Arizona § 5-863 Issuance and sale of bonds; notice

Arizona Statutes

§ 5-863 — Issuance and sale of bonds; notice

Arizona·Title 5 Arizona Revised Statutes·Ch. 8 TOURISM AND SPORTS AUTHORITY·Art. 3 Revenue Bonds

A.The board shall issue the bonds in the number and amount provided in the resolution.

B.The bonds may be sold by competitive bid or negotiated sale for public or private offering at the price and on the terms prescribed in the resolution.

C.The proceeds from the sale of the bonds shall be deposited in the bond proceeds subaccount established by section 5-864.

D.Title 35, chapter 3, article 7 applies to the board and to bonds issued under this article.

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A. The board shall issue the bonds in the number and amount provided in the resolution.

B. The bonds may be sold by competitive bid or negotiated sale for public or private offering at the price and on the terms prescribed in the resolution.

C. The proceeds from the sale of the bonds shall be deposited in the bond proceeds subaccount established by section 5-864.

D. Title 35, chapter 3, article 7 applies to the board and to bonds issued under this article.

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