reglab/statecodes huggingface dataset:
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1726 - Appeal from final action of board on exclusion of lands; entry of final order of board

48-1726.
Appeal from final action of board on exclusion of lands;  entry of final order of board
A. Any person aggrieved by the final action of the board on a resolution of exclusion may file a written motion for reconsideration within ten days after adoption of the final resolution. Such person may appeal to the superior court of the county in which the lands are located within twenty days after consideration by the district board of the motion for reconsideration. The appeal shall consist of notice and a recital of the proceedings taken,  the facts and matters involved,  and the reasons why the appellant is aggrieved by the action of the board.
B. The appeal shall be tried before the superior court of the county. The superior court shall have jurisdiction to hear,  decide,  adjudicate and make any and all necessary orders and judgments in the premises as in civil actions. There shall be no further appeal from the final judgment of the superior court.
C. If a motion for reconsideration or an appeal is not taken within the time allowed,  the final resolution shall be filed for record in the office of the county recorder and in the office of the board of supervisors and the county treasurer of each county in which the excluded lands are located.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1727 - Effect of exclusion of lands on district property and organization; powers of board

48-1727.
Effect of exclusion of lands on district property and organization;  powers of board
A. Upon exclusion of any lands,  the board of directors may make such rearrangement or reapportionment of divisions within the district as the board deems advisable.
B. No exclusion of lands shall impair or affect the district organization or its property or rights therein,  or any other rights or privileges,  nor shall it affect,  impair or discharge any contract obligation,  lien or charge for or upon which it was or might become liable or chargeable had the exclusion of land not been made. Lands excluded by an order of the board shall not be liable for district contracts,  debts or obligations thereafter created;  however,  such excluded lands shall remain liable for all indebtedness incurred by the district while such excluded lands were included in the district.
C. No omission or informality in the proceedings for exclusion of lands shall invalidate such proceedings if the substantial rights of the parties affected were recognized and the proceedings were fairly conducted.
D. The board of directors may make any rules,  regulations,  resolutions and bylaws necessary in the proceedings.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1728 - Limitation on subsequent formation of new district

48-1728.
Limitation on subsequent formation of new district
A. The board of supervisors of a county in which any portion of a proposed district is located shall not permit the organization of said district if it includes any portion of the lands of another district organized under this chapter,  or of a territory served by a public service corporation,  electric cooperative,  agricultural improvement district or municipal corporation or allocated to a public service corporation,  electric cooperative,  agricultural improvement district or municipal corporation,  either by a certificate of convenience and necessity or a territorial agreement which has been approved by the Arizona corporation commission,  if said other district,  public service corporation,  electric cooperative,  agricultural improvement district or municipal corporation is providing,  or capable of providing,  power to said lands or territory for use primarily for pumping water for irrigation.
B. A district may nevertheless be organized if the other district,  public service corporation,  electric cooperative,  agricultural improvement district or municipal corporation consents thereto by action duly taken by its governing body,  or if said other district,  public service corporation,  electric cooperative,  agricultural improvement district or municipal corporation is not capable of adequately providing power to said lands or territory for use primarily for pumping water for irrigation.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1741 - Terms of directors; vacancies

48-1741.
Terms of directors;  vacancies
Directors elected to succeed the directors initially elected at the organizational election shall be elected for a term of three years. Directors shall hold office until their successors are elected and qualified. The board of directors may fill vacancies on the board,  but appointees shall hold office only until their successors are elected and qualified.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1742 - Annual election of directors; notice; qualifications of directors; voting place; expenses

48-1742.
Annual election of directors;  notice;  qualifications of directors;  voting place;  expenses
A. The annual election of directors shall be held on the second Saturday in January of each year.
B. Ten days' notice of the election shall be given by posting notices in the manner provided by section 48-1704,  and not less than three notices shall be posted in different public places in each county in which any part of the district is located.
C. Persons qualified to hold the office of director or vote at an election shall possess all the qualifications required of electors under section 48-1713.
D. The board of directors shall determine the place or places of voting,  and if more than one place of voting is designated,  the board shall divide the district into election precincts,  which may be changed from time to time. When such precincts are changed within ninety days before any election,  the notice of the next election shall contain an accurate description of the precincts as changed.
E. The election expenses shall be paid by the district.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1743 - Increase or reduction in number of members on board; election

