reglab/housing_qa huggingface dataset:
AZ Rev Stat § 48-691 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-691 - Separate fund to pay interest and principal upon maturing installment

48-691.  Separate fund to pay interest and principal upon maturing installment After any indebtedness is incurred under the provisions of this article,  the treasurer of the city or town,  during each year such indebtedness continues,  shall set aside in a separate fund from the revenues received during such year from highway user taxes,  including motor vehicle fuel taxes,  and all other taxes,  fees,  charges or other monies returned to the city or town pursuant to title 28,  chapter 18,  article 2 and section 42-6107,  an amount sufficient to pay the interest and principal upon the installment on such indebtedness next maturing.
AZ Rev Stat § 48-703 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-703 - Notice

48-703.  Notice A. The clerk of the municipality or county shall execute a notice that shall read substantially as follows: To whom it may concern: The governing body of the (city) (town) (county) of __________,  on (Date) ,  adopted the attached resolution declaring its intention to form a tax levying community facilities district. A hearing on formation will be held on (Date) ,  at (Time) at (Location) . All persons owning or claiming an interest in property in the proposed district who object to the inclusion of their land in the district,  to the formation of the district or to the contents of the general plan must file a written objection with the undersigned at the following address before the time set for the hearing.  (Date)__________________________  ________________________________  Clerk  ________________________________  Address  (Name of municipality or county)  B. A copy of the resolution declaring the governing body's intention to form the district shall be attached to the notice and the clerk of the municipality or county shall cause a copy to be mailed to the owners of real property in the district as shown on the most recent property tax assessment roll and to all other persons claiming an interest in such property who have filed a written request for a copy of the notice within the six months preceding or at any time following the adoption of the resolution of intent to form the district. The clerk of the municipality or county shall also publish a copy of the notice and resolution at least once in the official newspaper of the municipality or county,  if there is one,  or,  if there is no official newspaper of the municipality,  in a newspaper of general circulation in the county in which the municipality is located. The mailing and publication shall be completed at least twenty days before the date set for hearing. The clerk of the municipality or county shall execute an affidavit of mailing stating the date of mailing and the names and addresses of the persons to whom the notices and copies of the resolutions were mailed. The clerk of the municipality or county shall obtain an affidavit from the newspaper in which the publication was made. The clerk of the municipality or county shall cause both affidavits to be placed in the official records of the municipality or county. The affidavits are conclusive evidence of the mailing and publishing of notice. Notice shall not be held invalid for failure of delivery to the addressee. C. If the clerk of the municipality or county is informed that the person listed on the assessment roll is no longer the owner and the name and address of the successor owner become known,  the clerk of the municipality or county shall cause a copy of the notice and resolution to be mailed to the successor owner as soon as practicable after learning of the change of ownership.
AZ Rev Stat § 48-704 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-704 - Hearing on objections

48-704.  Hearing on objections A. Within thirty days after adoption of the resolution of intent to form a district,  any person claiming an interest in real property that the resolution discloses is situated in the district may file a written objection with the clerk of the municipality or county that adopted the resolution before 5:00 p.m. on the business day preceding the date and time set for the hearing on the question of formation of the district. The objection may raise one or more of the following: 1. That the objector's property would not be benefited from the improvements set forth in the general plan and that the property should be excluded from the district. 2. That the district should not be formed,  stating the specific reasons. 3. That the general plan should be modified,  stating the reasons for modification. B. At the hearing,  including any adjournments or continuances,  the governing body shall hear and pass only on the written objections and the testimony and evidence presented in support of or opposition to the objections. The hearing shall be either transcribed by a court reporter or recorded by a tape recorder. The court reporter's transcript or a transcription of the tape recording certified to be true and correct by the clerk of the municipality or county shall be filed in the official records of the governing body. C. In furtherance of the hearing,  the clerk of the municipality or county,  on written request or praecipe being presented,  shall issue subpoenas or subpoenas duces tecum to compel the attendance and testimony of any person or the submission of any documents at the hearing. Compliance with the subpoena shall be enforced as if the subpoena were issued by a clerk of the superior court. D. Testimony at the hearing need not be under oath,  unless requested by any owner or required by the governing body. Requests by owners that the testimony be under oath must be made in writing and be filed with,  or served on,  the clerk of the municipality or county before the hearing begins or the request is deemed waived. E. The minutes or a copy of a written transcript or a tape recording of the proceedings of a hearing conducted pursuant to this section shall be open to public inspection three working days after the conclusion of a hearing. Any person may request to examine or be furnished copies,  printouts,  photographs,  transcripts or recordings of a hearing during regular office hours of the governing body. The custodian of the records shall furnish the copies,  printouts,  photographs,  transcripts or recordings and may charge a reasonable fee that does not exceed the actual cost of reproducing the item requested.
AZ Rev Stat § 48-705 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-705 - Order forming district; election

