Arizona § 48-4913 Scope of resolution

Arizona Statutes

§ 48-4913 — Scope of resolution

Arizona § 48-4913

Title 48Arizona Revised Statutes

Ch. 28ACTIVE MANAGEMENT AREA WATER DISTRICT

Art. 5Revenue Bonds

This text of Arizona § 48-4913 (Scope of resolution) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 48-4913 (2026).

Text

A.Resolutions for a bond issue or issues under this article shall state the amount of the proposed issue or issues, the proposed interest rate and types and terms of bonds, that all other methods of necessary financing by the district have been found impractical, inadvisable or inadequate and that the issuance of the bonds is necessary and advisable as proposed.

B.Resolutions shall be signed by the district chairman and secretary-treasurer. In support of the resolution the district shall enter into its record pertinent engineering, economic and financial data, appropriate maps, drawings, plans, outlines, calculations, summaries and related agreements and any other essential information constituting a record appropriate to the resolution.

C.The resolution may approve a bond issue to fi

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A. Resolutions for a bond issue or issues under this article shall state the amount of the proposed issue or issues, the proposed interest rate and types and terms of bonds, that all other methods of necessary financing by the district have been found impractical, inadvisable or inadequate and that the issuance of the bonds is necessary and advisable as proposed.

B. Resolutions shall be signed by the district chairman and secretary-treasurer. In support of the resolution the district shall enter into its record pertinent engineering, economic and financial data, appropriate maps, drawings, plans, outlines, calculations, summaries and related agreements and any other essential information constituting a record appropriate to the resolution.

C. The resolution may approve a bond issue to finance an entire plan or system or any single or joint project, section or other facility of a related system or plan proposed for ultimate integration and completion.