reglab/statecodes huggingface dataset:
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-2385 - Duties of election officers; time of election; form of ballots

48-2385.
Duties of election officers;  time of election;  form of ballots
A. The inspector shall be chairman of the election board and may administer all oaths required during the election,  and appoint judges and clerks if,  during the election,  any judge or clerk ceases to act. Any member of the board of election or clerk thereof may administer and certify oaths required to be administered during the election. The board of election for each precinct may,  before opening the polls,  appoint two persons to act as clerks of the election. Before opening the polls each member of the board and each clerk shall take and subscribe an oath to perform faithfully the duties imposed upon him by law. Any elector of the precinct may administer and certify to the oath.
B. The polls shall be opened at six o'clock in the morning and be kept open until seven o'clock in the afternoon on the day of election.
C. The provisions of the general election laws of the state prescribing the form of ballots to be used shall not apply to elections held under this article.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-2386 - Counting votes; election returns; recount

48-2386.
Counting votes;  election returns;  recount
A. When the board of election has counted the votes it shall make a certificate on each of the documents containing the poll list and tally lists,  or attached thereto,  stating the number of votes received by each person voted for at the election and designating the office for which each person was voted for. Such number shall be written in figures and words. Each certificate shall be signed by the clerk,  judge and inspector. One of the certificates with the poll list and one of the tally lists shall be retained by the inspector and preserved by him for at least six months.
B. The ballots shall be strung on a string by the inspector during the counting thereof in the order in which they are entered upon the tally lists by the clerks. The ballots,  together with the certificates,  poll list and tally list,  shall be sealed by the inspector in the presence of the judge and clerks,  and endorsed " election returns (naming the precinct,  if there is more than one precinct in the district) of election held in (name of district) agricultural improvement district the ____ day of _____,  19___"  and directed to the secretary of the board of directors,  and shall be immediately delivered by the inspector,  or by some other responsible carrier designated by the inspector,  to the secretary.
C. The ballots shall be kept unopened for at least six months,  but if any elector of the district is of the opinion that the vote of any precinct has not been correctly counted,  he may appear on the day appointed for the board of directors to open and canvass the returns,  and demand a count of the votes of the precinct in which it is claimed the vote was incorrectly counted.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-2387 - Applicability of general election laws

48-2387.
Applicability of general election laws
The conduct of the election,  including opening the polls,  voting,  closing the polls,  counting the ballots and making return of the election shall,  except as otherwise provided by this article,  be as nearly as practicable in accordance with the general election laws of the state.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-2388 - Canvass of election returns; declaration of result

48-2388.
Canvass of election returns;  declaration of result
A. A poll list,  tally list or certificate from an election held under the provisions of this article shall not be set aside or rejected for want of form if it can be satisfactorily understood.
B. The board of directors shall meet at the district office on the first Monday after the election to canvass the returns. If at the time of meeting the returns from each precinct in the district in which the polls were opened have been received,  the board of directors shall canvass the returns,  or if all the returns have not been received,  the canvass shall be postponed from day to day until the returns have been received,  or until six postponements have been granted. The canvass shall be made in public by opening the returns and determining from the tally lists the vote of the district for each person voted for. The board of directors shall thereupon declare the result of the election.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-2389 - Statement of results of election; certificate of election

48-2389.
Statement of results of election;  certificate of election
A. The secretary of the board of directors,  as soon as the result is declared,  shall enter in the minutes of the board a statement of the result,  which shall show:
1. The whole number of votes cast in the district and in each precinct thereof,  if there is more than one precinct.
2. The names of the persons voted for.
3. The office for which each person was voted for.
4. The number of votes cast in each precinct for each candidate.
5. The number of votes cast in each division for the office of director.
B. The board of directors shall declare elected the persons receiving the highest number of votes returned for each office. The secretary shall immediately make out and deliver to each person elected a certificate of election,  signed by him and authenticated with the seal of the district.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-2390 - Qualification of directors; bond; appointment to fill vacancy