48-705.  Order forming district;  election A. After the hearing,  the governing body may adopt a resolution ordering the formation of the district,  deleting any property determined not to be benefited by the district or modifying the general plan and then ordering the formation of the district or determining that the district not be formed. A resolution ordering formation of the district shall state whether the district will be governed by a district board that consists of the members of the governing body,  ex officio,  and if requested pursuant to section 48-702,  with two additional district board members who are initially designated by the owner who owns the largest amount of privately owned acreage in the district and who are appointed by the governing body,  or,  at the option of the governing body,  five directors appointed by the governing body. The resolution shall contain the names of the initial appointed district board members and the terms of office of each. If the district will be governed by the governing body,  ex officio,  with two additional district board members who are initially designated by the owner who owns the largest amount of privately owned acreage in the district and who are appointed by the governing body,  after the governing body receives a landowner petition prescribed in section 48-729,  subsection A,  paragraph 3,  the resolution ordering formation of the district may state that the two additional appointed district board member positions shall permanently be advisory nonvoting members of the district board. B. If the governing body determines that the district should be formed,  it shall submit the formation to an election of the owners of land in the district who are qualified electors of this state and other landowners,  according to section 48-3043,  unless a petition is presented to the governing body pursuant to section 48-707,  subsection F. Each owner has the number of votes or portions of votes equal to the number of acres or portions of acres rounded upward to the nearest one-fifth of an acre owned by that owner in the submitted district. In addition to holding the landowner election required by this subsection or receipt of the landowner petition pursuant to section 48-707,  subsection F,  and subject to section 48-707,  subsection G,  the governing body shall submit the formation of the district to a vote of the qualified electors who reside within the boundaries of the proposed district.
AZ Rev Stat § 48-706 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-706 - Judicial review

48-706.  Judicial review A. An owner or other person claiming an interest in the property who filed a written objection and who presented testimony or evidence at the hearing may seek review of the order forming the district and the decision of the governing body at the hearing by filing,  within thirty days after the adoption of the resolution prescribed in section 48-705 which ordered the forming of the district,  a petition for special action with the court of appeals. The special action shall be governed by the rules of civil procedure relating to special actions so far as applicable and not in conflict with this article. The governing body shall transmit the transcript of the hearing,  the order forming the district and the affidavits of mailing and publication of the notice and resolution of intent to form the district to the court of appeals. The petitioner shall bear the cost of preparing the record for appeal. The court of appeals shall place the special action on its calendar and give it precedence for hearing over all other civil actions except election contests. The review shall be limited to a review of the transcript of the hearing,  the order forming the district and the affidavits of mailing and publication of the notice and resolution declaring the governing body's intention to form the district. The court may review,  on the merits,  whether the formation of the district and the adoption of the general plan complied with this article and the laws and constitution of this state and whether land is benefited by the district. B. Land in an area deleted by order of the court or in a district ordered by the court to not be formed may not be included in a community facilities district for one year after the date the court's order is entered unless otherwise provided in the court's order or otherwise agreed to by the owner.
AZ Rev Stat § 48-710 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-710 - Perpetual succession

48-710.  Perpetual succession The district has perpetual succession.
AZ Rev Stat § 48-712 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-712 - Participation by municipality or county

48-712.  Participation by municipality or county The governing body of the municipality or county,  by resolution,  may summarily order the participation by the municipality or county in the costs of any public infrastructure purpose.
AZ Rev Stat § 48-713 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-713 - Other districts or improvements

