New Mexico Code § 4-60-13

Proceedings for issuance and sale of bonds; no notice or publication required
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publication required.
Issuance and sale of bonds pursuant to the County Pollution Control Revenue Bond
Act shall be authorized by resolution adopted by the governing body of the county
issuing said bonds, which resolution shall determine the maximum aggregate principal
amount, maximum maturity and maximum interest rate of the bonds to be issued
thereunder, and may provide for determinations to be made by resolution or resolutions
adopted by said governing body with respect to the issuance of a lesser aggregate
principal amount of bonds, the designation or substitution of a trustee for bondholders or
depositary or escrow agent for bonds proceeds, the issuance of bonds in one or more
series and, with respect to any series of bonds, the principal amount, maturity or
maturities, sinking fund provisions, redemption provisions, price or prices which may be
at, above or below par, and interest rate or rates of the bonds of such series. The
agreement of lease or sale securing the bonds of any series, and the execution and
delivery thereof, may be authorized by resolution adopted by said governing body.
No notice, consent or approval by any governmental body or public officer shall be
required as a prerequisite to the sale or issuance of any bonds or the making of a
mortgage under the authority of the County Pollution Control Revenue Bond Act, except
as provided in that act.
History: 1978 Comp., § 4-60-13, enacted by Laws 1978, ch. 181, § 13.

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