Nevada Revised Statutes 705.700 – Requirements for agreement or ordinance granting franchise for installation and operation
An ordinance or agreement authorized pursuant to NRS 705.695:
Terms Used In Nevada Revised Statutes 705.700
- Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
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.