Nevada Revised Statutes 279.654 – Issuance of bonds: Rentals and revenues; special funds
Current as of: 2023 | Check for updates
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An agency may:
Terms Used In Nevada Revised Statutes 279.654
- 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
1. Covenant as to the consideration or rents and fees to be charged in the sale or lease of a redevelopment project, the amount to be raised each year or other period of time by rents, fees and other revenues, and as to their use and disposition.
2. Create or authorize the creation of special funds for money held for redevelopment or other costs, debt service, reserves or other purposes, and covenant as to the use and disposition of such money.