Nevada Revised Statutes
Chapter 279 - Redevelopment of Communities
NRS 279.670 - Bonds, interest and income exempted from taxes; exceptions.

Nevada Revised Statutes

Chapter 279 - Redevelopment of Communities

NRS 279.382 - Short title.

NRS 279.384 - Definitions.

NRS 279.385 - "Affordable housing" defined.

NRS 279.386 - "Agency" defined.

NRS 279.388 - "Blighted area" defined.

NRS 279.390 - "Bonds" defined.

NRS 279.392 - "Community" defined.

NRS 279.3925 - "Developer" defined.

NRS 279.393 - "Eligible railroad" defined.

NRS 279.394 - "Federal Government" defined.

NRS 279.396 - "Legislative body" defined.

NRS 279.398 - "Obligee" defined.

NRS 279.400 - "Planning commission" defined.

NRS 279.404 - "Public body" defined.

NRS 279.405 - "Public educational activities and programs" defined.

NRS 279.406 - "Real property" defined.

NRS 279.408 - "Redevelopment" defined.

NRS 279.410 - "Redevelopment area" defined.

NRS 279.412 - "Redevelopment project" defined.

NRS 279.413 - "Southern Nevada Enterprise Community" defined.

NRS 279.414 - "State" defined.

NRS 279.416 - Declaration of state policy: Necessity of redevelopment of blighted areas.

NRS 279.418 - Declaration of state policy: Growing menace of blighted areas to public health, safety and welfare; benefits to inhabitants resulting from remedying conditions.

NRS 279.420 - Declaration of state policy: Inability of individual landowners to rehabilitate property; remedy by public acquisition.

NRS 279.422 - Declaration of state policy: Temporary government-owned wartime housing projects as blighted areas.

NRS 279.424 - Declaration of state policy: Redevelopment of blighted areas by eminent domain; public use; necessity.

NRS 279.425 - Declaration of state policy: Adequate supply of decent, safe and sanitary affordable housing necessary to accomplish purposes of Community Redevelopment Law.

NRS 279.426 - Agency for redevelopment: Creation.

NRS 279.428 - Resolution of legislative body as prerequisite to functioning of agency.

NRS 279.430 - Authority of agency conclusively presumed from resolution.

NRS 279.432 - Powers of public bodies in aid of local redevelopment.

NRS 279.434 - Exemption of agency and property from execution, process or lien; exceptions.

NRS 279.436 - Suspension of agency’s authority.

NRS 279.438 - Termination of redevelopment plan adopted before January 1, 1991, and amendments to plan; extension of plan.

NRS 279.439 - Termination of redevelopment plan adopted on or after January 1, 1991, and amendments to plan.

NRS 279.440 - Appointment of members; exceptions.

NRS 279.442 - Restriction on appointment of members.

NRS 279.443 - Alternative method of appointment of members; staggering of terms of resident electors; successors; vacancies.

NRS 279.444 - Action of legislative body as alternative to appointment of members; community’s exercise of powers; delegation of powers and functions.

NRS 279.446 - Terms of office of members; vacancies.

NRS 279.448 - Chair: Designation; election; term of office.

NRS 279.450 - Compensation and expenses of members.

NRS 279.452 - Removal of member: Grounds; procedure.

NRS 279.454 - Interest in property included in redevelopment area forbidden; disclosure of interest; exception.

NRS 279.456 - Acquisition of property by agency from member or officer by eminent domain.

NRS 279.458 - Agency’s power vested in members.

NRS 279.460 - Agency’s governmental functions; powers.

NRS 279.462 - Powers of agency.

NRS 279.464 - Services and facilities available to agency.

NRS 279.466 - Personnel: Selection; employment; compensation; limitations.

NRS 279.468 - Preparation of plans for blighted areas; dissemination of redevelopment information; acceptance and expenditure of money; creation of residential plan; budget.

NRS 279.470 - Acquisition, management, disposal and encumbrance of interests in real and personal property; insurance.

NRS 279.471 - Requirements for agency to exercise power of eminent domain; resolutions; limited judicial review.

NRS 279.4712 - Prerequisites to agency exercising power of eminent domain; requirements for written offer; appraisal performed on behalf of owner of property.

NRS 279.4714 - Prerequisite to request that agency exercise power of eminent domain.

NRS 279.472 - Leases or sales: Public hearing.

NRS 279.474 - Development of building sites.

