2015 Nevada Revised Statutes
Chapter 309 - Local Improvement Districts
NRS 309.170 - Formulation of general plan of operations; election to authorize expense.

1. As soon as practicable after the organization of a district, the board of directors shall, by a resolution entered on its records, formulate a general plan of its proposed operations in which it shall state what constructed works or other property it proposes to purchase and the cost of purchasing the property and what construction work it proposes to do, and how it proposes to raise the money for carrying out the general plan. The board shall cause such surveys and examinations to be made as will furnish a proper basis for an estimate of the cost of carrying out the construction work. All such surveys, examinations, maps, plans and estimates must be made under the direction of, and certified by, a competent engineer. Upon receiving the report of the engineer, the board shall proceed to determine the amount of money necessary to be raised for the purchase of property and the construction of works. The board shall, at a special election or the next district election or primary state election, submit to the electors of the district possessing the qualifications prescribed by this chapter the question of whether the expense shall be authorized and whether by bond issue or otherwise.

2. Notice of the election must specify the time of holding the election, the amount of bonds proposed to be issued and a statement that such plans and estimates as have been made are on file for inspection by the electors of the district at the office of the board.

3. The election must be held and the result thereof determined and declared in all respects as nearly as practicable in conformity with the provisions of this chapter governing the election of officers, and no informalities in conducting the election will invalidate the election if it was otherwise fairly conducted.

4. At the election the ballot must contain the words “................ (Question) Yes,” or “................ (Question) No,” or words equivalent thereto. If two-thirds or more of the votes cast are “Yes,” the board of directors may incur the expense, and, if a bond issue is authorized, shall cause bonds in the amount authorized to be issued. If more than one-third of the votes cast at any bond election are “No,” the result of the election must be so declared and entered of record. Thereafter, whenever the board in its judgment deems it in the best interest of the district that the question of the issuance of bonds in such amount, or in any other amount, be submitted to the electors it shall so declare of record in its minutes, and may thereupon submit that question to the electors in the same manner and with like effect as the previous election, but no question may be resubmitted to the electors within 1 year after the question has been voted upon and rejected.

[15:24:1928; NCL § 3469]—(NRS A 1993, 1056)