244A.048 - “Revenues of a lending project” defined.
244A.048 “Revenues of a lending project” defined. “Revenues of a lending project” means any money, except the proceeds of taxes levied by the county, received by the county pursuant to any lending project, including, without limitation:
1. Money derived from any source of revenue connected with a lending project, including, without limitation, payments by a municipality of the principal, interest or redemption premium of any municipal security, and any other income derived from the operation or administration of a lending project or the sale or other disposal of municipal securities or other assets acquired in connection with a lending project;
2. Loans, grants or contributions to the county from the Federal Government for the payment of the principal, interest and redemption premiums of county securities;
3. Fees or charges paid by a municipality in connection with a lending project; and
4. Money derived from the investment and reinvestment of the money described in subsection 1, 2 or 3.
(Added to NRS by 1999, 835)