reglab/housing_qa huggingface dataset:
AZ Rev Stat § 48-6203 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-6203 - Board of directors

48-6203.  Board of directors (Conditionally Rpld.) A. The district is governed by a board of directors consisting of the following members: 1. One member of the governing body of the city establishing the district,  elected by the governing body. 2. One member of the governing body of the county establishing the district,  elected by the governing body. 3. One member of the general public who resides in Apache,  Coconino,  Mohave,  Navajo or Yavapai county,  appointed by the speaker of the house of representatives. 4. One member of the general public who resides in Maricopa county,  appointed by the president of the senate. B. Members of the board of directors who also serve on the governing body of a city or county establishing the district serve during their terms of office on the governing body of the city or county,  unless a successor is earlier elected by the respective governing body to replace the member for any reason. Other members of the board of directors shall serve four-year terms. C. Members are not eligible for compensation for service on the board of directors.
AZ Rev Stat § 48-6204 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-6204 - Administrative powers and duties

48-6204.  Administrative powers and duties (Conditionally Rpld.) A. The board of directors,  on behalf of the district,  may: 1. Adopt and use a corporate seal. 2. Sue and be sued. 3. Enter into contracts,  including intergovernmental agreements under title 11,  chapter 7,  article 3,  as necessary to carry out the purposes and requirements of this chapter. 4. Adopt administrative rules as necessary to administer and operate the district and any property under its jurisdiction. 5. Acquire by any lawful means,  except the power of eminent domain,  and operate,  maintain,  encumber,  lease and dispose of real and personal property and interests in property. 6. Retain legal counsel and other consultants as necessary to carry out the purposes of the district. B. The board of directors shall: 1. Appoint from among its members a chairperson,  a secretary and such other officers as may be necessary to conduct its business. 2. Designate a fiscal agent to deposit,  hold,  invest and disburse the district's monies. 3. Provide for the acquisition,  construction,  renovation,  redevelopment,  lease,  use and maintenance of the properties and interests owned or controlled by the district. 4. Keep and maintain a complete and accurate record of all of its proceedings. The board is a public body for purposes of title 38,  chapter 3,  article 3.1 and title 39,  chapter 1. 5. Enter into intergovernmental agreements with the county and city,  pursuant to title 11,  chapter 7,  article 3,  for administrative and staff support and meeting accommodations for accomplishing the purposes of the district. 6. Enter into contracts,  leases and other agreements in the interest of the district or to carry out and accomplish the purposes of this chapter,  including construction contracts and agreements with users of the theme parks. If the district issues bonds,  the following apply until the bonds are fully repaid: (a) The district shall provide in its lease or use agreement with the lessee or user that the lessee or user may not relocate,  significantly reduce its operation or terminate its agreement with the district. (b) The lessee or user may not move to a location in another state. (c) The lessee or user may not be a lessee or user or otherwise be a participant in a different district or use or participate in an agreement to use or construct a professional sports stadium or field in a location outside the district other than for a training stadium or field. 7. Contract for consulting,  legal,  accounting and other outside professional services,  including a professional facility management company.
AZ Rev Stat § 48-6205 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-6205 - Conflicts of interest

48-6205.  Conflicts of interest (Conditionally Rpld.) A. The directors of the district are subject to title 38,  chapter 3,  article 8,  relating to conflicts of interest,  including the penalties prescribed by section 38-510. B. A member of the board of directors shall not have any direct or indirect financial interest in any: 1. Property owned,  purchased or constructed by the district. 2. Contract entered into by the district. 3. Private corporation or other entity with which the district contracts.
AZ Rev Stat § 48-6232 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-6232 - Operational powers of district

48-6232.  Operational powers of district (Conditionally Rpld.) The district,  through the board of directors,  may: 1. Approve contractors and architects to construct facilities,  unless an architect will be employed directly by a contractor. 2. Negotiate agreements with the contractor and architect,  unless the architect will be employed directly by the contractor. 3. Work with the users,  contractors and architects to prepare a themed design for the facilities. 4. Prepare construction budgets and schedules. 5. Prepare the annual operating budget for the district pursuant to section 48-6251. 6. Negotiate lease or use agreements with parties that will occupy and use the district facilities. 7. Review construction change order requests. 8. Arrange for capital financing,  as needed. 9. In consultation with the users of the district's facilities,  negotiate one or more contracts for the lease,  use,  management,  operation and maintenance of the district's facilities. 10. Take any other actions that are necessary to ensure that the district's facilities are constructed according to the schedule and budget.
AZ Rev Stat § 48-6233 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-6233 - Site host relations

