Payment of costs of construction and renovation of purchasing warehouse building.

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1. Commencing July 1, 1995, and continuing until the construction costs of $193,310 for the purchasing warehouse building in Reno, Nevada, have been paid, the Buildings and Grounds Section shall pay annually to the State Treasurer for deposit in the State Treasury to the credit of the State General Fund 2 percent of the building’s original acquisition cost.

2. Commencing July 1, 1995, and continuing until the construction costs of $734,000 for the addition to the purchasing warehouse building in Reno, Nevada, have been paid, the Buildings and Grounds Section shall pay annually to the State Treasurer for deposit in the State Treasury to the credit of the State General Fund 2 percent of the construction costs of that addition.

3. Commencing July 1, 1995, and continuing until the renovation costs of $104,234 for the purchasing warehouse building in Reno, Nevada, have been paid, the Buildings and Grounds Section shall pay annually to the State Treasurer for deposit in the State Treasury to the credit of the State General Fund 5 percent of the building’s renovation costs, including the costs of debt service that are incurred.

(Added to NRS by 1995, 346)


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