Arizona Statutes
§ 48-4913 — Scope of resolution
Arizona·Title 48 Arizona Revised Statutes·Ch. 28 ACTIVE MANAGEMENT AREA WATER DISTRICT·Art. 5 Revenue Bonds
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
Free access — add to your briefcase to read the full text and ask questions with AI
Arizona § 48-4913 (Scope of resolution) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 48-1002
Complete procedure§ 48-1004
Limitation§ 48-101
State certification board§ 48-1011
Definitions§ 48-1013
Compensation; expenses§ 48-1017
Reimbursement for county services