Land Use & Zoning
In New Mexico, a 'special district' such as a Public Improvement District (PID) or Metropolitan Redevelopment Area (MRA) is created to:
APrivatize public infrastructure
BFinance and manage specific public improvements or economic development activities within a defined area✓ Correct
CCreate a separate zoning authority
DExempt properties from property taxes
Explanation
Special districts finance specific improvements (roads, utilities, parks) or redevelopment activities within a defined geographic area, often through special assessments or tax increment financing.
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