AB10

Existing law authorizes the governing body of any county, city or town to create an improvement district for the acquisition, improvement, equipment, operation and maintenance of certain local improvement projects, including a neighborhood improvement project, and to finance the cost of any such project through such methods as the issuance of certain bonds and the levy of assessments upon property in the improvement district. (NRS 271.265, 271.270, 271.325) Section 1 of this bill amends the definition of “neighborhood improvement project” to include the improvement of a water or sewer system that is owned by a common-interest community. Existing law authorizes, under certain circumstances, the governing body of any county, city or town to dissolve by resolution an improvement district that is created for the purposes of a neighborhood improvement project. (NRS 271.296) Section 2 of this bill provides that the authority to dissolve an improvement district does not apply to a neighborhood improvement project that improves a water or sewer system that is owned by a common-interest community. Existing law sets forth certain notice requirements for a hearing as to the propriety and advisability of an improvement project that has been provisionally ordered by the governing body of a county, city or town. For a neighborhood improvement project, the notice must state that: (1) a person who owns or resides within a tract in the proposed improvement district may file a protest to inclu