NRS 408.55061 – “Other financial assistance” defined.
“Other financial assistance” means any use of money by the Bank for the benefit of a qualified borrower, including, without limitation, a grant, contribution, credit enhancement, capital or debt reserve for bonds or other debt instrument financing, an interest rate subsidy, letter of credit or other credit instrument, security for a bond or other debt […]
NRS 408.550615 – “Other infrastructure related to economic development” defined.
“Other infrastructure related to economic development” means infrastructure that: 1. Supports a public purpose while promoting economic development for a local, regional or state purpose; and 2. Is not a transportation facility, utility infrastructure, water and wastewater infrastructure, renewable energy infrastructure, recycling and sustainability infrastructure, digital infrastructure or social infrastructure. (Added to NRS by 2021, […]
NRS 408.55062 – “Project revenue” defined.
“Project revenue” means any rate, rent, fee, assessment related specifically to the project, charge or other receipt derived or to be derived by a qualified borrower from a qualified project and, if so provided in the applicable financing agreement, derived from any system of which the qualified project is a part or from any other […]
NRS 408.55063 – “Qualified borrower” defined.
“Qualified borrower” means a governmental unit, an Indian reservation or Indian colony or a private nonprofit entity created for charitable or educational purposes. (Added to NRS by 2017, 4127; A 2021, 3812, 3816)
NRS 408.55064 – “Qualified project” defined.
“Qualified project” means an eligible project that has been selected by the Bank to receive a loan or other financial assistance. (Added to NRS by 2017, 4127; A 2021, 3816)
NRS 408.550643 – “Recycling and sustainability infrastructure” defined.
“Recycling and sustainability infrastructure” means any infrastructure which allows for the processing, storage or transfer of recyclable materials as defined in NRS 444A.013. (Added to NRS by 2021, 3810)
NRS 408.550645 – “Renewable energy infrastructure” defined.
“Renewable energy infrastructure” means any infrastructure which allows for the generation, storage or use of renewable energy as defined in NRS 701.070. (Added to NRS by 2021, 3810)
NRS 408.550647 – “Social infrastructure” defined.
“Social infrastructure” means any infrastructure which: 1. Is used or useful for the construction, development and maintenance of facilities and systems that support social services, including, without limitation, those services related to health care, education, affordable housing, homelessness and food security; and 2. Augments existing services, including, without limitation, the services provided pursuant to chapters […]
NRS 408.55065 – “State and local accounts” defined.
“State and local accounts” means any accounts established pursuant to NRS 408.55073 which are necessary to hold money from state and local governments or contributions made from any other source, except for federal sources. (Added to NRS by 2017, 4127; A 2021, 3812, 3816)
NRS 408.55059 – “Loan obligation” defined.
“Loan obligation” means a bond, note or other evidence of a qualified borrower’s obligation to repay a loan given by the Bank. (Added to NRS by 2017, 4126; A 2021, 3816)