48-713.  Other districts or improvements The formation of a district under this article does not prevent the subsequent establishment of similar districts or the improvement or assessment of land in the district by the municipality or county pursuant to article 2 of this chapter or the exercise by the municipality or county of any of its powers on the same basis as on all other land in its corporate boundaries.
AZ Rev Stat § 48-714 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-714 - Change in district boundaries or general plan

48-714.  Change in district boundaries or general plan A. After the formation election,  an area may be deleted from the district only following a hearing on notice to the owners of land in the district,  given in the manner prescribed for the formation hearing,  adoption of a resolution of intention to do so by the district board and approval by the owners of land in the district pursuant to section 48-705,  subsection B or section 48-707,  subsection F. Deleted areas remain subject to the levy for debt service on any bonds issued before the date of deletion. B. At any time after adoption of the resolution of intention to form the district an area may be added to the district on adoption by the governing board of a resolution of intention to do so,  and approval by the district board following a hearing on notice to the owners of land in the district and in the proposed addition to the district in the manner prescribed for the formation hearing. Approval for addition of the area to the district shall be received from the owners of land in the district and in the proposed addition area pursuant to section 48-705,  subsection B or pursuant to section 48-707,  subsection F if the approval by the owners of land in the district and in the proposed addition includes in its petition a waiver of any requirement for a separate resolution of intention by the district board and a waiver of any requirement of posting,  publication,  mailing,  notice,  hearing and election as to that addition to the district. C. The district board,  following a hearing on notice to owners of land in the district,  given in the manner prescribed for the formation hearing,  may amend the general plan in any manner which it determines will not substantially reduce the benefits to be received by any land in the district from the public infrastructure on completion of the work to be performed under the general plan. D. The hearings required by this section shall be conducted in the same manner as a hearing on formation,  and the right to object to the change in the district or the general plan shall be the same as for the hearing on formation.
AZ Rev Stat § 48-715 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-715 - Project approval

48-715.  Project approval Before constructing or acquiring any public infrastructure,  the district board shall cause a study of the feasibility and benefits of the project that shall be prepared by engineers and other qualified persons and that shall include a description of the public infrastructure to be constructed or acquired and all other information useful to understand the project,  a map showing,  in general,  the location of the project,  an estimate of the cost to construct,  acquire,  operate and maintain the project,  an estimated schedule for completion of the project,  a map or description of the area to be benefited by the project and a plan for financing the project. Within sixty days after receiving the report,  the board shall hold a public hearing on the report and provide notice of the hearing by publication not less than ten days in advance in the official newspaper of the municipality or county or,  if none in the municipality,  a newspaper of general circulation in the county and by mail to the governing body of the municipality. Within sixty days after the hearing,  the district board may reject,  amend or approve the report. If the report is amended substantially a new hearing shall be held within sixty days after the date the amended report is received and before approval. If the report is approved,  the district board shall adopt a resolution that identifies the public infrastructure of the project,  the areas benefited,  the expected method of financing,  including the nature and timing of the issuance of bonds,  if any,  and an appropriate system of providing revenues to operate and maintain the project. The district board shall execute the provisions of the report within the time frames identified in the approved report.
AZ Rev Stat § 48-716 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-716 - Budget

48-716.  Budget On or before July 15 each year,  the treasurer shall prepare a proposed budget for the ensuing fiscal year to be submitted to the district board for approval. The district board shall indicate its approval of the budget by resolution,  which shall provide for a hearing on the budget as approved. Notice of the hearing on the budget shall be provided in the manner prescribed by section 48-715. The municipality or county may review the proposed annual budget and may submit written comments to the district board for its assistance and information in adopting its annual budget. At the conclusion of the budget hearing,  the district board,  by resolution,  shall adopt the budget as finally approved by the district board. The budget shall be adopted before October 1 each year.
AZ Rev Stat § 48-717 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-717 - Finances

