1. Subject to the requirements set forth in NRS 277B.150 to 277B.180, inclusive, an inland port or industrial park may be created only in a contiguous area that:
(a) Includes at least two of the following:
(1) A municipally owned airport with a runway of at least 5,001 feet.
(2) A portion of a highway that is part of the National Highway System.
(3) Operating assets of at least one Class I railroad as classified by the Surface Transportation Board.
(b) Does not include any residential property.
(c) In the case of an industrial park, may include property adjacent to the industrial park but may only include property that includes or is adjacent to an inland port.
2. All areas within the boundaries of an inland port or industrial park must be within the boundaries of the county or counties and incorporated city or cities, as applicable, of the one or more participating entities which apply to the Office pursuant to NRS 277B.160 for the creation of the inland port or industrial park.
3. If the boundaries of an inland port or industrial park will include a municipally owned airport as described in subparagraph (1) of paragraph (a) of subsection 1:
(a) The municipality that owns and operates the airport must be a participating entity; or
(b) If the municipality that owns and operates the airport is not a participating entity, the municipality, by ordinance, must approve of the inclusion of the airport within the boundaries of the inland port or industrial park.