Section 321.360 - Agreement between State Land Registrar and recipient of grantThe State Land Registrar and the recipient of a grant shall enter into an agreement which must require that the recipient shall:
1. If the recipient is not a state agency, provide a matching contribution to the proposed project of not less than 25 percent of the cost of the project;2. If the recipient is a state agency that has obtained a matching contribution, provide the matching contribution to the proposed project;3. Operate and provide maintenance for the project for not less than 20 years after the project is completed;4. Agree to any additional conditions determined necessary by the State Land Registrar to carry out the purposes of this chapter, including, without limitation, the posting of a performance bond by the applicant; and5. Obtain such easements for conservation or other interests in land as are necessary to carry out the project. The State Land Registrar may require that the easement for conservation or other interests in land be held by this State. As used in this subsection, "easement for conservation" has the meaning ascribed to it in NRS 111.410.Nev. Admin. Code § 321.360
Added to NAC by St. Land Registrar by R222-97, eff. 3-5-98; A by R022-00, 5-4-2000; R004-02, 3-19-2002; R040-12, 9-14-2012§ 2 of ch. 361, Stats. 1995, as amended by § 4 of ch. 25, Stats. 2001; § 3 of ch. 514, Stats. 1999, as amended by § 5 of ch. 25, Stats. 2001