450.040 - Petition signed by at least 50 percent of taxpayers; submission of question at next primary or general election.

NEVADA STATUTES AND CODES

450.040 - Petition signed by at least 50 percent of taxpayers; submission of question at next primary or general election.

450.040 Petition signed by at least 50 percent of taxpayers; submission of question at next primary or general election.

1. Whenever the board of county commissioners of any county is presented with a petition signed by at least 50 percent of the taxpayers in the county or in each of a group of counties asking that an annual tax be levied for the establishment and maintenance of a public hospital, at a place in the county or counties named therein, and specifying the maximum amount of money proposed to be expended in purchasing or building the hospital, including the acquisition of a site, the board of county commissioners shall forthwith comply with the provisions of NRS 350.011 to 350.0165, inclusive, and shall submit the proposal to issue bonds for the project to the county debt management commission for each of the counties.

2. Upon the receipt of the approval thereof of each such commission, each board of county commissioners shall submit the question of issuing bonds for the hospital project designated in the petition to the qualified electors of the county at the next primary or general election, as provided in NRS 350.020 to 350.070, inclusive.

3. If the petition designated in subsection 1 indicates the hospital is to serve more than one county, each county designated shall submit to the commission and to the qualified electors of the county a bond question authorizing the issuance of the county’s bonds for the project in a maximum principal amount at least sufficient to defray the county’s proportional share of the maximum amount designated in the petition to be expended for the project based upon the last assessed valuation of the taxable property in the county and the valuation of that property in all the counties designated in the petition.

[Part 1:169:1929; A 1931, 231; 1943, 213; 1953, 365] + [Part 2:169:1929; A 1937, 194; 1949, 83; 1955, 165]—(NRS A 1965, 633; 1969, 1603; 1981, 962; 1993, 1078; 1995, 773)