48-2390.
Qualification of directors;  bond;  appointment to fill vacancy
A. Within ten days after receiving their respective certificates of election,  the president and each director shall qualify for his respective office by taking and subscribing the official oath and filing a bond as provided in this section.
B. The president and each director shall execute an official bond in the amount of one thousand dollars which shall be approved by the judge of the superior court of the county where the organization of the district was effected and recorded in the office of the county recorder of such county. The bond together with the official oath shall be filed with the secretary of the board of directors. All official bonds provided for by this article shall be in the form prescribed by law for the official bonds of county officers.
C. If a vacancy occurs in the office of president or director,  it shall be filled by majority vote of the remaining members of the board of directors. A president or director so appointed shall qualify within ten days after receiving notice of his appointment in the same manner as provided for directors elected to such office,  and shall hold office only until the next regular election of the district and until his successor is elected and qualified.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-2391 - Affidavit of electors

48-2391.
Affidavit of electors
A. Prior to voting in a district election an elector shall sign an affidavit that he has all of the qualifications of an elector,  as provided for in section 48-2309.
B. The district may impose reasonable standards and rules for the registration of voters,  the determination of voter qualifications,  the verification of voter qualifications and definition of family member as prescribed in section 48-2309. These requirements may include a requirement that a trust voter produce at or before the time of voting a document from the trustee or trustees appointing the person as the voter for the trust.
C. A voter is subject to challenge as prescribed in title 16,  chapter 4. If a trust voter is subjected to a challenge,  the trust voter may be required to produce documents as may be appropriate to prove the voter's qualifications,  including a certification of trust.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-2392 - Tie vote; primary and general election

48-2392.
Tie vote;  primary and general election
A. If,  at any election held as provided in this article,  there are two or more candidates who are tied for the highest number of votes cast for a single office,  then as to that office the election shall be considered to be a primary election for the nomination of candidates for that office,  and a second or general election shall be held not less than thirty days following the canvassing of election returns,  to vote for a candidate to fill that office. The candidates who were not elected at the first election and who were tied for the highest number of votes for the office at the first election shall be the only candidates at the second election.
B. The candidate who receives the highest number of votes at the second election held pursuant to subsection A shall be declared elected to such office.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-2411 - Annual estimate of district expenditures

48-2411.
Annual estimate of district expenditures
A. The board of directors shall,  on or before the first meeting of the board of supervisors in July each year,  furnish the board of supervisors and the assessor of the county in which the district is located,  or if the district is not entirely within the county,  then as otherwise provided by this article,  to the board of supervisors and assessor of each county in which any portion of the district is located,  an estimate in writing of the amount of money needed for the purposes of the district for the ensuing fiscal year.
B. The amount shall be sufficient to raise the annual interest on the outstanding bonds,  to pay the estimated cost of repair,  the incidental expenses of the district,  and in any year in which any bonds fall due,  an amount sufficient to pay the principal of the outstanding bonds as they mature.
C. If the revenues of the district are sufficient to discharge such obligations without the levy of a tax,  the district shall certify that fact to the board of supervisors,  and the filing of the budget shall not be required.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-2412 - Proportionate division of estimate if district lies in more than one county

48-2412.
Proportionate division of estimate if district lies in more than one county
If a district is located in more than one county,  the total estimate as provided for in section 48-2411 shall be divided by the board of directors in proportion to the value of the real property included within the district in each county. This value shall be determined from the equalized values of the last assessment rolls of such counties. When the division of the estimate has been made the board shall furnish to the boards of supervisors and county assessors of the respective counties a written statement of that part of the estimate apportioned to that county.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-2413 - Failure of district to provide estimate

48-2413.
Failure of district to provide estimate
If for any reason the board of directors fails to make and furnish the annual estimate of expenditures,  the board of supervisors of the county in which the district was organized shall,  at its first meeting in July thereafter,  or at any adjournment thereof,  prepare and furnish the budget and perform all acts required to be performed by the board of directors. The estimate prepared by the board of supervisors shall have the same force and effect and shall be acted upon in the same manner and with like effect as if it had been made by the board of directors.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-2414 - Computation of tax rate; levy

