The commission, in the name of the state and with approval of the governor, may acquire by purchase, lease or gift, either for cash or upon installments, such lands or other property or interest therein as may be necessary for the purpose of carrying on a restoration project pursuant to an agreement entered into between the commission and the secretary.

Terms Used In Arizona Laws 17-404

  • Commission: means the Arizona game and fish commission. See Arizona Laws 17-101
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Property: includes both real and personal property. See Arizona Laws 1-215
  • Secretary: means the secretary of the interior of the United States, or any officer or agency of the United States authorized to administer the restoration acts. See Arizona Laws 17-401