NRS 705.700: Requirements for agreement or ordinance granting franchise for installation and operation.

An ordinance or agreement authorized pursuant to NRS 705.695:

1. Must provide standards for construction and may incorporate existing uniform codes.

2. May include requirements for licensing and zoning, and any other restrictions upon the construction and operation of a monorail.

3. Must include provisions:

(a) Addressing the compatibility of a proposed monorail for connection with a system of transportation operated on a public fixed guideway.

(b) Requiring the owner or operator and any private entity that desires to connect its system of transportation with a monorail to cooperate in such a manner as to provide for the compatibility of passenger stations for such a connection pursuant to terms and conditions that:

(1) Address the effect of that compatibility on the plans of the owner for the owner’s capital investment and provide for a reasonable and equitable allocation of that investment;

(2) Provide for a reasonable and equitable allocation of the costs to operate and maintain the monorail; and

(3) Mitigate any other effects on the owner or operator resulting from the provision of that compatibility.