Agreement re: Payment Schedule for Nevada State College Certificates of ParticipationPayment Schedule Agreement • August 19th, 2013
Contract Type FiledAugust 19th, 2013Whereas, NRS 353.550 provides that a “state agency may propose a project to acquire real property, an interest in real property or an improvement to real property through an agreement which has a term, including the terms of any options for renewal, that extends beyond the biennium in which the agreement is executed if the agreement (inter alia) (p)rovides that all obligations of the State of Nevada and the state agency are extinguished by the failure of the Legislature to appropriate money for the ensuing fiscal year for payments due pursuant to the agreement”;