Conditions upon collection of impact fee.

NRS 278B.250 Conditions upon collection of impact fee. An impact fee must not be collected unless: 1. Collection is made to pay for a capital improvement or facility expansion which has been identified in the capital improvements plan; 2. The local government agrees to reserve capacity to serve future development and the owner and the local government enter into a written agreement to do so; or 3. The local government agrees that the owner of a new development may construct or finance the capital improvements or facility expansions and: (a) The costs incurred or money advanced will be credited against the impact fees otherwise due from the new development; or (b) It will reimburse the owner for those costs from the impact fees paid from other developments which will use those capital improvements or facility expansions. (Added to NRS by 1989, 842)