Arizona § 48-1044 Finances

Arizona Statutes

§ 48-1044 — Finances

Arizona·Title 48 Arizona Revised Statutes·Ch. 6 COUNTY IMPROVEMENT DISTRICTS·Art. 5 Rural Road Improvement Districts

The rural road improvement projects may be financed from the following sources of revenue:

1.Proceeds received from the sale of bonds of the district. In addition to issuing general obligation bonds as prescribed by section 48-1045, the district may issue improvement bonds in the manner prescribed for county improvement districts established pursuant to article 1 of this chapter that are payable over not more than ten years.

2.Monies of the county that are contributed to the district.

3.State or federal grants.

4.Private contributions.

5.Any other monies available to the district by law.

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The rural road improvement projects may be financed from the following sources of revenue:

1. Proceeds received from the sale of bonds of the district. In addition to issuing general obligation bonds as prescribed by section 48-1045, the district may issue improvement bonds in the manner prescribed for county improvement districts established pursuant to article 1 of this chapter that are payable over not more than ten years.

2. Monies of the county that are contributed to the district.

3. State or federal grants.

4. Private contributions.

5. Any other monies available to the district by law.

Arizona § 48-1044 (Finances) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.