N.M. Stat. § 3-51-35
Bonds; special funds from which payable.
In order to carry out the purposes of the Greater Municipality Parking Law, a city
upon enactment of a proper ordinance may issue bonds for any purposes permitted by
Section 3-51-32 NMSA 1978 and may pledge irrevocably to the payment of the principal
of and interest on such bonds, the following special funds:
A. all or any part of special assessments levied upon real property within a parking
district formed for the particular project financed with the proceeds of such bonds; or
B. all or any part of the income and revenues of the particular project financed with
the proceeds of the bonds; or
C. all or any part of the income and revenue of certain designated parking facilities
whether or not they were financed in whole or in part with the proceeds of the bonds; or
D. all or any part of the parking meter revenues of the city; or
E. all or any part of the amount of money remitted to the city as authorized by
Section 7-1-6 NMSA 1978; or
F. all or any part or [of] the proceeds distributed to the city pursuant to Section 64-
26-19 NMSA 1953 [repealed]; or
G. all or any part or [of] the proceeds of any tolls, rates, fees, charges, license taxes,
other excise taxes, or quasi-excise taxes legally available therefor which the city is
empowered to fix, levy and collect; or
H. any combination of these special funds specified in Subsections A through F,
even if, in the case of refunding bonds, any of such special funds were not pledged to
the payment of the bonds being refunded.