Title 41 — State Government

A. Bonds issued under this article remain valid and binding obligations of the board notwithstanding that before the delivery of the bonds any of the persons whose signatures appear on the bonds cease to be members of the board. B. An amendment of any provision of this article do…

A. This article constitutes full authority for authorizing and issuing bonds without reference to any other law of this state. No other law with regard to authorizing or issuing obligations or that in any way impedes or restricts performing the acts authorized by this article may…

For the purposes of this article, "impact and revenues" means the revenues received by the school district pursuant to 20 United States Code sections 7701 through 7714.

A. On voter approval pursuant to section 15-491, a school district governing board may issue negotiable impact aid revenue bonds pursuant to this article. Bonds may be issued under this article in a total aggregate amount not to exceed three times the average of the school distri…

A. The governing board shall issue the bonds in the number and amount provided in the resolution. B. The bonds shall be sold at public or private sale at the price and on the terms prescribed in the resolution for at, above or below par. C. The proceeds of the sale of the bonds s…

A. If a school district issues impact aid revenue bonds under this article, the governing board shall establish: 1. An impact aid revenue bond building fund consisting of the net proceeds received from the sale of the bonds. The fund shall be a continuing fund that is not subject…

To secure the principal and interest on the impact aid revenue bonds, the school district governing board by resolution may: 1. Segregate the impact aid revenue bond debt service fund into one or more accounts and subaccounts and provide that bonds issued under this article may b…

A. If an impact aid revenue bond issue remains unsold for six months after being offered for sale, the governing board of the school district or any school district comprised wholly or partly of territory that was part of the school district at the time of issuing the bonds may c…

A. The impact aid revenue bonds shall be paid solely from monies distributed to the school district from impact aid revenues and other monies that are authorized by this article and that are credited to the school district's impact aid revenue bond debt service fund. B. The coun…

A. If monies in the impact aid revenue bond building fund are not required to be used for a period of ten days or more, the governing board may authorize their investment. B. The order directing an investment shall state a specified time when the proceeds from the sale of the bon…

A. The governing board may authorize the investment and reinvestment of any monies in the school district's impact aid revenue bond debt service fund. B. All monies earned as interest or otherwise derived from the investment of the monies in the impact aid revenue bond debt servi…

A. The monies in either the impact aid revenue bond building fund or debt service fund may be invested and reinvested at the direction of the school district governing board in any of the investments authorized by section 41-5761. B. The purchase of the securities shall be made b…

A. The governing board shall cause an annual audit to be made of the impact aid revenue bond building fund and the impact aid revenue bond debt service fund, including all accounts and subaccounts in the funds. A certified public accountant shall conduct the audit within ninety d…

A. Any pledge made under this article is valid and binding from the time when the pledge is made. B. The monies so pledged and received by the school district to be placed in the impact aid revenue bond debt service fund are immediately subject to the lien of the pledge without a…

A. Bonds issued under this article are fully negotiable within the meaning and for all purposes of the uniform commercial code, subject only to any provisions for registration, regardless of whether the bonds actually constitute negotiable instruments under the uniform commercial…

A. Bonds issued under this article remain valid and binding obligations of the school district notwithstanding that before the delivery of the bonds any of the persons whose signatures appear on the bonds cease to be officers of the school district. B. An amendment of any provisi…

A. This article constitutes full authority for authorizing and issuing bonds without reference to any other law of this state. No other law with regard to authorizing or issuing obligations or that in any way impedes or restricts performing the acts authorized by this article may…

In this article, unless the context otherwise requires: 1. "HVAC system" means the equipment, distribution network and terminals that provide, either collectively or individually, the process of heating, ventilation or air conditioning to a building. 2. "School activity hours" me…

A. When the board or the division approves the construction of a school building, the division shall conduct an environmental site assessment. The division shall consider site assessment standards in accordance with the American society for testing and materials standard E1527, s…

A. The credit enhancement eligibility board established by section 41-5852 shall establish an application process, application forms and selection criteria for a public school or charter school to qualify as an achievement district school for the purposes of article 11 of this ch…

In this article, unless the context otherwise requires: 1. "Achievement district school" means a public school or a charter school that has qualified as an achievement district school pursuant to article 10 of this chapter and that has submitted an application with the board purs…

A. The credit enhancement eligibility board is established consisting of the following members: 1. The governor or the governor's designee. 2. The state treasurer or the treasurer's designee. 3. The director of the department of administration or the director's designee. B. Membe…

A. The board is a body corporate and politic and may have an official seal that is judicially noticed. B. The board may: 1. Sue and be sued in its own name. 2. Contract and enter into agreements as necessary to carry out its responsibilities under this article. 3. Contract with e…

A. The Arizona public school credit enhancement fund is established consisting of: 1. Payments of program participation fees paid by schools that have participated in guaranteed financings pursuant to section 41-5855. 2. Repayments of monies of the fund that are used to make paym…

A. The Arizona public school credit enhancement program is established to assist achievement district schools in obtaining more favorable financing by guaranteeing the payment of principal and interest on guaranteed financings issued by or on behalf of achievement district school…

A. On any draw from the debt service reserve fund to pay principal or interest on a guaranteed financing, the bank trustee, paying agent or other fiduciary for the guaranteed financing shall deliver written notice of the draw to the board and to the state treasurer within ten bus…

A. The board may deliver nonnegotiable program funding obligations in one or more series in an aggregate principal amount of not more than $80,000,000. B. The board shall sell any program funding obligations prescribed in subsection A of this section to the state treasurer, and t…

1. A listing of all outstanding guaranteed financings approved by the board, including the following information for each financing: (a) The name of the public school or charter school by or on behalf of which the debt obligation was issued. (b) The date of the issuance. (c) The …

[Repealed or reserved.]

