reglab/housing_qa huggingface dataset:
NV Rev Stat § 318.320 (2021)
2021 Nevada Revised Statutes|Chapter 318 - General Improvement Districts|NRS 318.320 - Revenue bonds: Issuance for acquisition or improvement of facilities.

A district created wholly or in part for a basic purpose or basic purposes in connection with which the district may derive revenues from the operation of facilities of the district or from the furnishing of services by the district, or from both such revenue sources, may issue bonds (without the necessity of holding an election and as an alternative or in addition to other forms of borrowing authorized in this chapter) for the purpose of acquiring or improving facilities appertaining to any such basic purpose, and such bonds shall be made payable solely out of the net revenues derived from the operation of such facilities or the furnishing of such services, or from both such revenue sources of the district; but a single bond issue may be had for more than one of such facilities or services and the revenues for any and all of the income-producing facilities and services provided by the district may be pledged to pay for any other such facilities or service. To that end, a single utility fund for all or any number of such facilities and services may be established and maintained.  (Added to NRS by 1959, 471; A 1963, 633; 1967, 1706)
NV Rev Stat § 318.325 (2021)
2021 Nevada Revised Statutes|Chapter 318 - General Improvement Districts|NRS 318.325 - Local Government Securities Law: Types of securities authorized to be issued.

  1. Subject to the limitations and other provisions in this chapter, a board of any district may issue on its behalf and in its name at any time or from time to time, as the board may determine, the following types of securities in accordance with the provisions of the Local Government Securities Law, except as otherwise provided in subsection 2:  (a) General obligation bonds and other general obligation securities payable from general (ad valorem) property taxes;  (b) General obligation bonds and other general obligation securities payable from general (ad valorem) property taxes, the payment of which securities is additionally secured by a pledge of and lien on net revenues;  (c) Revenue bonds and other securities constituting special obligations and payable from net revenues, but excluding the proceeds of any general (ad valorem) property taxes or any special assessments, which payment is secured by a pledge of and lien on such net revenues; or  (d) Any combination of such securities.  2. General obligation or revenue bonds may be sold at a discount only if the amount of discount permitted by the board has been capitalized as a cost of the project.  (Added to NRS by 1959, 472; A 1965, 1083; 1967, 229, 1706; 1969, 870, 1288; 1971, 2108; 1975, 854; 1979, 584; 1981, 960)
NV Rev Stat § 318.339 (2021)
2021 Nevada Revised Statutes|Chapter 318 - General Improvement Districts|NRS 318.339 - Power of certain districts to borrow money from State or Federal Government.

A district organized or reorganized pursuant to this chapter and authorized to exercise any of the basic powers provided in NRS 318.140, 318.142 and 318.144 may borrow money from the State or Federal Government without limitation by other provisions of this chapter. The power conferred by this section may be exercised only for the purpose of exercising one or more of the basic powers enumerated in this section, whether or not the district is authorized to exercise any other basic power.  (Added to NRS by 1968, 58)
NV Rev Stat § 318.350 (2021)
2021 Nevada Revised Statutes|Chapter 318 - General Improvement Districts|NRS 318.350 - Assessments to pay expenses of improvements; exempt property.

  1. Except as otherwise provided in subsection 2, such part of the expenses of making any public improvement (to implement any one, all or any combination of basic powers stated in NRS 318.116 and granted to any district in proceedings for its organization or in any proceedings for its reorganization or as may be otherwise provided by law), as the board determines by an affirmative vote of at least two-thirds of its members, may be defrayed by special assessments upon lands and premises abutting upon that part of the street or alley so improved or proposed so to be, or the lands abutting upon the improvement and the other lands as in the opinion of the board may be specially benefited by the improvement.  2. Unless the board of trustees of the district consents to the assessment, all property owned and used by a school district is exempt from any assessment made pursuant to the provisions of this chapter.  (Added to NRS by 1959, 473; A 1975, 855; 1981, 961; 1989, 1043; 1991, 696)
NV Rev Stat § 318.490 (2021)
2021 Nevada Revised Statutes|Chapter 318 - General Improvement Districts|NRS 318.490 - Initiation by ordinance; notice; agreement of board of trustees of certain districts required.

