New Mexico Statutes 11-6-3. Definitions
As used in the New Mexico Community Assistance Act:
Terms Used In New Mexico Statutes 11-6-3
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Personal property: All property that is not real property.
A. “council” means the New Mexico community development council;
B. “project” means, except as limited by the state constitution, the purchase, construction, lease, gift, grant, reconstruction, improvement, option to purchase or other acquisition of educational, cultural, recreational, community, municipal, social service or other facilities by a political subdivision, including but not limited to publicly owned water systems, sewer systems, municipal utilities, roads, streets, highways, curbs, gutters, sidewalks, storm sewers, street lighting, traffic control devices, parking facilities, vocational training and rehabilitation facilities, airports, hospitals, nursing homes, publicly owned mental health, alcohol and drug abuse, child abuse and family counseling facilities, juvenile detention homes, swimming pools, parks, auditoriums, public buildings, libraries, fire and police stations, jails, waste disposal systems and sites, special assessment district improvements and all necessary real and personal property therefor, but does not include facilities for the public schools;
C. “community assistance program” means a program to assist political subdivisions with infrastructure development, which may include but is not limited to:
(1) a grant or loan of funds to the political subdivisions; (2) gathering data about the political subdivisions;
(3) providing technical assistance to analyze the needs and seek solutions to problems related to infrastructure development in political subdivisions; and
(4) providing technical assistance in seeking funds from sources other than the council;
D. “division” means the local government division of the department of finance and administration; and
E. “political subdivision” means any county; incorporated city, town or village; drainage, conservancy, irrigation, water and sanitation or other district; mutual domestic association; public water cooperative association; or community ditch association.