48-1743.
Increase or reduction in number of members on board;  election
A. The board of directors may on its own initiative,  or shall,  if so requested by a petition signed by a number of qualified electors of the district equal to one third of the number of votes cast at the last preceding annual election,  submit to the electors at any annual election the question of reducing or increasing the number of members of the board. If the number of directors on the board is reduced,  the reduction shall be to five or three members,  and if increased,  the number shall remain an odd number,  but in no case less than three or more than fifteen.
B. When a change in the number of members of the board of directors is submitted,  at the same election at which the question is submitted there shall be elected the maximum members necessary to comply with the proposed change in number,  but those qualifying shall depend upon the result of the vote upon the proposition to change the number,  and in such contingencies shall be decided by lot in some method devised by the holdover members of the board.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1744 - Organization of board; officers; district office

48-1744.
Organization of board;  officers;  district office
A. The board of directors of the district shall organize each year by electing from among its membership a chairman,  a vice-chairman and a treasurer. The board shall elect a secretary who may or may not be a member of the board,  but his duties shall be clerical only if not a member of the board and he shall not sign or attest checks,  orders or legal papers of any kind. All instruments or papers requiring signatures shall be signed by the chairman of the board,  or in case of his absence or inability to act,  by the vice-chairman and attested by the secretary if a member,  and if not then by any member of the board,  but the board may authorize instruments or papers to be signed by any of the members in special cases.
B. The board may establish an office for the transaction of business at any place in the district,  or in any city or town in the county in which the organization proceedings were held.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1745 - Bonds and oath of directors

48-1745.
Bonds and oath of directors
A. Each member of the board of directors shall execute to the district a bond conditioned upon the faithful performance of his duties,  and that he account and deliver to the proper officers any money which comes into his possession.
B. The bond shall be in the amount of one thousand dollars,  shall be approved by the board of supervisors of the county in which the district was organized and shall be filed with the clerk of the board of directors.
C. Upon subscribing to an oath of office prepared on the bond a member shall be fully qualified to act as a director in transacting the business of the district.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1746 - Compensation of directors

48-1746.
Compensation of directors
The compensation of members of the board of directors shall be determined by the board,  but shall not exceed thirty dollars for each day or part of day devoted to the business of the district,  and such mileage and expenses as the board,  by resolution,  authorizes.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1747 - Administrative powers of board

48-1747.
Administrative powers of board
A. The board of directors shall manage and control the entire business of the district as expressed or implied by this chapter in the same manner and with the same powers as conferred by laws pertaining to similar districts.
B. The board may employ necessary engineers,  attorneys,  agents and employees,  prescribe their duties and compensation,  promulgate rules to govern employees and promote the lawful ends and business of the district.
C. The board shall adopt by-laws it deems expedient for governing its proceedings and for the conduct of the business of the district.
D. This section shall be liberally construed for the purpose of accomplishing the objects of the district.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1748 - Acquisition of tangible and intangible property; users in district dealing directly with suppliers

48-1748.
Acquisition of tangible and intangible property;  users in district dealing directly with suppliers
A. The board of directors may acquire for the benefit of the district personal and real property,  rights of way,  within or without the district,  franchises,  patents,  licenses,  easements,  privileges,  exemptions,  donations,  contracts,  leases of power or property,  contracts or other useful property,  right or thing whatever necessary or useful in the conduct of the business of the district.
B. The district may,  by original construction,  lease or other method,  hold,  own or operate hydraulic,  electric,  gas or other generating agencies or plants,  together with all other equipment,  construction or necessary instrumentality,  right or things deemed necessary or useful for the purpose of purchasing,  leasing,  generating or in any manner rendering the power service contemplated in organizing the district as provided or implied by this chapter,  including the leasing or purchasing of power within or without the district and making it available for use in the district.
C. The district may accomplish such purposes by purchase or lease for distribution to users or it may make any reasonable arrangement by which the users may procure power directly from the lessors or generators thereof. If such users deal directly with the persons supplying power,  the board may levy and collect a reasonable surcharge for the district to cover operating expenses or other general expenses of the district,  as defined in this chapter.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1749 - Right to use public ways; nature of use

