Arizona Statutes

§ 48-3096 — Payments due under contract with United States; district assessments; determination of rate

Arizona·Title 48 Arizona Revised Statutes·Ch. 19 IRRIGATION AND WATER CONSERVATION DISTRICTS·Art. 7 Contracts With United States
A.All payments due or to become due to the United States under any contract between the district and the United States, including payments of interest and principal on bonds required in connection with the deposit or transfer thereof to the United States, shall be paid, unless otherwise provided by contract, by revenue derived from annual assessments, apportioned as prescribed by this article and levies therefor, upon real property within the district assessable for district purposes under the laws of the state. Such real property shall remain liable to assessment and levy for the payments provided by this section. The board of directors shall include in its annual estimate all amounts necessary to meet all payments to the United States when due as provided in the contract.
B.Assessment

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