeking to pursue an essential services project shall adopt a development plan to implement the project. Any plan or plan amendment shall be adopted by ordinance of the governing body of the local government or each local government of a regional government proposing the plan or plan amendment.
B. The plan or the ordinance adopting the plan shall:
(1) describe the local or regional government's essential services development goals or strategies;
(2) describe the types of essential services projects that will qualify for public support under the plan;
(3) describe the criteria to be used to determine eligibility for public support for an essential services project;
(4) describe the manner in which a person or entity may submit an application for public support pursuant to Section 7 of the Essential Services Development Act;
(5) describe the process the local or regional government will use to verify the information submitted on an application for public support;
(6) detail the need for the essential services projects contemplated in the plan and the benefit that the projects will bring to the local or regional government;
(7) describe the safeguards of public resources that will be ensured; and
(8) if a regional government, describe the joint powers agreement, including whether it can be terminated and, if so, how the contractual or other obligations, risks and any property will be assigned or divided among the local governments that are party to the agreement.
C. The plan shall be made available to the residents within the local or regional government area.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 62. Electric, Gas and Water Utilities § 62-21-5. Essential services development plan; contents; publication - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-62-electric-gas-and-water-utilities/nm-st-sect-62-21-5/
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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