Section 3-63-7 - Ordinance creating the district. - New Mexico Statutes

3-63-7. Ordinance creating the district.

The ordinance to create a district shall include:   

A.     a list of improvements to be provided by the district;   

B.     the amount of benefit estimated to be conferred on each tract or parcel of real property;   

C.     a description of the real property or businesses to be assessed a business improvement benefit fee;   

D.     the assessment method to be used to finance the improvements of the district;   

E.     the amount of the assessment to be imposed on each real property owner; and   

F.     the terms of members, method of appointment and duties of the management committee for the district.