Duty of certain persons to erect and maintain sign on property to indicate intent to use, sell or lease for operation of establishment with nonrestricted license; requirements for sign

1. If a parcel of property is not within the Las Vegas Boulevard gaming corridor, is located in a gaming enterprise district and is not being used for the operation of an establishment with a nonrestricted license, a person who owns, leases or controls the property shall erect and maintain at least one sign that complies with the provisions of subsection 2 on each frontage of the property that is adjacent to a county, city or town street or a state highway, if the person intends to use, sell or lease the property for the operation of an establishment with a nonrestricted license. 2. A sign that is required to be erected and maintained pursuant to subsection 1: (a) Is for informational purposes only and must comply with all local ordinances and regulations that do not conflict with the provisions of this subsection and subsection 1; (b) Must be located not more than 20 feet from the edge of the street or state highway that it faces; (c) Must not be less than 32 square feet nor more than 80 square feet in surface area and must contain lettering that is not less than 6 inches in height; (d) Must indicate in simple and concise language that the property is intended to be used for a casino and a resort hotel; and (e) Must be maintained until the proposed establishment is substantially completed or the person who owns, leases or controls the property no longer intends to use, sell or lease the property for the operation of an establishment with a nonrestricted license.