Section 3-23-5 - Municipal utility; duty to maintain and improve.

NM Stat § 3-23-5 (2019) (N/A)
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A. After the qualified electors at a regular or special municipal election have approved the acquisition of a municipal utility, the municipality shall maintain a municipal utility in good repair and improve and enlarge the municipal utility to accomplish the objectives and purposes for which it was designed.

B. A municipality may use other funds to defray the cost of operating or repairing a municipal utility, other than an electric or gas utility, generating facility or its interest in a jointly owned generating facility.

History: 1953 Comp., § 14-22-5, enacted by Laws 1965, ch. 300; 1979, ch. 260, § 3.

Cross references. — For municipal power to maintain electric utilities, see 3-24-1 and 3-24-14 NMSA 1978.