reglab/statecodes huggingface dataset:
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-6285 - Characteristics of bonds; negotiability; obligation; legal investments; exemption from taxation

48-6285.
Characteristics of bonds;  negotiability;  obligation;  legal investments;  exemption from taxation
(Conditionally Rpld.)
A. Bonds issued under this article are fully negotiable within the meaning and for all purposes of the uniform commercial code,  subject only to any provisions for registration,  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,  except that the board of directors in its discretion may elect that the bonds,  their transfer and the income from those bonds be issued as taxable in this state.
C. Bonds issued under this article:
1. Are obligations of the district and are not general,  special or other obligations of this state or of the county or city establishing the district. The members of the board and persons who execute the bonds are not personally liable for payment of the bonds.
2. Are payable only according to their terms.
3. Do not constitute a debt of this state or of the county or city establishing the district.
4. Are not enforceable against this state and payment of the bonds is not 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 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 government obligations may properly and legally invest.
6. Are securities that may be deposited with public officers or bodies of this state and municipalities and political subdivisions of this state for purposes that require the deposit of government bonds or obligations.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-6286 - Effect of changing circumstances on bonds; agreement of state

48-6286.
Effect of changing circumstances on bonds;  agreement of state
(Conditionally Rpld.)
A. Bonds issued under this article remain valid and binding obligations of the district notwithstanding that before the delivery of the bonds any person whose signature appears on the bonds ceases to be an officer of the district.
B. An amendment of any provision in this chapter 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 holders of the bonds authorized by this article that this state will not limit,  alter or impair the rights vested in the district to receive the monies necessary 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,  as agent for this state,  may include this pledge and undertaking in its resolutions and indentures authorizing and securing its bonds.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-6287 - Validity of bonds; legal opinion

48-6287.
Validity of bonds;  legal opinion
(Conditionally Rpld.)
A. This article constitutes full authority for authorizing and issuing bonds without reference to any other law of this state. No other law 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 validity of bonds issued under this article does not depend on and is not affected by the legality of any proceeding relating to the acquisition,  construction,  improvement,  operation or maintenance of a multipurpose facility for which the bonds are issued.
C. The board may submit any bonds to be issued under this article to legal counsel after all proceedings for authorizing the bonds have been completed. On submission the counsel 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 the bonds when delivered and paid for will constitute binding and legal obligations of the district,  the counsel shall certify on the back of each bond,  in substance,  that it is issued according to the constitution and laws of this state and that the interest on the bonds will be exempt from state taxes as provided by law.
D. The bonds shall recite that they are regularly issued pursuant to this article. That recital,  together with the legal opinion under subsection C,  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 this state or the district.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-6401 - Findings; purpose

48-6401.
Findings;  purpose
A. The legislature finds that the upper San Pedro groundwater basin is a major source of water for the residents of Cochise county and for the personnel and operations of Fort Huachuca,  and that Fort Huachuca and the residents of the basin are dependent on the withdrawal of water from wells for their water supply for drinking and other purposes. The legislature finds that conserving and maintaining the groundwater supply by adoption of this chapter will protect and promote the public's health and safety by helping to ensure a more reliable water supply.
B. The legislature further finds that maintaining the mission of Fort Huachuca will strengthen our national defense and ensure and improve the public safety of the residents of this state,  and that the closure or significant reduction in the fort's mission would adversely impact the safety and security of the residents of this state and this nation. Because federal law requires consideration of certain water issues in evaluating the future of Fort Huachuca,  ensuring the water supply to Fort Huachuca and its surrounding communities will further protect the public's safety.
C. The purpose of this chapter is to allow for the formation of the upper San Pedro water district consisting of a portion of the upper San Pedro groundwater basin that includes Fort Huachuca,  the lands in the corporate limits of the cities of Sierra Vista and Tombstone and the town of Huachuca City and the portion of the city of Bisbee located in the upper San Pedro groundwater basin,  but not any lands in Santa Cruz county or Pima county and not including that portion of the city of Bisbee located in the Douglas groundwater basin,  and to provide the district with sufficient resources and authority to allow the district to achieve the goal prescribed in section 48-6403.
D. The upper San Pedro water district formed pursuant to this chapter is intended as a long-term,  legally binding body with perpetual authority that is specifically adapted to the geographical and hydrological requirements and needs of the area in the district. The district shall be established with a specific water resource goal appropriate to that area.
E. The legislature finds that the adequate water supply requirements in section 48-6411 are necessary to assist the district in achieving its management goal and to protect the public health and safety in the district.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-6402 - Definitions

