NRS 244A.695
Legislative intent.


It is the intent of the Legislature to authorize counties to finance, acquire, own, lease, improve and dispose of properties to:

1.

Promote industry and employment and develop trade by inducing manufacturing, industrial and warehousing enterprises and organizations for research and development to locate in, remain or expand in this State to further prosperity throughout the State and to further the use of the agricultural products and the natural resources of this State.

2.

Enhance public safety by protecting hotels, motels, apartment buildings, casinos, office buildings and their occupants from fire.

3.

Protect the health, safety and welfare of the public and promote private industry, commerce and employment in this State by:

(a)

Reducing, abating or preventing pollution or removing or treating any substance in processed material which would cause pollution; and

(b)

Furnishing energy, including electricity to the public, if available on reasonable demand, and providing facilities to transmit electricity for sale outside the State.

4.

Promote the health of residents of the county by enabling a private enterprise to acquire, develop, expand and maintain health and care facilities and supplemental facilities for health and care facilities which will provide services of high quality to those residents at reasonable rates.

5.

Promote the educational, cultural, economic and general welfare of the public by financing the preservation of historic structures in the county, or their restoration for the original or another use, in order to preserve structures of historic interest.

6.

Promote the social welfare of the residents of the county by enabling corporations for public benefit to acquire, develop, expand and maintain facilities that provide services for those residents.

7.

Promote the social welfare of the residents of the county by financing the acquisition, development, construction, improvement, expansion and maintenance of affordable housing in the county.

Source: Section 244A.695 — Legislative intent., https://www.­leg.­state.­nv.­us/NRS/NRS-244A.­html#NRS244ASec695.

244A.669
Short title.
244A.671
Definitions.
244A.672
“Affordable housing” defined.
244A.673
“Board” defined.
244A.675
“Bonds” and “revenue bonds” defined.
244A.677
“Capacity” defined.
244A.678
“Corporation for public benefit” defined.
244A.679
“Finance” and “financing” defined.
244A.681
“Financing agreement” defined.
244A.682
“Health and care facility” defined.
244A.683
“Mortgage” defined.
244A.685
“Obligor” defined.
244A.687
“Pollution” defined.
244A.689
“Project” defined.
244A.691
“Revenues” defined.
244A.692
“Supplemental facility for a health and care facility” defined.
244A.693
“Warehousing” defined.
244A.695
Legislative intent.
244A.696
Exercise of powers by county
244A.697
General powers.
244A.698
Restrictions on powers of county.
244A.699
Power to sell capacity of project for generation and transmission of electricity and to charge for use of transmitting facilities
244A.701
Project for generation and transmission of electricity: Studies, surveys and options.
244A.702
Project for generation and transmission of electricity: Issuance of taxable bonds to acquire, improve or equip project.
244A.703
Project for generation and transmission of electricity: Sale and issuance of additional bonds.
244A.705
Enforcement of county’s obligation to issue additional bonds or to contract for sale of capacity or for construction and operation of project.
244A.707
Notice and public hearing by board of county commissioners.
244A.709
Details of proposed terms and conditions of transaction not required in notice.
244A.711
Determinations required of board of county commissioners after public hearing
244A.713
Bonds to be special obligations.
244A.715
Form and terms of bonds.
244A.717
Security.
244A.719
Terms of resolution and instruments.
244A.720
Issuance of bonds by Director of Department of Business and Industry as special obligations of State.
244A.721
Types of authorized investments
244A.723
Construction of project.
244A.725
Limitation on county’s obligation.
244A.727
Rights upon default.
244A.729
Determination of costs of financing.
244A.731
Lease, sale or financing of project.
244A.733
Option to purchase.
244A.735
Refunding.
244A.737
Application of proceeds
244A.739
Payment and contribution by county prohibited
244A.741
Operation by county prohibited.
244A.743
Project for generation and transmission of electricity: Legislative approval and determination of limit of capacity.
244A.745
Project for generation and transmission of electricity: Establishment, composition, powers and duties of committee to manage project.
244A.753
County’s property exempt from taxation
244A.755
Project for generation and transmission of electricity: Payment in lieu of taxes.
244A.757
Eminent domain not available
244A.759
Limitation of actions.
244A.761
Faith of State pledged against repeal, amendment or modification of County Economic Development Revenue Bond Law.
244A.763
County Economic Development Revenue Bond Law constitutes full authority for exercise of powers granted.
244A.6825
“Historic structure” defined.
244A.6975
Issuance of bonds for affordable housing or residential housing for corporation for public benefit.
Last Updated

Feb. 5, 2021

§ 244A.695’s source at nv​.us