1. Except as otherwise provided in this subsection, money to acquire, develop, construct, equip, operate, maintain, improve and manage libraries, parks, recreational programs and facilities, and facilities and services for senior citizens, and to preserve and protect agriculture, or for any combination of those purposes may be obtained, as the board may determine:
(a) By the issuance of bonds and other securities as provided in subsection 2, subject to any pledges, liens and other contractual limitations made pursuant to this chapter;
(b) By direct distribution from the support fund for agriculture, libraries, parks, recreation and senior citizens; or
(c) By both the issuance of such securities and by direct distribution.
Money to acquire, develop, construct, equip, operate, maintain, improve and manage recreational programs must not be obtained by the issuance of bonds.
2. The board may, after the enactment of an ordinance authorized by paragraph (d) of subsection 1 of NRS 377A.020, from time to time issue bonds and other securities, which are general or special obligations of the county and which may be secured as to principal and interest by a pledge authorized by this chapter of the receipts from the tax imposed by that ordinance.
3. The ordinance authorizing the issuance of any bond or other security must describe the purpose for which it is issued.
(Added to NRS by 2005, 1396)
Structure Nevada Revised Statutes
Chapter 377A - Taxes for Miscellaneous Special Purposes
NRS 377A.011 - "Agriculture" defined.
NRS 377A.012 - "Board" defined.
NRS 377A.014 - "Construction, maintenance and repair" defined.
NRS 377A.0145 - "Facility for senior citizens" defined.
NRS 377A.015 - "Library" defined.
NRS 377A.0155 - "Park" defined.
NRS 377A.016 - "Public transit system" defined.
NRS 377A.017 - "Recreational facility" defined.
NRS 377A.0175 - "Recreational program" defined.
NRS 377A.018 - "Senior citizen" defined.
NRS 377A.019 - "Services for senior citizens" defined.
NRS 377A.030 - Mandatory provisions of ordinance imposing tax.
NRS 377A.040 - Mandatory provision of ordinance amending ordinance imposing tax.
NRS 377A.050 - Remittances to Department; deposit in Sales and Use Tax Account; distribution.
NRS 377A.060 - Redistribution by Department.
NRS 377A.062 - Fund for county swimming pool: Deposit and use of net tax proceeds.
NRS 377A.064 - County fund for promotion of tourism: Deposit of net tax proceeds.
NRS 377A.070 - Public transit fund: Deposit of net tax proceeds.
NRS 377A.120 - Department’s authority to act for counties.