Arizona Statutes

§ 28-7652 — Agreement for construction of bridge or highway improvements

Arizona·Title 28 Arizona Revised Statutes·Ch. 21 STATE HIGHWAY FINANCING AND BONDING·Art. 4 Bonds Secured by Bridge Construction or Highway Improvement Revenues
A.The department and a county with a population of more than two million persons may enter into an intergovernmental agreement pursuant to title 11, chapter 7, article 3 for the construction of a bridge to provide direct access to commercial, residential and recreational facilities. The agreement shall:
1.Contain the commitment of this state and the county to transfer bridge construction revenues to the county treasurer for deposit in the bridge construction interest fund or redemption fund under section 28-7656, subsection A for the purpose of financing the construction, design, acquisition and attendant acquisition costs of the bridge.
2.Contain the commitment of the county to pay other monies for the purpose of financing the bridge.
3.Include this state's pledge of sufficient br

Free access — add to your briefcase to read the full text and ask questions with AI

Arizona § 28-7652 (Agreement for construction of bridge or highway improvements) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
View on official source ↗