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NRS 318.275 – Forms of borrowing; approval of debt management commission.

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 […]

NRS 318.277 – Debt limit of district.

A district may borrow money and incur or assume indebtedness therefor, as provided in this chapter, so long as the total of all such indebtedness (but excluding revenue bonds, special assessment bonds, and other securities constituting special obligations which are not debts) does not exceed an amount equal to 50 percent of the total of […]

NRS 318.280 – Short-term notes, warrants and interim debentures.

1. A district, upon the affirmative vote of four trustees, is authorized to borrow money without an election in anticipation of the collection of taxes or other revenues (but excluding special assessments) and to issue short-term notes, warrants and interim debentures to evidence the amount so borrowed. 2. Such short-term notes, warrants and interim debentures: […]

NRS 318.350 – Assessments to pay expenses of improvements; exempt property.

1. Except as otherwise provided in subsection 2, such part of the expenses of making any public improvement (to implement any one, all or any combination of basic powers stated in NRS 318.116 and granted to any district in proceedings for its organization or in any proceedings for its reorganization or as may be otherwise […]