Nev. Rev. Stat. § 371.47 — Supplemental governmental services tax: Use of proceeds for certain purposes related to construction of highway with limited access

NRS  371.047    Supplemental governmental services tax: Use of proceeds for
certain purposes related to construction of highway with limited access.
1.  A county may use the proceeds of the
tax imposed pursuant to NRS 371.043 or 371.045 , or of bonds, notes or other
obligations incurred to which the proceeds of those taxes are pledged to
finance a project related to the construction of a highway with limited access,
to:
(a) Purchase residential real property which
shares a boundary with a highway with limited access or a project related to
the construction of a highway with limited access, and which is adversely
affected by the highway. Not more than 1 percent of the proceeds of the tax or
of any bonds to which the proceeds of the tax are pledged may be used for this
purpose.
(b) Pay for the cost of moving persons whose
primary residences are condemned for a right-of-way for a highway with limited
access and who qualify for such payments. The board of county commissioners
shall, by ordinance, establish the qualifications for receiving payments for
the cost of moving pursuant to this paragraph.
2.  A county may, in accordance with NRS 244.265 to 244.296 , inclusive, dispose of any
residential real property purchased pursuant to this section, and may reserve
and except easements, rights or interests related thereto, including, but not
limited to:
(a) Abutter’s rights of light, view or air.
(b) Easements of access to and from abutting
land.
(c) Covenants prohibiting the use of signs,
structures or devices advertising activities not conducted, services not
rendered or goods not produced or available on the real property.
3.  Proceeds from the sale or lease of
residential real property acquired pursuant to this section must be used for
the purposes set forth in this section and in NRS
371.043 or 371.045 , as applicable.
4.  For the purposes of this section,
residential real property is adversely affected by a highway with limited
access if the construction or proposed use of the highway:
(a) Constitutes a taking of all or any part of
the property, or interest therein;
(b) Lowers the value of the property; or
(c) Constitutes a nuisance.
5.  As used in this section:
(a) “Highway with limited access” means a divided
highway for through traffic with full control of access and with grade
separations at intersections.
(b) “Primary residence” means a dwelling, whether
owned or rented by the occupant, which is the sole principal place of residence
of that occupant.
(c) “Residential real property” means a lot or
parcel of not more than 1.5 acres upon which a single-family or multifamily
dwelling is located.