Section 3-18-25 - Water systems; sewers; assessmentsA. For the purpose of Sections3-27-1 and 3-49-1 NMSA 1978, a municipality may: (1) open, construct, repair, keep in order and maintain water mains, laterals, reservoirs, standpipes, sewers and drains; and (2) assess and collect as other assessments and collections are made the amount necessary to cover the cost of the work. B. The assessment against the lot or land along or through which the street runs shall be made in such portion as is just and equitable according to the benefits accruing to the lot or land and to its value. 1953 Comp., § 14-17-21, enacted by Laws 1965, ch. 300.