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 318.5122 – Resolution declaring intent to sell at auction and finding that sale is in best interest of district; notice.
1. Except as otherwise provided in NRS 318.1177, 318.118, 318.215 and 318.5124, before ordering the sale of any real property owned by the general improvement district, the board of trustees shall, in open meeting by a majority vote of the members, adopt a resolution declaring the intention of the board to sell the property at […]
NRS 318.5123 – Conduct of sale at auction; withdrawal of property from sale; proceeds; costs.
1. At the time and place fixed in the resolution for the meeting of the board of trustees adopted pursuant to NRS 318.5122, all sealed bids which have been received must, in public session, be opened, examined and declared by the board. Of the bids submitted which conform to all terms and conditions specified in […]
NRS 318.5124 – Exceptions to requirements for sale at auction.
A board of trustees may sell any real property owned by the district without complying with the provisions of NRS 318.5122 and 318.5123 to: 1. A person who owns real property located adjacent to the real property to be sold if the board has determined by resolution that the sale will be in the best […]
NRS 318.495 – Protests; adoption of final ordinance.
1. Any person who owns property which is located within the district may, on or before the date fixed, protest against the dissolution, merger or consolidation of such district, in writing, which protest shall be filed with the county clerk of such county. 2. If, at or before the time fixed by the ordinance and […]
NRS 318.272 – Judicial review.
Any party aggrieved by a final decision of the board of county commissioners pursuant to NRS 318.271 may obtain judicial review of the decision, as if the board of county commissioners were a state agency, in the manner provided by NRS 233B.130 to 233B.150, inclusive. (Added to NRS by 1989, 1600; A 1991, 470)
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: […]