Nevada § 266.3862 Negotiation with qualified lessees

Nevada Statutes

§ 266.3862 — Negotiation with qualified lessees

Nevada § 266.3862

Title 21CITIES AND TOWNS

Ch. 266General

SALES AND LEASES OF CITY-OWNED ELECTRIC LIGHT AND POWER SYSTEMS

This text of Nevada § 266.3862 (Negotiation with qualified lessees) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 266.3862 (2026).

Text

If the resolution adopted proposes to lease the electric light and power system, the city council shall, after the return of the appraisement, negotiate with one or more qualified lessees. If such negotiations are successful, the city council shall submit the proposed lease for acceptance or rejection at the election. In any lease, the council shall require a bond for faithful performance by the lessee.

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If the resolution adopted proposes to lease the electric light and power system, the city council shall, after the return of the appraisement, negotiate with one or more qualified lessees. If such negotiations are successful, the city council shall submit the proposed lease for acceptance or rejection at the election. In any lease, the council shall require a bond for faithful performance by the lessee.