279.496 - Property owned in redevelopment project: Payment of money in lieu of taxes. - Nevada Statutes

279.496  Property owned in redevelopment project: Payment of money in lieu of taxes.  The agency may in any year during which it owns property in a redevelopment project pay to any city, county, district or other public corporation which would have levied a tax upon such property, had it not been exempt, an amount of money in lieu of taxes.

      (Added to NRS by 1959, 656)