§ 48-1415 Joint special road districts; trustees; authority; actions; bonds; approval

AZ Rev Stat § 48-1415 (2019) (N/A)
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48-1415. Joint special road districts; trustees; authority; actions; bonds; approval

A. Two or more special road districts may by agreement, whether before or after the effective date of this section, act as a joint special road district in exercising all of the powers and authority of a special road district subject to the provisions of this section.

B. The board of trustees of the joint special road district may take action by a simple majority of the trustees voting at a meeting.

C. A special road district which is a part of a joint special road district may withdraw according to the terms of the joint agreement and operate independently as a special road district, but all real property and mobile homes of the joint district remain subject to taxation for all bonds issued or obligations incurred before the effective date of withdrawal, until they are paid in full, as if the withdrawal had not occurred.

D. Except as provided in subsection F of this section, approval of the issuance of joint special road district bonds at an election held pursuant to section 48-1407 requires a majority of the votes cast in each special road district to be in favor of issuance of the bonds.

E. The levy of taxes for all joint special road district purposes under this chapter shall be on all real property and mobile homes in the joint special road district, and the proceeds of bonds issued and other monies of the special road district shall be used for the purposes provided by this chapter for the joint special road district as if it were a single district.

F. Bonds of a joint special road district may be issued by the board of supervisors, without the requirement of a new election, under any outstanding authorization of unissued bonds from an election held in a special road district included within the joint special road district, if the joint agreement was approved by a two-thirds majority of those voting at elections held in each special road district or joint special road district included in the joint special road district. If approved, the bond authorization for the joint special road district is the total of the outstanding unissued authorizations in each special road district included in the joint special road district. If a district withdraws from the joint district, it shall have allocated to it its pro rata share of any authorization remaining unissued from those authorizations existing in the special road districts before voter approval of the joint agreement.