48-6233.  Site host relations (Conditionally Rpld.) A. The district may locate any of its facilities on real property leased from one or more site hosts. The district may negotiate agreements with site hosts,  including intergovernmental agreements pursuant to title 11,  chapter 7,  article 3 if a site host is a public agency as defined in section 11-951,  concerning the real property,  infrastructure and parking to be provided by the site host. All agreements must: 1. Provide that the site host shall indemnify and hold the district harmless from any liability to the extent resulting from the negligent or intentional acts or omissions of the site host or its representatives and agents or employees resulting from any access ways provided by the site host and reasonably used by the public for ingress and egress to the land,  infrastructure and parking facilities provided by the site host for use in connection with any theme park. 2. Require the site host to maintain insurance or an adequate self-insurance plan for any liability of the site host,  with a waiver of sovereign immunity if necessary. B. Before entering into an agreement with any site host,  the district shall require assurance that the site host has the financial capability to perform its obligations under any agreement with the district.
AZ Rev Stat § 48-6234 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-6234 - Regulating sale, use and consumption of alcoholic beverages

48-6234.  Regulating sale,  use and consumption of alcoholic beverages (Conditionally Rpld.) Subject to the requirements of title 4,  the board may permit or prohibit the sale,  use and consumption of alcoholic beverages on property acquired,  leased or subleased under this chapter.
AZ Rev Stat § 48-6271 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-6271 - Definitions

48-6271.  Definitions (Conditionally Rpld.) In this article,  unless the context otherwise requires: 1. " Bond related expenses"  means any expenses incurred by the district to issue and administer its bonds,  including underwriting fees and costs,  trustee fees,  financial consultant fees,  printing and advertising costs,  paying agent fees,  transfer agent fees,  legal,  accounting,  feasibility consultant and other professional fees and expenses,  credit enhancement fees,  attorney and accounting fees and expenses related to credit enhancement,  bond insurance or liquidity enhancement,  remarketing fees,  rating agency fees and costs,  travel and telephone expenses and all other fees considered necessary by the district in order to market and administer the bonds. 2. " Bonds"  means the revenue bonds of the district issued pursuant to this article. 3. " Theme park purpose"  includes the following purposes: (a) The capital costs of acquiring,  designing,  developing,  constructing,  reconstructing,  equipping and improving theme park facilities and directly related improvements and of on-site and off-site public infrastructure. (b) The payment of bond obligations. (c) Bond related expenses.
AZ Rev Stat § 48-6272 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-6272 - Authorization of revenue bonds; conditional expiration

48-6272.  Authorization of revenue bonds;  conditional expiration (Conditionally Rpld.) A. Subject to subsections D and E of this section,  the district may issue negotiable revenue bonds pursuant to this article in a principal amount that is necessary to: 1. Provide sufficient monies for theme park purposes. The board may segregate any theme park purpose for separate financing,  and may issue bonds separately or together,  in one or more issues. 2. Establish and fully or partially fund any reserves or sinking accounts established by the bond resolution. 3. Issue refunding bonds if the board considers refunding to be expedient. The board may provide for investing and holding the proceeds of the refunding bonds in trust for the benefit of the holders of the bonds being refunded. 4. Refund any bonds issued by the district if the bonds are secured from the same source of revenues as the bonds authorized in this article by issuing new bonds,  whether the bonds to be refunded have or have not matured. 5. Issue bonds partly to refund outstanding bonds and partly for any theme park purpose consistent with this article. B. The sum of all bonds issued by all districts established pursuant to this article shall not exceed an outstanding principal amount of $2, 000, 000, 000 at any given time,  except for refunding bonds and other bonds issued to refund outstanding bonds of the districts. C. The board shall authorize the bonds by resolution. The resolution shall prescribe: 1. The district's revenue sources that are pledged and dedicated to secure the bonds. 2. The rate or rates of interest,  which may be fixed or variable,  the date or dates on which interest is payable and the denominations of the bonds. 3. The date or dates of the bonds and maturity,  which shall be within thirty years after the date of issuance. 4. The manner of executing the bonds. 5. The medium and place of payment. 6. The terms of redemption,  which may provide for a premium for early redemption. D. The board shall not issue bonds under this article unless it receives irrevocable and legally enforceable financial participation commitments from private nongovernmental entities for theme park purposes,  including from new market tax credits,  in an amount equal to twenty percent of the principal amount of the bond issue. E. The authority of the board of directors to issue bonds under this article expires if the board fails to issue any bonds on or before December 31,  2031.
AZ Rev Stat § 48-6273 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-6273 - Issuance and sale of bonds

