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NEW MEXICO STATUTES AND CODES

Section 5-16-10 - Cooperative powers.

5-16-10. Cooperative powers.

A district may cooperate with a person to:  

A.     accept legitimate contributions or liens securing obligations of the district from the person with respect to the financing, planning, designing, engineering and construction of a regional spaceport and, in connection with a loan or advance, enter into contracts establishing the repayment terms;  

B.     enter into contracts regarding the financing, planning, designing, engineering and construction of a regional spaceport; and  

C.     enter into joint operating contracts with the authority concerning the financing, planning, designing, engineering and construction of a regional spaceport.  

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