N.M. Admin. Code § 18.61.3.7 - DEFINITIONS
A. "The authority",
or New Mexico spaceport authority, means a state agency created by the
Spaceport Development Act and administratively attached to the economic
development department in accordance with Section
9-1-7 NMSA 1978 and charged with
the responsibility of carrying out the day-to-day business of the agency. The
authority is also known as "the agency" in business relations with its
partners, customers and other governmental entities as an executive agency of
the state of New Mexico.
B. "The
board" means the board of directors, the entity created by Section
58-31-4, NMSA 1978 comprised of
nine members, among whom is the executive director who runs the agency. The
board is responsible for making and implementing all rules and regulations
necessary for the efficient administration of Spaceport America.
C. "Spaceport America" is the trademarked
identity of a commercial spaceport business operated, managed and maintained by
the authority in Sierra county, New Mexico, located on state trust land
pursuant to Business Lease No. BL-1729, effective January 1, 2007.
D. "Spaceport" means the physical property in
Sierra county New Mexico, comprising 18,461.45 acres and the facilities,
infrastructure, access roads and other improvements located thereon.
Notes
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