this act.

1. The beautification and improvement of the public portions of any

area zoned primarily for business or commercial purposes, including,

without limitation:

(a) Public restrooms;

(b) Facilities for outdoor lighting and heating;

(c) Decorations;

(d) Fountains;

(e) Landscaping;

(f) Facilities or equipment, or both, to enhance protection of persons

and property within the improvement district;

(g) Ramps, sidewalks and plazas; and

(h) Rehabilitation or removal of existing structures; and

commercial purposes by providing promotional activities.

1.  Promotion of public events that benefit business or real property in

the improvement district.

2. Providing music in any public place within the improvement

district.

3. Promotion of tourism within the improvement district.

4. Marketing and economic development, including the recruitment

and retention of retail business.

5. Providing services related to security, sanitation, the removal of

graffiti, the cleaning of streets and sidewalks and providing other

municipal services that are supplemental to those typically provided by

the municipality.

6. Any other activity that benefits businesses and real property

located in the improvement district.

a commercial area vitalization project may contract with a nonprofit

association to provide the improvements that are specified in the plans

for the commercial area vitalization project. If creation of the

commercial improvement district was initiated by petition, the governing

body shall contract for that purpose with the association named in the

plan for management of the improvement district.

2. An association with which a governing body contracts pursuant to

subsection 1 must be a private nonprofit corporation and must be

identified in the plan for management of the improvement district. The

association shall maintain liability insurance covering its activities.

3. The contract between the governing body and the association is a

contract for professional services and is not subject to the limitations of

subsection 1 of NRS 354.626. The terms of the contract may extend:

(b) For the time necessary to cover the life of improvements and to

fulfill financial commitments for equipment, services and related

undertakings.

4. The association does not become a political subdivision, local

government, public body, governmental agency or entity, establishment

of the government, public corporation or quasi-public corporation for

any purpose solely on the basis of a contract entered into with a

governing body pursuant to subsection 1.

5. A contract executed pursuant to this section must ensure that the

type and level of services provided by the municipality at the time of the

creation of the improvement district continue after the improvement

district is formed.

must specify the approvals required for expenditures and provide for

internal controls adequate to protect the assets of the improvement

district. The contract must provide for audits of the association by the

governing body at the discretion of the governing body.

2. If an audit finds a misuse of money or any fraud in the activities

of the association, the governing body may take control of any assets of

the association related to the improvement district.

pursuant to section 5 of this act may, at any time, request that the

governing body modify a plan or plat with regard to the commercial area

vitalization project. Upon the written request of the association, the

governing body may modify the plan or plat by ordinance after holding a

hearing on the proposed modification pursuant to section 10 of this act.

If the proposed modification of a plat expands the territory for

assessment, a person who owns or resides within a tract which is located

within the territory proposed to be added to the improvement district and

which is used exclusively for residential purposes may file a protest

pursuant to section 9 of this act at any time before the governing body

modifies the plat by ordinance. A petition is not required for a

modification made pursuant to this section.

pursuant to section 5 of this act shall cause to be prepared a report for

each fiscal year in which assessments are to be levied and collected.

2. The report prepared pursuant to subsection 1 must be filed with

the city clerk on or before February 1 of the fiscal year immediately

preceding the fiscal year to which the report applies and must include:

(a) The name of the improvement district;

(b) The fiscal year to which the report applies;

(c) Any proposed changes to the boundaries of the improvement

district for that fiscal year;

(d) The improvements to be provided for that fiscal year;

(e) An estimate of the cost of providing the improvements set forth

pursuant to paragraph (d);

(f) The method and basis of levying each assessment to be levied for

that fiscal year in sufficient detail to allow each property owner to

calculate the amount of the assessment to be levied against his property

for that fiscal year;

(g) The amount of any surplus or deficit revenues to be carried over

from a preceding fiscal year; and

(h) The amount of any money received by the district from sources

other than assessments levied pursuant to this chapter.

area vitalization project is adopted by ordinance, a person who owns or

resides within a tract which:

(a) Is located within the proposed improvement district; and

(b) Is used exclusively for residential purposes,

may file with the clerk a written protest to the inclusion of the tract in the

assessment plat. The protest must be accompanied by a legal description

of the tract.

2. Upon receipt of a protest pursuant to subsection 1, the clerk shall

provide a copy of the protest and legal description of the property to the

governing body.

3. Before adopting a resolution or ordinance pursuant to NRS

271.325 and before adopting an ordinance that modifies an assessment

plat for a commercial area vitalization project to include additional tracts

of land, the governing body shall modify the assessment plat for a

commercial area vitalization project to exclude any tract for which it

received a protest pursuant to this section and which it determines will

not benefit from the activities or improvements that are proposed to be

provided by the commercial area vitalization project.

body acquires or improves a commercial area vitalization project, the

governing body shall prepare or cause to be prepared an estimate of the

expenditures required in the ensuing fiscal year and a proposed

assessment roll assessing an amount not greater than the estimated cost

against the benefited property. The assessment must be computed

according to frontage or another uniform and quantifiable basis.