48-2414.
Computation of tax rate;  levy
A. The board of supervisors of each county in which a district or any part thereof is located shall annually,  at the time of levying county taxes,  levy a tax to be known as " (name of district) agricultural improvement district tax"  sufficient to raise the amount reported to the board in the estimate. The board of supervisors shall determine the rate of tax by dividing the total amount required to be raised,  plus fifteen per cent for anticipated delinquencies,  by the total number of acres included within the district.
B. The board of supervisors shall levy against each landowner in the district a tax equal to the unit rate multiplied by the number of acres owned,  and certified by the board of directors of the district to the board of supervisors. The board of directors,  in certifying the annual estimate to the board of supervisors,  shall include a list of landowners in the district and the number of acres owned by each.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-2415 - Entry of tax on roll; collection

48-2415.
Entry of tax on roll;  collection
A. The tax levied by the board of supervisors shall be computed and entered on the assessment roll by the county assessor. If the board of supervisors fails to levy the tax,  the assessor shall do so.
B. The tax shall be collected at the same time and in the same manner as general county property taxes,  and when collected shall be paid into the county treasury for the use of the district. The taxes imposed by this section shall be a lien upon the lands against which they are levied until paid,  and shall be subject to the same penalties and interest upon delinquent amounts as are general county property taxes.
C. The board of directors shall not provide irrigation,  drainage,  power or any other service to lands upon which a district tax is delinquent until the whole thereof with interest and penalties is paid.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-2416 - Applicability of state tax laws; duty of county officers

48-2416.
Applicability of state tax laws;  duty of county officers
The laws of the state prescribing the manner of levying and collecting taxes and the duties of the several county officers with respect thereto,  so far as applicable and not in conflict with this article,  shall apply to this article. County officers shall be liable upon their official bonds for the faithful discharge of the duties imposed upon them by this chapter.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-2417 - Payment of district taxes without paying other taxes

48-2417.
Payment of district taxes without paying other taxes
A. When a parcel of land located in an agricultural improvement district is assessed for district taxes,  the tax or any installment thereof may be paid separately and without at the same time paying other property taxes assessed and levied against the same property. The county treasurer shall receive payments of the tax and deliver to the person paying the tax a receipt therefor showing the name of the district,  a description of sufficient certainty to identify the property assessed for the tax,  the total amount of tax,  the amount paid and the name of the person paying the tax.
B. This section shall not be construed to permit the payment of any other tax without at the same time paying the district taxes assessed against the same property.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-2418 - Transmittal to district treasurer of monies collected by county treasurer

48-2418.
Transmittal to district treasurer of monies collected by county treasurer
The treasurer of each county in which an agricultural improvement district is wholly or in part located shall,  on or before the fifteenth day of each month,  pay to the treasurer of the district all monies of the district collected during the preceding month,  and shall take the receipt of the treasurer of the district therefor,  which shall constitute his discharge from any further liability for the monies or the application of the monies.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-2420 - Payment of interest coupons; redemption of unmatured bonds

48-2420.
Payment of interest coupons;  redemption of unmatured bonds
A. Upon presentation of matured interest coupons to the district treasurer,  he shall pay them from the bond fund.
B. When the bond fund amounts to ten thousand dollars in excess of the amount sufficient to meet the matured interest coupons,  the board of directors shall direct the district treasurer to pay such an amount of unmatured bonds of the district as the money in the bond fund will redeem,  at the lowest value at which they are offered for liquidation,  after advertising in the manner provided by section 48-2444 for sealed bids for the redemption of such bonds. The bids shall be opened by the board in open meeting at the time specified in the notice,  and the lowest bid for the bonds shall be accepted,  but no bond shall be redeemed at a rate above par. If the bids are equal,  the lowest numbered bond shall have preference.
C. If none of the holders of such bonds desires to have them redeemed,  the money shall be invested by the treasurer under direction of the board of directors in bonds of the United States or of the state. Such bonds shall be kept in the bond fund and may be used to redeem district bonds when the holders thereof so request,  either by exchanging them for bonds of the district or by converting them into cash and redeeming the bonds of the district.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-2422 - Payment of warrants; reports of district treasurer

