Section 3-60A-7 - Finding of necessity by local government. - New Mexico Statutes

3-60A-7. Finding of necessity by local government.

No municipality shall exercise any of the powers conferred upon municipalities by the Redevelopment Law [3-60A-5 to 3-60A-13, 3-60A-14 to 3-60A-18 NMSA 1978] until after its local governing body shall have adopted a resolution finding that:   

A.     one or more slum areas or blighted areas exist in the municipality; and   

B.     the rehabilitation, conservation, slum clearance, redevelopment or development, or a combination thereof, of and in such area or areas is necessary in the interest of the public health, safety, morals or welfare of the residents of the municipality.