reglab/housing_qa huggingface dataset:
AZ Rev Stat § 11-681.04 (2021)
2021 Arizona Revised Statutes|Title 11 - Counties|§ 11-681.04 - Securing principal and interest

11-681.04.  Securing principal and interest In connection with issuing bonds authorized by this article and to enhance the security of the bonds,  the board by resolution may: 1. Segregate the debt service fund into one or more accounts and subaccounts. 2. Provide that the bonds issued under this article are secured by a first lien on the monies paid into the debt service fund and 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 fund or an account or subaccount as necessary to secure and pay the principal,  the interest and any premium on the bonds as they come due. 3. Establish priorities among bondholders based on criteria adopted by the board. 4. Set aside,  regulate and dispose of reserves and sinking accounts. 5. 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. 6. Provide for payment of bond related expenses from the proceeds of the sale of the bonds or other revenues available to the board. 7. Provide for the services of trustees,  cotrustees,  agents,  consultants and other specialized services with respect to the bonds. 8. Provide additional security for the bonds in the form of a line of credit,  letter of credit,  insurance policy or other security and: (a) Pay the cost of the additional security from amounts produced from the bond issue or from other available sources. (b) Enter into reimbursement obligations in connection with the additional security. 9. Refund any bonds issued pursuant to this article,  if the new bonds are secured from the same source of revenues as the original bonds,  by issuing new bonds,  whether at or before maturity of the bonds being refunded. 10. Issue bonds partly to refund outstanding bonds and partly for any other purpose consistent with this article. 11. 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 § 11-681.05 (2021)
2021 Arizona Revised Statutes|Title 11 - Counties|§ 11-681.05 - Lien of pledge

11-681.05.  Lien of pledge A. Any pledge made under this article is valid and binding from the time when the pledge is made. B. The monies pledged and received by the board to be placed in the debt service fund are immediately subject to the lien of the pledge without any future physical delivery or further act. Any lien of any pledge is valid and binding against all parties who have claims of any kind against the county,  regardless of whether the parties have notice of the lien. The official resolution or trust indenture 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 § 11-681.06 (2021)
2021 Arizona Revised Statutes|Title 11 - Counties|§ 11-681.06 - Bond purchase; cancellation

11-681.06.  Bond purchase;  cancellation 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 on which the bonds become subject to redemption plus accrued interest to that date.
AZ Rev Stat § 11-681.07 (2021)
2021 Arizona Revised Statutes|Title 11 - Counties|§ 11-681.07 - Payment of bonds

11-681.07.  Payment of bonds A. The bonds shall be paid solely from monies from the debt service fund. B. The county treasurer shall cancel all bonds when paid.
AZ Rev Stat § 11-681.08 (2021)
2021 Arizona Revised Statutes|Title 11 - Counties|§ 11-681.08 - Use of surplus monies

11-681.08.  Use of surplus monies A. If a balance remains in the bond proceeds fund after all county judgment purposes have been paid,  the remaining balance shall be used to reduce the county primary property tax levy in the following year. B. If a balance remains in the debt service fund after the retirement and payment of all bonds,  interest and other charges related to bonds issued under this article,  the remaining balance shall be used to reduce the county primary property tax levy in the following year.
AZ Rev Stat § 11-681.09 (2021)
2021 Arizona Revised Statutes|Title 11 - Counties|§ 11-681.09 - Investment of monies in the bond proceeds fund and the debt service fund

11-681.09.  Investment of monies in the bond proceeds fund and the debt service fund A. The board may authorize the county treasurer to invest monies in the bond proceeds fund in the manner prescribed by this section. 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 treasurer shall make the investment in such a way as to mature at the specified date. All monies earned as interest or otherwise derived from the investment of the monies in the bond proceeds fund shall be credited to the debt service fund. B. The board may authorize the county treasurer to invest and reinvest any monies in the debt service fund as provided by this section. All monies earned as interest or otherwise derived from the investment of the monies in the debt service fund shall be credited to that fund. C. The monies in either the bond proceeds fund or the debt service fund may be invested and reinvested 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 by 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. The pooled investment funds established by the state treasurer pursuant to section 35-326. 8. State,  county or municipal bonds issued in this state and on which the payments of interest have not been deferred. 9. Investment agreements and repurchase agreements collateralized by investments described in paragraphs 1 through 5. D. The board may place any restrictions on reinvestment yield on the bonds 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. Monies shall be invested under this section in a manner that avoids arbitrage penalties prescribed by federal law. E. The purchase of the securities shall be made by the county treasurer on authority of a resolution of the board. The treasurer shall act as custodian of all securities purchased.
AZ Rev Stat § 11-681.10 (2021)
2021 Arizona Revised Statutes|Title 11 - Counties|§ 11-681.10 - Characteristics of bonds; negotiable; obligation; legal investments; exemption from taxation

