Nevada Revised Statutes 705.4294 – Power of Commission to take certain actions regarding Super Speed Ground Transportation System; requirements for approval of route and terminals. [Expires by limitation 1 year after the date on which the Governor de…
is retired, whichever is later.]
Terms Used In Nevada Revised Statutes 705.4294
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
1. The Commission may:
(a) Subject to the provisions of subsection 2, secure a right-of-way and award a franchise for the construction and operation of a Super Speed Ground Transportation System principally following the route of Interstate Highway No. 15 between Las Vegas, Nevada, and a point in southern California.
(b) Acquire or gain control or use of land for rights-of-way, stations and ancillary uses through purchase, gift, lease, use permit or easement.
(c) Conduct engineering and other studies related to the selection and acquisition of rights-of-way and the selection of a franchisee, including, but not limited to, environmental impact studies, socioeconomic impact studies and financial feasibility studies. All local, state and federal environmental requirements must be met by the Commission.
(d) Evaluate alternative technologies, systems and operators for a Super Speed Ground Transportation System, and select a franchisee to construct and operate the Super Speed Ground Transportation System between southern California and Las Vegas.
(e) Establish criteria for the award of the franchise.
(f) Accept grants, gifts, fees and allocations from Nevada or its political subdivisions, the Federal Government, foreign governments and any private source.
(g) Issue debt, but this debt does not constitute an obligation of the State of California or the State of Nevada, or any of their political subdivisions.
(h) Hire an Executive Officer, other staff and any consultants deemed appropriate.
(i) Select the exact route and terminal sites.
(j) Obtain, or assist the selected franchisee in obtaining, all necessary permits and certificates from governmental entities in California and Nevada.
2. Before the:
(a) Commission or a franchisee begins construction in Nevada; and
(b) Receipt of any final certificates and permits necessary for the construction or use of a public right-of-way, the route and terminals selected by the Commission must be approved by the appropriate local, regional and state governmental entities in Nevada which have jurisdiction over the route and terminals located in this state. As a condition of awarding a franchise, the Commission shall require the franchisee to comply with this subsection.
3. Before the:
(a) Commission or a franchisee begins construction in California; and
(b) Receipt of any final certificates and permits necessary for the construction or use of a public right-of-way, the route and terminals selected by the Commission must be approved by the appropriate local, regional and state governmental entities in California which have jurisdiction over the route and terminals located in that state. As a condition of awarding a franchise, the Commission shall require the franchisee to comply with this subsection.