§ 48-26. Real property sold, exchanged or donated pursuant to the Economic Development Act.  


Latest version.
  • Real property of any value may be sold to, exchanged with, donated, or leased to any qualified economic development project consistent with the economic development plan adopted by the town council and in accordance with the Local Economic Development Act (NMSA 1978, §5-10-1 et seq.).

(Code 2005, § 96.07; Ord. No. 1126, § 96.07, 3-13-2007; Ord. No. 1264 , 11-28-2017)