{"data":{"id":"us-nm/5-18-4","jurisdiction":"us-nm","citation":"5-18-4","heading":"Renewable energy financing districts authorized.","body":"A. A governing body of a municipality or county may form a district for the purpose of encouraging, accommodating and financing renewable energy improvements on property within the municipality or county. A district shall include only property for which an owner executes an agreement consenting to the inclusion of the property within the district and to the imposition of a special assessment on the property for the purpose of financing renewable energy improvements.\nB. A district formed by a municipality shall be wholly within the boundaries of the municipality. A district formed by a county shall be wholly within the boundaries of the county and shall be in the unincorporated area of the county, or may include an incorporated area with the municipality's consent. A district may include contiguous and noncontiguous property.\nC. Except as otherwise provided in this section, a district shall be a political subdivision of the state, separate and apart from the municipality or county.","path":["Chapter 5 - Municipalities and Counties","ARTICLE 18 Renewable Energy Financing District Act"],"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":"71d03263b4b6ce107870c35113840d7267f2ccd81c7d0e7f97bc89e5171b7bf6","source_id":"us-nm","stale":false,"prev":"us-nm/5-18-3","next":"us-nm/5-18-5"},"notice":"GroundRules: Original legal text. Not legal advice."}