Contents of redevelopment plan: Acquisition of property; bonds
Known as the Community Redevelopment Law
The act spans §§ 279–279 (157 sections).
Applied in 1 court decision — leading case City of Las Vegas Downtown Redevelopment Agency v. Crockett (2001)
Most recently applied in City of Las Vegas Downtown Redevelopment Agency v. Crockett (November 2001)
(Added to NRS by 1959, 662; A 1985, 2075)
A redevelopment plan may provide for the agency to:
1. Acquire by gift, purchase, lease or condemnation all or part of the real property in the redevelopment area, and any personal property acquired in connection with that real property.
2. Issue bonds and expend the proceeds from their sale in carrying out the redevelopment plan.
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.