The purchase price for real property acquired for an airport may be paid from either:

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Terms Used In Arizona Laws 28-8417

  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.

1. Monies available for the purchase.

2. Wholly or partially from proceeds of the sale of bonds of the city, town or county as the governing body determines, subject to the adoption of a proposal for and the approval of the sale of bonds at an election and in the manner provided for the authorization and issuance of bonds for public purposes generally.