Nevada § 244A.513 - Methods of funding State's acquisition of facilities

§ 244A.513. Methods of funding State's acquisition of facilities

The State, acting through the board, may also for the purpose of acquiring facilities: 1. Borrow money and issue state securities evidencing any loan to or amount due by

the State, provide for and secure the payment of any state securities and the rights

of the holders thereof, and purchase, hold and dispose of state securities. 2. Fund or refund any loan or obligation of the State and issue funding or refunding

securities to evidence such loan or obligation, as hereinafter provided. 3. Levy and cause to be collected taxes on and against all taxable property within

the State as hereinafter provided, subject to the limitations provided in the Nevada

Constitution. 4. Fix, from time to time, increase or decrease, collect and cause to be collected

rates, fees and other service charges pertaining to the facilities of the State, pledge

such revenues for the payment of state securities, and enforce the collection of such

revenues by civil action or by any other means provided by law. 5. Purchase, acquire by gift or otherwise acquire properties, including, without limitation,

existing sewage or wastewater systems or parts thereof or interests therein, of the

Federal Government, the county, any public body in the county or any person as a project

of the State or so acquire an interest therein. The State may acquire such properties subject to any mortgage, deed of trust or other

lien on the acquired properties to secure the payment of any obligations pertaining

thereto. 6. Accept contributions or loans from the Federal Government for the purpose of financing

the planning, acquisition, improvement, equipment, maintenance and operation of any

enterprise in which the State is authorized to engage, and enter into contracts, cooperate

with and accept cooperation from, the Federal Government in the planning, acquisition,

improvement, equipment, maintenance and operation, and in financing the planning,

acquisition, improvement, equipment, maintenance and operation of any such enterprise,

including, without limitation, costs of engineering, architectural, and economic investigations

and studies, surveys, designs, plans, working drawings, specifications, procedures

and other action preliminary to the acquisition, improvement or equipment of any project,

and do any and all things necessary in order to avail itself of such aid, assistance

and cooperation.