NRS 271.536: Advances of money for certain improvements in lieu of issuance of bonds or interim securities.
Where this section sits in the code
- TITLE 22 — COOPERATIVE AGREEMENTS BY PUBLIC AGENCIES; REGIONAL TRANSPORTATION COMMISSIONS; PLANNING AND ZONING; DEVELOPMENT AND REDEVELOPMENT
- CHAPTER 271 - LOCAL IMPROVEMENTS
- GENERAL PROCEDURE FOR LOCAL IMPROVEMENTS
In lieu of issuing bonds or interim securities to defray the cost of an improvement to be constructed by way of a special improvement district, the governing body may advance money to cover that cost from:
1. The general fund of the municipality, if the cost of the improvement does not exceed $300,000; or
2. A proprietary fund, if the municipality has established a proprietary fund for that purpose pursuant to NRS 354.612.
Collected 2026-09-03T05:51:36Z. Source file · JSON