NRS 279.476 - Rehousing bureau.

NRS 279.478 - Assistance for relocation.

NRS 279.480 - Investments.

NRS 279.482 - Imposition of conditions on lessees and purchasers; employment plan required in proposal for redevelopment project; contents of plan.

NRS 279.484 - Breach of covenants running with the land.

NRS 279.486 - Purchase and construction of certain buildings, facilities and improvements; certain agencies to prepare report related to purchase and construction; contribution by and reimbursement of community or other governmental entity.

NRS 279.488 - Continuation of existing buildings on land; justification for acquisition by agency.

NRS 279.490 - Financial assistance from governmental and private sources.

NRS 279.492 - Eminent domain: Existing public use; consent of public body.

NRS 279.494 - Territorial jurisdiction: Counties; cities.

NRS 279.496 - Property owned in redevelopment project: Payment of money in lieu of taxes.

NRS 279.498 - Work exceeding $10,000 requires competitive bidding.

NRS 279.500 - Applicability of provisions governing payment of prevailing wage for public works projects.

NRS 279.508 - Joint exercise of powers by two or more agencies: Authority; action at joint hearings and meetings or by designated agency.

NRS 279.510 - Joint exercise of powers by two or more agencies: Designated agency to obtain report and recommendation of planning commissions concerning conformity of redevelopment plan to community’s master or general plan.

NRS 279.512 - Joint exercise of powers by two or more agencies: Designated agency’s cooperation with planning commissions in formulating redevelopment plans.

NRS 279.514 - Redevelopment of area within another community’s territory.

NRS 279.516 - Prerequisites of community for redevelopment: Planning commission; master plan.

NRS 279.518 - Designation of areas for evaluation as redevelopment areas.

NRS 279.519 - Areas acceptable for designation as redevelopment areas; percentage of redevelopment area required to be improved land; requirements for boundaries of certain redevelopment areas; inclusion of taxable property in redevelopment area.

NRS 279.520 - Contents of resolution designating area for evaluation.

NRS 279.522 - Requests for evaluation of particular area.

NRS 279.524 - Selection of redevelopment area; preliminary plan.

NRS 279.526 - Preliminary plan: Sufficiency.

NRS 279.528 - Submission of preliminary plan to agency; analysis.

NRS 279.530 - Cooperation of agency and planning commission.

NRS 279.564 - Preparation or adoption of redevelopment plan by agency; hearings and negotiations.

NRS 279.566 - Property owners’ participation and assistance in redevelopment; agency’s rules; provisions if nonparticipation.

NRS 279.568 - Conformance to master or general plan for community.

NRS 279.570 - Report by planning commission; vote of legislative body.

NRS 279.572 - Contents of redevelopment plan: General requirements.

NRS 279.574 - Contents of redevelopment plan: Leases and sales of real property by agency.

NRS 279.576 - Contents of redevelopment plan: Acquisition of property; bonds.

NRS 279.578 - Submission of redevelopment plan to legislative body; report required.

NRS 279.580 - Matters to be considered by legislative body; public hearing; notice.

NRS 279.583 - Proposals by legislative body to exclude certain land from proposed redevelopment area.

NRS 279.586 - Adoption of redevelopment plan by ordinance: Determinations; contents of ordinance.

NRS 279.589 - Effect of decision of legislative body.

NRS 279.598 - Safeguards required that redevelopment will be carried out; controls.

NRS 279.602 - Copy of ordinance transmitted to agency.

NRS 279.6025 - Submission of initial and annual reports for each redevelopment area in redevelopment plan.

NRS 279.603 - Recording of statement regarding redevelopment; transmission of certain information if taxes are to be divided.

NRS 279.6035 - Applicants for building permits must be advised of redevelopment area.

NRS 279.604 - Approval of contracts by legislative body.

NRS 279.608 - Material deviation from or amendment of redevelopment plan: Recommendation to legislative body; hearing; notice; report and recommendations by planning commission; action by legislative body.

NRS 279.609 - Limitations on actions to question validity of redevelopment plan or amendment.

NRS 279.6092 - Applicability.

NRS 279.6093 - Employment plan by developer in proposal for redevelopment project; contents; duty to submit plan to Nevada Commission on Minority Affairs and Southern Nevada Enterprise Community Board; plan is public record.

NRS 279.6094 - Employment plan required for redevelopment project built as public work.

NRS 279.6096 - Partial withholding of incentive by agency.

