reglab/housing_qa huggingface dataset:
AZ Rev Stat § 48-2461 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-2461 - Construction of article

48-2461.  Construction of article The powers conferred by this article are in addition and supplemental to the powers conferred by any other law,  it being the purpose and intent of this article to create full and complete additional and alternate methods for the exercise of such powers. Insofar as the provisions of this article are inconsistent with the provisions of any existing law,  the provisions of this article shall be controlling. This article being necessary for and to secure the public health,  safety,  convenience and welfare of the owners and occupants of lands lying within the boundaries of the district shall be liberally construed to effect the purposes hereof.
AZ Rev Stat § 48-2462 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-2462 - Definitions

48-2462.  Definitions In this article,  unless the context otherwise requires: 1. " Bonds"  means revenue bonds and includes notes where applicable. 2. " Undertaking"  means the purchase,  construction,  leasing or acquisition of any real or personal property,  works or facilities which the district is authorized by law to purchase,  construct,  lease or otherwise acquire,  or the improvement,  reconstruction,  extension or addition to any real or personal property,  works or facilities owned or operated by the district,  or any program of development involving real or personal property,  works or facilities which the district is authorized by law to purchase,  construct,  lease or otherwise acquire or the improvement,  reconstruction,  extension or addition to such program.
AZ Rev Stat § 48-2463 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-2463 - Purposes for which revenue bonds may be issued

48-2463.  Purposes for which revenue bonds may be issued After the organization of an agricultural improvement district,  the board of directors may cause revenue bonds to be issued for any undertaking.
AZ Rev Stat § 48-2464 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-2464 - Powers of district

48-2464.  Powers of district In the exercise of the powers granted or permitted by law,  the district shall have the additional power: 1. To issue its bonds to finance,  in whole or in part,  the costs of any undertaking. 2. To pledge to the punctual payment of the bonds and interest thereon the revenue of the district,  or any part thereof,  or all or any part of the revenue from the undertaking,  including improvements or extensions thereafter constructed or acquired,  sufficient to pay the bonds and interest as they become due,  and to create and maintain reasonable reserves therefor. The board of directors,  in determining the cost of the undertaking,  may include all costs and estimated costs of the issuance of the bonds,  all engineering,  inspection,  fiscal and legal expenses,  and interest which it is estimated will accrue on money borrowed or which will be borrowed during the construction period and for such period thereafter as the board may determine,  initial reserve funds for debt service and working capital,  the costs of the services of agents or persons,  corporations,  firms,  partnerships or associations,  employed,  or consultants,  advisors,  engineers or fiscal,  financial or other experts in the planning,  preparation,  supervision and financing of such undertaking,  and the costs incurred by the district in obtaining the order authorizing the issuance of the bonds pursuant to section 48-2465. 3. To fix,  levy,  and collect fees,  rentals or other charges for the use of or in connection with the services and facilities of the district or the undertaking,  and,  if any agreements with holders of bonds are made as may be provided by law,  to fix,  levy and collect such fees,  rentals and other charges in accordance with such agreements and subject thereto.
AZ Rev Stat § 48-2465 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-2465 - Revenue bonds

48-2465.  Revenue bonds A. To undertake,  carry out and accomplish any or all of the purposes and powers of the district authorized or permitted by law,  the district may borrow money and issue its negotiable bonds therefor. No bonds may be issued unless authorized by a resolution of the board of directors adopted by an affirmative vote of a majority of its members,  which shall set forth a brief description of the undertaking to be accomplished,  the estimated cost thereof,  and the amount,  maximum rate of interest and time of payment of the bonds. In districts that have both a board of directors and a council pursuant to article 3 of this chapter,  no bonds may be issued unless the council by resolution adopted by an affirmative vote of a majority of its members ratifies and confirms the amount of bonds authorized to be issued by the board of directors. Written notice of any meeting of the board or council for the purpose of taking action under this section shall be sent to all members thereof by certified mail at least three days prior to the date of such meeting. B. No bonds shall be issued pursuant to this article until the district first secures an order authorizing the issuance of such bonds in accordance with those provisions of section 40-302 pertaining to the issuance of bonds. All additional costs which are necessarily incurred by the corporation commission in connection with securing such order shall be paid for by the district. C. The principal of and interest on such bonds and premiums,  if any,  shall be payable solely from the revenue of the district,  or any part thereof,  or all or any part of the revenue from the undertaking,  as shall be pledged thereto in the authorizing resolution,  which may include,  if the resolution so provides,  revenues derived by reason of future improvements,  enlargements,  extensions or repairs thereto,  or revenues from the operation of all or any part of the district or undertaking. No bond or coupon may be issued pursuant to this article for which taxes or assessments upon or against the lands included within the district may be levied,  nor may payment thereof be enforceable out of any funds other than the revenue pledged to the payment thereof. Any other provision of law to the contrary notwithstanding,  bonds issued under the provisions of this article shall not be a lien upon the real property included in the district,  and neither such bonds nor the interest thereon may be payable from the levy of taxes upon the real property included in the district. No referendum or election is required for the issuance of bonds authorized in this article.
AZ Rev Stat § 48-2466 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-2466 - Forms of bonds

