Payments in lieu of taxes.

NRS 315.990 Payments in lieu of taxes. The Authority or a business entity, as applicable, shall agree with the governing body of each affected city, town, county or other political subdivision to make such payments in lieu of taxes as it finds consistent with the achievement of the purposes of NRS 315.961 to 315.99874, inclusive, including, without limitation, the development, operation and management of attainable housing. (Added to NRS by 1973, 619; A 1987, 525; 2005, 223; 2021, 1091)