NRS 268.806: Tax on revenues from rental of transient lodging located within district: Pledging of proceeds by city.
Where this section sits in the code
- TITLE 21 — CITIES AND TOWNS
- CHAPTER 268 - POWERS AND DUTIES COMMON TO CITIES AND TOWNS INCORPORATED UNDER GENERAL OR SPECIAL LAWS
- DISTRICT TO DEFRAY COST OF IMPROVING CENTRAL BUSINESS AREA
1. A city may pledge any money received from a tax imposed pursuant to NRS 268.804 or any combination of that money with revenue derived from the projects financed with the proceeds of the obligations for whose payment the money and revenue are pledged, with revenues of other revenue-producing projects of the city, including any existing or future extensions or enlargements of any of those projects, and with any revenues received by the city as grants under an interlocal agreement with any other entity in the county in which the city is located, or otherwise, for payment of general or special obligations of the city issued for projects described in NRS 268.805.
2. Any money pledged by the city pursuant to subsection 1 may be treated as pledged revenues of the project for the purposes of subsection 3 of NRS 350.020.
Collected 2026-09-03T05:51:35Z. Source file · JSON