48-6273.  Issuance and sale of bonds (Conditionally Rpld.) A. The board shall issue the bonds in the number and amount provided in the resolution. The board shall provide notice of its intention to issue bonds in a manner consistent with market practice. B. The bonds may be sold by competitive public sale,  through an on-line bidding process or at negotiated sale for public or private offering at the price and on the terms prescribed in the resolution. For the purposes of this subsection,  " on-line bidding process"  means a procurement process in which the board receives bids electronically over the internet in a real-time,  competitive bidding event. C. The amount of bond related expenses paid from net premium associated with a bond issue may not exceed two per cent of the par value of the bond issue. For the purposes of this subsection,  " net premium"  means the difference between the par amount of the bond issue and the bond issue price determined pursuant to United States treasury regulations. D. The proceeds from the sale of the bonds shall be deposited in the bond proceeds account established pursuant to section 48-6274. E. Title 35,  chapter 3,  article 7 applies to the board and to bonds issued under this article.
AZ Rev Stat § 48-6274 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-6274 - Bond proceeds account

48-6274.  Bond proceeds account (Conditionally Rpld.) A. If the district issues bonds under this article,  the board shall establish a bond proceeds account within the general fund consisting of monies received from the sale of the bonds. B. The district may use monies in the bond proceeds account only for theme park purposes in the manner prescribed by this chapter. C. The fiscal agent of the district shall administer and account for the bond proceeds account.
AZ Rev Stat § 48-6275 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-6275 - Debt service account

48-6275.  Debt service account (Conditionally Rpld.) A. If the district issues bonds under this article,  the board shall establish a debt service account within the general fund consisting of monies designated and dedicated by the board for repayment of the bonds and payment of costs and related expenses associated with redeeming the bonds. B. Monies in the debt service account may be used only for the purposes authorized by this article. C. The fiscal agent of the district shall administer and account for the debt service account.
AZ Rev Stat § 48-6276 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-6276 - Securing principal and interest

48-6276.  Securing principal and interest (Conditionally Rpld.) In connection with issuing bonds authorized by this article and to secure the principal and interest on the bonds,  the board by resolution may: 1. Pledge for the payment of principal and interest on the bonds all or part of the revenues and other monies received by the district and deposited in the general fund or any account or subaccount of the district. 2. Pledge and assign to or in trust for the benefit of the holder or holders of the bonds all or part of the monies in the debt service account or any other account or subaccount as necessary to secure and pay the principal,  the interest and any premium on the bonds as they come due. 3. Segregate the debt service account into one or more subaccounts and provide that bonds issued under this article may be secured by a lien on all or part of the monies paid into the debt service account or into any subaccount in the debt service account. 4. Establish priorities among bondholders based on criteria adopted by the board. 5. Set aside,  regulate and dispose of reserves and sinking accounts. 6. Prescribe the procedure,  if any,  by which the terms of any contract with bondholders may be amended or abrogated,  the amount of bonds the holders of which must consent to and the manner in which the consent may be given. 7. Provide for payment of bond related expenses from the proceeds of the sale of the bonds or other revenues available to the board. 8. Provide for the services of trustees,  cotrustees,  agents and consultants and other specialized services with respect to the bonds. 9. Take any other action that in any way may affect the security and protection of the bonds or interest on the bonds.
AZ Rev Stat § 48-6277 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-6277 - Lien of pledge

48-6277.  Lien of pledge (Conditionally Rpld.) A. Any pledge made under this article is valid and binding from the time when the pledge is made. B. The monies pledged to the holders of the bonds and received by the district for placement in the debt service account are immediately subject to the lien of the pledge without any further act. Any lien of any pledge is valid and binding against all parties who have claims of any kind against the district,  regardless of whether the parties have notice of the lien. The official resolution or any instrument by which this pledge is created,  when adopted by the board,  is notice to all concerned of the creation of the pledge,  and those instruments need not be recorded in any other place to perfect the pledge.
AZ Rev Stat § 48-6278 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-6278 - Bond purchase; cancellation

