Title 30

NRS 349.951 Director may charge fee against obligor; use of proceeds. 1. The Director may charge the obligor a fee not to exceed 2 percent of the principal amount of the financing, including a nonrefundable application fee not to exceed 0.25 percent of the principal amount or $7,…

NRS 349.952 Account for the Financing of Water Projects: Deposits; application of revenue; investment of money from revenue bonds. 1. Except as otherwise provided in subsection 3 and NRS 349.951, all amounts received by the Director from an obligor in connection with any financin…

NRS 349.953 Refunding. 1. Any bonds issued under the provisions of NRS 349.935 to 349.961, inclusive, may be refunded by the Director by the issuance of refunding bonds in an amount which the Director deems necessary to refund the principal of the bonds to be so refunded, any unp…

NRS 349.954 Limitation of actions. No action may be brought questioning the legality of any contract, lease, agreement, indenture, mortgage, order or bonds executed, adopted or taken in connection with any water project or improvements authorized by NRS 349.935 to 349.961, inclus…

NRS 349.955 Faith of State pledged against repeal, amendment or modification of NRS 349.935 to 349.961, inclusive. The faith of the State is hereby pledged that NRS 349.935 to 349.961, inclusive, will not be repealed, amended or modified to impair any outstanding bonds or any rev…

NRS 349.956 Exemption of water projects from requirements of other statutes; exception for statutes relating to employment of persons to work on construction projects. A water project is not subject to any requirements relating to public buildings, structures, ground works or imp…

NRS 349.957 Board for Financing Water Projects: Creation; members. 1. The Board for Financing Water Projects is hereby created. The Board consists of one ex officio member and five members appointed by the Governor. 2. The Governor shall appoint to the Board: (a) One member who i…

NRS 349.958 Board for Financing Water Projects: Compensation of members. 1. Each voting member of the Board is entitled to receive a salary of not more than $80 per day, as fixed by the Board, for his or her services while actually engaged in the performance of his or her duties …

NRS 349.959 Board for Financing Water Projects: Election of Chair; meetings. The Board shall: 1. At its first meeting and annually thereafter elect a Chair from among its voting members. 2. Meet regularly at least once in each calendar quarter and at other times upon the call of …

NRS 349.960 State Engineer may advise Board; State Engineer and Director may assist in preparation of preliminary plan. 1. The State Engineer shall advise the Board, upon its request, of the existence and status of any water rights which affect a water project under consideration…

NRS 349.961 Water projects: Preliminary plan; approval. 1. When any municipality or other obligor desires to undertake a water project, it may present its preliminary plan to the Board for approval. If the proposed water project affects drinking water, the Board shall request tha…

NRS 349.980 Definitions. As used in NRS 349.980 to 349.987, inclusive, unless the context otherwise requires: 1. “Board” means the Board for Financing Water Projects created pursuant to NRS 349.957. 2. “Community sewage disposal system” means a public system of sewage disposal wh…

NRS 349.981 Program to provide grants for water conservation and capital improvements to certain water systems; Board for Financing Water Projects to determine recipients of grants; applicability to certain recipients of provisions governing public works. 1. There is hereby estab…

NRS 349.982 Powers and duties of Board for Financing Water Projects: Administration of program; adoption of regulations; use of money in Fund to defray certain costs and expenses; imposition of administrative fee. 1. The Board shall administer the program and shall adopt regulati…

NRS 349.983 Purveyors of water that are eligible to receive grants; preference for smaller systems; matching money from other sources. 1. Grants may be made pursuant to paragraph (a) of subsection 1 of NRS 349.981 only for the Lincoln County Water District and those community and…

NRS 349.984 Fund for Grants for Water Conservation, Capital Improvements to Certain Water Systems and Improvements to Certain Sewage Disposal Systems: Creation; use; payment of claims. 1. The Fund for Grants for Water Conservation, Capital Improvements to Certain Water Systems an…

NRS 349.985 Fund for Grants for Water Conservation, Capital Improvements to Certain Water Systems and Improvements to Certain Sewage Disposal Systems: Deposit of money; interest and income credited to Fund. All money received for the Fund from: 1. The issuance of bonds pursuant t…

NRS 349.986 General obligation bonds. 1. The State Board of Finance shall issue general obligation bonds of the State of Nevada to support the purposes of the program established by NRS 349.981. The aggregate principal amount of such bonds outstanding at any one time may not exce…

NRS 349.987 Applicability of State Securities Law and certain provisions governing financing of water projects. 1. The provisions of NRS 349.150 to 349.364, inclusive, which are not inconsistent with the provisions of NRS 349.980 to 349.987, inclusive, apply to the bonds issued p…