{"data":{"id":"us-nm/5-16-7","jurisdiction":"us-nm","citation":"5-16-7","heading":"Bonds.","body":"A district may enter into contracts with the authority pursuant to which the authority may issue bonds under the Spaceport Development Act [58-31-1 to 58-31-17 NMSA 1978] for the purpose of financing the planning, designing, engineering and construction of a regional spaceport or spaceport-related project. The district shall request that the authority issue bonds pursuant to resolution of the board, and the bonds shall be payable solely out of all or a specified portion of the revenues as designated by the board.","path":["Chapter 5 - Municipalities and Counties","ARTICLE 16 Regional Spaceport District"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18447/index.do","current_through":"2025-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"f9194cb5cb7d64a2ebd9d44b0c0f04f026da457c981fdb901cbaa1db6a840003","source_id":"us-nm","stale":false,"prev":"us-nm/5-16-6","next":"us-nm/5-16-8"},"notice":"GroundRules: Original legal text. Not legal advice."}