48-2466.  Forms of bonds A. All bonds and coupons issued under the provisions of this article are payable in lawful money of the United States and shall be payable in not exceeding fifty years from the date of the bond. B. The bonds may be issued in one or more series,  bear such date or dates,  mature at such time or times not exceeding fifty years from their respective dates,  be in such denomination or denominations,  be in such form,  carry such registration,  exchangeability and interchangeability privileges,  be payable in such medium of payment and at such place or places,  within or without the state,  be subject to such terms of redemption prior to their express maturity at such time with or without premium,  be equally and ratably secured without priority,  or be entitled to or subject to such priorities on all or any portion of such revenues and receipts of the district or of the undertaking and contain such other terms,  conditions and covenants as the board of directors may adopt in the authorizing resolution. C. The bonds shall bear interest at such rate or rates and are payable at such time or times and in such manner as the board of directors may determine by resolution. D. The bonds shall be fully negotiable within the meaning of and for all the purposes of the law merchant and the uniform commercial code of the state of Arizona,  subject only to the provisions of the bonds for registration. The bonds shall be signed by the president or vice-president and the secretary or assistant secretary of the district,  either manually or by their printed,  engraved or lithographed facsimile signatures,  except that at least one signature shall be manual,  with the seal of the district or a facsimile thereof affixed thereto,  as determined by resolution of the board of directors. The bonds of each issue shall be numbered consecutively and shall bear the date of their issue. Coupons for the several installments of interest shall be attached to each coupon bond and shall bear the facsimile signature of the secretary or the assistant secretary,  as determined by resolution of the board of directors. The bonds shall express on their faces that they are signed by authority of this article and shall state the title of the issue of which the bonds are a part. E. Pending the preparation and delivery of definitive bonds,  the district may issue interim certificates or temporary bonds,  exchangeable for definitive bonds when such bonds are executed and available for delivery. The interim certificates or temporary bonds may contain terms and conditions as the board of directors may determine.
AZ Rev Stat § 48-2467 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-2467 - Adoption of resolution; trust agreement

48-2467.  Adoption of resolution;  trust agreement For the purpose of this article,  the board of directors of any district by affirmative vote of a majority of its members is authorized to adopt a resolution relating to the exercise of the powers granted by this article and to any other matters necessary to effectuate the full intent and purpose of this article. In the discretion of the board of directors,  any bond issued pursuant to this article may also be secured by a trust agreement by and between the district and one or more corporate trustees or fiscal agents,  which may be any trust company or bank having the powers of a trust company within or without this state. Any such resolution adopted shall be effective upon its adoption unless otherwise specified therein. Written notice of any meeting of the board for the purpose of taking action under this section shall be sent to all members of the board by certified or registered mail at least ten days prior to the date of such meeting.
AZ Rev Stat § 48-2469 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-2469 - Form of notes

48-2469.  Form of notes A district may,  at any time after the issuance of bonds is authorized,  borrow money for the purposes for which such bonds are to be issued in anticipation of the receipt of the proceeds of the sale of such bonds and within the authorized maximum amount of such bond issue. Bond anticipation notes shall be issued for all monies so borrowed under the provisions of this section. Such notes may be issued for a period not exceeding one year and may be renewed from time to time for periods of not exceeding one year,  but each such note,  including renewals,  shall mature and be paid not later than the fifth anniversary of the date the original note was issued. Such notes shall be authorized by resolution of the board and shall be in such denomination or denominations,  shall bear interest at such rate or rates approved by the board of directors,  shall be in such form and shall be executed in such manner,  all as the board of directors shall prescribe. In the case of districts that have both a board of directors and a council pursuant to article 3 of this chapter,  notes may be issued without ratification and confirmation of the council. Such notes shall be sold at public or private sale or,  if such notes shall be renewal notes,  they may be exchanged for notes then outstanding on such terms as the board shall determine.
AZ Rev Stat § 48-2470 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-2470 - Sale of bonds

