A. A local authority shall create within the municipal or county treasury a fund to be known as the ”                                                         (name of municipality or county) air quality permit fund”. All fees collected by a municipality or county pursuant to section 74-2-7 N.M. Stat. Ann. shall be deposited in the fund created pursuant to this section.

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B. Money in the fund created pursuant to this section shall be used by the municipality or county only for the purpose of paying the reasonable costs of:

(1)     appealing, reviewing and acting upon any application for a permit;

(2)     if the owner or operator receives a permit, implementing and enforcing the terms and conditions of such permit, not including any court costs or other costs associated with any enforcement action;

(3)     emissions and ambient monitoring;

(4)     preparing generally applicable regulations or guidance; (5)     modeling, analysis and demonstrations; and

(6)     preparing inventories and tracking emissions.