48-6402.
Definitions
In this chapter,  unless the context otherwise requires:
1. " Board"  means the elected board of directors of the upper San Pedro water district formed pursuant to this chapter.
2. " County"  means the county in which the district is located.
3. " Department"  means the department of water resources.
4. " Director"  means the director of water resources.
5. " District"  means the upper San Pedro water district formed pursuant to this chapter.
6. " Municipal water delivery system"  means an entity that distributes or sells potable water primarily through a pipeline delivery system that is owned by either:
(a) A city or town incorporated or chartered under the constitution and laws of this state.
(b) A private entity that is regulated as a public service corporation by the corporation commission under a certificate of public convenience and necessity.
(c) A special taxing district established under chapter 4 or 6 of this title.
(d) An entity that is regulated as a water supply system by the department of environmental quality.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-6403 - Establishment of upper San Pedro water district; map; goal; decreed and appropriative water rights

48-6403.
Establishment of upper San Pedro water district;  map;  goal;  decreed and appropriative water rights
A. The upper San Pedro water district may be established by an election held pursuant to this article. If the district is established,  the lands in the district shall consist of the portion of the upper San Pedro groundwater basin delineated on the map that is dated April,  2007 and that is on file in the department. The district includes Fort Huachuca,  the lands in the corporate limits of the cities of Sierra Vista and Tombstone and the town of Huachuca City and the portion of the city of Bisbee located in the upper San Pedro groundwater basin,  but not any lands in Santa Cruz county or Pima county and not including that portion of the city of Bisbee located in the Douglas groundwater basin. If the district is established,  a true copy of the map shall be recorded in the office of the county recorder in the county. The map prescribed by this section shall not be modified without the approval of the legislature.
B. The purpose and goal of the district are to maintain the aquifer and base flow conditions needed to sustain the upper San Pedro river and to assist in meeting the water supply needs and water conservation requirements for Fort Huachuca and the communities within the district.
C. This chapter shall not be construed to affect decreed and appropriative water rights. This chapter shall not be construed to affect any of the following:
1. The definition of surface water in section 45-101.
2. Water subject to appropriation in section 45-141.
3. Any provision of title 45,  chapter 1,  article 9.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-6404 - District as municipal corporation; exemption from taxation; judicial review

48-6404.
District as municipal corporation;  exemption from taxation;  judicial review
A. The district is a public improvement district of this state and a municipal corporation to the extent of the powers,  privileges and immunities conferred by this chapter or granted generally to municipal corporations by the constitution and statutes of this state,  including the immunities and exemptions provided by article XIII,  section 7,  Constitution of Arizona,  except as specifically limited by this chapter.
B. The district is regarded as performing a governmental function in carrying out the purposes of this chapter and is not required to pay taxes or assessments on any of the property acquired or constructed,  on the activities of the district in maintaining and caring for the real property or on the monies derived from the property.
C. Decisions of the board of directors under this chapter are subject to judicial review only to the same extent and in the same manner as decisions of other special taxing districts under this title.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-6405 - Board; members; terms; compensation