48-2470.  Sale of bonds A. Bonds shall be sold at public or private sale,  as the board of directors may determine. B. If the board of directors determines to sell such bonds at public sale,  notice of the sale shall be given by publication thereof for at least three days in a newspaper published in the county in which the office of the board of directors is located,  and in such other newspaper as the board directs. The notice shall state that sealed bids will be received by the board at its office for the purchase of the bonds until the day and hour named in the resolution. C. At the time appointed,  the board shall meet and open the bids and award the purchase of the bonds or reject any or all bids. The board may,  by the resolution and notice,  require a deposit or certified check as an evidence of good faith to accompany each bid for the bonds. The bonds may be sold at such price or prices as the board may determine. D. If the board of directors determines to sell such bonds at private sale,  such sale shall be subject to prior approval by a majority of the members of the council. E. The secretary of the district shall keep a record of the bonds sold,  their number,  the date of sale,  the price received and the name of the purchaser or purchasers.
AZ Rev Stat § 48-2472 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-2472 - Purchase of bonds by districts

48-2472.  Purchase of bonds by districts A district may purchase its bonds authorized to be issued in this article out of any funds available therefor. A district shall cancel forthwith any bonds so purchased.
AZ Rev Stat § 48-2473 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-2473 - Disposition of proceeds and other monies

48-2473.  Disposition of proceeds and other monies All proceeds received from the sale of the bonds,  all fees,  rental or other charges received by the district from any undertaking financed by the bonds,  and all monies received from any source in connection therewith shall be used,  applied and disposed of as the board determines by its bond resolution or trust agreement.
AZ Rev Stat § 48-2474 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-2474 - Validity of bonds; nonliability of officers and directors

48-2474.  Validity of bonds;  nonliability of officers and directors A. Bonds issued under this article and bearing the signature of officers in office on the date of the signing thereof shall be valid and binding obligations,  notwithstanding that,  before delivery and payment thereof,  any and all of the persons whose signatures appear thereon have ceased to be officers of the district issuing the bonds. B. The validity of the bonds shall not be dependent on nor affected by the validity or regularity of any proceedings relating to the construction,  improvement,  reconstruction,  acquisition or extension of the undertaking financed by the bonds or acquired in connection therewith. C. No member of the board of directors or officer of the district issuing bonds is liable personally on such bonds.
AZ Rev Stat § 48-2475 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-2475 - Bonds; legal investments

48-2475.  Bonds;  legal investments Notwithstanding any provisions of any other law to the contrary,  all bonds,  including refunding bonds,  issued pursuant to this article shall constitute legal investments for savings banks,  banks,  savings and loan associations,  trust companies,  executors,  administrators,  trustees,  guardians and other fiduciaries,  and for any board,  body,  agency or instrumentality of the state of Arizona,  or of any county,  municipality or other political subdivision of this state,  and shall constitute securities which may be deposited by banks,  savings and loan associations or trust companies as security for deposits of state,  county,  municipal and other public funds.
AZ Rev Stat § 48-2601 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-2601 - Definition of same general system of works

48-2601.  Definition of same general system of works In this chapter,  unless the context otherwise requires,  " same general system of works"  means any system of drainage works,  of whatever character,  combination or construction and by whatever means operated,  consisting of one or more connected or disconnected parts or portions,  and having one or more outlets or other means of disposing of the water collected or controlled by the works.
AZ Rev Stat § 48-2602 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-2602 - Organization of district

48-2602.  Organization of district When five or more holders of title or evidence of title to agricultural lands which are susceptible of drainage by the same general system of works desire to provide for the drainage of such lands,  they may propose the organization of a drainage district under the provisions of this chapter. When organized,  the district shall have the powers,  rights and duties conferred by law upon such drainage districts.
AZ Rev Stat § 48-2603 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-2603 - Petition for organization; notice; bond

