NRS 268.522
“Project” defined.


“Project” means:

1.

Any land, building or other improvement and all real and personal properties necessary in connection therewith, whether or not in existence, suitable for:

(a)

A manufacturing, industrial, warehousing or other commercial enterprise;

(b)

An organization for research and development;

(c)

A health and care facility;

(d)

A supplemental facility for a health and care facility, including those located in a redevelopment area created under the provisions of chapter 279 of NRS;

(e)

The purposes of a corporation for public benefit; or

(f)

Affordable housing.

2.

The refinancing of any land, building or other improvement and any real and personal property necessary for:

(a)

A health and care facility;

(b)

A supplemental facility for a health and care facility;

(c)

The purposes of a corporation for public benefit; or

(d)

Affordable housing.

3.

Any land, building, structure, facility, system, fixture, improvement, appurtenance, machinery, equipment, or any combination thereof or any interest therein, used by any person, trust, estate, political subdivision, agency of the State or any other legal entity, or its legal representative, agent or assigns:

(a)

For the reduction, abatement or prevention of pollution or for the removal or treatment of any substance in a processed material which otherwise would cause pollution when that material is used.

(b)

In connection with the furnishing of water if available on reasonable demand to members of the general public.

(c)

In connection with the furnishing of energy or gas.

4.

Any real or personal property appropriate for addition to a hotel, motel, apartment building, casino or office building to protect it or its occupants from fire.

5.

Any undertaking by a public utility, in addition to that allowed by subsections 2 and 3, which is solely for the purpose of making capital improvements to property, whether or not in existence, of a public utility.

Source: Section 268.522 — “Project” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-268.­html#NRS268Sec522.

268.512
Short title.
268.514
Definitions.
268.515
“Affordable housing” defined.
268.516
“Bonds” and “revenue bonds” defined.
268.517
“Finance” and “financing” defined.
268.518
“Governing body” defined.
268.519
“Health and care facility” defined.
268.520
“Mortgage” defined.
268.521
“Obligor” defined.
268.522
“Project” defined.
268.523
“Warehousing” defined.
268.524
Legislative intent.
268.525
Exercise of powers by city
268.526
General powers.
268.527
Restrictions on powers of city.
268.528
Notice and public hearing by governing body.
268.530
Determinations required of governing body after public hearing
268.532
Bonds to be special obligations.
268.534
Bonds: Form
268.536
Security.
268.538
Terms of resolution and instruments.
268.539
Issuance by Director of Department of Business and Industry of bonds for governing body as special obligations of State.
268.540
Investments and bank deposits.
268.542
Construction of project.
268.544
Limitation on city’s obligation.
268.546
Rights upon default.
268.548
Determination of costs of financing.
268.550
Lease, sale or financing of project.
268.552
Option to purchase.
268.554
Refunding.
268.556
Application of proceeds
268.558
Payment by city prohibited
268.560
Operation by city prohibited.
268.562
City’s property exempt from taxation
268.564
Eminent domain not available.
268.566
Limitation of actions.
268.5165
“Corporation for public benefit” defined.
268.5171
“Financing agreement” defined.
268.5215
“Pollution” defined.
268.5225
“Revenues” defined.
268.5227
“Supplemental facility for a health and care facility” defined.
268.5385
Issuance by governing body of city of bonds for project for affordable housing or residential housing for corporation for public benefit: Requirements.
Last Updated

Jun. 24, 2021

§ 268.522’s source at nv​.us