N.M. Stat. § 73-9-41
[Petitioners required to pay sums determined by directors.]
The board of directors to whom such petition is presented may require as a condition
precedent to the granting of the same that the petitioners shall severally pay to such
district such respective sums, as nearly as the same can be estimated by the board, as
said petitioners or their grantors would have been required to pay for their pro rata
share of all bonds and the interest thereon which may have previously thereto been
issued by said district had such lands been included in such district at the time the same
was originally formed or when said bonds were so issued; and said board may require
such petitioners to pay such further sums as the board may deem just on account of
irrigation works or water rights paid for otherwise than by issue of bonds.