The state board of finance shall have the following powers and duties pursuant to the Trade Ports Development Act:
A. the review and provision of final approval or disapproval of all public-private partnership agreements, pursuant to the requirements of Subsection D of Section 8 [ 9-15F-8 NMSA 1978] of that act;
B. approval of the disbursement of public funds from the trade ports development fund for a trade port project based on the private partner's satisfaction of project benchmarks or deliverables; and
C. promulgation of rules to carry out its duties pursuant to that act.