11-681.10.  Characteristics of bonds;  negotiable;  obligation;  legal investments;  exemption from taxation A. Subject to any registration requirements,  the bonds issued under this article are fully negotiable within the meaning and for all purposes of the uniform commercial code regardless of whether the bonds actually constitute negotiable instruments under the uniform commercial code. B. The bonds,  their transfer and the income from the bonds are at all times free from taxation in this state. C. Bonds issued under this article: 1. Are payable only according to their terms. 2. Are obligations of the county,  and are not general,  special or other obligations of this state. 3. Do not constitute a general obligation debt of this state or of the county. 4. Are not enforceable against this state or the county nor is payment of the bonds enforceable out of any monies other than the revenue pledged and assigned to,  or in trust for the benefit of,  the holder or holders of the bonds. 5. Are government obligation securities suitable for investment by: (a) Public officers and bodies of this state and of counties,  municipalities and other political subdivisions of this state. (b) Insurance companies,  associations and other persons carrying on an insurance business. (c) Financial institutions,  investment companies and other persons carrying on a banking business. (d) Fiduciaries. (e) All other persons who are authorized to invest in government obligations. 6. Are securities that may be deposited with public officers or bodies of this state and counties,  municipalities and other political subdivisions of this state for purposes that require the deposit of government bonds or obligations.
AZ Rev Stat § 11-681.11 (2021)
2021 Arizona Revised Statutes|Title 11 - Counties|§ 11-681.11 - Effect of changing circumstances on bonds; agreement of state

11-681.11.  Effect of changing circumstances on bonds;  agreement of state A. Bonds issued under this article remain valid and binding obligations of the county notwithstanding that before the delivery of the bonds any of the persons whose signatures appear on the bonds cease to be officers of the county. B. An amendment of any provision in this article does not diminish or impair the validity of bonds issued under this article or the remedies and rights of bondholders. C. This state pledges to and agrees with the bondholders that this state will not limit,  alter or impair the rights vested in the county to collect the monies,  including county excise tax revenues under section 42-6112,  or an equivalent source,  necessary to produce sufficient revenue to fulfill the terms of any agreements made with the holders of the bonds,  or in any way impair the rights and remedies of the bondholders,  until all bonds issued under this article,  together with interest on the bonds,  interest on any unpaid installments of principal or interest and all costs and expenses in connection with any action or proceedings by or on behalf of the bondholders,  are fully met and discharged. The board may include this pledge and undertaking in its resolutions and indentures authorizing and securing its bonds.
AZ Rev Stat § 11-681.12 (2021)
2021 Arizona Revised Statutes|Title 11 - Counties|§ 11-681.12 - Validity of bonds; legal opinion

11-681.12.  Validity of bonds;  legal opinion A. This article constitutes full authority for authorizing and issuing county judgment bonds without reference to any other law of this state. No other statute with regard to authorizing or issuing obligations or that in any way impedes or restricts performing the acts authorized by this article may be construed to apply to any proceedings taken or acts done pursuant to this article. B. The board may submit bonds to be issued under this article to the county attorney or other legal counsel after all proceedings for authorizing the bonds have been completed. Within fifteen days after submission,  the county attorney or counsel shall examine and pass on the validity of the bonds and the regularity of the proceedings. If counsel determines that the bonds and proceedings comply with this article,  and if the bonds when delivered and paid for will constitute binding and legal obligations of the county,  the county attorney or counsel shall render a legal opinion in substance that the bonds are issued according to the constitution and laws of this state. C. The bonds shall recite that they are regularly issued pursuant to this article. That recital,  together with the legal opinion under subsection B,  constitutes prima facie evidence of the legality and validity of the bonds. From and after the sale and delivery of the bonds,  they are incontestable by any party.
AZ Rev Stat § 11-701 (2021)
2021 Arizona Revised Statutes|Title 11 - Counties|§ 11-701 - Formation of authority

