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Current as of January 01, 2021 | Updated by FindLaw Staff
For any such purpose, the board, at any time or from time to time, in the name and on the behalf of the county may:
1. Issue:
(a) General obligation bonds, payable from taxes; and
(b) General obligation bonds, payable from taxes, which payment is additionally secured by a pledge of gross or net revenues derived from the operation of such recreational facilities, and, if so determined by the board, further secured by a pledge of such other gross or net revenues as may be derived from any other income-producing project of the county or from any license or other excise taxes levied for revenue, as may be legally made available for their payment;
2. Issue revenue bonds payable solely from the gross or net revenues to be derived from the operation of such recreational facilities, as the board may decide; and
3. Make a contract creating an indebtedness with the United States of America, or any agency or instrumentality thereof, or any other person or agency, public or private, if a question authorizing such contract is submitted to and approved by the electors of the county in the manner provided for a question in NRS 350.020 to 350.070, inclusive.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 20. Counties and Townships: Formation, Government and Officers § 244A.445. Issuance of general obligation or revenue bonds - last updated January 01, 2021 | https://codes.findlaw.com/nv/title-20-counties-and-townships-formation-government-and-officers/nv-rev-st-244a-445.html
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