48-1749.
Right to use public ways;  nature of use
A. Any district organized under this chapter shall have the use of and the right is expressly granted to it to use public highways,  roads,  streets and alleys,  within or without the district,  required to bring power into the district,  and such use shall include building transmission lines and laying conduits,  pipes or other construction necessary in conducting the business of the district. The use shall be under reasonable restrictions set forth by the board of supervisors of the county or governing body of the city or town in which the public ways are located.
B. Should a controversy over the use arise,  the dispute shall be submitted to and decided by the corporation commission,  but the right granted in this section shall be preserved to the district with necessary limitations only.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1751 - Restrictions on extension of power outside district; contracts with public bodies

48-1751.
Restrictions on extension of power outside district;  contracts with public bodies
A. Power for pumping for irrigation service shall not be extended outside the district unless there is a surplus of power over and above the needs for irrigation in the district,  but districts may make reasonable contracts with the state,  cities and towns,  municipal and other corporations or persons for cooperation in carrying out the construction and other plans for the organization of the district as provided by this chapter.
B. Districts may make such contracts as are reasonable taking into account the common needs of the district and users within the district.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1752 - Federal reclamation act adopted; adoption by districts optional

48-1752.
Federal reclamation act adopted;  adoption by districts optional
A. Districts organized under this chapter shall have all the rights and privileges granted to them by the act of Congress entitled " An act to promote the reclamation of arid lands,  approved August 11,  1916, "  and amendments thereto,  the provisions of which are made a part of this chapter.
B. Nothing in this chapter shall affect government lands or the federal government except as expressly authorized by federal act. The board of directors may institute proceedings for the purpose of securing the consent and official action of the secretary of the interior to make the federal act operative in the district.
C. Nothing in this section shall hinder or delay the district from going forward in its organization or in proceeding to carry out the plans contemplated by this chapter for its organization,  whether or not the benefits of the federal act are obtained. If the district decides not to take steps to secure the benefits of the federal act,  or,  making such effort,  fails in complying with federal requirements,  it shall be optional with the district whether to proceed with its activities with or without invoking the provisions of the federal act.
D. The board may at an annual election submit a report to the electors of the advantages and disadvantages of securing the benefits of the federal act,  and if a majority of the electors vote in favor of endeavoring to secure such benefits,  the board shall prosecute with reasonable diligence proceedings to secure approval of the secretary of the interior and do all other things necessary to invoke operation of the federal act in the district. The board shall submit such question at the next general election when so requested by ten per cent of the qualified electors of the district.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1753 - Exemption from antitrust statutes

48-1753.
Exemption from antitrust statutes
The provisions of title 44,  chapter 10,  article 1,  shall not apply to any conduct or activity of an electrical district organized pursuant to this chapter,  which conduct or activity is approved by a statute of this state or of the United States or by the corporation commission or an administrative agency of this state or of the United States having jurisdiction of the subject matter.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1754 - Supervisory powers of the director of water resources over district projects

48-1754.
Supervisory powers of the director of water resources over district projects
A. All engineering determinations and supervision provided for and directed by any law relating to electrical districts shall be made under the direction of the director of water resources,  and when so made shall be binding upon the state land department and the state certification board.
B. Upon the certification of an electrical district project,  the plans,  specifications and contracts therefor,  and any modification thereof,  shall be filed with the director of water resources. The works approved and authorized thereby shall be performed strictly in accordance with the plans,  specifications and contracts and any modifications thereof. The director of water resources in enforcing the provisions of this section shall have the same powers and duties as conferred upon him by title 45.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1771 - Expenses of organizing district; issuance of time warrants

48-1771.
Expenses of organizing district;  issuance of time warrants
A. All preliminary expenses incurred in the organization of the district,  including necessary engineering and legal services,  and all necessary and reasonable services rendered before the district is authorized to contract for such services,  materials or valuable things,  are lawful obligations of the district,  and after the board of directors has qualified shall be paid in such amounts as the board allows.
B. As soon as the board of directors has qualified,  it may issue warrants to pay district obligations and deliver them to persons having claims against the district. The board may issue time warrants and sell them for the purpose of obtaining funds to conduct the business of the district. The amount of time warrants issued to provide for administration expenses shall be made payable at such time as it appears reasonably probable they can be redeemed by funds derived from the levy of taxes against the property of the district.
C. The amount of warrants issued to provide for the general indebtedness of the district,  and for expenses incurred in the organization of the district,  shall be made due and payable at such time as it is reasonably probable that funds to redeem them will be realized from proceeds of the first sale of bonds.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1772 - Administration and general expenses defined; separate assessment and levy of taxes for each division of expense