11-701.  Formation of authority A. The board of supervisors of a county may establish a county sports authority to include the incorporated and unincorporated areas of the county. To establish the authority the board of supervisors shall adopt a resolution stating: 1. The name of the proposed authority. 2. The boundaries of the proposed authority,  which shall be coterminous with the boundaries of the county. 3. The necessity for the authority,  including a statement that the public interest,  convenience and necessity will be promoted by establishing the authority. 4. A general statement of the sports facilities and the services to be provided by the authority. 5. Such other matters as the board deems necessary. B. The resolution shall set a date for a hearing on the resolution,  not less than twenty-one nor more than forty days from the date of the resolution. The notice of the hearing shall contain substantially all the information contained in the resolution and shall be published once each week for at least three consecutive weeks before the hearing in a newspaper of general circulation in the county. The board shall meet at the time and place fixed for the hearing. At the hearing the board shall hear all persons who wish to appear in favor of or against establishing the authority. C. If,  after the hearing,  it appears to the board that the public interest,  convenience and necessity will be served by establishing the authority the board shall declare its findings and order the formation of the authority under the designated corporate name. The board shall file a certified copy of the proceedings with the county recorder. D. A party aggrieved by the action of the board under this section may bring an action in the superior court in the county in which the authority is located to set aside the action of the board. The action must be instituted not more than thirty-five days after entry of the order forming the authority. E. The board of supervisors may pay the necessary costs incurred in connection with the formation of the authority from any monies available for that purpose. F. If established,  the authority is a body corporate with the powers and immunities of a municipal corporation for the purposes of implementing this chapter,  including exemption of its property and bonds from taxation.
AZ Rev Stat § 11-703 (2021)
2021 Arizona Revised Statutes|Title 11 - Counties|§ 11-703 - Using university property

11-703.  Using university property The board of directors may enter into one or more intergovernmental agreements pursuant to chapter 7,  article 3 of this title with the Arizona board of regents or with any institution under its jurisdiction in the county to lease university real or personal property. Any such lease may authorize the authority to sublease the property for any activity suited to the property,  including sporting events. In addition,  the board of directors,  pursuant to section 11-702,  subsection C,  paragraph 6,  may acquire ownership of or an ownership interest in any such property. Subject to the provisions of title 4,  the board of directors may permit and regulate the sale,  use and consumption of alcoholic beverages at events held on property acquired,  leased or subleased under this section.
AZ Rev Stat § 11-705 (2021)
2021 Arizona Revised Statutes|Title 11 - Counties|§ 11-705 - Annual budget

11-705.  Annual budget A. Not later than June 30 each year the board of directors shall hold a public hearing to adopt and submit to the board of supervisors a budget for the following fiscal year which shall include: 1. Receipts during the past fiscal year. 2. Expenditures during the past fiscal year. 3. Estimates of amounts necessary for administration and operation expenses during the following fiscal year including amounts proposed for: (a) Recurring items of expense. (b) Capital items. (c) Unanticipated contingencies and emergencies. (d) Events to be promoted by the authority in the following fiscal year. 4. Anticipated revenue to the authority in the following fiscal year. 5. A complete asset and liability statement. 6. A statement of profit or loss from operations. 7. Cash on hand as of the date the budget is adopted and the anticipated balance at the end of the current fiscal year. 8. An itemized statement of commitments,  reserves and anticipated obligations for the following fiscal year. 9. The amount budgeted for scholarships. B. The budget may be amended during the year to account for unanticipated revenues received after the budget is adopted.
AZ Rev Stat § 11-706 (2021)
2021 Arizona Revised Statutes|Title 11 - Counties|§ 11-706 - Termination of the authority

11-706.  Termination of the authority The board of supervisors may terminate an authority established under this chapter if it determines that the authority is no longer in the public interest,  convenience or necessity. The termination procedures are the same as prescribed in section 11-701 for establishing the authority. The termination is effective from and after the following June 30. On termination the county assumes all outstanding liabilities and obligations and acquires all assets of the authority.
AZ Rev Stat § 11-722 (2021)
2021 Arizona Revised Statutes|Title 11 - Counties|§ 11-722 - Bond obligations of the authority

11-722.  Bond obligations of the authority Bonds issued under this article are obligations of the county sports authority,  are payable only according to their terms and are not obligations general,  special or otherwise of this state or the county. The bonds do not constitute a legal debt of this state or the county and are not enforceable against this state or the county. Payment of the bonds is not enforceable out of any monies other than the income and revenue pledged and assigned to,  or in trust for the benefit of,  the holder or holders of the bonds.
AZ Rev Stat § 11-723 (2021)
2021 Arizona Revised Statutes|Title 11 - Counties|§ 11-723 - Certification of bonds by county attorney

