Existing law authorizes the governing body of any county, city or unincorporated town to create an improvement district for the acquisition, improvement, equipping, operation and maintenance of certain projects, and to finance the cost of any such project through methods such as the issuance of certain bonds and the levy of assessments upon property in the improvement district. (NRS 271.265, 271.270, 271.325) Additionally, existing law authorizes the governing body of a city having a commission form of government to create an improvement district for the acquisition, improvement, equipping, operation and maintenance of certain projects, including, without limitation: (1) an electrical project for any facilities for the transmission and distribution of electrical power, either above or beneath the surface of the ground and all appurtenances and incidentals necessary, useful or desirable for any such facilities; and (2) a telephone project for facilities pertaining to the distribution of telephone cables and lines, including, without limitation, subsurface conduits, and all appurtenances and incidentals related thereto. (NRS 271.097, 271.232, 271.265) Section 1 of this bill similarly authorizes a county, city or unincorporated town to establish a local improvement district to fund an electrical project and a telephone project.

Statutes affected:
BDR: 271.265