48-2422.
Payment of warrants;  reports of district treasurer
A. The district treasurer shall disburse the money received from the county treasurer only upon warrants of the board of directors signed by the president and attested by the secretary.
B. The district treasurer shall report in writing at each regular meeting of the board of directors,  and at such other times as required by the board,  the amount of money in each of the funds,  the amount of receipts since his last report and the amount disbursed. The reports shall be verified and filed with the secretary.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-2423 - Annual financial report by board of directors

48-2423.
Annual financial report by board of directors
The board of directors shall,  on the first Tuesday in March each year,  make and immediately thereafter publish a verified statement of the financial condition of the district,  showing particularly the receipts and disbursements of the preceding year,  together with the source of the receipts and purpose of the disbursements. The publication shall be made in at least one issue of a newspaper published in the county in which the office of the board of directors is located.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-2441 - Purposes for which bonds may be issued

48-2441.
Purposes for which bonds may be issued
As soon as practicable after the organization of an agricultural improvement district,  or at any time thereafter when funds available have been exhausted and it is necessary to raise additional funds for such purposes,  the board of directors shall estimate and determine the amount of money necessary to be raised for the following purposes:
1. To acquire property or property rights necessary or useful for the district,  or for the construction,  enlargement,  extension,  improvement,  completion or renewal of any irrigation or flood control works,  structures and appliances necessary for the development,  storage,  regulation,  control or distribution of water for the irrigation of lands within the district,  for the drainage of lands in the district or for flood control purposes.
2. To construct power plants,  power transmission lines,  lines of communication and appliances incident thereto,  including rights-of-way,  property and property rights necessary therefor,  intended or designed for use in connection with the development,  storage,  regulation,  control and distribution of water for the irrigation of lands in the district,  or for the drainage thereof.
3. To provide,  under and by means of any contract,  agreement or arrangement authorized by this chapter,  for the development,  storage,  regulation,  control,  delivery and distribution of water for irrigation of lands within the district,  or drainage of water from such lands,  or for disposal of such drainage water,  or for the construction,  extension,  renewal,  replacement,  improvement,  enlargement,  maintenance,  operation and control of irrigation or drainage works within the district,  used or useful for the irrigation or drainage of any of the lands in the district,  whether or not such works are actually owned by the district.
4. To provide power or any means of communication for the use of owners or occupants of land within the district.
5. To reduce the cost of irrigation,  drainage and power to the owners of the lands in the district by the sale of surplus water or power produced,  owned or controlled by the district,  and the construction,  maintenance,  extension,  replacement,  financing and refinancing of the works useful for such purpose.
6. To finance or refinance as its own obligation all or any part of the debts incurred or proposed to be incurred by any public or private agency in the construction,  maintenance,  improvement or replacement of the structures and equipment necessary or useful for the accomplishment of any of the purposes set forth in this section.
7. To carry out the provisions of this chapter not otherwise provided by this section.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-2442 - Bond election; results

