NRS 244A.763
County Economic Development Revenue Bond Law constitutes full authority for exercise of powers granted.


1.

NRS 244A.669 to 244A.763, inclusive, without reference to other statutes of this State, constitute full authority for the exercise of powers granted in those sections, including, but not limited to, the authorization and issuance of bonds.

2.

No other act or law with regard to the authorization or issuance of bonds that provides for an election, requires an approval, or in any way impedes or restricts the carrying out of the acts authorized in NRS 244A.669 to 244A.763, inclusive, to be done, applies to any proceedings taken or acts done pursuant to those sections, except for laws to which reference is expressly made in those sections or by necessary implication of those sections.

3.

The provisions of no other law, either general or local, except as provided in NRS 244A.669 to 244A.763, inclusive, apply to the doing of the things authorized in those sections to be done, and no board, agency, bureau, commission or official not designated in those sections has any authority or jurisdiction over the doing of any of the acts authorized in those sections to be done, except:

(a)

As otherwise provided in those sections.

(b)

That a project for the generation and transmission of electricity is subject to review and approval by the state regulatory agencies which have jurisdiction of the matters involved, including, without limitation, the Public Utilities Commission of Nevada, the State Environmental Commission and the State Department of Conservation and Natural Resources.

4.

No notice, consent or approval by any public body or officer thereof may be required as a prerequisite to the sale or issuance of any bonds, the making of any contract or lease, or the exercise of any other power under NRS 244A.669 to 244A.763, inclusive, except as provided in those sections.

5.

A project is not subject to any requirements relating to public buildings, structures, ground works or improvements imposed by the statutes of this State or any other similar requirements which may be lawfully waived by this section, and any requirement of competitive bidding or other restriction imposed on the procedure for award of contracts for such purpose or the lease, sale or other disposition of property of the counties is not applicable to any action taken pursuant to NRS 244A.669 to 244A.763, inclusive, except that the provisions of NRS 338.013 to 338.090, inclusive, apply to any contract for new construction, repair or reconstruction for which tentative approval for financing is granted on or after January 1, 1992, by the county for work to be done in a project. The board of county commissioners, the lessee, purchaser or obligor or designee thereof, any contractor who is awarded a contract or entered into an agreement to perform the construction, repair or reconstruction and any subcontractor who performs any portion of the construction, repair or reconstruction shall comply with the provisions of NRS 338.013 to 338.090, inclusive, in the same manner as if the board of county commissioners had undertaken the project or had awarded the contract.

6.

Any bank or trust company located within or without this State may be appointed and act as a trustee with respect to bonds issued and projects financed pursuant to NRS 244A.669 to 244A.763, inclusive, without the necessity of associating with any other person or entity as cofiduciary except that such association is not prohibited.

7.

The powers conferred by NRS 244A.669 to 244A.763, inclusive, are in addition and supplemental to, and not in substitution for, and the limitations imposed by those sections do not affect the powers conferred by any other law.

8.

No part of NRS 244A.669 to 244A.763, inclusive, repeals or affects any other law or part thereof, except to the extent that those sections are inconsistent with any other law, it being intended that those sections provide a separate method of accomplishing its objectives, and not an exclusive one.
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Source: Section 244A.763 — County Economic Development Revenue Bond Law constitutes full authority for exercise of powers granted., https://www.­leg.­state.­nv.­us/NRS/NRS-244A.­html#NRS244ASec763.

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.763’s source at nv​.us