NRS 279.680 – Pledging portion of taxes for payment of principal and interest on loans, advances or indebtedness.
Except as otherwise provided in subsection 6 of NRS 279.676 and NRS 279.685 and 279.6855, in any redevelopment plan, or in the proceedings for the advance of money, or the making of loans, or the incurring of any indebtedness, whether funded, refunded, assumed or otherwise, by the redevelopment agency to finance or refinance, in whole […]
NRS 279.683 – Faith of State pledged not to impair securities.
The faith of the State is hereby pledged that this chapter, any law supplemental or otherwise pertaining thereto, and any other act concerning the bonds or other securities, taxes or the pledged revenues, or any combination of such securities, such taxes and such revenues will not be repealed or amended or otherwise directly or indirectly […]
NRS 279.685 – Certain cities to set aside revenue for affordable housing and public educational activities, programs and facilities; limitations; uses.
1. Except as otherwise provided in this section or subsections 6 and 7 of NRS 279.676, an agency of a city whose population is 500,000 or more that receives revenue from taxes pursuant to paragraph (b) of subsection 1 of NRS 279.676 shall set aside: (a) Not less than 15 percent of that revenue received […]
NRS 279.6855 – Certain cities to set aside revenue for public educational activities, programs and facilities; limitations.
1. Except as otherwise provided in this section, an agency of a city whose population is 220,000 or more but less than 500,000 that adopts an ordinance pursuant to paragraph (a) of subsection 1 of NRS 279.438 or subsection 4 of NRS 279.439 and which receives revenue pursuant to paragraph (b) of subsection 1 of […]
NRS 279.687 – Limitations on use of money set aside for public educational activities, programs and facilities.
A school district shall not use any money received pursuant to subsection 6 of NRS 279.676, paragraph (b), (c) or (d) of subsection 1 of NRS 279.685 or NRS 279.6855 to reduce or supplant the amount of any money which the school district would otherwise expend for the purposes described in those provisions. (Added to […]
NRS 279.700 – “Small business” defined.
As used in NRS 279.700 to 279.730, inclusive, “small business” means a business that employs not more than 25 persons. (Added to NRS by 2013, 796)
NRS 279.710 – Revolving loan account: Creation; investment; credit of interest and income; deposit of money; payment of claims; acceptance of gifts and grants.
1. Each legislative body shall create a revolving loan account in the treasury of the community. The account must be administered by the agency. 2. The money in a revolving loan account created pursuant to this section must be invested as money in other accounts in the treasury of the community is invested. All interest […]
NRS 279.720 – Revolving loan account: Authorized uses of money in account; limitation.
1. After deducting the costs directly related to administering a revolving loan account created pursuant to NRS 279.710, an agency may use the money in the account, including repayments of principal and interest on loans made from the account, and interest and income earned on money in the account, only to make loans at or […]
NRS 279.730 – Application for loan; requirements of contract for loan; regulations.
1. A small business located in a redevelopment area or a person who wishes to locate or relocate a new small business in a redevelopment area may submit an application to the agency for a loan from the revolving loan account created pursuant to NRS 279.710. An application must include a written description of the […]
NRS 279.678 – Assessment and taxation of leased redeveloped property; provision in lease for lessee to pay taxes.
Whenever property in any redevelopment project has been redeveloped and thereafter is leased by the redevelopment agency to any person or persons or whenever the agency leases real property in any redevelopment project to any person or persons for redevelopment, the property shall be assessed and taxed in the same manner as privately owned property, […]