§ 8.110. "Undertaking" defined.

Latest version.

"Undertaking" means any enterprise to acquire, develop, improve or equip, or any combination thereof, any project which is authorized in NRS 268.672 to 268.740, inclusive, which is a mixed-use or transit-oriented community, or which could be undertaken by a redevelopment agency pursuant to NRS 279.382 to 279.680, inclusive, and to defray the cost of that enterprise, wholly or in part, by the issuance of the city's bonds or other securities which are payable, wholly or in part, from tax proceeds which are allocated to any tax increment account that pertains to the enterprise pursuant to section 8.230 of this charter.

(Ch. 517, Stats. 1983 p. 1422; A — Ch. 639, Stats. 1985 p. 2087; Ch. 404, Stats. 2005 p. 1594)

                    
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