48-1772.
Administration and general expenses defined;  separate assessment and levy of taxes for each division of expense
A. For purposes of this article,  " administration expenses"  includes:
1. The per diem allowance and expenses of the board of directors.
2. The salary and expenses of the secretary and assistant secretary of the district,  if any.
3. The salary and expenses of the treasurer of the district.
4. Compensation paid to similar officers or employees performing similar services or services ordered by the board,  including periodical examinations of the finances and affairs of the district.
5. Legal services rendered in conducting the business of the district.
B. Administration expenses may be assessed to and levied upon all taxable real and personal property in the district in the same manner and with the same effect as other property taxes are levied,  and shall be assessed and levied upon the assessed value of all the taxable property of the district as assessed for taxation for other purposes.
C. For purposes of this article,  " general expenses"  includes all expenses of the district other than administration expenses.
D. General expenses of the district shall be assessed against the real estate taxable in the district to be levied and collected on a per acre basis. In making assessments and levy of taxes to pay the general expenses of the district,  the board of supervisors of each county in which all or a part of the district is located shall make assessments and levy taxes to meet such expenses. The county assessor shall spread the assessments and levy on the tax rolls of the county in which any of the lands are located in the same manner as if every acre of land in the district was of the same assessed value,  whether improved or not,  thus charging every acre of land in the district with the same proportion of the general expenses of the district.
E. Improvements shall bear no part of the general expenses of the district.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1773 - Annual estimate of expenses of district; certificate of expense

48-1773.
Annual estimate of expenses of district;  certificate of expense
A. On or before June 1 each year,  the board of directors shall determine the amount of money necessary to conduct the business of the district on a cash basis until funds are available from the next tax levy. The board shall embody their findings in a certificate which may set out the items of administration expenses itemized substantially as follows:
1. The compensation and expenses of the board of directors.
2. The salary and expenses of the secretary,  the assistant secretary,  if any,  and the treasurer,  and the compensation and expenses of any other employees performing similar services.
3. The salary and expenses of the attorney for the district which shall include compensation paid for legal services as counsel to the board in the ordinary conduct of the business of the district,  but not compensation paid in connection with litigation in proceedings for issuance of bonds,  or other litigation,  which shall be chargeable to general expenses of the district.
B. If the board determines to provide administrative funds from the next tax levy,  the items listed in subsection A shall be certified to the board of supervisors as administration expenses to be paid by a tax levied upon the assessed value of all property in the district,  real and personal,  as assessed and taxed in the district for general county purposes.
C. The board of directors shall separately determine in the certificate the amount of money chargeable as general expenses of the district and necessary to conduct the business of the district on a cash basis until funds from the next tax levy are available. Such amount shall include all requirements of the district other than those enumerated as administration expenses and shall be plainly itemized.
D. The certificate shall contain an estimate of the amount necessary to provide a sinking fund for redemption of bonds and outstanding time warrants and to pay the current interest on bonds and time warrants,  new construction,  repairs on old property and construction,  payments on contracts,  leases,  litigation expense and expenses other than those chargeable to administration expense.
E. The certificate shall be filed with the board of supervisors of each county in which any part of the district is located not later than June 1 each year.
F. The certificate shall show the aggregate and total amount of all items to be paid from the tax levy and the amount to be paid by the lands in each county.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1774 - Service charges; amount; limitation

48-1774.
Service charges;  amount;  limitation
A. Beginning with the third year after issuance of any bonds,  the board of directors shall begin to levy a service charge over and above the cost of the power,  if purchased or leased by the district or by the users directly,  or the actual cost price if generated by the district,  and income received from such source shall be deposited in the general expense account of the district.
B. The service charge shall not be so high that it will materially impair the public service or constitute an unreasonable burden on the agricultural interests of the district,  but it may be increased or reduced from time to time in the public interests of the district.
C. The service charge shall at no time be more than enough to make the district self-sustaining,  taking into account reasonable needs for depreciation,  new construction and like requirements.
D. The service charges to users within the district shall be uniform and shall not be subject to the control or regulation of the corporation commission,  but service charges to users outside the district shall be subject to such control.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1775 - Taxes levied under federal law; apportionment; effect on inchoate titles

