Arizona Laws 48-141. Definitions
In this article, unless the context otherwise requires:
Terms Used In Arizona Laws 48-141
- Bond: means any bond issued pursuant to this article. See Arizona Laws 48-141
- District: means any irrigation or agricultural improvement district located in a federal reclamation project, organized pursuant to law. See Arizona Laws 48-141
- 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
- Personal property: All property that is not real property.
- Personal property: includes money, goods, chattels, things in action and evidences of debt. See Arizona Laws 1-215
1. "Board of directors" means the board having charge of the affairs of the district.
2. "Bond" means any bond issued pursuant to this article.
3. "District" means any irrigation or agricultural improvement district located in a federal reclamation project, organized pursuant to law.
4. "Undertaking" means the purchase, construction, leasing or acquisition of any real or personal property, works or facilities which the district is authorized by law to purchase, construct, lease or otherwise acquire, or the improvement, reconstruction, extension or addition to any real or personal property, works or facilities owned or operated by the district, but does not include the purchase or acquisition by the exercise of the right of eminent domain or condemnation of any existing works or facilities, nor the purchase, construction, leasing or acquisition of, or the extension or addition of, works or facilities designed to serve areas or territories outside the boundaries of the federal reclamation project in which the district is located, or areas or territories already being served or which within twelve months past have been served by existing works or facilities belonging to others.