2005 Arizona Revised Statutes - Revised Statutes §48-815  Dissolution of fire district; disposition of claims and fund balance

A. If a petition is filed with the governing body of the fire district containing the signatures of at least ten per cent of the qualified electors of the district, which asks for dissolution of the district, the governing body of the district shall call an election as provided in section 48-802 within the district to decide whether the district shall be dissolved. The words appearing upon the ballots shall be "dissolution of ________________ fire district -- yes", "dissolution of ___________________ fire district -- no".

B. The elected chief or the chairman of the district board shall execute a certificate, attested by the secretary-treasurer or the clerk of the district board, setting forth the results of the election of the district and within five days thereafter file it with the clerk of the board of supervisors. The board of supervisors at its next regular meeting shall make a written order reciting the facts of the certificate and if the district is dissolved list the unpaid valid claims against the district, which shall thereupon be paid by the county treasurer upon warrants drawn from the money available in the fire district fund. The order shall be signed and attested and the original thereof filed in the office of the county recorder, and recorded in the miscellaneous records.

C. Upon the recording thereof the fire district shall be abolished, and all money remaining in such fire district fund, after the payment of all valid claims against the district, shall be transferred to the general fund of the county, but if all of the fire district has been included within the corporate limits of a city or town, then, upon disbanding as provided by this section, the equipment, assets and liabilities of the district shall be transferred to such city or town.

D. Taxes shall continue to be levied as provided in section 48-806, subsection H on all the taxable property within the formal boundaries of the district to pay the principal or any interest on outstanding bonds of the district.