Arizona Laws 48-2463. Purposes for which revenue bonds may be issued
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After the organization of an agricultural improvement district, the board of directors may cause revenue bonds to be issued for any undertaking.
Terms Used In Arizona Laws 48-2463
- Bonds: means revenue bonds and includes notes where applicable. See Arizona Laws 48-2462
- District: means an agricultural improvement district. See Arizona Laws 48-2301
- 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. See Arizona Laws 48-2462