  1. Except as otherwise provided in NRS 318.492, whenever a majority of the members of the board of county commissioners of any county deem it to be in the best interests of the county and of the district that the district be merged, consolidated or dissolved, or if the board of trustees of a district, by resolution pursuant to subsection 3, agrees to such a merger, consolidation or dissolution, the board of county commissioners shall so determine by ordinance, after there is first found, determined and recited in the ordinance that:  (a) All outstanding indebtedness and bonds of all kinds of the district have been paid or will be assumed by the resulting merged or consolidated unit of government.  (b) The services of the district are no longer needed or can be more effectively performed by an existing unit of government.  2. The county clerk shall thereupon certify a copy of the ordinance to the board of trustees of the district and shall mail written notice to all property owners within the district in the county, containing the following:  (a) The adoption of the ordinance;  (b) The determination of the board of county commissioners that the district should be dissolved, merged or consolidated; and  (c) The time and place for hearing on the dissolution, merger or consolidation.  3. If a majority of the members of the board of county commissioners of a county deems it to be in the best interests of the county and of a district with annual revenues of more than $1,000,000 that was, on October 1, 2005, exercising powers pursuant to NRS 318.140, 318.142 or 318.144, that the district be merged, consolidated or dissolved, the board of county commissioners shall submit the question of the merger, consolidation or dissolution to the board of trustees of the district. If the board of trustees of the district, by resolution, does not agree to the merger, consolidation or dissolution within 90 days after the question was submitted to it, the district may not be merged, consolidated or dissolved.  (Added to NRS by 1959, 482; A 1965, 1087; 1973, 562; 1989, 521; 2005, 728; 2017, 2011)
NV Rev Stat § 318.492 (2021)
2021 Nevada Revised Statutes|Chapter 318 - General Improvement Districts|NRS 318.492 - Procedure when district included within boundaries of incorporated city.

  1. If all the territory within a district organized pursuant to this chapter is included within the boundaries of a city incorporated under the provisions of chapter 266 of NRS, the board of county commissioners of the county shall, within 90 days after the filing of the notice required by NRS 266.033, adopt an ordinance providing for the merger of the district with the city and fixing a time and place for a hearing on the merger.  2. The county clerk shall certify a copy of the ordinance and give notice of its adoption in the manner provided by subsection 2 of NRS 318.490.  3. The board of county commissioners shall thereafter proceed to hear and determine the matter as provided in NRS 318.495 and 318.500.  (Added to NRS by 1989, 520)
NV Rev Stat § 318.495 (2021)
2021 Nevada Revised Statutes|Chapter 318 - General Improvement Districts|NRS 318.495 - Protests; adoption of final ordinance.

  1. Any person who owns property which is located within the district may, on or before the date fixed, protest against the dissolution, merger or consolidation of such district, in writing, which protest shall be filed with the county clerk of such county.  2. If, at or before the time fixed by the ordinance and notice, written protest is filed signed by a majority of the owners of property within the district, the district shall not be dissolved, merged or consolidated. If any written protests are filed and the board of county commissioners determines that the protests so filed represent less than a majority of the owners of property within the district, the board may, if it so determines, complete the dissolution, merger or consolidation by the adoption of a final ordinance of dissolution, which ordinance shall contain a recital of the protests, and such recital is binding and conclusive for all purposes.  (Added to NRS by 1959, 482; A 1965, 1087; 1977, 535)
NV Rev Stat § 318.500 (2021)
2021 Nevada Revised Statutes|Chapter 318 - General Improvement Districts|NRS 318.500 - Hearing.

At the place, date and hour specified for the hearing in the notice or at any subsequent time to which the hearing may be adjourned, the board of county commissioners shall give full consideration to all protests which may have been filed and shall hear all persons desiring to be heard and shall thereafter adopt either the final ordinance of dissolution, merger or consolidation or an ordinance determining that it shall not be dissolved, merged or consolidated.  (Added to NRS by 1959, 482; A 1965, 1087)
NV Rev Stat § 318.505 (2021)
2021 Nevada Revised Statutes|Chapter 318 - General Improvement Districts|NRS 318.505 - Filing of copies of ordinance.

Within 30 days after the effective date of any ordinance dissolving, merging or consolidating the district, the county clerk shall file a copy of the ordinance in the clerk’s office and shall cause to be filed an additional copy of the ordinance in the Office of the Secretary of State, which filings shall be without fee and be otherwise in the same manner as articles of incorporation are required to be filed under chapter 78 of NRS.  (Added to NRS by 1959, 482; A 1965, 1087)
NV Rev Stat § 318.508 (2021)
2021 Nevada Revised Statutes|Chapter 318 - General Improvement Districts|NRS 318.508 - Effect of final ordinance to dissolve district included within boundaries of incorporated city.

