Arizona Statutes

§ 48-1039 — Powers of a rural road improvement district

Arizona·Title 48 Arizona Revised Statutes·Ch. 6 COUNTY IMPROVEMENT DISTRICTS·Art. 5 Rural Road Improvement Districts
A.In addition to the powers otherwise granted to a district pursuant to this article a district may with respect to the rural road improvements for which the district was established:
1.Enter into contracts and intergovernmental agreements and expend monies for any rural road improvement in the district.
2.Employ staff and consultants or reimburse the county for staff and consultant services and support facilities supplied by the county.
3.Accept gifts, grants or loans for rural road improvements.
4.Pay the financial, legal and administrative costs of the district.
5.Enter into contracts, agreements and trust indentures to obtain credit enhancement or liquidity support for its bonds and process the issuance, registration, transfer and payment of its bonds and the disbursement an

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