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Nevada Revised Statutes Title 58. Energy; Public Utilities and Similar Entities § 705.700. Requirements for agreement or ordinance granting franchise for installation and operation

Current as of January 01, 2021 | Updated by FindLaw Staff

An ordinance or agreement authorized pursuant to NRS 705.695:

1. Must provide standards for construction and may incorporate existing uniform codes.

2. May include requirements for licensing and zoning, and any other restrictions upon the construction and operation of a monorail.

3. Must include provisions:

(a) Addressing the compatibility of a proposed monorail for connection with a system of transportation operated on a public fixed guideway.

(b) Requiring the owner or operator and any private entity that desires to connect its system of transportation with a monorail to cooperate in such a manner as to provide for the compatibility of passenger stations for such a connection pursuant to terms and conditions that:

(1) Address the effect of that compatibility on the plans of the owner for the owner’s capital investment and provide for a reasonable and equitable allocation of that investment;

(2) Provide for a reasonable and equitable allocation of the costs to operate and maintain the monorail;  and

(3) Mitigate any other effects on the owner or operator resulting from the provision of that compatibility.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 58. Energy; Public Utilities and Similar Entities § 705.700. Requirements for agreement or ordinance granting franchise for installation and operation - last updated January 01, 2021 | https://codes.findlaw.com/nv/title-58-energy-public-utilities-and-similar-entities/nv-rev-st-705-700/

Read this complete Nevada Revised Statutes Title 58. Energy; Public Utilities and Similar Entities § 705.700. Requirements for agreement or ordinance granting franchise for installation and operation on Westlaw

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