Nev. Rev. Stat. § 543.360
The board may:
1. By the affirmative vote of two-thirds of the members voting on the matter, acquire, construct, improve, extend, maintain and operate:
(c) Projects which are required as a result of the proposed alteration or diversion of a natural watercourse identified in the master plan for the control of drainage.
A project or improvement must not be acquired unless it is first approved by an agreement among the board, each county in whose unincorporated area any part of the project or improvement is located and each city in which any part of the project or improvement is located. The agreement must contain an estimate of the cost of the project or improvement and show its relation to the master plan.
6. Upon approval of an amendment to the district’s master plan pursuant to NRS 543.5975, expend or provide money:
7. Expend or provide money for the acquisition of a local project or improvement for the control of drainage which is not included in the master plan if the district’s chief engineer determines that:
(a) The governmental entity requesting the project or improvement has established:
(b) The local project or improvement is a necessary appurtenance to collect and deliver flows to allow a project or improvement that is included in the district’s master plan to function in the manner intended.
If the local project or improvement is one-quarter mile or more from a regional facility, the district may not contribute more than 50 percent of the cost of the project or improvement. The district may appropriate not more than 3 percent of its revenues in any fiscal year to projects approved pursuant to this subsection. Money that is provided pursuant to this subsection but not expended in a fiscal year may be expended in the following fiscal year.
(Added to NRS by 1961, 431; A 1985, 1193; 1989, 1523; 1991, 1371; 1993, 834; 2001, 892)