If a final ordinance of dissolution is adopted pursuant to NRS 318.492:  1. The merger of the district is effective on July 1 of the year next following the date the incorporation of the city becomes effective.  2. The city shall assume the obligations and functions of the district.  3. Any outstanding and unpaid tax sale or levy and any special assessment lien of the district is valid and remains a lien upon the property against which it is assessed or levied until paid, subject to the limitations of liens provided by general law. Any tax or special assessment paid after the effective date of the merger must be placed in the general fund of the city.  4. The city council of the city has the same power to enforce the collection of any special assessment or outstanding tax sales of the district as the district would have had if it had not been merged.  (Added to NRS by 1989, 521)
NV Rev Stat § 318.510 (2021)
2021 Nevada Revised Statutes|Chapter 318 - General Improvement Districts|NRS 318.510 - Surrender and transfer of property and money; collection and disposition of taxes and special assessments.

  1. All property and all funds remaining in the treasury of any district must be:  (a) Surrendered and transferred to the county in which the district exists and become a part of the general fund of the county, if the district is dissolved;  (b) Transferred to the governmental unit which assumes its obligations and functions, if the district is merged; or  (c) Transferred to the consolidated governmental unit, if the district is consolidated.  2. All outstanding and unpaid tax sales and levies and all special assessment liens of a dissolved district are valid and remain a lien against the property against which they are assessed or levied until paid, subject to the limitations of liens provided by general law. Taxes and special assessments paid after dissolution must be placed in the general fund of the county in which the property was assessed.  3. Except as otherwise provided in NRS 318.508, the board of county commissioners has the same power to enforce the collection of all special assessments and outstanding tax sales of the district as the district had if it had not been dissolved, merged or consolidated.  4. If any area comprising the district or portion thereof is annexed to a city or town within 6 months from the effective date of the dissolution ordinance, a pro rata share of all such property and funds must be transferred to the municipality.  5. If any area comprising the district or portion thereof is not annexed to a city or town within 6 months from the effective date of the dissolution ordinance, the board of county commissioners shall pay to the owners of property located within the former district pro rata shares of the money remaining in the treasury of the district, and an amount of money equal to the value of any property which is not used for the benefit of the area formerly comprising the district. The board of county commissioners may, before paying such money, apply a proportionate amount of such payment to any special assessments which are due.  (Added to NRS by 1959, 482; A 1965, 1087; 1977, 535; 1989, 521)
NV Rev Stat § 318.512 (2021)
2021 Nevada Revised Statutes|Chapter 318 - General Improvement Districts|NRS 318.512 - Appraisal required; selection of appraisers; sale for less than appraisal prohibited.

Except as otherwise provided in NRS 318.1177, 318.118 and 318.215:  1. Before ordering any real property of the district for sale, the board of trustees must:  (a) Except as otherwise provided in this paragraph, obtain two independent appraisals of the real property. If the board of trustees holds a public hearing on the matter of the fair market value of the real property, one independent appraisal of the real property is sufficient before selling the real property. The appraisal or appraisals, as applicable, must have been prepared not more than 6 months before the date on which the real property is offered for sale.   (b) Select the one independent appraiser or two independent appraisers, as applicable, from the list of appraisers established pursuant to NRS 318.5121.  (c) Verify the qualifications of each appraiser selected pursuant to paragraph (b). The determination of the board of trustees as to the qualifications of the appraiser is conclusive.  2. The board of trustees shall not sell the property for less than:  (a) If two independent appraisals were obtained pursuant to subsection 1, the average of the appraisals of the real property.  (b) If one appraisal is obtained pursuant to subsection 1, the appraised value of the real property.  (Added to NRS by 2019, 2568)
NV Rev Stat § 318.5121 (2021)
2021 Nevada Revised Statutes|Chapter 318 - General Improvement Districts|NRS 318.5121 - Appraisers: Procedures for selection; disclosure statements; prohibitions.

  1. The board of trustees shall adopt by resolution the procedures for creating and maintaining a list of appraisers qualified to conduct appraisals of real property offered for sale by the board. The list must:  (a) Contain the names of all persons qualified to act as a general appraiser in the same county as the real property that may be appraised; and  (b) Be organized at random and rotated from time to time.  2. An appraiser chosen pursuant to subsection 1 must provide a disclosure statement which includes, without limitation, all sources of income that may constitute a conflict of interest and any relationship with the real property owner or the owner of an adjoining real property.  3. An appraiser shall not perform an appraisal on any real property for sale by the board of trustees if:  (a) The appraiser has an interest in the real property or an adjoining property;  (b) The real property is located in a county whose population is 45,000 or more and any person who is related to the appraiser has an interest in the real property or an adjoining property and the relationship between the appraiser and the person is within the third degree of consanguinity or affinity; or  (c) The real property is located in a county whose population is less than 45,000 and any person who is related to the appraiser has an interest in the real property or an adjoining property and the relationship between the appraiser and the person is within the second degree of consanguinity or affinity.  (Added to NRS by 2019, 2569)
NV Rev Stat § 318.5122 (2021)
2021 Nevada Revised Statutes|Chapter 318 - General Improvement Districts|NRS 318.5122 - Resolution declaring intent to sell at auction and finding that sale is in best interest of district; notice.

