Terms Used In Arizona Laws 48-6811

• Debt service: means the principal of, interest on and premium, if any, on the bonds, when due, whether at maturity or prior redemption and fees and costs of registrars, trustees, paying agents or other agents necessary to handle the bonds and the costs of credit enhancement or liquidity support. See Arizona Laws 48-6801
• Governing body: means the body or board that by law is constituted as the legislative department of the municipality, Indian tribe or community. See Arizona Laws 48-6801
• including: means not limited to and is not a term of exclusion. See Arizona Laws 1-215
• Infrastructure: means all improvements listed in this paragraph that will result in a beneficial use principally to land within the geographical limits of the district and may include a district's share of any improvements listed in this paragraph if the district board determines such share is proportionate to the beneficial use of such improvements to land within the geographical limits of the district, improvements within or outside the geographical limits of the district, necessary or incidental work, whether newly constructed, renovated or existing, and all necessary or desirable appurtenances. See Arizona Laws 48-6801
• Municipality: means an incorporated city or town and includes an Indian tribe or community. See Arizona Laws 48-6801