The fee shall not exceed the cost to pay for a proportionate share of the cost of system improvements, based upon service units, needed to serve new development.
§ 5-8-7 NMSA 1978
Maximum fee per service unit
Known as the Development Fees Act
The act spans §§ 5–5 (43 sections).
Laws 1993, ch. 122, § 7.
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.