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| The purpose
or purposes for which the Corporation is organized are exclusively for
purposes within the meaning of Section 501(c)(3) of the Internal Revenue
Code of 1986 (the "IRC"), and in this connection to encourage, foster,
and stimulate the preservation of historic downtown, Artesia, New Mexico:
(1) To acquaint and to inform the public about the unique architectural heritage represented in historic downtown Artesia and about appropriate methods for the rehabilitation of historic buildings: (2) To encourage the improvement and better maintenance of the public improvements in historic downtown Artesia and in so doing to lessen the burdens of government; (3) To promote community pride and civic interest in historic downtown Artesia; (4) To provide educational opportunities community leaders and business people about the historic aspects of downtown Artesia, and to encourage the retention and renovation of the structures so as to preserve the historic nature of the downtown area; (5) To combat the economic causes of community deterioration by acquainting and educating local businesses about progressive business practices. |
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