Section 3-66-9 – Cumulative and complete authority.
The Municipal Event Center Funding Act shall be deemed to provide an additional and alternative method for obtaining funding for a municipal event center, establishing and collecting event center revenues and the event center surcharge and completing the acts authorized pursuant to that act, and shall be regarded as supplemental and additional to powers conferred […]
Section 3-66-10 – Liberal interpretation.
The Municipal Event Center Funding Act shall be liberally construed to carry out its purpose. History: Laws 2005, ch. 351, § 12. ANNOTATIONS Emergency clause. — Laws 2005, ch. 351, § 14 contained an emergency clause and was approved April 8, 2005.
Section 3-66-11 – Severability.
If any part or application of the Municipal Event Center Funding Act is held invalid, the remainder or its application to other situations or persons shall not be affected. History: Laws 2005, ch. 351, § 13. ANNOTATIONS Emergency clauses. — Laws 2005, ch. 351, § 14 contained an emergency clause and was approved April 8, […]
Section 3-66-7 – Enforcement; penalties.
A. An action to enforce the imposition and collection of an event center surcharge by a vendor may be brought by a municipality. B. A district court may issue an appropriate judgment, order or remedy to enforce the provisions of a vendor contract. C. A judgment issued by a district court requiring event center surcharge […]
Section 3-66-8 – Issuance of bonds.
A. A municipality may issue revenue bonds, in accordance with the procedures set forth in Sections 3-31-3 through 3-31-7 NMSA 1978, to acquire land for and to design, purchase, construct, remodel, renovate, rehabilitate, improve, equip or furnish a municipal event center. B. Revenue bonds issued by a municipality may be secured by event center revenues, […]
Section 3-65-7 – Enforcement; penalties.
A. An action to enforce the imposition and collection of a stadium surcharge by a vendor may be brought by a municipality. B. A district court may issue an appropriate judgment, order or remedy to enforce the provisions of a vendor contract. C. Any judgment issued by a district court requiring stadium surcharge receipts to […]
Section 3-65-8 – Authorization of project.
A. Pursuant to the provisions of Section 6-21-6 NMSA 1978, the legislature authorizes the authority to make a loan from the public project revolving fund to a municipality to acquire land for and to design, purchase, construct, remodel, renovate, rehabilitate, improve, equip or furnish a minor league baseball stadium on terms and conditions established by […]
Section 3-65-9 – Cumulative and complete authority.
The Minor League Baseball Stadium Funding Act shall be deemed to provide an additional and alternative method for obtaining funding for a minor league baseball stadium, establishing the stadium surcharge and completing the acts authorized thereby and shall be regarded as supplemental and additional to powers conferred by other laws of the state, without reference […]
Section 3-65-10 – Liberal interpretation.
The Minor League Baseball Stadium Funding Act, being necessary for the welfare of the state and its inhabitants, shall be liberally construed to effect the purposes of the act. History: Laws 2001, ch. 231, § 10. ANNOTATIONS Emergency clause. — Laws 2001, ch. 231, § 13 contained an emergency clause and was approved April 3, […]
Section 3-66-1 – Short title.
Sections 3 through 11 [3-66-1 to 3-66-11 NMSA 1978] of this act may be cited as the “Municipal Event Center Funding Act”. History: Laws 2005, ch. 351, § 3. ANNOTATIONS Compiler’s notes. — Laws 2005, ch. 351 was not enacted as part of the Municipal Code but was included in that code as a convenience […]