2. The governing body shall hold a public hearing upon the estimate

of expenditures and the proposed assessment roll. Notice must be given

and the hearing conducted in the manner provided in NRS 271.380 and

271.385. The assessment may not exceed the amount stated in the

proposed assessment roll unless a new hearing is held after notice is

mailed and published in the manner provided in NRS 271.305 and

271.310.

3. After the public hearing, the governing body shall confirm the

assessments, as specified in the proposed assessment roll or as modified,

and levy the assessment as provided in NRS 271.390.

4. An improvement district created for a commercial area vitalization

project is not entitled to any distribution from the local government tax

distribution account.

improvement district that is created for the purposes of a commercial

area vitalization project if property owners whose property is assessed for

a combined total of more than 50 percent of the total amount of the

assessments of all the property in the improvement district submit a

written petition to the governing body that requests the dissolution of the

district within the period prescribed in subsection 2.

2. The dissolution of an improvement district pursuant to this section

may be requested within 30 days after:

(a) The first anniversary of the date the improvement district was

created; and

(b) Each subsequent anniversary thereafter.

3. As soon as practicable after the receipt of the written petition of

the property owners submitted pursuant to subsection 1, the governing

body shall pass a resolution of intention to dissolve the improvement

district. The governing body shall give notice of a hearing on the

dissolution. The notice must be provided and the hearing must be held

pursuant to the requirements set forth in section 10 of this act. If the

governing body determines that dissolution of the improvement district is

appropriate, it shall dissolve the improvement district by resolution,

effective not earlier than the 30th day after the hearing.

4. If there is indebtedness, outstanding and unpaid, incurred to

accomplish any of the purposes of the improvement district, the portion

of the assessment necessary to pay the indebtedness remains effective and

must be continued in the following years until the debt is paid.

1. limitation, conducting promotional activities within an improvement

1. district created for a commercial area vitalization project.

1. project, then in addition to the other requirements in this section, before

1. the plans are ratified by the governing body, the plans must include a

1. plan for the management of the proposed improvement district which

1. must include, without limitation:

1. (a) The improvements proposed for each year of the first 5 fiscal years

1. of the proposed improvement district;

1. (b) An estimate of the total amount to be expended on improvements

1. in the first year of operation;

1. (c) A list of any other special assessments that are currently being

1. levied within the proposed improvement district;

1. (d) The name of any proposed association; and

1. (e) Any other matter that the governing body requires to be set forth in

1. the plan.

1. of the basis used for computation of assessments is sufficient to initiate

1. procedures for acquiring or improving a commercial area vitalization

1. project. A petition for acquiring or improving a commercial area

1. vitalization project must be accompanied by a plan describing proposed

1. improvements and a proposed assessment plat when submitted to the

1. governing body.

1. a commercial area vitalization project, the governing body shall hold a

1. public hearing on the petition. At least 20 days before the public hearing,

1. the governing body shall:
2. (a) Mail notice of the hearing to each owner of real property within

1. the proposed improvement district and to each tenant who resides or

1. owns a business located within the proposed improvement district; and

1. (b) Publish notice of the hearing in a newspaper of general

1. circulation in the municipality,

1. describing the purpose and general location of the proposed

1. improvement district, and the date, time and place of the proposed public

1. hearing.

1. 3. At the public hearing, any owner of real property or tenant who

1. resides or owns a business located within the proposed district for a

1. commercial area vitalization project may present, orally or in writing, the

1. reasons why he believes that:

1. (a) The petition does not contain a sufficient number of qualified

1. signatures; or

1. (b) The finding required by subsection 4 cannot reasonably be made

1. with respect to any part of the proposed improvement district.

1. 4. After consideration of any objections made at the hearing, and of

1. any other information reasonably known to it, the governing body must,

1. as a condition precedent to the initiation of the procedure for acquiring

1. or improving a commercial area vitalization project, find that the public

1. interest will benefit by the provision of the proposed improvements within

1. that part of the municipality. In making this determination, the

1. governing body shall consider the differences it finds between the

1. municipality as a whole and the territory within and adjacent to the

1. proposed improvement district.

1. (1) A person who owns or resides within a tract in the proposed

1. improvement district and which is used exclusively for residential

1. purposes may file a protest to inclusion in the assessment plat pursuant

1. to section 9 of this act; and

1. (2) Pursuant to NRS 271.306, if written remonstrances by the

1. owners of tracts constituting one-third or more of the basis for the

1. computation of assessments for the commercial area vitalization project

1. are presented to the governing body, the governing body shall not

1. proceed with the commercial area vitalization project.

1. notice sent pursuant to this section must be sent by mail to each person

1. who owns real property which is located within the proposed

1. improvement district and to each tenant who resides or owns a business

1. located within the proposed improvement district.

1. one-third of the basis for the computation of assessments suffice to

1. preclude the acquisition or improvement of a commercial area

1. vitalization project. For the purposes of this subsection, the property of a

1. single owner may not be counted as constituting more than 10 percent of

1. the basis.

1. modifying the boundaries of an improvement district for a commercial

1. area vitalization project if the boundaries of the improvement district

1. overlap an existing improvement district created for a commercial area

1. vitalization project.

1. apply to work performed by an association pursuant to a contract entered

1. into pursuant to section 5 of this act.