48-1775.
Taxes levied under federal law;  apportionment;  effect on inchoate titles
A. When and if the act of Congress of August 11,  1916 becomes operative in a district,  the board of directors in making the certificate to the boards of supervisors as provided by section 48-1773 shall certify the amount of taxes levied or assessed under the federal act and apportion the amounts to be collected by the several counties equitably therewith.
B. Nothing in this chapter shall reduce the amount of assessments on other lands assessable by reason of the failure to collect assessments on government or other lands to which title is not perfected. The board of directors shall make due allowance in the certificate for probable delay or failure to collect assessments.
C. When at any time the act of Congress approved August 11,  1916 becomes operative in the district,  the board of directors shall make all necessary regulations reasonably calculated to secure the collection of assessments levied upon federal lands held by entrymen,  and federal lands which may be assessed under federal law. The board of supervisors shall comply with the provisions of federal law in certifying the assessments to federal officials.
D. The board of directors may provide for notice of the levy to entrymen or others who have inchoate titles to state or government lands,  if deemed advisable,  and make and keep records thereof,  which shall be open to inspection of all taxpayers. In the absence of provisions for collection of levies of assessments,  such assessments upon such lands shall be liens on the lands or such interest therein as the law permits. Such liens shall be foreclosed in similar manner and by proceedings in the superior court in the county in which the lands are located in the manner provided for foreclosing mortgages. The penalties for delinquent assessments shall be in substantially the same amounts and terms and shall attach substantially at the same time as those of other taxes.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1776 - Collection of taxes; delinquent taxes

48-1776.
Collection of taxes;  delinquent taxes
A. A district shall have the same right as an individual to become a purchaser at any tax sale,  foreclosure or other sale of lands for nonpayment of assessments or taxes due the district,  and may as such purchaser pay a price which includes other taxes involved in the same sale when it is deemed necessary for protection of the interest of the district. The district may convey title thus acquired to the same extent as individual purchasers,  and may transfer the rights of filing and entry provided by the act of Congress of August 11,  1916.
B. All taxes and assessments levied as provided by this chapter shall become due and delinquent in the same manner as property taxes levied for general county purposes.
C. All taxes and assessments unless otherwise provided by this chapter shall be collected by such proceedings,  at the same times and with the same penalties as general county property taxes insofar as such provisions and proceedings can be substantially adopted for that purpose. This subsection shall be liberally construed to promote the purposes of the organization of electrical districts.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1791 - Initial general plan of works for district

48-1791.
Initial general plan of works for district
A. Immediately upon qualifying,  the first board of directors shall investigate the different ways by which power can be brought into or generated within or without the district in such a manner as to be efficiently distributed to the users for irrigation purposes. The board shall determine what kind of power is most efficient and economical and in what manner and by what means it can be secured.
B. For the purpose of bringing hydroelectric or other kind of power into the district,  if it can be more efficiently generated or procured at some point outside the district,  the board of directors may construct lines,  conduits and necessary equipment or other means of bringing such power into the district,  and such other construction,  plants and equipment as in the judgment of the board is necessary or useful for the purpose of generating or otherwise producing or procuring the power and making it available to the users of the district.
C. For the purpose of procuring power,  the district may undertake and complete all necessary or useful construction outside the district but it may not perform construction work for the purpose of delivering the power outside the district.
D. Having determined upon a general plan,  the board of directors shall determine from reliable estimates the character and amount of construction which the board has determined upon as necessary to carry out the general plan.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1792 - Determination of amount of initial bond issue

48-1792.
Determination of amount of initial bond issue
A. The board of directors in making estimates for the first bond issue shall determine the amount of the organization indebtedness and include it in the amount for which the first bonds are proposed to be issued. The board shall,  if it deems it advisable,  include in the amount for which the first bond issue is proposed the interest on the bonds for not more than the first three years after their issue.
B. The board shall upon the record propose the construction,  operations and expenditures without elaborating but stated in such detail as to give the electors a reasonable understanding of the proposed operations and expenditure of the district.
C. The board shall ascertain and determine from reliable estimates and investigation the cost of construction in such detail as they find necessary. Alternative propositions may be made as to details if necessary. This section shall be complied with in such manner as to give the electors a fair understanding of the proposed expenditures.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1793 - Bond election; notice; terms of bonds

