2016 Arizona Revised Statutes
Title 48 - Special Taxing Districts
§ 48-6653 Construction account

AZ Rev Stat § 48-6653 (2016) What's This?

48-6653. Construction account

(Conditionally Rpld. Delayed Rpld.)

A. The district shall maintain a construction account in the general fund consisting of:

1. Monies received by the district from any source for the purpose of acquiring land for and funding the cost of constructing the regional attraction venue.

2. Proceeds of bonds issued by the district pursuant to article 4 of this chapter, which must be held in a segregated bond proceeds subaccount in the construction account.

B. The district may spend monies in the construction account for costs of any regional attraction venue purpose as defined in section 48-6671.

Disclaimer: These codes may not be the most recent version. Arizona may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.