Property owned in redevelopment project: Payment of money in lieu of taxes.

Nev. Rev. Stat. § 279.496
in effect
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The agency may in any year during which it owns property in a redevelopment project pay to any city, county, district or other public corporation which would have levied a tax upon such property, had it not been exempt, an amount of money in lieu of taxes.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-279.htmlFetched: 10/4/2026

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