Arizona Laws 48-921. Payment of costs from other sources
A. When any money is available from the county, or a state or federal agency, or the general fund of the district, or from any other source, for paying the cost of the whole or any part of any of the work provided for in the resolution of intention, the board of directors may in the resolution of intention or in any resolution adopted before the assessment is finally approved, order that such money be applied to the whole or any portion of the improvements for which it is available and direct the remainder of the costs and expenses to be assessed proportionately on the lots liable to be assessed for such improvement.
Terms Used In Arizona Laws 48-921
- improvement: includes any of the improvements mentioned and authorized to be made in this article, the construction, reconstruction and repair of all or any portion of any such improvement, and labor, services, expenses and material necessary or incidental thereto. See Arizona Laws 48-901
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
B. In addition to any payments made as prescribed by subsection A of this section, a district may be financed from the following sources of revenue:
1. Proceeds received from the sale of bonds of the district.
2. Monies of the county that are contributed to the district.
3. State or federal grants.
4. Private contributions.
5. Any other monies available to the district by law.