NRS 349.937 “Cost of a water project” defined.

185 words·~1 min read·/nv/chapter-349-state-obligations/349-937

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

NRS 349.937 “Cost of a water project” defined. “Cost of a water project” means all or a designated part of the cost of any water project, including any incidental cost pertaining to the water project. The cost of a water project may include, among other costs, the costs of:

1. Surveys, audits, preliminary plans, other plans, specifications, estimates and other costs of preparations;

2. Appraising, printing, estimating, advice, services of engineers, architects, financial consultants, attorneys, clerical personnel and other agents and employees;

3. Publishing, posting, mailing and otherwise giving notice, filing or recording instruments, taking options and fees to banks;

4. Establishment of a reserve for contingencies;

5. Interest on bonds for any time which does not exceed the estimated period of construction plus 1 year, discounts on bonds, reserves for the payment of the principal of and interest on bonds, replacement expenses and other costs of issuing bonds;

6. Amending any resolution or other instrument authorizing the issuance of, or otherwise relating to, bonds for the water project; and

7. Short-term financing,

Ê and the expense of operation and maintenance of the water project.