48-6405.
Board;  members;  terms;  compensation
A. Beginning thirty days after the date on which the board of directors is elected,  the district shall be administered by a board of directors of seven persons who shall be qualified electors of the district.
B. A board of directors shall be elected as prescribed in this section. After the election and qualification of the first directors,  the directors shall meet and divide themselves by lot into two classes as nearly equal in number as possible. Directors of the first class shall serve for a term of four years and directors of the second class shall serve for a term of two years. At each statewide general election thereafter,  one director for each expired term shall be elected and shall hold office for a term of four years and until the director's successor is elected and qualified. Board members may be reelected.
C. A candidate for election to the board shall be nominated by a petition that is signed by at least two hundred qualified electors of the district and filed with the clerk of the board of supervisors or the elections officer of that county as prescribed by title 16,  chapter 3.
D. Only qualified electors of the district shall vote at an election for directors.
E. A vacancy on the board shall be filled by appointment by the county board of supervisors to fill the unexpired portion of the term of office.
F. A person who is appointed as a director pursuant to this section is fully vested with the powers and duties of the office as if elected to that office,  unless otherwise provided in this chapter.
G. Board members are not eligible to receive compensation but are eligible for reimbursement of actual and necessary expenses while engaged in official business under order of the board.
H. The board shall select a chairperson,  vice-chairperson and secretary-treasurer.
I. Each board member shall qualify by taking and subscribing an official oath of office as prescribed by title 38.
J. Members of the board are public officers and are subject to all laws applicable to public officers. The provisions of title 38,  chapter 3,  article 8,  relating to conflict of interest,  apply to all board members,  officers and employees of the district.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-6406 - Formation election; tax authorization; election of board members

48-6406.
Formation election;  tax authorization;  election of board members
A. The county board of supervisors of a county in which the upper San Pedro water district is authorized pursuant to section 48-6403,  on request of the organizing board of the district appointed pursuant to section 48-6416,  may submit to a vote of the qualified electors of the proposed district the issue of formation of the district and election of members of the board of directors. On request of the organizing board of the district,  the board of supervisors may submit to a vote of the qualified electors as a separate question or at a separate election the issue of authority for the district to levy a transaction privilege tax. On request of the organizing board,  the board of supervisors may either order and call a special district-wide election for those purposes or place the issues on the ballot at a general election.
B. If a majority of those voting on the question of formation approve the formation of the district,  the district shall be formed. If the majority of those voting on the question of the tax levy approve the authority for the district to levy a transaction privilege tax,  the district may levy a transaction privilege tax as prescribed in section 48-6432. If the district's formation is approved and the question of the authority to levy the tax is not submitted to or not approved by a vote of the qualified electors,  the district shall not levy a transaction privilege tax unless authority for the levy is subsequently approved by a vote of the qualified electors of the district as a separate and subsequent ballot question.
C. At the same election held pursuant to subsection A of this section,  the qualified electors of the district shall additionally elect a board of directors for the district as prescribed in section 48-6405,  whose members shall serve only if the district's formation is approved at that election.
D. If a transaction privilege tax is approved,  the board of directors shall set the transaction privilege tax rate in an amount determined proper by the board,  based on the activities and projects of the district and within the limits prescribed in section 48-6432.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-6407 - Board meetings; notice

48-6407.
Board meetings;  notice
A. The board shall hold regular meetings every calendar quarter and additional meetings on the call of the chairperson or a majority of the members of the board. The secretary-treasurer shall give at least three days' notice of each meeting to each member of the board in addition to the public notices required by law.
B. The district is a public body for the purposes of title 38,  chapter 3,  article 3.1 relating to open meetings.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-6409 - Water development and management; technical assistance and review by director of water resources

48-6409.
Water development and management;  technical assistance and review by director of water resources
A. For purposes of achieving the goal of the district as described in section 48-6403,  the district through its board shall do the following consistent with section 48-6410:
1. Modify the district's comprehensive plan at least every ten years to include measurable objectives to be met within ten years after the modification and to make any additional changes the board determines are necessary to achieve the goal of the district. The district shall consult with the director of water resources when developing the modifications to the plan.
2. Develop and implement,  or enter into contracts,  intergovernmental agreements or memoranda of understanding for,  water conservation,  reuse,  recharge and augmentation programs to meet the goal of the district and the measurable objectives in the district's comprehensive plan.
3. Consult with,  advise and cooperate with the director of water resources with respect to actions taken by the director that affect the water supply in the district,  including the adoption of rules applicable to water use in the district.
B. The director may provide technical assistance to the board in carrying out its duties under this section and shall review and comment on any proposed modifications to the district's comprehensive plan.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-6410 - Limitation on powers