It is declared the policy of the legislature to provide for the restoration and conservation of lands and soil resources of the state, the preservation of water rights and the control and prevention of soil erosion, and thereby to conserve natural resources, conserve wildlife, pr…

In this chapter, unless the context otherwise requires: 1. "Agency of this state" includes the government of this state and any subdivision, agency or instrumentality, corporate or otherwise, of this state's government. 2. "Agricultural lands" means irrigated farm lands or dry fa…

A. The state natural resource conservation board is established consisting of the following members who are residents of this state: 1. Eight members who are from different geographic natural resource areas as defined by a statewide organization that represents all natural resour…

A. The board shall include in the board's annual budget request a sum of not more than $40,000 for each natural resource conservation district and soil and water conservation district and $60,000 for each natural resource conservation district that operates an education center fo…

A. The environmental special plate fund is established and is administered by the board consisting of monies received pursuant to section 28-2413. B. Subject to legislative appropriation, the board shall distribute $5,000 annually to each natural resource conservation district wi…

B. On notice from the board, the state treasurer shall invest and divest monies in the fund as provided by section 35-313, and monies earned from investment shall be credited to the fund. C. The board shall do all of the following: 1. Establish criteria for the use of monies in t…

Twenty-five or more owners of land, but not less than twenty percent of the owners of land lying within the limits of a proposed district, or if there are fewer than twenty-five owners of land in the proposed district, not less than twenty-five percent of all such owners, may pet…

A. Within ninety days after a petition has been accepted by the board, notice of a hearing shall be given by publication in at least two issues, at intervals of not less than six days, of a newspaper of general circulation within the area affected. If there is no such newspaper, …

A. If, after final hearing on a petition, the board determines on the facts presented and other relevant information that a district within the territory considered is in the public interest, the board shall record such determination and define the boundaries of the district. In …

A. Within a reasonable time after the board has recorded its determination that it is in the public interest that a district be organized, and has defined the boundaries thereof, the board shall hold a referendum within the proposed district on the question of the creation of the…

A. If not less than sixty-five percent of the landowners voting at the referendum and the owners of not less than fifty percent of the land, other than publicly owned, lying within the proposed district vote in favor of the creation thereof, the board shall declare the district o…

A. A district shall be organized and shall be a body corporate on taking the following steps: 1. The supervisors elected as provided in section 41-6035 shall present to the secretary of state an application, signed and acknowledged by each supervisor, setting forth: (a) That a pe…

A. Territory adjacent to an organized district may be included in the district on a petition signed by seventy-five percent of the owners of land, other than publicly owned land, within the territory proposed for addition filed with the district supervisors, requesting the inclus…

A. At any time after five years following the organization of a district, any twenty-five owners of land or not less than twenty percent of the owners of land lying within the boundaries of the district may file a petition with the board praying that the operations of the distric…

On the issuance of a certificate of dissolution as provided in section 41-6038, the ordinances and regulations theretofore in force within the district shall be of no further effect. Any contract theretofore entered into to which the district or supervisors are parties shall rema…

A. Petitions for a change in the boundaries of existing districts, or the combination of two or more existing districts may be filed with the state natural resource conservation board by a majority of supervisors of the board or boards of supervisors of the district or districts …

A. The governing body of a district shall consist of five supervisors, three of whom are to be elected and two appointed by the board from a list of nominees selected by the elected supervisors. Except as to the first supervisors, whose election and terms are prescribed in sectio…

A. At the first meeting of the supervisors following an election, they shall organize by electing a chairman and a vice chairman and such other officers as are deemed necessary from among their number to serve for the ensuing two years. B. If a vacancy occurs in the office of an …

A. The supervisors shall: 1. Provide for the keeping of a record of all policies, proceedings, resolutions, regulations and orders issued or adopted. 2. Furnish to the board copies of such ordinances, rules, regulations, orders, contracts, forms or other documents adopted or empl…

A. This state recognizes the special expertise of the districts in the fields of land, soil, water and natural resources management within the boundaries of the district. A district is empowered to: 1. Conduct surveys, investigations and research relating to the character of the …

A. This chapter does not affect existing water rights and does not in any manner contravene the provisions of title 37. B. No district or public body shall undertake or cooperate in the planning, construction, improvement or maintenance of any structure, dike or channel for the s…