48-6278.  Bond purchase;  cancellation (Conditionally Rpld.) The board may purchase bonds for cancellation,  using any available monies,  at a price not exceeding the following: 1. If the bonds are redeemable at the time of purchase,  the applicable redemption price plus accrued interest to the next interest payment date. 2. If the bonds are not redeemable at the time of purchase,  the applicable redemption price on the first date after purchase on which the bonds become subject to redemption plus accrued interest to that date.
AZ Rev Stat § 48-6279 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-6279 - Payment of bonds

48-6279.  Payment of bonds (Conditionally Rpld.) A. The bonds shall be paid solely from monies in the debt service account. B. The members of the board and any persons who execute the bonds are not personally liable for the payment of the bonds. C. The fiscal agent of the district shall cancel all bonds when paid.
AZ Rev Stat § 48-6280 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-6280 - Use of surplus monies

48-6280.  Use of surplus monies (Conditionally Rpld.) A. If a balance remains in the bond proceeds account after all acquisition,  construction and related costs have been paid: 1. The board shall credit the balance to repay any other outstanding indebtedness of the district. 2. If the district has no outstanding indebtedness,  the board shall credit the remaining balance to the district's general fund. B. If a balance remains in the debt service account after payment of all bonds,  interest and other charges related to bonds issued under this article,  the board shall credit the balance to the general fund.
AZ Rev Stat § 48-6281 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-6281 - Investment of monies in the bond proceeds account

48-6281.  Investment of monies in the bond proceeds account (Conditionally Rpld.) A. The board may authorize the district fiscal agent to invest monies in the bond proceeds account in the manner prescribed by section 48-6283. B. The order directing an investment shall state a date on which the proceeds from the sale of the bonds will be needed for use,  and the fiscal agent shall make the investment in such a way as to mature on or before the specified date. C. All monies earned as interest or otherwise derived from the investment of the monies in the bond proceeds account shall be used to pay all bonds,  interest and other charges related to bonds issued under article 4 of this chapter.
AZ Rev Stat § 48-6282 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-6282 - Investment of monies in debt service account

48-6282.  Investment of monies in debt service account (Conditionally Rpld.) A. The board may authorize the district fiscal agent to invest and reinvest any monies in the debt service account as provided by section 48-6283. B. The order directing an investment shall state a date on which the monies and other resources in the debt service account will be needed for use,  and the fiscal agent shall make the investment in such a way as to mature on or before the specified date. C. All monies earned as interest or otherwise derived from the investment of the monies in the debt service account shall be credited to the district's general fund and applied to bond debt as it accrues.
AZ Rev Stat § 48-6283 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-6283 - Authorized investments of monies

48-6283.  Authorized investments of monies (Conditionally Rpld.) A. The monies in either the bond proceeds account or the debt service account may be invested and reinvested at the direction of the board in any of the following: 1. United States treasury obligations. 2. Consolidated farm loan bonds. 3. Obligations issued by the federal intermediate credit banks or bonds for cooperatives on authority of the farm credit act of 1933. 4. Any other obligations guaranteed by the United States government. 5. Any investments that are authorized by any other agencies of the United States government and that are authorized to secure public deposits. 6. State and local government series United States treasury securities. 7. State,  county or municipal bonds issued in this state and on which the payments of interest have not been deferred. 8. Investment agreements and repurchase agreements collateralized by investments described in paragraphs 1 through 5. B. The purchase of the securities shall be made by the district fiscal agent on authority of a resolution of the board. The fiscal agent shall act as custodian of all securities purchased. C. The board may place any restrictions on reinvestment yield on bond proceeds or on any monies pledged to pay the bonds if necessary to comply with federal income tax laws and regulations to gain any federal tax benefits available with respect to the bonds.
AZ Rev Stat § 48-6284 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-6284 - Deposit and disbursement of monies

48-6284.  Deposit and disbursement of monies (Conditionally Rpld.) A. Monies derived from selling bonds under this article or pledged or assigned to or in trust for the benefit of the holder or holders of the bonds shall be deposited by the district fiscal agent in financial institutions that the board designates and that are insured by an agency or instrumentality of the United States. The monies shall be disbursed as the board directs and according to the terms of any agreements with the holder or holders of the bonds. B. This section shall not be construed as limiting the power of the board to agree in connection with the issuance of any of its bonds as to the custody and disposition of the monies received from selling bonds or from the income and revenues pledged or assigned to or in trust for the benefit of the holder or holders of the bonds.