11-723.  Certification of bonds by county attorney The board shall submit any bonds issued under this article to the county attorney after all proceedings for their authorization have been completed. On submission the county attorney shall examine and pass on the validity of the bonds and the regularity of the proceedings. If the proceedings comply with this article,  and if he determines that,  when delivered and paid for,  the bonds will constitute binding and legal obligations of the board,  the county attorney shall certify on the back of each bond,  in substance,  that it is issued according to the constitution and laws of this state.
AZ Rev Stat § 11-724 (2021)
2021 Arizona Revised Statutes|Title 11 - Counties|§ 11-724 - County sports authority bonds as legal investments

11-724.  County sports authority bonds as legal investments County sports authority bonds issued under this article are securities in which public officers and bodies of this state and of municipalities and political subdivisions of this state,  all companies,  associations and other persons carrying on an insurance business,  all financial institutions,  investment companies and other persons carrying on a banking business,  all fiduciaries and all other persons who are authorized to invest in obligations of the county may properly and legally invest. The bonds are also securities which may be deposited with public officers or bodies of this state and municipalities and political subdivisions of this state for purposes which require the deposit of state or county bonds or obligations.
AZ Rev Stat § 11-731 (2021)
2021 Arizona Revised Statutes|Title 11 - Counties|§ 11-731 - Limitation on powers and duties of a county sports authority

11-731.  Limitation on powers and duties of a county sports authority A. All jurisdiction,  powers,  duties and authority of all cities located within any county which establishes a county sports authority pursuant to section 11-701 shall continue in full force and effect and shall remain unchanged and undiminished by virtue of the creation of the county sports authority. B. To the extent any conflict exists between the jurisdiction,  power,  duties and authority of a county sports authority and any city located within the county which established such county sports authority pursuant to section 11-701,  the jurisdiction,  powers,  duties and authority of such city shall prevail,  control and be superior.
AZ Rev Stat § 11-801 (2021)
2021 Arizona Revised Statutes|Title 11 - Counties|§ 11-801 - Definitions

11-801.  Definitions In this chapter,  unless the context otherwise requires: 1. " Aggregate"  means cinder,  crushed rock or stone,  decomposed granite,  gravel,  pumice,  pumicite and sand. 2. " Area of jurisdiction"  means that part of the county outside the corporate limits of any municipality. 3. " Board"  means the board of supervisors. 4. " Commission"  means the county planning and zoning commission. 5. " Indian reservation"  means all lands that are held in trust by the United States for the exclusive use and occupancy of Indian tribes by treaty,  law or executive order and that are currently recognized as Indian reservations by the United States department of the interior. 6. " Inspector"  means the county zoning inspector. 7. " Newspaper of general circulation in the county seat"  means a daily or weekly newspaper if any is published in the county seat. 8. " Rezoning"  means a change in the zoning ordinance changing the zoning district boundaries within an area previously zoned. 9. " Zoning district"  means any portion of a county in which the same set of zoning regulations applies. 10. " Zoning ordinance"  means an ordinance that is adopted by the board of supervisors and that contains zoning regulations together with a map setting forth the precise boundaries of zoning districts within which the various zoning regulations are effective. 11. " Zoning regulations"  means provisions that govern the use of land or buildings,  or both,  the height and location of buildings,  the size of yards,  courts and open spaces,  the establishment of setback lines and such other matters as may otherwise be authorized under this chapter and that the board deems suitable and proper. 12. " Zoning regulations amendment"  means a change in the zoning ordinance that modifies,  adds to,  transfers or repeals one or more zoning regulations or that adds one or more zoning regulations.
AZ Rev Stat § 11-803 (2021)
2021 Arizona Revised Statutes|Title 11 - Counties|§ 11-803 - Consultants; employees; use of services by city or town

11-803.  Consultants;  employees;  use of services by city or town A. The board may contract with consultants for services as may be required,  employ those persons and provide monies as it deems necessary to carry on the work of the commission and the enforcement of this chapter. B. If a consultant or employees,  or both,  are provided to carry on county planning work as prescribed in this chapter,  the regularly appointed planning and zoning commission of an incorporated city or town within the county may request the services of the consultant or employees,  or both,  for consultation and advice,  including the preparation or review of comprehensive plans,  zoning ordinances and subdivision regulations within the boundaries of the incorporated city or town. The board,  if it deems it proper after consultation with the commission,  may make those services available as mutually agreed to by the board,  commission and the affected city or town.