Arizona Statutes

§ 48-5315 — Utility relocation reimbursement; definition

Arizona·Title 48 Arizona Revised Statutes·Ch. 30 REGIONAL TRANSPORTATION AUTHORITY·Art. 1 General Provisions
A.If county transportation excise tax monies collected pursuant to section 42-6106 are used to construct a light rail system under the regional transportation plan, all costs for the relocation, and reasonable ongoing costs related to the relocation, of utility facilities incurred as a direct result of the construction and operation of the light rail system shall be reimbursed by the light rail project to the utility. The board shall make the payments from transportation excise tax revenues within ninety days after presentation of a statement of verified expenses. The statement of verified expenses shall not include profit but may include a reasonable allocation of general overhead. The verified expenses may be reviewed and audited by the light rail operator. The audit must be conclude

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