48-6410.
Limitation on powers
The board and the district shall not do any of the following:
1. Engage in the retail sale of potable water to customers in the district.
2. Require the use of a water measuring device for any well in the district,  except as a condition in a contract with the district.
3. Impose mandatory conservation requirements on persons in the district.
4. Regulate the acquisition,  use or disposal of water or rights to water in the district.
5. Regulate the division of lands into unsubdivided lands as defined in section 32-2101 or into five or fewer parcels of land that do not qualify as subdivided lands as defined in section 32-2101.
6. Exercise any right of eminent domain.
7. Engage in the regulation or zoning of subdivided lands as defined in section 32-2101.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-6412 - Exemption from adequate water supply requirements based on substantial capital investment; application; criteria; expiration

48-6412.
Exemption from adequate water supply requirements based on substantial capital investment;  application;  criteria;  expiration
A. If the director determines pursuant to sections 45-108 and 45-108.04 that an adequate water supply does not exist for a proposed subdivision in the district,  the subdivider may apply to the director for an exemption from the water adequacy requirements in section 48-6411,  subsections A and B on a form prescribed by the director within one year after the date the district is established. The director shall grant the exemption if the subdivider demonstrates to the satisfaction of the director that all of the following apply:
1. The subdivider has made substantial capital investment toward the construction of the proposed subdivision before the date the district was established. For the purposes of this paragraph,  substantial capital investment may include construction costs,  site preparation costs,  construction of off-site improvements and conversion or remodeling costs for existing structures,  as well as planning and design costs associated with those items,  but does not include the original cost of acquiring the property.
2. The subdivider was not aware of the proposed requirement for an adequate water supply at the time the investment was made.
3. The proposed subdivision complied in all other respects with existing state laws as of the date the district was established.
B. If the director grants an exemption pursuant to this section:
1. The exemption expires five years after the date the exemption is granted unless,  before that date,  at least one lot in the subdivision is sold to a bona fide purchaser or the director extends the exemption pursuant to paragraph 2 of this subsection.
2. The director may extend the period of the exemption for not more than two successive five-year periods if the subdivider applies for an extension before the exemption expires and demonstrates to the satisfaction of the director that the subdivider has made material progress in developing the subdivision,  but that sales of parcels in the subdivision have been delayed for reasons outside the control of the subdivider.
C. If an exemption granted under this section expires,  any public report issued for the subdivision by the state real estate commissioner pursuant to section 32-2183 expires and the subdivider shall not sell any lots in the subdivision unless both of the following apply:
1. The subdivider files with the state real estate commissioner a new notice of intention to subdivide lands pursuant to section 32-2181 and complies with section 48-6411.
2. The state real estate commissioner issues a new public report for the subdivision pursuant to section 32-2183.
D. Section 45-114,  subsections A and B govern administrative proceedings,  rehearing or review and judicial review of final decisions of the director under this section.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-6413 - Exemption from adequate water supply requirements based on an adequate water supply within twenty years; criteria; application

48-6413.
Exemption from adequate water supply requirements based on an adequate water supply within twenty years;  criteria;  application
A. A subdivider may apply to the director for an exemption from the water adequacy requirements in section 48-6411,  subsections A and B pursuant to this section on a form prescribed by the director. The director shall grant the exemption if the subdivider demonstrates to the satisfaction of the director that the subdivision will be served by a water supply project to which both of the following apply:
1. The subdivider has demonstrated financial capability pursuant to section 45-108.04,  but the water supply project will not be capable of serving the subdivision with sufficient water to meet its demands in a timely manner because of one of the following:
(a) The physical works for delivering water to the subdivision are not complete but are under construction and will be completed within twenty years.
(b) The subdivision will be served Colorado river water by a water provider that does not currently have the legal right to serve the water to the subdivision,  but the water provider has an existing permanent contract for the Colorado river water and will have the legal right to serve the water to the subdivision within twenty years.
2. The subdivision will have an adequate water supply when the construction of the physical works is completed or the water supply is legally available to serve the subdivision,  whichever applies,  and the interim water supply that will serve the subdivision meets all of the criteria for an adequate water supply under section 45-108.04 except that the interim water supply will not be available for one hundred years.
B. Section 45-114,  subsections A and B govern administrative proceedings,  rehearing or review and judicial review of final decisions of the director under this section.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-6414 - Inapplicability of other adequate water supply provisions to proposed subdivisions in the district

