Nevada Revised Statutes — Title 32 (Revenue and Taxation)
Nev. Rev. Stat. § 360.835 — Acquisition or expansion of certain public utilities: Procedure upon failure to reach interlocal agreement
NRS 360.835 Acquisition or expansion of certain public utilities: Procedure
upon failure to reach interlocal agreement.
1. If a local government and an affected
local government cannot reach agreement pursuant to NRS 360.830 , either party may submit to the
Executive Director its proposal for the terms of an interlocal agreement,
together with any information it deems appropriate relating to such an
agreement. Within 30 days after the receipt of that proposal, the Executive
Director shall:
(a) Provide to the other party:
(1) A copy of the proposal and any
information received with the proposal; and
(2) An opportunity to submit its proposal
for the terms of an interlocal agreement and any information that party deems
appropriate relating to such an agreement;
(b) Review each proposal and any other
information submitted by the parties; and
(c) Submit to the Committee on Local Government
Finance his or her findings regarding the terms of a fair and equitable
interlocal agreement.
2. Within 30 days after the receipt of the
findings of the Executive Director pursuant to subsection 1, the Committee on
Local Government Finance shall:
(a) Review those findings; and
(b) Submit to the Nevada Tax Commission its
recommendations for the terms of a fair and equitable interlocal agreement.
3. The Nevada Tax Commission shall
schedule a public hearing within 30 days after the Committee on Local
Government Finance submits its recommendations pursuant to subsection 2. The
Nevada Tax Commission shall provide public notice of the hearing at least 10
days before the date on which the hearing will be held. The Executive Director
shall provide copies of all documents relevant to the recommendations of the
Committee on Local Government Finance to each of the parties. After the
hearing, the Nevada Tax Commission shall notify the parties of its
determination of the terms of a fair and equitable interlocal agreement.
4. Within 30 days after the parties
receive notification of the determination of the Nevada Tax Commission pursuant
to subsection 3, the parties shall enter into an interlocal agreement in
accordance with that determination.
Source: official text