§ 30-26-503 — Definitions

As used in this part 5, unless the context otherwise
requires:

(1) Board means the board of county commissioners or other governing
body of any county.

(2) Bonds means any revenue bonds or other obligations issued by a county
pursuant to this part 5 but does not include general obligation bonds.

(3) County means any county within this state.

(4) County capital improvement trust fund means any one or more of the
county capital improvement trust funds established pursuant to this part 5.

(5) Obligations means notes, contracts, leases, and refunding obligations
issued by a county pursuant to this part 5.

(6) Person means any individual, firm, partnership, association, or
corporation or two or more or any combination of such entities.

(7) Political subdivision means counties, special districts, water
conservation districts, irrigation districts, municipal corporations, school districts,
and all other political subdivisions of the state.

(8) Project means any land, building, facility, or other improvement and all
real or personal property, and any undivided or other interest in any of the
foregoing, which is acquired, constructed, or improved or which is to be acquired,
constructed, or improved by any county with the proceeds of any bonds issued by
such county pursuant to this part 5 or with the principal of any county capital
improvement trust fund expended by such county pursuant to this part 5, to the
extent and only to the extent that such county is authorized to undertake any
acquisition, construction, or improvement of such project under the laws of this
state.

Legislative History

Source: L. 82: Entire part added, p. 485, � 1, effective July 1.