EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted. Green numbers along left margin indicate location on the printed bill (e.g., 5-15 indicates page 5, line 15).

1-1 Section 1. 1. There is hereby appropriated from the state general

1-2 fund to the Lincoln County School District the sum of $1,000,000 for the

1-3 construction of an elementary school to replace a school building that has

1-4 been found unsafe, structurally unsound and unsuitable for continued use as

1-5 a school.

1-6 2. The appropriation made by subsection 1 is contingent upon a

1-7 determination by the State Board of Examiners that:

1-8 (a) The total ad valorem tax levy upon property within the Lincoln

1-9 County School District for all public purposes is not less than the maximum

1-10 authorized pursuant to NRS 361.453;

1-11 (b) The taxable value of the taxable property within the Lincoln County

1-12 School District is decreasing; and

1-13 (c) Based upon the written conclusions of appropriately licensed

1-14 experts, the acquisition, construction or repair of school facilities is

1-15 necessary to alleviate a substantial risk to the public safety.

2-1 3. On or before January 15, 2001, the Lincoln County School District

2-2 shall submit to the Department of Administration and the Fiscal Analysis

2-3 Division of the Legislative Counsel Bureau a final report of expenditures of

2-4 the appropriation made by subsection 1.

2-5 Sec. 2. Any remaining balance of the appropriation made by section 1

2-6 of this act must not be committed for expenditure after June 30, 2001, and

2-7 reverts to the state general fund as soon as all payments of money

2-8 committed have been made.

2-9 Sec. 3. This act becomes effective upon passage and approval.