The amount of the special assessment shall be proportional to the benefits conferred upon the property by the project and, in determining a method of apportioning benefits and assessments, the board of appraisers may consider ad valorem valuation, location, size, use, zoning classification, parking requirements, any other basis, or any combination of the foregoing, which it may deem to be equitable.
§ 3-51-19 NMSA 1978
Appraisal of benefits
Known as the Greater Municipality Parking Law
The act spans §§ 3–3 (46 sections).
1953 Comp., § 14-52-16, enacted by Laws 1971, ch. 173, § 12.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.