48-6414.
Inapplicability of other adequate water supply provisions to proposed subdivisions in the district
Section 9-463.01,  subsections J through Q,  section 11-823,  section 32-2181,  subsection F,  section 32-2183,  subsection H,  section 32-2197.08,  subsection E,  section 45-108,  subsection H,  section 45-108.01,  section 45-108.02 and section 45-108.03 do not apply to proposed subdivisions in the district.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-6415 - District and municipal water delivery systems in the district eligible to receive financial assistance from water supply development revolving fund

48-6415.
District and municipal water delivery systems in the district eligible to receive financial assistance from water supply development revolving fund
The district is deemed to be a water provider for the purposes of title 49,  chapter 8. The district and municipal water delivery systems serving water in the district are eligible to apply for and receive financial assistance from monies in the water supply development revolving fund established under section 49-1271.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-6431 - Financial authority of district

48-6431.
Financial authority of district
The district may generate monies for the benefit of the district by any of the following:
1. The transaction privilege tax levied pursuant to section 48-6432.
2. The sale of water or water rights that are owned by the district.
3. User fees for services provided by the district and that are agreed to by those users.
4. Revenue bonds sold by and debt repaid to the district.
5. The receipt of gifts,  grants and donations received from any public or private source.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-6434 - Administrative and operations budgets; annual statement and audit

48-6434.
Administrative and operations budgets;  annual statement and audit
A. On or before July 1 of each year,  the district shall adopt an administrative budget for the next fiscal year. The budget shall consist of a complete statement of administrative expenditures from all monies during the past fiscal year and an estimate of the different amounts that may be deemed necessary to meet administrative requirements of the district for the next fiscal year,  fixing the amounts proposed for all recurring items of expense and an amount for contingencies or emergencies. No administrative expenditures may be made in excess of the total amount of the budget. Economies resulting in remaining balances for any fiscal year shall be available for subsequent administrative or operating purposes.
B. The district shall also prepare an operation budget for each fiscal year covering operations and including capital items. The budget shall consist of a full and complete statement of all incoming receipts and expenditures for the past fiscal year and an estimate of anticipated income and expenditures for the next fiscal year. The budget shall also give a complete asset and liability statement and statement of all bond obligations,  together with an itemized statement of cash on hand,  commitments,  reserves and obligations anticipated for the next fiscal year,  together with such other information to provide a full and complete disclosure of the current financial condition of the district.
C. On or before December 1 of each year,  the board shall make a verified statement of the financial condition of the district as of June 30 of the preceding fiscal year,  showing particularly the receipts and disbursements during the fiscal year and the source of the receipts and the purpose of the disbursements.
D. Within ninety days after the close of each fiscal year,  the district shall cause an audit to be made of the monies of the district by a certified public accountant. The board shall file a copy of the audit with the auditor general. The auditor general may make such further audits and examinations as the auditor general deems necessary and may take appropriate action relating to the audit pursuant to title 41,  chapter 7,  article 10.1. If the auditor general takes no official action within thirty days after the audit is filed,  the audit is deemed sufficient. The board shall pay any fees and costs of the certified public accountant and auditor general under this section from the general fund of the district.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-6435 - Annual report

48-6435.
Annual report
A. The district shall make and submit to the president of the senate and the speaker of the house of representatives on or before December 1 of each year a report containing a full and complete description of all actions taken by the district during the preceding fiscal year to meet the measurable objectives included in the district's comprehensive plan,  including all of the following:
1. The amount and type of water used by the district during the year for each recharge,  augmentation or other project implemented by the district during the year.
2. A description of all projects implemented or partially implemented during the year.
3. A description of all permits applied for or received by the district during the year.
4. A description of all programs adopted by the district during the year.
5. A description of the district's finances.
6. Progress made by the district during the year toward achieving the district's goal as described in section 48-6403,  subsection B and the measurable objectives for achieving the goal as adopted in the district's most recent comprehensive plan.
B. The district shall provide a copy of the report to the director of the Arizona state library,  archives and public records.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-6436 - Special audit; report