48-2442.
Bond election;  results
A. Upon determining the amount of money necessary to be raised for any or all of the purposes set forth in section 48-2441,  the board of directors shall immediately call an election at which shall be submitted to the electors of the district the question of whether or not the bonds of the district shall be issued in the amount so determined. The election must be held on the first Tuesday after the first Monday in November as prescribed by section 16-204,  subsection B,  paragraph 1,  subdivision (d).
B. Notice of the election shall be given by posting notice thereof in three public places in each election precinct of the district,  or if the district is not divided into divisions,  in three public places in the district,  for at least twenty days,  and by publication of the notice in a newspaper published in the county in which the office of the board of directors of the district is located,  once a week for at least two successive weeks. The notice shall specify the time of holding the election,  the amount of bonds proposed to be issued,  the maximum rate of interest to be borne on the bonds and the denominations thereof.
C. Except as otherwise provided,  the election shall be held and the results thereof determined and declared in all respects as nearly as practicable in conformity with the provisions of article 4 of this chapter governing the election of directors. No informality in conducting the election shall invalidate the election if it has been otherwise fairly conducted.
D. At the election the ballots shall contain the words " bonds   yes"  and " bonds   no."  If a majority of the votes cast at the election is " bonds   yes" ,  the board of directors shall cause the bonds to be issued. If a majority of the votes cast is " bonds   no, "  the result of the election shall be declared by the board of directors and entered on its record,  and at any time thereafter when a petition signed by one-fourth or more of the qualified electors of the district is presented to the board of directors,  the board shall record such presentation in its minutes,  and shall thereupon again submit such question to the electors of the district in the same manner and with like effect as at the previous election.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-2443 - Form of bonds; interest rate; record of sales

48-2443.
Form of bonds;  interest rate;  record of sales
A. All bonds issued under the provisions of this article shall be payable in legal currency of the United States and shall be payable within forty years from the date of the bonds,  but nothing in this section shall be construed to repeal the provisions of chapter 1,  article 5 of this title.
B. The bonds shall bear interest payable semiannually on January 1 and July 1 each year. The bonds may be made callable after five years from their date at a premium not to exceed three per cent of their face amount.
C. Subject to the provisions of subsections A and B the interest rate and the maturity or maturities of the bonds shall be fixed by the board of directors at the date or dates of the sale or sales or exchange of the bonds. The principal and interest shall be payable at the office of the district or at the office of the trustee of any such issue of bonds at the discretion of the board of directors of the district. The bonds shall be in denominations of not less than one hundred nor more than ten thousand dollars each,  shall be negotiable in form,  and signed by the president and secretary of the board of directors with the seal of the district affixed thereto. 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 bond and shall bear the facsimile signature of the secretary. The bonds shall express on their face that they were signed by the authority of this chapter,  and shall state the number of the issue of which the bonds are a part.
D. The secretary shall keep a record of the bonds sold,  their number,  date of sale,  the price received and the name of the purchaser or purchasers.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-2444 - Sale of bonds; notice

48-2444.
Sale of bonds;  notice
A. The board of directors may sell the bonds from time to time in such amounts as may be necessary and most advantageous to raise the money to carry out the purposes specified in section 48-2441,  or to carry out any of the objects and provisions of this chapter. Before making any sale the board shall declare by resolution its intention to sell a specified amount of the bonds,  shall fix the day,  hour and place of sale,  and shall cause the resolution to be entered in the minutes of the board.
B. Notice of the sale shall be given by publication thereof for at least ten 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 to the highest responsible bidder. 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 board may,  in its discretion,  reject any and all bids. None of the bonds shall be sold for less than ninety-five per cent of the par value thereof.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-2445 - Lien of bonds; payment of bonds

48-2445.
Lien of bonds;  payment of bonds
A. All bonds issued under the provisions of this chapter shall be a lien upon the real property included in the district,  and such bonds and the interest thereon shall be payable from the levy of taxes upon the real property included in the district. All the real property in the district shall be and remain liable to taxation for such payments,  but whenever any such bonds are additionally secured by a pledge of the income,  revenue and receipts of the district as provided in this chapter,  the board shall abate the levy of any tax herein required for the current year in which the income,  revenue and receipts to be received by the district,  or on hand for that purpose,  will be sufficient to make the principal and interest payments due upon such bonds.
B. This section shall not be construed as creating,  or intended to create,  any lien on or to authorize any tax against any state,  school or university lands included within a district.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.
2023 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.