48-1793.
Bond election;  notice;  terms of bonds
A. The board of directors,  upon complying with sections 48-1791 and 48-1792,  shall as soon as practicable call an election at which shall be submitted to the qualified electors of the district the question of issuing negotiable bonds of the district in an amount necessary to carry out the proposed general purposes of the district. The election must be held on the first Tuesday following the first Monday in November as prescribed by section 16-204,  subsection B,  paragraph 1,  subdivision (d). The bonds,  if voted,  shall be sold at such times and in such amounts as the board of directors deems advisable,  which shall be determined only approximately in the proceedings of the board,  and shall so state in the notice of election.
B. The bonds shall run for such length of time as the board of directors decides upon and submits to the electors,  but for not more than thirty years,  and may provide for optional or progressive maturity in the discretion of the board. Such facts shall be included in the notice of the election. The bonds shall bear interest payable semiannually at the rate or rates set by the accepted bid which shall not exceed the maximum rate set forth in the notice of the election. The bonds may be made payable any place in the United States that is agreeable to the board and the purchasers.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1794 - Notice of election; publication; appointment of election officers

48-1794.
Notice of election;  publication;  appointment of election officers
A. Notice of the election to vote upon the issuance of the bonds shall contain a general statement of the findings of the board of directors preliminary thereto and shall set forth the date of the election,  the hours during which the polls will be open which shall not be less than eight hours,  the place or places of voting,  the maximum amount of bonds sought to be authorized,  the maximum rate of interest to be borne on the bonds,  and such other matters as will give the electors and other interested parties a fair understanding of the proposition to be submitted and voted upon.
B. Notices of the election shall be posted at one public place in each township or part of township of each range or part of range,  according to the government survey of the lands in the district and,  in addition,  at least three notices shall be posted at different public places in each county in which any part of the district is located. Notice of the election shall also be published in one newspaper in each county in which any part of the district is located once a week for two weeks. The election shall be held not less than fifteen nor more than thirty days after posting the notices and not less than fifteen nor more than thirty days after commencement of the publications.
C. The board of directors shall name the election officers in conformity with the general election laws,  and shall provide an official ballot and other supplies for the election officers. If the election officers fail to appear for the performance of their duties thirty minutes before the hour of opening the polls,  the electors present may elect other qualified electors to fill such vacancies,  and it shall be the duty of such electors to do so if the appointed officers do not appear at the time set for opening the polls.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1795 - Returns of election; canvass of returns; issuance and sale of bonds

48-1795.
Returns of election;  canvass of returns;  issuance and sale of bonds
A. The election officers shall within two days after the election make returns of the vote to the board of directors. The board shall on the fifth day after the election meet at the voting place,  or if there is more than one voting place,  at the voting place most centrally located in the district,  and at two o'clock in the afternoon canvass the returns.
B. If it is found that a majority of the votes cast at the election favor issuance of the bonds,  the board shall proceed to issue and sell the bonds in conformity with the provisions of this article and section 35-457,  but no bonds shall be sold for less than eighty-five per cent of the face value thereof.
C. The board of directors may,  if no satisfactory bids are received at the time of opening the bids,  continue to negotiate for the sale of the bonds for sixty days,  and if not then sold the board may again advertise and offer the bonds for sale.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1796 - Authentication of bonds and coupons

48-1796.
Authentication of bonds and coupons
Bonds issued under this chapter shall be signed by the chairman of the board of directors and attested by the secretary of the board if a member of the board,  or if not,  by the treasurer of the board or some member of the board authorized to do so by resolution. The coupons may bear facsimile signatures of the officers signing the bonds.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1797 - Deposit of proceeds of bonds; bond of district treasurer; liability of directors