48-6436.
Special audit;  report
A. The auditor general shall perform a special audit of the upper San Pedro water district that covers the first five years of the district's operation and the operation of the district's organizing board. The audit is due and shall be completed within six months after the close of the district's fifth fiscal year.
B. The special audit shall examine the financing of the district,  its revenues and expenditures and its level of performance in reaching its water management goal.
C. The auditor general shall submit its report of the special audit to the speaker of the house of representatives,  the president of the senate and the governor and shall provide a copy to the director of the Arizona state library,  archives and public records.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-6802 - Resolution of intent; eligible participants; district board

48-6802.
Resolution of intent;  eligible participants;  district board
A. If the public convenience and necessity require,  and on presentation of a petition signed by the owners of at least fifty-one per cent of the net assessed value of the property proposed to be included in the district and a petition signed by at least fifty-one per cent of the property owners in the area proposed to be included in the district,  the governing body of one or more municipalities may adopt a resolution declaring its intention to form a district to include property within the corporate boundaries of the district. The resolution shall state the following:
1. The area or areas to be included in the district.
2. The purposes for which the district is to be formed.
3. That a general plan for the district is on file with the clerk.
4. The date,  time and place of the hearing to be held on the formation of the district.
5. The place where written objections to the formation of the district may be filed.
6. That formation of the district may result in the levy of taxes or assessments to pay the costs of improvements constructed by the district and for their operation and maintenance.
7. A reference to this article.
8. That the district will be governed by directors chosen pursuant to this article.
B. Before adopting a resolution under this section,  a general plan for the district shall be filed with the clerk setting out a general description of the improvements for which the district is proposed to be formed and the areas to be improved.
C. The district shall be governed by an initial district board appointed by the governing body of each participating entity as follows:
1. If one municipality is participating in the district,  the governing body of that municipality shall appoint three persons to serve on the initial board of directors. The three directors shall own real property in the district.
2. If two municipalities are participating in the district,  the governing body of each municipality shall each appoint one person to serve on the initial board of directors and those two initial board members shall name a third member. The three directors shall own real property in the district. If three or more municipalities are participating in the district,  the municipalities shall agree on how to appoint three directors who own real property in the district.
D. The initial board of directors shall serve a term of one year. Subsequent members of the board of directors shall be real property owners in the district who shall be elected at large by the real property owners in the district as shown on the property tax assessment roll who are qualified to vote pursuant to section 48-6818. The board of directors shall develop bylaws for the operation of the district. Subsequent members of the board of directors shall serve a term of four years.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-6803 - Notice

48-6803.
Notice
A. The clerk shall execute a notice,  which shall read substantially as follows:
To whom it may concern:
The governing body of the city of __________,  on (Date) ,  adopted the attached resolution declaring its intention to form a tax levying revitalization 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 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 shall also publish a copy of the notice and resolution at least once in the official newspaper of the municipality,  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 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 shall obtain an affidavit from the newspaper in which the publication was made. The clerk shall cause both affidavits to be placed in the official records of the municipality. 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 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 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.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-6804 - Hearing on objections

48-6804.
Hearing on objections
A. Any person claiming an interest in real property that the resolution discloses is situated in the district or any qualified elector of the district may file a written objection with the clerk before 5:00 p.m. on the business day preceding the date and time set for the hearing. 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.
C. Testimony at the hearing need not be under oath,  unless requested by any owner or qualified elector or required by the governing board. Requests by owners or qualified electors that the testimony be under oath must be made in writing and be filed with,  or served on,  the clerk before the hearing begins or the request is deemed waived.
D. 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.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-6805 - Resolution forming district

48-6805.
Resolution forming district
After the hearing,  the governing body of each entity forming the district may adopt a resolution forming the district,  deleting any property determined not to be benefited by the district or modifying the general plan and then forming the district or determining that the district not be formed. A resolution forming the district shall state the names of the initial directors and the terms of office of each.