NRS 279.6097 - Progress report on employment plan by developer of redevelopment project; contents; duty of agency to submit report to Nevada Commission on Minority Affairs and Southern Nevada Enterprise Community Board; report is public record.

NRS 279.6098 - Report by developer of information relating to redevelopment project; penalty for failure to submit report.

NRS 279.6099 - Appeal of refusal to pay amount of incentive withheld by agency.

NRS 279.60993 - Progress report by business that relocates into redevelopment area; contents; duty to submit report to Nevada Commission on Minority Affairs and Southern Nevada Enterprise Community Board; report is public record.

NRS 279.610 - Appropriations.

NRS 279.612 - Annual budget.

NRS 279.614 - Agency’s administrative fund.

NRS 279.616 - Money appropriated to defray administrative expenses; agency not department of community; status of agency’s employees.

NRS 279.618 - Agency’s reports to legislative body.

NRS 279.619 - Limitation on issuing securities or incurring indebtedness.

NRS 279.620 - Revolving fund: Establishment; sources.

NRS 279.622 - Issuance and sale of general obligation bonds: Purposes; amount authorized.

NRS 279.624 - Agreement with respect to amount of general obligation bonds where plan contains provision authorized by NRS 279.676.

NRS 279.625 - Special election may be held only if emergency exists.

NRS 279.626 - Issuance of general obligation bonds: Manner; limitations; exceeding limitation.

NRS 279.628 - Expenditures from revolving fund.

NRS 279.630 - Sale or lease of property acquired from revolving fund: Minimum amount; redeposit of proceeds; approval of sale or lease.

NRS 279.632 - Abolition of revolving fund; transfer of money.

NRS 279.634 - Bonds: Issuance for corporate or refunding purposes.

NRS 279.636 - Types of bonds which agency may issue; additional security for bonds.

NRS 279.638 - Liability on bonds; limitation of indebtedness.

NRS 279.640 - Authorization of bonds; sale.

NRS 279.642 - Validity of bonds: Termination of office.

NRS 279.644 - Negotiability of bonds.

NRS 279.646 - Validity of bonds: Presumptions.

NRS 279.648 - Issuance of bonds: Pledge of revenues; encumbrances of property.

NRS 279.650 - Issuance of bonds: Limitations on further indebtedness and transactions.

NRS 279.652 - Issuance of bonds: Use of proceeds; lost or destroyed bonds; extension of time for payment; redemption.

NRS 279.654 - Issuance of bonds: Rentals and revenues; special funds.

NRS 279.656 - Issuance of bonds: Abrogation or amendment of contracts with bondholders.

NRS 279.658 - Issuance of bonds: Use and maintenance of property; insurance.

NRS 279.660 - Issuance of bonds: Effects of breach of covenants; events of default; waiver.

NRS 279.662 - Power of agency to provide for powers and duties of bondholders’ trustee or bondholders.

NRS 279.664 - Power of agency to make additional covenants; additional powers.

NRS 279.666 - Rights of agency’s obligee.

NRS 279.668 - Rights of agency’s obligee upon default.

NRS 279.670 - Bonds, interest and income exempted from taxes; exceptions.

NRS 279.672 - Bonds of agency as legal investments.

NRS 279.674 - "Taxes" defined.

NRS 279.676 - Allocation, division and disposition of money from taxes; limitation on revenue; repayment of bond or other indebtedness; recalculation of total assessed value of taxable property in redevelopment area in county whose population is 700,...

NRS 279.678 - Assessment and taxation of leased redeveloped property; provision in lease for lessee to pay taxes.

NRS 279.680 - Pledging portion of taxes for payment of principal and interest on loans, advances or indebtedness.

NRS 279.683 - Faith of State pledged not to impair securities.

NRS 279.685 - Certain cities to set aside revenue for affordable housing and public educational activities, programs and facilities; limitations; uses.

NRS 279.6855 - Certain cities to set aside revenue for public educational activities, programs and facilities; limitations.

NRS 279.687 - Limitations on use of money set aside for public educational activities, programs and facilities.

NRS 279.700 - "Small business" defined.

NRS 279.710 - Revolving loan account: Creation; investment; credit of interest and income; deposit of money; payment of claims; acceptance of gifts and grants.

NRS 279.720 - Revolving loan account: Authorized uses of money in account; limitation.

NRS 279.730 - Application for loan; requirements of contract for loan; regulations.