Arizona Laws 5-1107. Youth sports and recreation; local financial participation
Terms Used In Arizona Laws 5-1107
- Authority: means a sports authority established pursuant to this chapter. See Arizona Laws 5-1101
- Authority board: means the governing board of the sports authority. See Arizona Laws 5-1101
- District: means a sports authority district established pursuant to this chapter. See Arizona Laws 5-1101
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Youth sports: means recreational and amateur sporting related activities and competitions organized in the district. See Arizona Laws 5-1101
(Conditionally Rpld.)
A. Except as provided by section 5-1139, the authority shall spend at least ten per cent of its general revenues for the purpose of promoting youth sports and recreation and may:
1. Acquire land or construct, finance, furnish, maintain, improve, operate, market or promote the use of youth sports facilities, recreational facilities and other community facilities or programs that are located in the authority.
2. Do all things necessary or convenient to accomplish the purposes described in this subsection.
B. The authority board may require that any project undertaken pursuant to this section include financial participation from the county, municipality or school district in which the project is located, from any other party or from any combination of these entities. Capital improvement monies spent by a county, municipality, school district or other party for a purpose authorized by this section may be considered to be financial participation with respect to any project the authority may undertake if the expenditures occur after the authority is established.
C. For the purposes of financing, designing, constructing or operating facilities or structures, the authority is not the agent of any other party participating in the funding of the facility or structure after the authority is established.
D. For the purposes of subsection A of this section, the amount spent shall be measured at the end of every tenth fiscal year following the establishment of the authority for the entire period since the formation of the authority, except that the requirement shall not interfere with, delay or impede the payment of any amounts due and payable on any outstanding obligation of the authority.