NRS 318A.490
Forms of borrowing

  • approval of debt management commission required for borrowing by certain districts.

1.

Upon the conditions and under the circumstances set forth in this chapter, a district may borrow money and issue the following securities to evidence such borrowing:

(a)

Short-term notes, warrants and interim debentures.

(b)

General obligation bonds.

(c)

Revenue bonds.

(d)

Special assessment bonds.

2.

The board of trustees of a district whose population within its boundaries is less than 5,000 shall not borrow money or issue securities to evidence such borrowing unless the board has obtained the approval of the debt management commission of the county in which the district is located.

3.

The board of trustees of a district whose population within its boundaries is less than 5,000 shall not forward a resolution authorizing medium-term obligations to the Executive Director of the Department of Taxation unless such financing is approved by the debt management commission pursuant to subsection 2.

Source: Section 318A.490 — Forms of borrowing; approval of debt management commission required for borrowing by certain districts., https://www.­leg.­state.­nv.­us/NRS/NRS-318A.­html#NRS318ASec490.

318A.140
Notice of organizational hearing. 318A.150
Protests against organization of district 318A.160
Factors precluding creation of district by governing body. 318A.170
Effect of adoption of ordinance creating district 318A.180
Establishment of budget, standards, practices and procedures of district 318A.190
Organization of board of trustees 318A.200
Office or principal place of business 318A.210
Biennial election of trustees 318A.220
Trustees elected by plurality vote 318A.230
Recall of trustees. 318A.240
Trustees not to be interested in sales or purchases 318A.250
Trustees’ interest in contracts made in official capacity prohibited 318A.260
Assistance to district from county or city officers: Request 318A.270
Basic powers of board. 318A.280
Powers of district concerning location and construction of facilities, improvements or projects subordinate to powers of regional planning agency 318A.290
Perpetual existence of board 318A.300
Powers concerning parks, trails and open space 318A.310
Operation, maintenance and repair of facilities, improvements and projects 318A.320
Management of district’s business 318A.330
Construction of works across watercourse, highway or vacant public land 318A.340
Contribution by local government. 318A.350
Establishment, increase or decrease of fees or special assessments 318A.360
Structure reasonably believed to be used as dwelling unit in certain counties: Affidavit filed by employee of district or other person 318A.370
Procedure for collection of service charges on tax roll 318A.380
Conveyance of property to city 318A.390
Conveyances by counties, cities, special districts or other owners to parks, trails and open space districts. 318A.400
Power to levy taxes. 318A.410
Levy and collection of taxes. 318A.420
Levies to cover deficiencies. 318A.430
County officers to levy and collect 318A.440
Sales for delinquencies. 318A.450
Reserve funds. 318A.460
Boundary changes 318A.470
Exclusion. 318A.480
Inclusion. 318A.490
Forms of borrowing 318A.500
Debt limit of district. 318A.510
Short-term notes, warrants and interim debentures. 318A.520
Revenue bonds: Issuance for acquisition or improvement of facilities, improvements or projects. 318A.530
Local Government Securities Law: Types of securities authorized to be issued. 318A.540
Assessments to pay expenses of improvements 318A.550
Initiation by resolution 318A.560
Hearing 318A.570
Surrender and transfer of property and money. 318A.580
Collection and disposition of taxes, fees and special assessments for outstanding loans or indebtedness 318A.590
Procedure for corrective action by governing body that created district: Notification or petition
Last Updated

Feb. 5, 2021

§ 318A.490’s source at nv​.us