The purpose of the University Research Park and Economic Development Act is to: A. promote the public welfare and prosperity of the people of New Mexico;

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Terms Used In New Mexico Statutes 21-28-2

  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.

B. foster economic development within New Mexico;

C. forge links between New Mexico’s educational institutions, business and industrial communities and government through the development of research parks on university real property; or

D. engage in other cooperative ventures of innovative technological significance that will advance education, science, research, conservation, health care or economic development within New Mexico.