Arizona Statutes

§ 48-1061 — Definitions

Arizona·Title 48 Arizona Revised Statutes·Ch. 6 COUNTY IMPROVEMENT DISTRICTS·Art. 6 Revenue Bond Financing

In this article, unless the context otherwise requires: 1. "Authorized purpose" includes any one or more of the following purposes:

(a)The payment of district obligations.
(b)The cost of acquiring, constructing, reconstructing, equipping, maintaining and repairing a waterworks or wastewater system as defined in section 48-901.
(c)The acquisition of real property for waterworks or wastewater system needs.
(d)The payment of bond related expenses. 2. "Bond related expenses" means any expenses incurred by the district to issue and administer its bonds, including underwriting fees and costs, trustee fees, financial consultant fees, printing and advertising costs, fiscal agent fees, paying agent fees, registrar fees, transfer agent fees, legal, accounting, feasibility consultant and ot

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