Arizona Statutes
§ 48-144 — Resolution calling bond election; publication
Arizona·Title 48 Arizona Revised Statutes·Ch. 1 GENERAL PROVISIONS·Art. 4 Issuance of Revenue Bonds by Irrigation and Agricultural Improvement Districts
A.The board of directors shall adopt a resolution calling an election upon the question of the issuance of the bonds. The resolution shall state in substance:
1.The maximum amount of bonds to be issued.
2.The purpose for which the bonds are to be issued.
3.The maximum rate of interest which the bonds are to bear.
4.A brief, concise statement, which need not include any detail other than the mere statement of the fact, showing that the bonds will be payable solely from revenues.
5.The date on which the election is to be held.
6.The places where votes may be cast.
7.The hours between which such polling places will be open.
B.The election resolution shall be posted in three public places in each division of the district for at least fifteen days prior to the date of the elect
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Nearby Sections
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§ 48-1002
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