1. Except as otherwise provided by subsection 3, the governing body of a city that creates a district may by ordinance change:
(a) The rate of tax in an amount not to exceed the maximum amount authorized by NRS 268.804.
(b) The number of rooms used to determine the rate of tax.
2. Any changes made pursuant to this section may be challenged in the manner set forth in NRS 268.808.
3. If general or special obligations are issued for the purposes of NRS 268.801 to 268.808, inclusive, the governing body must not change:
(a) The boundaries of the district;
(b) The rate of tax; or
(c) The boundaries of the areas in which a different rate of tax is charged,
in a manner which would materially impair the security for the bonds.
(Added to NRS by 1993, 256)