Nevada Code § 539.653

Progressive construction: Certification of bonds as needed; prior approval of Department of Taxation if all bonds certified
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1. Whenever the survey, examinations,
drawings and plans of an irrigation district, and the estimate of cost provides
that the works necessary for a completed project shall be constructed
progressively over a period of years in accordance with a plan or schedule
adopted by resolution of the board of directors of the district, it is not
necessary for the Department of Taxation to certify at one time all of the
bonds that have been voted for the completed project; but such bonds may be
certified from time to time as needed by the district.
2. If the Department certifies all of the
bonds necessary for the completed project, even if the project is to be
constructed progressively over a period of years in accordance with the
resolution of the board of directors, the bonds so voted and certified shall
only be sold after prior written approval of the Department.

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