  1. Except as otherwise provided in NRS 318.1177, 318.118, 318.215 and 318.5124, before ordering the sale of any real property owned by the general improvement district, the board of trustees shall, in open meeting by a majority vote of the members, adopt a resolution declaring the intention of the board to sell the property at auction and finding that the sale is in the best interest of the district. The resolution must:  (a) Describe the property proposed to be sold in such a manner as to identify the property.  (b) Specify the minimum price and the terms upon which the property will be sold.  (c) Fix a time, not less than 3 weeks thereafter, for a public meeting of the board of trustees to be held at its regular place of meeting, at which sealed bids will be received and considered.  2. Notice of the adoption of the resolution and of the time and place of holding the meeting must be given by:  (a) Posting copies of the resolution in three public places in the district not less than 15 days before the date of the meeting; and  (b) Causing to be published at least once a week for 3 successive weeks before the meeting, in a newspaper qualified under chapter 238 of NRS that is published in the county in which the real property is located, a notice setting forth:  (1) A description of the real property proposed to be sold at auction in such a manner as to identify the property;  (2) The minimum price of the real property proposed to be sold at auction; and  (3) The places at which the resolution described in subsection 1 has been posted pursuant to paragraph (a), and any other places at which copies of that resolution may be obtained.  If no qualified newspaper is published within the county in which the real property is located, the required notice must be published in some qualified newspaper printed in the State of Nevada and having a general circulation within the county.  (Added to NRS by 2019, 2569)
NV Rev Stat § 318.5123 (2021)
2021 Nevada Revised Statutes|Chapter 318 - General Improvement Districts|NRS 318.5123 - Conduct of sale at auction; withdrawal of property from sale; proceeds; costs.

  1. At the time and place fixed in the resolution for the meeting of the board of trustees adopted pursuant to NRS 318.5122, all sealed bids which have been received must, in public session, be opened, examined and declared by the board. Of the bids submitted which conform to all terms and conditions specified in the resolution of intention to sell and which are made by responsible bidders, the bid which is the highest must be finally accepted, unless a higher oral bid is accepted or the board rejects all bids.  2. Before accepting any written bid, the board shall call for oral bids. If, upon the call for oral bidding, any responsible person offers to buy the property upon the terms and conditions specified in the resolution, for a price exceeding by at least 5 percent the highest written bid, then the highest oral bid which is made by a responsible person must be finally accepted.  3. The final acceptance of a bid by the board may be made either at the same session or at any adjourned session of the same meeting held within the 10 days next following.  4. The board may, either at the same session or at any adjourned session of the same meeting held within the 10 days next following, if it deems the action to be for the best public interest, reject any and all bids, either written or oral, and withdraw the property from sale.  5. Any resolution of acceptance of any bid made by the board must authorize and direct the chair to execute a deed and to deliver it upon performance and compliance by the purchaser with all the terms or conditions of the purchaser’s contract which are to be performed concurrently therewith.  6. All money received from sales of real property must be deposited forthwith with the treasurer of the board to be credited to the district fund.  7. The board may require any person requesting that real property be sold pursuant to the provisions of this section to deposit a sufficient amount of money to pay the costs to be incurred by the board in acting upon the application, including the costs of publication and the expenses of appraisal. This deposit must be refunded if the person making the deposit is not the successful bidder. The costs of acting upon the application, including the costs of publication and the expenses of appraisal, must be borne by the successful bidder.  (Added to NRS by 2019, 2570)
NV Rev Stat § 318.5124 (2021)
2021 Nevada Revised Statutes|Chapter 318 - General Improvement Districts|NRS 318.5124 - Exceptions to requirements for sale at auction.

A board of trustees may sell any real property owned by the district without complying with the provisions of NRS 318.5122 and 318.5123 to:  1. A person who owns real property located adjacent to the real property to be sold if the board has determined by resolution that the sale will be in the best interest of the district and the real property is a:  (a) Parcel that, as a result of its size, is too small to establish an economically viable use by anyone other than the person who owns real property adjacent to the real property for sale; or  (b) Parcel which is subject to a deed restriction prohibiting the use of the real property by anyone other than the person who owns real property adjacent to the real property for sale.  2. The State or another governmental entity if:  (a) The sale restricts the use of the real property to a public use; and  (b) The board adopts a resolution finding that the sale will be in the best interest of the district.  (Added to NRS by 2019, 2571)