A city or town which has incorporated under the laws of the state of Arizona pursuant to enabling legislation of the Congress of the United States and which upon incorporation acquires ownership of land in excess of one section from the United States may provide by ordinance for the manner of disposition, sale, lease or conveyance of land owned by such city or town.

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Terms Used In Arizona Laws 9-406

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • United States: includes the District of Columbia and the territories. See Arizona Laws 1-215