N.M. Code R. § 18.61.3.17

Current through Register Vol. 35, No. 11, June 11, 2024

Section 18.61.3.17 - POWERS COMPULSIVE

The authority shall:

A. hire, and be authorized to fire, an executive director, who shall employ the necessary professional, technical and clerical staff to enable the authority to function efficiently and shall direct the affairs and business of the authority, subject to the direction of the board;

B. advise the governor, the governor's staff and the New Mexico finance authority oversight committee on methods, proposals, programs and initiatives involving the Spaceport that may further stimulate space-related business and employment opportunities in New Mexico;

C. initiate, develop, acquire, own, construct, maintain and lease space-related projects;

D. make and execute all contracts and other instruments necessary or convenient to the exercise of its powers and duties;

E. create programs to expand high-technology economic opportunities within New Mexico;

F. create avenues of communication among federal government agencies, the space industry, users of space launch services and academia concerning space business;

G. promote legislation that will further the goals of the authority and development of space business;

H. oversee and fund production of promotional literature related to the authority's goals;

I. identify science and technology trends that are significant to space enterprise and the state and act as a clearinghouse for space enterprise issues and information;

J. coordinate and expedite the involvement of the state executive branch's space-related development efforts;

K. perform environmental, transportation, communication, land use and other technical studies necessary or advisable for projects and programs or to secure licensing by appropriate United States agencies; and

L. review summary scopes of work and approve of all purchases above $60,000, pursuant to procurement guidelines issued under Procurement Code Section 13-1-125 NMSA 1978, developed by the general services department and the department of finance, provided to the authority and retained by the authority's chief procurement officer for inspection by any board member at any time.

N.M. Code R. § 18.61.3.17

Adopted by New Mexico Register, Volume XXXIV, Issue 14, July 31, 2023, eff. 7/31/2023