48-717.  Finances The projects to be constructed or acquired as shown in the general plan may be financed from the following sources of revenue: 1. Proceeds received from the sale of bonds of the district. 2. Monies of the municipality or county contributed to the district. 3. Annual tax levies. 4. Special assessments. 5. State or federal grants or contributions. 6. Private contributions. 7. User,  landowner and other fees and charges. 8. Proceeds of loans or advances. 9. Any other monies available to the district by law.
AZ Rev Stat § 48-718 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-718 - Recording documents

48-718.  Recording documents The district shall file and record with the county recorder the order forming the district,  the general plan of the district,  the canvass of any general obligation bond election and any special assessments levied by the district. Copies of all such information shall be provided to the state real estate department.
AZ Rev Stat § 48-720 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-720 - Revenue bonds; fees and charges

48-720.  Revenue bonds;  fees and charges A. At any time after the hearing on formation of the district,  the district board may hold a hearing on the question of authorizing the district board to issue revenue bonds of the district to provide monies for any public infrastructure purposes consistent with the general plan. B. If revenue bonds are approved by resolution,  the district board may issue and sell revenue bonds of the district. C. The district board may pledge to the payment of its revenue bonds any revenues of the district or revenues to be collected by the municipality or county in trust for the district and returned to the district. D. The district shall prescribe fees and charges,  and shall revise them when necessary,  to generate revenue sufficient,  together with any monies from the sources described in section 48-717,  to pay when due the principal and interest of all revenue bonds for the payment of which revenue has been pledged. The establishment or revision of any rates,  fees and charges shall be identified and noticed concurrently with the annual budget process of the district pursuant to section 48-716. E. If,  in the resolution of the district board,  the revenues to be pledged were limited to certain types of revenues,  only those types of revenues may be pledged and only those revenues must be maintained. F. No holder of revenue bonds issued under this article may compel any exercise of the taxing power of the district,  municipality or county to pay the bonds or the interest on the bonds. Revenue bonds issued under this article are not a debt of the district,  municipality or county,  nor is the payment of revenue bonds enforceable out of any monies other than the revenue pledged to the payment of the bonds. G. The district may issue and sell refunding bonds to refund any revenue bonds of the district.
AZ Rev Stat § 48-722 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-722 - Terms of bonds

48-722.  Terms of bonds A. Notwithstanding article 2 of this chapter,  with respect to any bonds the district board shall prescribe the denominations of the bonds,  the size of each issue and the form of the bonds and shall establish the maturities,  interest payment dates and interest rates,  whether fixed or variable,  not exceeding the maximum rate stated in the notice of the election or the resolution of the district board. The bonds may be sold by competitive bid or negotiated sale for public or private offering at,  below or above par. If the bonds are sold below par,  the aggregate amount of discount and interest to be paid on the bonds shall not exceed the amount of interest that would have been payable on those bonds pursuant to the maturity schedule prescribed by the district board at the maximum rate set out in the bond resolution. B. If general obligation bonds of the district are sold above par,  the amount of net premium associated with a general obligation bond issue may be used only for the following purposes: 1. To pay any or all costs incurred in issuing the general obligation bonds. 2. As a deposit in a debt service fund and used only to pay interest on the issue of general obligation bonds. C. If used for any purpose other than as prescribed in subsection B of this section,  and if the district has general obligation bond voter authorization and available capacity under its debt limitations prescribed by section 48-708,  subsection B,  the amount of net premium used for that purpose shall reduce in an equal amount both the available aggregate indebtedness capacity of the district prescribed in section 48-708,  subsection B and the principal amount authorized at the general obligation bond election for the district from which the issue of general obligation bonds is being sold. Any net premium that is used as prescribed in this subsection shall be amortized for all debt limitation purposes on a pro rata basis each year by multiplying the net premium used by a percentage equal to the percentage of the total principal amount of the general obligation bond issue that matures in that year. D. The proceeds of the sales shall be deposited with the treasurer,  or with a trustee or agent designated by the district board,  to the credit of the district to be withdrawn for the purposes provided by this article. Pending that use,  the proceeds may be invested as determined by the district. The bonds may contain such terms,  conditions,  covenants and agreements as the district board deems proper. The bonds may be payable from any combination of taxes,  revenues or special assessments of the types described in sections 48-719,  48-720 and 48-721 and as specified in the bonds provided that all applicable requirements of those sections are met.