Nevada § 244A.451 - Revenue or general obligation bonds secured by pledge of revenues: Establishment, maintenance and revision of schedules of rates and fees

§ 244A.451. Revenue or general obligation bonds secured by pledge of revenues: Establishment, maintenance and revision of schedules of rates and fees

In order to insure the payment of the revenue bonds of the county or of the general

obligation bonds of the county, the payment of which is secured or is additionally

secured, as the case may be, by a pledge of the revenues of such recreational facilities,

of any such other income-producing project and of any such excise taxes, as provided

in NRS 244A.445 or other such special obligation securities so secured or other such additionally

secured general obligation securities of the county, the board may establish and maintain,

and from time to time revise, a schedule or schedules of fees, rates and charges for

services, facilities and commodities rendered by or through the recreational facilities

and any such other income-producing project and a schedule or schedules of any such

excise taxes, as the case may be, in an amount sufficient for that purpose and also

sufficient to discharge any covenant in the proceedings of the board of county commissioners

authorizing the issuance of any of the bonds or other securities, including any covenant

for the establishment of reasonable reserve funds.