Arizona Laws 28-7342
A cooperative agreement entered into under this article:
Terms Used In Arizona Laws 28-7342
- Department: means the department of transportation acting directly or through its duly authorized officers and agents. See Arizona Laws 28-101
- Director: means the director of the department of transportation. See Arizona Laws 28-101
- State: means a state of the United States and the District of Columbia. See Arizona Laws 28-101
- Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
- United States: includes the District of Columbia and the territories. See Arizona Laws 1-215
1. Shall provide that all monies advanced by this state in pursuance of the project shall be promptly reimbursed by the United States agency entering into the agreement to the extent of the agency’s participation in the cost of the project.
2. If the agreed participation of the United States agency is one hundred per cent of the cost or under other conditions as the director determines, may contain a provision that all of the agency’s participation cost shall be deposited, pursuant to sections 35-146 and 35-147, in advance in a special trust account.
3. If feasible, shall enumerate as closely as possible all items of costs and expenditures for which the United States agency is obligated to reimburse the department.