NRS705.700. Requirements for agreement or ordinance granting franchise for installation and operation.

  An ordinance or agreement authorized pursuant to NRS 705.695:

      1.  Must provide standards for construction and may incorporate existing uniform codes.

      2.  May include requirements for licensing and zoning, and any other restrictions upon the construction and operation of a monorail.

      3.  Must include provisions:

      (a) Addressing the compatibility of a proposed monorail for connection with a system of transportation operated on a public fixed guideway.

      (b) Requiring the owner or operator and any private entity that desires to connect its system of transportation with a monorail to cooperate in such a manner as to provide for the compatibility of passenger stations for such a connection pursuant to terms and conditions that:

             (1) Address the effect of that compatibility on the plans of the owner for the owner’s capital investment and provide for a reasonable and equitable allocation of that investment;

             (2) Provide for a reasonable and equitable allocation of the costs to operate and maintain the monorail; and

             (3) Mitigate any other effects on the owner or operator resulting from the provision of that compatibility.

      (Added to NRS by 1997, 2445)