NRS 396.816
“Cost of any project” defined.


“Cost of any project,” or any phrase of similar import, means all or any part designated by the Board of the cost of any project, or interest therein, which cost at the option of the Board may include all or any part of the incidental costs pertaining to the project, including, without limitation:

1.

Preliminary expenses advanced by the University or the Board from funds available for use therefor, or advanced by this state, the Federal Government, or from any other source, with the approval of the Board, or any combination thereof;

2.

The costs in the making of surveys, audits, preliminary plans, other plans, specifications, estimates of costs and other preliminaries;

3.

The costs of premiums on builders’ risk insurance and performance bonds, or a reasonably allocable share thereof;

4.

The costs of appraising, printing, estimates, advice, services of engineers, architects, financial consultants, attorneys at law, clerical help, or other agents or employees;

5.

The costs of making, publishing, posting, mailing and otherwise giving any notice in connection with a project, the filing or recordation of instruments, the taking of options, the issuance of bonds and other securities, and bank fees and expenses;

6.

The costs of contingencies;

7.

The costs of the capitalization with proceeds of bonds or other securities issued hereunder of any operation and maintenance expenses appertaining to any facilities to be acquired as a project and of any interest on bonds or other securities for any period not exceeding the period estimated by the Board to effect the project plus 1 year, of any discount on bonds or other securities, and of any reserves for the payment of the principal of and interest on the bonds or other securities, of any replacement expenses, and of any other cost of issuance of the bonds or other securities;

8.

The costs of amending any resolution or other instrument authorizing the issuance of or otherwise appertaining to outstanding bonds or other securities of the University or the Board;

9.

The costs of funding any medium-term obligations, construction loans and other temporary loans of not exceeding 5 years appertaining to a project and of the incidental expenses incurred in connection with such loans; and

10.

All other expenses necessary or desirable and appertaining to a project, as estimated or otherwise ascertained by the Board.

Source: Section 396.816 — “Cost of any project” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-396.­html#NRS396Sec816.

396.809
Short title.
396.810
Purpose
396.811
Definitions.
396.812
“Acquisition” and “acquire” defined.
396.813
“Board” defined.
396.814
“Chair” and “Chair of the Board” defined.
396.815
“Commercial bank” defined.
396.816
“Cost of any project” defined.
396.817
“Facilities” defined.
396.818
“Federal Government” defined.
396.819
“Federal securities” defined.
396.820
“Gross revenues” and “gross pledged revenues” defined.
396.821
“Hereby,” “herein,” “hereinabove,” “hereinafter,” “hereinbefore,” “hereof,” “hereto,” “hereunder,” “heretofore” and “hereafter” defined.
396.822
“Holder” defined.
396.823
“Improvement” and “improve” defined.
396.824
“Net revenues” and “net pledged revenues” defined.
396.825
“Operation and maintenance expenses” defined.
396.826
“Operation and maintenance expenses”: Exclusions from definition.
396.828
“Pledged revenues” defined.
396.829
“Pledged revenues”: Exclusions from definition.
396.831
“Project” defined.
396.832
“Secretary of the Board” defined.
396.833
“Securities” defined.
396.834
“State” defined.
396.835
“Treasurer of the University” defined.
396.836
“Trust bank” defined.
396.837
“United States” defined.
396.838
“University” defined.
396.839
Bonds and other securities are special obligations payable solely out of net pledged revenues.
396.840
Proposed securities: Sufficiency of revenues
396.841
Payment of securities not to be secured by encumbrance, mortgage or pledge of property
396.842
Recourse against individual Regents: Acceptance of securities constitutes waiver and release.
396.843
Bonds and other securities not obligations of or enforceable against State
396.844
Faith of State pledged against repeal, amendment or modification of University Securities Law.
396.845
Power of University or Regents to become obligated and issue securities for project
396.846
Types of securities which may be issued
396.847
Notes and warrants: Maturity
396.848
Temporary bonds: Conditions, terms and provisions
396.849
Resolution authorizing issuance of securities: Description of purposes.
396.850
Details of securities provided by resolution.
396.851
Recital in securities conclusive evidence of validity and regularity of issuance.
396.852
Denomination, negotiability and maturity of securities
396.853
Execution, signing, countersigning and authentication of securities and coupons
396.854
Redemption before maturity.
396.855
Repurchase of bonds and other securities.
396.856
Use of money received from issuance of securities.
396.857
Disposition of unexpended balance after completion of project.
396.858
Validity of securities not dependent on proceedings relating to project or completion of purpose
396.859
Special funds and accounts: Creation
396.860
Employment of legal and other expert services
396.861
Investment and reinvestment of revenues and proceeds of securities in federal securities.
396.862
Covenants and other provisions in bonds and other securities.
396.863
Pledged revenues received or credited subject to immediate lien
396.864
Rights and powers of holders of securities and trustees.
396.865
Receivers: Appointment
396.866
Rights and remedies cumulative.
396.867
Failure of holder to proceed does not relieve University and its officers, agents and employees of liability for nonperformance of duties.
396.868
Interim debentures: Maturity
396.869
Interim debentures: Security for payment.
396.870
Interim debentures: Extension and funding.
396.871
Interim debentures: Funding by reissuance of bonds pledged as collateral security
396.872
Refunding of securities payable from pledged revenues: Resolution
396.873
Refunding bonds: Exchange for outstanding bonds or federal securities
396.874
Conditions for refunding bonds.
396.875
Refunding bonds: Disposition of proceeds, accrued interest and premium
396.876
Proceeds of refunding bonds in escrow or trust: Investment
396.877
Refunding bonds payable from pledged revenues.
396.878
Issuance of bonds separately or in combination.
396.879
Other statutory provisions applicable to refunding bonds.
396.880
Conclusive determination of Board of Regents that statutory limitations have been met.
396.881
Bonds and other securities exempt from taxation
396.882
Bonds and other securities legal investments for state money.
396.883
Legal investments for other persons.
396.885
Liberal construction.
396.8145
“Chancellor of the University” defined.
396.8163
“Disposal” and “dispose” defined.
396.8167
“Equip” and “equipment” defined.
396.8395
Revenues which may be included as pledged revenues.
396.8455
Board of Regents authorized to delegate its authority to sign contract for purchase of securities or to accept bid for securities
396.8495
Resolution authorizing issuance of securities may fix rate of interest
396.8615
Investment and reinvestment of pledged revenues and proceeds of securities issued in investment contract collateralized with securities issued by Federal Government.
396.8625
Agreements in connection with securities: Exchange of interest rates
Last Updated

Jun. 24, 2021

§ 396.816’s source at nv​.us