Section 73-16-46 – [Transfers from guaranty fund to other funds.]
If and when the bonded indebtedness of any such district has been paid and retired, and such guaranty fund is no longer needed for the purposes herein provided, such moneys, or any unexpended portion thereof, shall be placed in the construction or such other fund of the district as may be ordered by the board […]
Section 73-16-31 – [Conservation and development fund assessment; levy; records; payment.]
Said special assessment shall be known as the “conservation and development fund assessment”; [it] shall be made by resolution of the board and duly extended on the proper district and tax records in like manner and in accordance with the same procedure as the construction fund assessment under the provisions of the Conservancy Act of […]
Section 73-16-47 – [Other assessments unaffected.]
The provisions of this act [73-16-41 to 73-16-49 NMSA 1978] shall not invalidate the levy of any assessments or the apportionment of any benefits heretofore made in conservancy districts, nor shall the power to levy additional assessments in the manner provided in the Conservancy Act be affected hereby. History: Laws 1931, ch. 50, § 7; […]
Section 73-16-32 – [Conservation and development fund created; legislative finding.]
In addition to the separate funds provided for under Section 501, Subsection 1 [73-16-1 A NMSA 1978] of Article V of the Conservancy Act [of New Mexico], there is hereby created a separate fund to be known as the “conservation and development fund,” by which shall be meant the proceeds of a special levy hereby […]
Section 73-16-48 – [Limitation on use of fund.]
No revenues collected from the ad valorem tax authorized herein shall be used for the payment of any interest or principal on bonds hereafter sold under any option existing at the time of the passage of this act [73-16-41 to 73-16-49 NMSA 1978] for the purchase of bonds of any conservancy district. History: Laws 1931, […]
Section 73-16-19 – County takes property subject to lien of district assessments.
When any county shall take and hold any tax sale certificate or the title to any property under the provisions of this act, or of any taxing act of this state, such taking and holding shall be subject to the lien and charge of all district assessments, made, levied and assessed under the provisions of […]
Section 73-16-20 – County commissioners cannot rebate district assessments.
County commissioners shall have no power to abate, reduce or compromise by any order, sale or any other means or device whatsoever, any district assessment made, levied and assessed under the provisions of this act. History: Laws 1927, ch. 45, § 519; C.S. 1929, § 30-519; 1941 Comp., § 77-2919; 1953 Comp., § 75-30-19. ANNOTATIONS […]
Section 73-16-21 – Board may be purchaser on sale.
The board shall have the power to bid in and hold for the use and benefit of the district and with like effect as any other purchaser, any property sold for delinquent taxes or district assessments and to purchase from the county or other owner the tax sale certificate or duplicate tax sale certificate outstanding […]
Section 73-16-22 – Special proceedings to enforce collections.
In the event of any default in the payment of the interest or principal of any bonds issued, and if the said district or its proper officers shall fail or neglect to enforce the payment of any unpaid assessment, the holder of such bonds may, for himself and for the benefit of all others similarly […]
Section 73-16-23 – Assessment records prima facie evidence.
The records of assessments contained in the respective assessments [assessment] records of the district and of the respective counties thereof shall be prima facie evidence in all courts of all matters therein contained. History: Laws 1927, ch. 45, § 522; C.S. 1929, § 30-522; 1941 Comp., § 77-2922; 1953 Comp., § 75-30-22. ANNOTATIONS Am. Jur. […]