48-1797.
Deposit of proceeds of bonds;  bond of district treasurer;  liability of directors
A. The proceeds of the bonds shall be paid into the treasury of the district.
B. In each sale of bonds the treasurer of the district shall be required by the board of directors issuing the bonds to give an additional bond in an amount equal to the maximum of funds which will come into his hands as the result of the proposed sale of bonds whether it is for the whole or a part of the bonds authorized by the election,  and an additional bond shall be required if any subsequent sale or new issue increases the amount of funds coming into his possession as such treasurer in excess of the amount of the existing security therefor.
C. The amount of the bond of the treasurer shall at no time be less than three thousand dollars,  but the board shall from time to time adjust the amount of the bond in conformity with the intent of this section. Except in case of the sale of bonds or otherwise when the amount of funds to come into possession of the treasurer may be accurately determined,  the bond shall be not less than seventy-five per cent of the maximum funds which will,  in the judgment of the board,  probably come into his possession,  but the failure of the board to require such bond or the failure to give the bond when required shall not affect the validity of bonds issued or invalidate any other action of the district or its board of directors.
D. Failure to require the district treasurer to give bond as provided in this section,  or failure to use ordinary care in the acceptance of sureties,  if not a surety bond of a company authorized to give such bonds in this state,  shall render the board members jointly and severally liable to the district for losses occurring by reason thereof.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1798 - Bond retirement fund; investment of fund

48-1798.
Bond retirement fund;  investment of fund
A. Beginning with the third year after issuance of any bonds,  the board of directors shall include in the certificate provided for in section 48-1773 an amount sufficient to create a sinking fund that will pay the outstanding bonds when they become due. All probable income or increase of income from the sources referred to in section 48-1774 shall be taken into account in certifying the annual requirements of the sinking fund.
B. When the sinking fund amounts to five hundred dollars or any multiple thereof,  the monies in the fund may be loaned on farmlands at not more than thirty-five percent of their cash value,  but such loans shall mature not later than the bonds that the monies loaned were raised to pay.
C. In addition to subsection B of this section,  the board of directors may invest monies in the fund in:
1. Interest-bearing savings accounts or certificates of deposit in banks doing business in this state whose accounts are insured by the federal deposit insurance corporation,  but only if such deposits in excess of the insured amount are secured by the depository to the same extent and in the same manner as required by the general depository law of the state.
2. Interest-bearing savings accounts or certificates of deposit in savings and loan associations doing business in this state whose accounts are insured by the federal savings and loan insurance corporation,  but only if such deposits in excess of the insured amount are secured by the depository to the same extent and in the same manner as required by the general depository law of the state.
3. Deposits placed in accordance with the procedures prescribed in section 35-323.01.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1799 - Issuance of refunding bonds; terms of bonds

48-1799.
Issuance of refunding bonds;  terms of bonds
A. The board of directors of a district organized under this chapter may authorize and issue refunding bonds to refund the bonded indebtedness of the district when it deems it expedient to issue such bonds.
B. The board shall adopt a resolution,  and enter it upon its minutes,  stating briefly the principal facts for determining the necessity and advisability of issuing refunding bonds,  the amount of bonds to be issued,  the rate of interest on the bonds which shall not exceed the rate of interest on the original issue,  the date of the bonds,  the denomination thereof,  the maturity date which shall not be more than thirty years after the date on which the refunded issue matures,  and the places of payment,  within or without the state,  of the principal and interest.
C. The board may provide that the bonds be serial bonds payable in annual or periodical installments and may reserve the right to call for payment any part or all of the bonds on any interest payment date,  and if optional maturity is reserved by the board,  it shall be sufficient notice of the exercise of the option if the board enters on the minutes,  not less than thirty days before any interest paying date,  its determination to call specific bonds,  and publish notice thereof,  describing by number the bonds to be called,  in one issue of a daily or weekly newspaper published in the county in which the greater part of the district lies. The publication shall be completed at least thirty days before the call date and thereafter the bonds called shall cease to bear interest.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1800 - Execution of refunding bonds; interest; sale or exchange of bonds; payment