48-2603.  Petition for organization;  notice;  bond A. In order to propose the organization of a drainage district,  a petition shall be presented to the board of supervisors of the county in which the lands within the proposed district,  or the greater portion thereof,  are located,  signed by the required number of holders of title or evidence of title to the lands within the proposed district. B. The petition shall set forth and particularly describe the proposed boundaries of the district and shall pray that the lands therein be organized as a drainage district under the provisions of this chapter. The petitioners shall accompany the petition with a good and sufficient bond to be approved by the board of supervisors in the amount of the probable cost necessary to be incurred by the board of supervisors in organizing the district,  conditioned that the obligors will pay all costs if the organization is not effected. C. The petition shall be presented at a regular or special meeting of the board of supervisors. If the board of supervisors determines that the organization of the drainage district is necessary and feasible,  the board shall enter an order fixing a time and place for hearing the petition and directing that the petition,  together with a notice of the hearing,  be published for not less than six weeks in a newspaper published in the county,  or if any portion of the proposed district lies within another county or counties,  that the petition and notice be likewise published in a newspaper published in each of such counties. When more than one newspaper is published in any such county,  the order shall require publication to be made in a newspaper which in the judgment of the board will reach the greatest number of persons residing within the boundaries of the proposed district.
AZ Rev Stat § 48-2604 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-2604 - Qualifications of petitioners

48-2604.  Qualifications of petitioners A. The equalized assessment roll of the county adopted next preceding presentation of the petition for organization of the drainage district shall be sufficient evidence of title for the purposes of this chapter,  but no person who has received or acquired title to land within the proposed district for the purpose of enabling the person to join in the petition or to become an elector of the district,  shall be allowed to sign the petition or to vote at any election to be held in the district. B. The illegal signing of a petition shall not invalidate the petition when a sufficient number of other legal petitioners join in signing the petition.
AZ Rev Stat § 48-2605 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-2605 - Hearing on petition

48-2605.  Hearing on petition A. At the time and place fixed for the hearing,  or at the time and place to which the board of supervisors adjourns the hearing from time to time,  not exceeding four weeks in all,  and on the final hearing,  the board shall make such changes in the proposed boundaries as deemed advisable,  and shall define and establish the boundaries. The board shall not modify the boundaries in a manner that excludes from the proposed district any territory which is susceptible of drainage by the same general system of works applicable to the other lands in the proposed district,  nor shall any lands which will not,  in the judgment of the board,  be benefited generally or specially by drainage by means of the system of works be included within the proposed district. B. Any person whose lands are susceptible of drainage by the same general system of works may,  upon application,  in the discretion of the board,  have his lands included within the proposed district. C. Upon the hearing of the petition the board of supervisors shall determine whether or not the petition complies with the requirements of sections 48-2601 through 48-2604,  and for that purpose shall hear all competent and relevant evidence and testimony offered in support or in opposition thereto. All decisions and determinations made at the hearing shall be entered upon the minutes of the board of supervisors. The minutes shall set forth and particularly describe the boundaries of the district as determined by the board of supervisors and the boundaries so determined and set forth in the minutes shall not be brought into question or set aside by any court except by appeal in the manner provided in section 48-2606.
AZ Rev Stat § 48-2606 (2021)
2021 Arizona Revised Statutes|Title 48 - Special Taxing Districts|§ 48-2606 - Appeal from order of board of supervisors

48-2606.  Appeal from order of board of supervisors A. Any person interested who is a party to the record may appeal to the superior court in the county in which the petition is heard from the order of the board of supervisors provided for in section 48-2605,  but if more than one appeal is taken they shall be consolidated for trial. The appeal shall be taken within thirty days after entry of the order upon the minutes of the board of supervisors. B. The appeal shall be taken and heard in the same manner as appeals from justice courts to the superior court in civil actions,  except as otherwise provided by this section. C. Upon the appeal the superior court shall make and enter its judgment affirming,  modifying or reversing the order appealed from. Within ten days thereafter the superior court shall transmit a certified copy of the judgment to the board of supervisors and if the order of the board has been modified or reversed,  the judgment of the superior court shall direct the board to enter the order as modified or the fact of reversal. The judgment and order shall be filed by the clerk of the board of supervisors,  and at the first regular meeting of the board thereafter,  it shall cause to be entered in its minutes the judgment and order as directed by the superior court. D. The appeal from the order shall be heard and determined within thirty days from the date of filing of the notice of appeal.