NRS 377A.090
Money for public transit system, public roads, air quality or any combination thereof: Sources

  • authority of board of county commissioners or regional transportation commission.

1.

Money for the payment of the cost of establishing and maintaining a public transit system, for the construction, maintenance and repair of public roads, for the improvement of air quality or for any combination of those purposes may be obtained by the issuance of bonds and other securities as provided in subsection 2 or 3 or, subject to any pledges, liens and other contractual limitations made pursuant to this chapter, may be obtained by direct distribution from the public transit fund, or may be obtained both by the issuance of such securities and by such direct distribution as the board or, in the case of securities issued by a regional transportation commission, the regional transportation commission, may determine.

2.

The board may, after the enactment of an ordinance authorized by paragraph (a) of subsection 1 of NRS 377A.020, from time to time issue bonds and other securities, which are general or special obligations of the county and which may be secured as to principal and interest by a pledge authorized by this chapter of the receipts from the tax imposed by that ordinance.

3.

A regional transportation commission authorized to issue bonds or other securities pursuant to subsection 2 of NRS 373.131 may, after the enactment by a board of county commissioners of an ordinance authorized by paragraph (a) of subsection 1 of NRS 377A.020, from time to time issue bonds and other securities, which are special obligations of the regional transportation commission and which may be secured as to principal and interest by a pledge authorized by this chapter or the receipts from the tax imposed by that ordinance.

4.

Notwithstanding any other provision of this chapter, no regional transportation commission may issue bonds or other securities pursuant to this chapter unless the regional transportation commission has executed an interlocal agreement with the county relating to the issuance of bonds or other securities by the regional transportation commission. Any such interlocal agreement must include an acknowledgment of the authority of the regional transportation commission to issue bonds or other securities and contain provisions relating to the pledge of revenues for the repayment of the bonds or other securities, the lien priority of the pledge of revenues securing the bonds or other securities, and related matters.

5.

The ordinance or resolution authorizing the issuance of any bond or other security must describe the purpose for which it is issued.

Source: Section 377A.090 — Money for public transit system, public roads, air quality or any combination thereof: Sources; authority of board of county commissioners or regional transportation commission., https://www.­leg.­state.­nv.­us/NRS/NRS-377A.­html#NRS377ASec090.

377A.010
Definitions. 377A.011
“Agriculture” defined. 377A.012
“Board” defined. 377A.014
“Construction, maintenance and repair” defined. 377A.015
“Library” defined. 377A.016
“Public transit system” defined. 377A.017
“Recreational facility” defined. 377A.018
“Senior citizen” defined. 377A.019
“Services for senior citizens” defined. 377A.020
Taxes for certain special purposes: Imposition 377A.030
Mandatory provisions of ordinance imposing tax. 377A.040
Mandatory provision of ordinance amending ordinance imposing tax. 377A.050
Remittances to Department 377A.060
Redistribution by Department. 377A.062
Fund for county swimming pool: Deposit and use of net tax proceeds. 377A.064
County fund for promotion of tourism: Deposit of net tax proceeds. 377A.068
Tax for promotion of tourism: Creation of county fair and recreation board required 377A.070
Public transit fund: Deposit of net tax proceeds. 377A.080
Tax for public transit system, construction, maintenance and repair of public roads, improvement of air quality or any combination thereof: Creation and authority of regional transportation commission. 377A.090
Money for public transit system, public roads, air quality or any combination thereof: Sources 377A.092
Support fund for agriculture, libraries, parks, recreation and senior citizens: Deposit of net tax proceeds. 377A.094
Money for agriculture, libraries, parks, recreation and senior citizens: Sources 377A.100
Ordinances or resolutions for issuance of certain bonds or other securities: Authorized covenants 377A.110
Tax for public transit system, construction, maintenance and repair of public roads, improvement of air quality or any combination thereof: Reduction of amount 377A.115
Tax for agriculture, libraries, parks, recreation and senior citizens: Limitation on repeal, amendment or modification. 377A.120
Department’s authority to act for counties. 377A.130
Public transit system: Services. 377A.140
Public transit system in larger counties: Provision of on-call public transit system, programs to reduce or manage motor vehicle traffic, and other services requested by general public. 377A.0145
“Facility for senior citizens” defined. 377A.0155
“Park” defined. 377A.0175
“Recreational program” defined.
Last Updated

Feb. 5, 2021

§ 377A.090’s source at nv​.us