New Mexico Statutes 3-33-34. Improvement district; reassessment; defects waived; credit for previous payment
A. The fact that:
Terms Used In New Mexico Statutes 3-33-34
- Contract: A legal written agreement that becomes binding when signed.
(1) the contract has been let;
(2) an improvement has been wholly or partially constructed;
(3) an omission, failure or neglect of the governing body or municipal officer to comply with the requirements of Sections 3-33-1 through 3-33-23 N.M. Stat. Ann.; or
(4) any other matter whatsoever connected with the improvement or initial assessment is invalid, shall not invalidate or in any way effect the making of a reassessment as authorized in Section 3-33-33 N.M. Stat. Ann., and charging the benefited tract or parcel of land the cost of the improvement.
B. When the reassessment is complete, any money paid on the former attempted assessment against a tract or parcel of land shall be credited to the tract or parcel of land in partial or whole payment of the reassessment.