NRS 318.500 – Hearing.
At the place, date and hour specified for the hearing in the notice or at any subsequent time to which the hearing may be adjourned, the board of county commissioners shall give full consideration to all protests which may have been filed and shall hear all persons desiring to be heard and shall thereafter adopt […]
NRS 318.505 – Filing of copies of ordinance.
Within 30 days after the effective date of any ordinance dissolving, merging or consolidating the district, the county clerk shall file a copy of the ordinance in the clerk’s office and shall cause to be filed an additional copy of the ordinance in the Office of the Secretary of State, which filings shall be without […]
NRS 318.508 – Effect of final ordinance to dissolve district included within boundaries of incorporated city.
If a final ordinance of dissolution is adopted pursuant to NRS 318.492: 1. The merger of the district is effective on July 1 of the year next following the date the incorporation of the city becomes effective. 2. The city shall assume the obligations and functions of the district. 3. Any outstanding and unpaid tax […]
NRS 318.510 – Surrender and transfer of property and money; collection and disposition of taxes and special assessments.
1. All property and all funds remaining in the treasury of any district must be: (a) Surrendered and transferred to the county in which the district exists and become a part of the general fund of the county, if the district is dissolved; (b) Transferred to the governmental unit which assumes its obligations and functions, […]
NRS 318.512 – Appraisal required; selection of appraisers; sale for less than appraisal prohibited.
Except as otherwise provided in NRS 318.1177, 318.118 and 318.215: 1. Before ordering any real property of the district for sale, the board of trustees must: (a) Except as otherwise provided in this paragraph, obtain two independent appraisals of the real property. If the board of trustees holds a public hearing on the matter of […]
NRS 318.5121 – Appraisers: Procedures for selection; disclosure statements; prohibitions.
1. The board of trustees shall adopt by resolution the procedures for creating and maintaining a list of appraisers qualified to conduct appraisals of real property offered for sale by the board. The list must: (a) Contain the names of all persons qualified to act as a general appraiser in the same county as the […]
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 318.320 – Revenue bonds: Issuance for acquisition or improvement of facilities.
A district created wholly or in part for a basic purpose or basic purposes in connection with which the district may derive revenues from the operation of facilities of the district or from the furnishing of services by the district, or from both such revenue sources, may issue bonds (without the necessity of holding an […]