Required reports

1. In addition to any periodic reporting required by the district court, the receiver shall prepare and submit monthly reports relating to a substandard property to the governing body of the city or its designee. The report to the governing body of the city must include, without limitation: (a) The total amount of rent payments received from tenants of the substandard property; (b) The nature and amount of any contract that is negotiated or entered into by the receiver relating to the operation, repair or rehabilitation of or the abatement of a condition at the substandard property; (c) A record of payments made by the receiver relating to the operation, repair or rehabilitation of or the abatement of a condition at the substandard property; (d) Information relating to the progress of the repair or rehabilitation of the substandard property or abatement of a condition at the substandard property; and (e) A record of any amount paid to a tenant pursuant to NRS 268.4285 for relocation benefits. 2. On or before February 1 of each year, the governing body of the city shall submit any report required by subsection 1 and received during the immediately preceding calendar year to the Director of the Legislative Counsel Bureau for transmittal to the Legislature or, if the Legislature is not in session, to the Legislative Commission.