A. After executing a lease with a term of fifteen years or longer for the use or occupancy of real property or improvements that are located on a closed military facility with a runway that is at least eight thousand feet long at closing or after title to any part of a closed military facility with a runway that is at least eight thousand feet long at closing is transferred to this state or to another public or private entity, the governor, after consulting with the chief executive officer of the Arizona commerce authority, may designate the property as a military reuse zone. Only properties that were used for operational and training purposes of the active uniformed services of the United States qualify for consideration as a military reuse zone.

Terms Used In Arizona Laws 41-1531

  • Authority: means the Arizona commerce authority. See Arizona Laws 41-1501
  • Chief executive officer: means the chief executive officer of the authority. See Arizona Laws 41-1501
  • Joint resolution: A legislative measure which requires the approval of both chambers.
  • 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
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • United States: includes the District of Columbia and the territories. See Arizona Laws 1-215

B. The governor shall set a termination date for the military reuse zone that is not more than ten years after the date the zone is designated. During the last year before termination the governor may renew the military reuse zone for one term of ten years. Thereafter, the legislature and the governor by joint resolution may renew the military reuse zone for additional ten year terms.