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NEW MEXICO STATUTES AND CODES

Section 73-25-3 - Definitions.

73-25-3. Definitions.

As used in the Regional Transit District Act [73-25-1 NMSA 1978]:   

A.     "board" means the board of directors of a district;   

B.     "bond" means a revenue bond;   

C.     "combination" means two or more governmental units that exercise joint authority;   

D.     "commission" means the state transportation commission;   

E.     "construct" or "construction" means the planning, designing, engineering, acquisition, installation, construction or reconstruction of a regional transit system;   

F.     "district" means a regional transit district that is a political subdivision of the state created pursuant to the Regional Transit District Act [73-25-1 to 73-25-18 NMSA 1978];   

G.     "governmental unit" means the state, a county or a municipality of the state or an Indian nation, tribe or pueblo located within the boundaries of the state;   

H.     "regional transit system" means a property, improvement or system designed to be compatible with established state and local transportation plans that transports or conveys passengers within a region by means of a high-occupancy vehicle, including an automobile, truck, bus, van or railcar; and   

I.     "revenues" means tolls, fees, rates, charges, assessments, grants, contributions or other income and revenues received by the district.   

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