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§ 9-621 – Authority to receive and spend distributions

9-621. Authority to receive and spend distributions In addition to any other powers conferred by law, an eligible city described in section 9-604 may receive and spend distributions from the Arizona convention center development fund pursuant to this chapter.

§ 9-622 – Certification of completion of construction

9-622. Certification of completion of construction A. When construction or expansion of an eligible convention center development project is complete, the chief financial officer of the city shall certify the completion to the state treasurer and transmit a copy of the certification to the auditor general. B. As a part of the certification, the chief […]

§ 9-623 – Certification of satisfaction of annual obligations

9-623. Certification of satisfaction of annual obligations A. In any year that a scheduled payment is due as stated in the certification of completion of construction from monies in the special fund established by the eligible city for receipt of distributions from the Arizona convention center development fund, on receiving distributions from the Arizona convention […]

§ 9-624 – Request for state lease purchase

9-624. Request for state lease purchase A. The chief financial officer may file a notice with the director of the department of administration requesting this state to undertake lease purchase financing in connection with an eligible project pursuant to section 41-791.04. The notice shall include a detailed description of the part of the eligible project […]

§ 9-625 – Tax exemption

9-625. Tax exemption An eligible city is regarded as performing a governmental function in carrying out the purposes of this chapter and the eligible project is considered to be municipal property for the purposes of article IX, section 2, Constitution of Arizona.

§ 9-626 – Construction progress reports; auditor general performance measures

9-626. Construction progress reports; auditor general performance measures A. The eligible city shall report progress on the development of any eligible project to the joint committee on capital review twice annually during construction of the eligible project. B. Within five years after the filing of the certificate of completion of construction of an eligible project […]