Nevada § 538.186 - Entry into and consultations relating to certain agreements regarding supplemental water

§ 538.186. Entry into and consultations relating to certain agreements regarding supplemental water

1. Notwithstanding the provisions of any other law, the Commission or any other public

entity created by or pursuant to the laws of this state may enter into: (a) An agreement to acquire any interest in supplemental water or to forbear the use

of that supplemental water; or (b) An agreement ancillary to an agreement described in paragraph (a), only as provided in this section. 2. The Commission shall, as early as practicable and on a continuing basis, inform

any water purveyor which has or can develop the ability to divert supplemental water

from the Colorado River of its communications with any person or entity, which the

Commission believes is credible and responsible, concerning a specific opportunity

to negotiate and enter into an agreement described in subsection 1. 3. Any water purveyor which has or can develop the ability to divert supplemental

water from the Colorado River shall, as early as practicable and on a continuing basis,

inform the Commission of its communications with any person or entity, which the water

purveyor believes is credible and responsible, concerning a specific opportunity to

negotiate and enter into an agreement described in subsection 1. 4. If a water purveyor which has or can develop the ability to divert supplemental

water from the Colorado River notifies the Commission in writing that it wishes to

explore a specific opportunity to negotiate and enter into an agreement described

in subsection 1, all investigations, consultations and negotiations relating to such

an agreement must be conducted by the Commission and the water purveyor, as nearly

as may be, as a joint undertaking. The Commission and the water purveyor may enter into an agreement governing the joint

undertaking. 5. Notwithstanding any other law: (a) A public entity described in subsection 1 shall not enter into any agreement described

in that subsection unless the Commission is a party to that agreement. (b) The Commission shall not enter into any agreement described in subsection 1, if

a water purveyor will be expected to provide money necessary for the Commission to

perform any financial obligation or other obligation pursuant to the provisions of

the agreement, unless that water purveyor is a party to the agreement.