New Mexico § 5-8-6 - Capital improvements plan

§ 5-8-6. Capital improvements plan

A. A municipality or county shall use qualified professionals to prepare the capital

improvements plan and to calculate the impact fee. The capital improvements plan shall follow the infrastructure capital improvement

planning guidelines established by the department of finance and administration and

shall address the following: (1) a description, as needed to reasonably support the proposed impact fee, which

shall be prepared by a qualified professional, of the existing capital improvements

within the service area and the costs to upgrade, update, improve, expand or replace

the described capital improvements to adequately meet existing needs and usage and

stricter safety, efficiency, environmental or regulatory standards; (2) an analysis, which shall be prepared by a qualified professional, of the total

capacity, the level of current usage and commitments for usage of capacity of the

existing capital improvements; (3) a description, which shall be prepared by a qualified professional, of all or

the parts of the capital improvements or facility expansions and their costs necessitated

by and attributable to new development in the service area based on the approved land

use assumptions; (4) a definitive table establishing the specific level or quantity of use, consumption,

generation or discharge of a service unit for each category of capital improvements

or facility expansions and an equivalency or conversion table establishing the ratio

of a service unit to various types of land uses, including residential, commercial

and industrial; (5) the total number of projected service units necessitated by and attributable to

new development within the service area based on the approved land use assumptions

and calculated in accordance with generally accepted engineering or planning criteria; (6) the projected demand for capital improvements or facility expansions required

by new service units accepted over a reasonable period of time, not to exceed ten

years; and (7) anticipated sources of funding independent of impact fees. B. The analysis required by Paragraph (2) of Subsection A of this section may be prepared

on a system-wide basis within the service area for each major category of capital

improvement or facility expansion for the designated service area. C. The governing body of a municipality or county is responsible for supervising the

implementation of the capital improvements plan in a timely manner.