9-5-2: DEFINITIONS:
As used in the Renewable Energy Financing District Ordinance:
ACT: The Renewable Energy Financing District Act, NMSA §§ 5-18-1 et seq.
DISTRICT: The Southern New Mexico Renewable Energy Financing District, formed pursuant to the Chapter.
OWNER or PROPERTY OWNER: The person who is listed as the owner of real property in the district on the current property tax assessment roll, and who is in fact the legal owner of said real property.
RENEWABLE ENERGY IMPROVEMENT: An eligible photovoltaic, solar thermal, geothermal or wind energy system permanently installed on real property. (Ord. 2018-2, 9-4-2018)