1. In a county whose population is 700,000 or more and in which a water authority exists, the water authority shall enter into an interlocal agreement with a city or town located in the county whose territory is not within the boundaries of the area served by the water authority or with a public entity in the county which provides water or wastewater services and which is not a member of the water authority to provide a distribution from the infrastructure fund of the water authority to the city, town or public entity after the city, town or public entity has filed with the water authority a detailed plan for acquiring, establishing, constructing, improving or equipping, or any combination thereof, a water or wastewater facility.
2. Such a city, town or public entity may request annually from the infrastructure fund of the water authority an amount of the proceeds of the tax for infrastructure received annually by the water authority that is equal to the proportion that the assessed valuation of taxable property within the boundaries of the city or town or the area served by the public entity, except any assessed valuation attributable to the net proceeds of minerals, bears to the total assessed valuation of taxable property within the county, except any assessed valuation attributable to the net proceeds of minerals. If the boundaries of such a city or town overlap with the boundaries of a public entity in such a county which provides water or wastewater services and which is not a member of the water authority, the water authority shall apportion equally between the city or town and the public entity the distribution from the infrastructure fund attributable to the assessed valuation in the area where the boundaries overlap.
3. The water authority shall not unreasonably refuse a request from such a city, town or public entity for a distribution from the infrastructure fund pursuant to the provisions of this section.
(Added to NRS by 1997, 2399; A 2011, 1243; 2013, 3134)
Structure Nevada Revised Statutes
Chapter 377B - Tax for Infrastructure
NRS 377B.020 - "Solid waste" defined.
NRS 377B.030 - "Wastewater facilities" defined.
NRS 377B.040 - "Water authority" defined.
NRS 377B.050 - "Water facilities" defined.
NRS 377B.110 - Mandatory provisions of ordinance imposing tax.
NRS 377B.120 - Mandatory provision of ordinance amending ordinance imposing tax.
NRS 377B.130 - Remittances to Department; deposit in Sales and Use Tax Account; distribution.
NRS 377B.140 - Redistribution by Department.
NRS 377B.150 - Infrastructure fund: Deposit of net tax proceeds.
NRS 377B.160 - Infrastructure fund: Expenditure of principal, interest and income.