Arizona Statutes

§ 48-2220 — Tax levy to pay principal and interest of bonds

Arizona·Title 48 Arizona Revised Statutes·Ch. 16 HEALTH SERVICE DISTRICTS·Art. 1 General Provisions
A.The principal of and interest on bonds issued pursuant to this article shall be paid from the following, either singly or in combination:
1.Revenue derived from an annual tax on the real property within the health service district issuing them, and such real property shall remain liable to taxes for payment of the bonds and interest until paid in full.
2.Rental from an organization that has contracted for the facilities with the district in order to provide for contracted services pursuant to section 48-2212, or from service charges made to clients of the medical clinic or clinics.
B.The board of directors of a health service district shall annually, on or before August 15, certify to the board of supervisors the amount necessary to pay interest on and the portion of principal whi

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