United States — Arizona
ARS § 9-514
1 provisions
A municipal corporation must get voter approval before it constructs, buys, acquires, or leases utility plant or property, unless an exception applies.
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United States — Arizona
ARS § 9-515
1 provisions
A municipal corporation served by a public utility franchise must first buy and take over the utility’s property and plant before building or acquiring related facilities; payment of fair valuation is due within 18 months after valuation is determined.
Act or statute Open & ChatUnited States — Arizona
ARS § 9-516
1 provisions
Cities and towns are restricted from starting or continuing competing utility service in certain areas, and the corporation commission is limited in issuing new utility certificates there.
Act or statute Open & ChatUnited States — Arizona
ARS § 9-517
1 provisions
A municipal corporation does not have to purchase or take over a public utility’s property or plant if the utility operating under an existing franchise wilfully and persistently violates the franchise.
Act or statute Open & ChatUnited States — Arizona
ARS § 9-518
1 provisions
This section sets the procedure for a city or town taking a public utility and paying compensation for it.
Act or statute Open & ChatUnited States — Arizona
ARS § 9-519
1 provisions
A municipal corporation may not operate as a passenger common carrier on a route or in territory that is already adequately served by a lawful passenger common carrier.
Act or statute Open & ChatUnited States — Arizona
ARS § 9-521
1 provisions
This section defines several terms used in the article, including bond, governing body, municipality, tax secured bond, and utility undertaking.
Act or statute Open & ChatUnited States — Arizona
ARS § 9-521.01
1 provisions
This section defines “utility undertaking” to include recreational facilities and defines recreational facilities to include swimming pools, parks, playgrounds, municipal golf courses, and ball parks.
Act or statute Open & ChatUnited States — Arizona
ARS § 9-522
1 provisions
A municipality may perform utility-project work and issue bonds to fund it, and it may pledge utility revenues or, for tax-secured bonds, its full faith and credit.
Act or statute Open & ChatUnited States — Arizona
ARS § 9-523
1 provisions
Bond questions must be put to the municipality’s qualified electors, and bonds cannot be issued unless a majority of voting qualified electors assent at the election.
Act or statute Open & ChatUnited States — Arizona
ARS § 9-524
1 provisions
The governing body must call an election on issuing bonds, and the election order must include specific bond and election details and be published or posted on a set schedule.
Act or statute Open & ChatUnited States — Arizona
ARS § 9-525
1 provisions
The governing body may require voters to register, and if it does, the election resolution must set the registration dates, times, and places.
Act or statute Open & ChatUnited States — Arizona
ARS § 9-526
1 provisions
Ballots for the election must include the phrases “for the bonds” and “against the bonds,” and voters must mark an X in the square next to their choice.
Act or statute Open & ChatUnited States — Arizona
ARS § 9-527
1 provisions
The governing body must canvass the election returns and declare the result. If a majority of qualified electors voting assent to issuing the bonds, the governing body must provide for their issuance.
Act or statute Open & ChatUnited States — Arizona
ARS § 9-528
1 provisions
Election registration and election procedures, poll lists, returns, result declaration, and related acts must follow the procedure provided by law for registration and qualification of electors and for bond-election procedures, unless this article provides otherwise.
Act or statute Open & ChatUnited States — Arizona
ARS § 9-529
1 provisions
This section lets municipalities and their governing bodies set bond sale terms, interest features, and bidding procedures, but it also imposes specific notice, maturity, and discount limits.
Act or statute Open & ChatUnited States — Arizona
ARS § 9-530
1 provisions
The municipality’s governing body must set and update service charges so the utility stays self-supporting, and it must use a bond interest rate within the stated limits.
Act or statute Open & ChatUnited States — Arizona
ARS § 9-531
1 provisions
A bond-resolution under this article may include covenants about how bond proceeds and utility revenues are used, additional bonds, operation and maintenance, insurance, accounting records, and receiver terms.
Act or statute Open & ChatUnited States — Arizona
ARS § 9-532
1 provisions
Bond-sale proceeds and related utility receipts must be paid to the designated municipal finance officer, kept separate, and not mixed with other funds.
Act or statute Open & ChatUnited States — Arizona
ARS § 9-533
1 provisions
Bonds issued under this article are valid and binding even if some signers later stop being municipal officers before delivery and payment.
Act or statute Open & Chat