N.M. Stat. § 73-17-10
Cooperation with United States government or other
agencies.
The board shall have the right and authority to enter into contracts or other
arrangements with the United States government or any department thereof; or with the
state government of this or other states; or with irrigation, drainage, conservation,
conservancy or other improvement districts, in this or other states; or with persons, or
public corporations; for cooperation or assistance in making surveys or investigations
and reports thereon; in constructing, maintaining, using and operating works of the
district, in acquiring, purchasing, extending, operating or maintaining constructed works;
water supplies, water systems, irrigation or drainage works, dam and reservoir sites; in
building dams to impound flood waters; in conserving and using the said waters for
irrigation or other purposes, including the development of hydroelectric energy; in
purchasing, leasing or acquiring land or property in adjoining states in order to secure
outlets and other needs of the district; and in any other manner furthering the purposes
and incidental purposes of districts.