48-1800.
Execution of refunding bonds;  interest;  sale or exchange of bonds;  payment
A. The refunding bonds shall be negotiable in form and shall be signed by the chairman of the board of directors,  sealed with the seal of the district,  and attested by the district secretary.
B. Levy of taxes or service charges for repayment of the bonds shall be in the same manner as provided for the original issue. The interest shall be payable semiannually and shall be evidenced by semiannual interest coupons attached to the bonds bearing the facsimile signatures of the chairman and secretary of the board,  but without seal.
C. The refunding bonds may be exchanged in like amount for bonds to be refunded,  or they may be sold by the board of directors at not less than par and accrued interest and the proceeds applied to the purpose for which the bonds were issued. The board shall keep a record showing the date,  number,  amount and maturity of each bond,  the payments of principal and interest thereon and a record of its destruction when paid or retired. Bonds paid shall be burned or destroyed by the board.
D. The board shall have full power and authority in the issuance and sale of refunding bonds in all matters although not provided for in this chapter,  and shall make necessary provisions,  rules and regulations,  fix the times,  methods and procedures and take all necessary steps for the issuance,  sale and delivery of the bonds.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1811 - Financial powers of district; limitation; definition

48-1811.
Financial powers of district;  limitation;  definition
A. A district may finance any acquisition or expenditure authorized by this chapter with revenue bonds. A district may not finance with revenue bonds the acquisition by eminent domain of an existing electrical works or electrical facility of a municipality or public service corporation.
B. In this article unless the context otherwise requires,  " revenues"  means all income and profits received by a district from all sales of electrical power and energy to its customers,  all investment income received on that income and profits and on revenue bond proceeds but does not include any income or monies derived from taxes or assessments authorized by this chapter or the proceeds or investment income of any bonds issued as prescribed by article 4 of this chapter.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1812 - Revenue bonds

48-1812.
Revenue bonds
A. The district may borrow money and issue its revenue bonds for any lawful district purpose. The board of directors shall determine the maximum amount of bonds,  the maximum rate of interest and the time of payment of the bonds or any series of bonds. An election or referendum is not required for the issuance of bonds under this article.
B. The principal,  interest and premiums,  if any,  on those bonds are payable solely from revenues of the district that may be pledged by the district including monies received from the sale of services or from contracts of any kind. The district shall not issue a revenue bond for which taxes or assessments are levied on property located in the district and payment for a revenue bond is not enforceable out of any monies other than the revenues pledged to the payment of the bond.
C. Bonds may bear interest at rates that may fluctuate below a maximum interest rate established by the board of directors. The board of directors may designate a remarketing agent to set and reset those interest rates in accordance with an authorizing resolution or trust indenture adopted or entered into by the district. The district may contract for and purchase credit enhancement in the form of letters of credit,  surety bonds,  bond insurance policies,  bond purchase agreements and other contractual arrangements that provide credit for the bonds,  liquidity to the bondholders or credit facilities obtained in lieu of reserves.
D. Subject to the limitations of this article,  the district may do all things,  enter into all contracts and dispose of bond proceeds in the manner deemed necessary by its board of directors to accomplish the purpose for which the bonds are issued and to secure payment of the principal and interest on the bonds.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1813 - Terms, conditions and forms of bonds

48-1813.
Terms,  conditions and forms of bonds
A. A bond may be issued in one or more series,  bear a date or dates,  mature at a time or times,  be in a denomination or denominations,  be in a form,  carry a registration,  exchangeability and interchangeability privileges,  be executed in a manner,  be payable in a medium of payment and at a place or places,  within or without this state,  be subject to terms of redemption prior to maturity at times with or without premium,  be subject to terms of tender by the bondholder prior to maturity at those times,  be equally and ratably secured without priority or be entitled or subject to priorities on all or any portion of those revenues and receipts of the district and contain other terms,  conditions and covenants as the board provides.
B. A bond shall bear interest at a rate or rates and shall be payable at a time or times and in a manner as the board of directors determines.
C. A bond is fully negotiable within the meaning of and for all the purposes of the uniform commercial code,  subject only to any provisions for registration.
D. The board of directors may retain and pay a registrar,  paying agent,  transfer agent,  securities custodian,  depositary,  authenticating agent,  indexing agent,  remarketing agent and bond trustee to authenticate and administer the bonds and any collateral agreements. The board may make conditions and requirements respecting the bonds as it deems appropriate.
2023 Arizona Revised Statutes › Title 48 - Special Taxing Districts › § 48-1814 - Resolution and trust agreements; adoption

48-1814.
Resolution and trust agreements;  adoption
The board may provide that any series of bonds may 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 in this state. A resolution is effective on its adoption unless otherwise specified.