NRS 349.986 – General obligation bonds.
1. The State Board of Finance shall issue general obligation bonds of the State of Nevada to support the purposes of the program established by NRS 349.981. The aggregate principal amount of such bonds outstanding at any one time may not exceed $125,000,000. 2. The net proceeds from the sale of the bonds must be […]
NRS 349.987 – Applicability of State Securities Law and certain provisions governing financing of water projects.
1. The provisions of NRS 349.150 to 349.364, inclusive, which are not inconsistent with the provisions of NRS 349.980 to 349.987, inclusive, apply to the bonds issued pursuant to NRS 349.986. 2. The provisions of NRS 349.935 to 349.956, inclusive, and 349.961 do not apply to the program or to any grants made or bonds […]
NRS 349.983 – Purveyors of water that are eligible to receive grants; preference for smaller systems; matching money from other sources.
1. Grants may be made pursuant to paragraph (a) of subsection 1 of NRS 349.981 only for the Lincoln County Water District and those community and nontransient water systems that: (a) Were in existence on January 1, 1995; and (b) Are currently publicly owned. 2. In making its determination of which purveyors of water are […]
NRS 349.984 – Fund for Grants for Water Conservation, Capital Improvements to Certain Water Systems and Improvements to Certain Sewage Disposal Systems: Creation; use; payment of claims.
1. The Fund for Grants for Water Conservation, Capital Improvements to Certain Water Systems and Improvements to Certain Sewage Disposal Systems is hereby created. 2. Except as otherwise provided by subsections 3 and 4 of NRS 349.982, the money in the Fund must be used only to make grants in furtherance of the program. 3. […]
NRS 349.985 – Fund for Grants for Water Conservation, Capital Improvements to Certain Water Systems and Improvements to Certain Sewage Disposal Systems: Deposit of money; interest and income credited to Fund.
All money received for the Fund from: 1. The issuance of bonds pursuant to NRS 349.986; or 2. Any other source, must be deposited with the State Treasurer to the credit of the Fund. The interest and income earned on the money in the Fund, after deducting any applicable charges, must be credited to the […]
NRS 349.955 – Faith of State pledged against repeal, amendment or modification of NRS 349.935 to 349.961, inclusive.
The faith of the State is hereby pledged that NRS 349.935 to 349.961, inclusive, will not be repealed, amended or modified to impair any outstanding bonds or any revenues pledged to their payment, or to impair, limit or alter the rights or powers vested in a city or county to acquire, finance, improve and equip […]
NRS 349.956 – Exemption of water projects from requirements of other statutes; exception for statutes relating to employment of persons to work on construction projects.
A water project is not subject to any requirements relating to public buildings, structures, ground works or improvements imposed by the statutes of this state or any other similar requirements which may be lawfully waived by this section, and any requirement of competitive bidding or other restriction imposed on the procedure for award of contracts […]
NRS 349.957 – Board for Financing Water Projects: Creation; members.
1. The Board for Financing Water Projects is hereby created. The Board consists of one ex officio member and five members appointed by the Governor. 2. The Governor shall appoint to the Board: (a) One member who is a representative of the county with the largest population in the State; (b) One member who is […]
NRS 349.958 – Board for Financing Water Projects: Compensation of members.
1. Each voting member of the Board is entitled to receive a salary of not more than $80 per day, as fixed by the Board, for his or her services while actually engaged in the performance of his or her duties as a member of the Board. 2. While engaged in the business of the […]
NRS 349.959 – Board for Financing Water Projects: Election of Chair; meetings.
The Board shall: 1. At its first meeting and annually thereafter elect a Chair from among its voting members. 2. Meet regularly at least once in each calendar quarter and at other times upon the call of the Chair. (Added to NRS by 1987, 2279; A 1991, 533)