Section 5-7-6 - Ordinance authorizing fire district bonds; two-thirds majority required

A. At a regular or special meeting called for the purpose of issuing fire district bonds as authorized in Section 3 [5-7-3 NMSA 1978] of the Fire District Bond Act, the governing body may adopt an ordinance that: (1) declares the necessity for issuing fire district bonds; (2) authorizes the issuance of fire district bonds by an affirmative vote of two-thirds of all the members of the governing body; and (3) designates the source of the pledged revenues. History: Laws 1983, ch. 162, § 6. ANNOTATIONSCompiler's notes. — This section was enacted without a Subsection B.