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Arizona Revised Statutes - Title 40 Public Utilities and Carriers - Chapter 6 Urban Mass Transportation Systems

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  • 40-1111 - Definitions
    In articles 2, 3 and 4, unless the context otherwise requires: 1. "Authority" means a metropolitan public transit authority organized under this article. 2. "Board"...
  • 40-1112 - Qualifying bodies which may form authority; purposes
    A. A metropolitan public transit authority may be formed by any of the following: 1. The governing body of a municipality, the population of which...
  • 40-1113 - Procedures required to organize an authority
    A. A metropolitan public transit authority shall be organized and incorporated in the following manner: 1. The governing body of a municipality or county or...
  • 40-1114 - Authority subject to law and regulations; nonprofit status
    A. An authority shall be subject, in the operation of its transportation facilities and equipment, to the laws and regulations of the state of Arizona...
  • 40-1115 - Inclusion of additional areas
    Additional areas may be included within the boundaries of the authority and become a part of such authority. If a petition for the inclusion of...
  • 40-1116 - Judicial review of action of municipality or county
    A party aggrieved by the act of a municipality or county in forming a metropolitan transit authority may, not later than twenty days after passage...
  • 40-1117 - Condemnation privilege
    The authority may use the provisions of law relating to eminent domain. No provision for eminent domain given to the authority by this section or...
  • 40-1118 - Exemption from taxation
    A. The title to all property acquired under the provisions of this article shall immediately and by operation of law vest in such transit authority,...
  • 40-1121 - Board of directors of authority; qualifications; appointment; terms; oath; meetings; compensation
    A. All powers, privileges and duties vested in a metropolitan public transit authority shall be administered by a board of directors consisting of at least...
  • 40-1122 - Powers and duties of the board
    A. The board of directors shall: 1. Be the governing body of the authority and, in compliance with the provisions of this article, shall determine...
  • 40-1123 - Officers and employees of authority
    A. Officers of an authority may consist of the board of directors, and a general manager, a general counsel, a treasurer and a comptroller, as...
  • 40-1124 - General powers of an authority
    A metropolitan public transit authority may: 1. Sue and be sued. 2. Adopt a corporate seal. 3. Take by grant, purchase, bequest, devise, or lease,...
  • 40-1125 - Cooperation with state or other agencies
    An authority may cooperate with and enter into agreements with the state of Arizona or any public agency for the acquisition, construction, improvement, completion, maintenance,...
  • 40-1126 - Cooperation with federal government
    An authority may contract for and cooperate with and may accept grants, contributions, or loans directly through the sale of securities or equipment, trust certificates,...
  • 40-1127 - Rates and charges
    The rates and charges for service furnished pursuant to this article shall be determined by vote of the majority of all of the members of...
  • 40-1128 - Dissolution of authority
    Whenever the board of directors of an authority, by resolution, determines that the purposes for which the authority was formed have been substantially complied with,...
  • 40-1131 - Bonds
    A. For the purpose of acquiring, improving, enlarging or extending a transit system, the authority may issue self-liquidating revenue bonds. Bonds issued under this article...
  • 40-1132 - Power to secure bonds; reimbursement for advance
    A. The board, in connection with the issuance of bonds and in order to secure the payment of the bonds and the interest thereon, shall...
  • 40-1133 - Provision of bond resolution; covenants
    A. A resolution pertaining to issuance of bonds under this article may contain covenants as to: 1. The purpose to which the proceeds of sale...
  • 40-1134 - Validity of bonds
    A. Bonds issued under this article and bearing the signatures of officers in office on the date of the signing thereof shall be valid and...
  • 40-1135 - Prior lien of bonds
    A. Except as otherwise provided in the resolution authorizing the bonds, all bonds of the same issue under this article shall have a prior and...
  • 40-1136 - Bond obligations of the metropolitan public transit authority
    All bonds issued pursuant to this article shall be obligations of the authority issuing such bonds, and payable only in accordance with the terms thereof...
  • 40-1137 - Bonds as legal investments
    Bonds issued under the provisions of this article are made securities in which all public officers and bodies of the state and all municipalities and...
  • 40-1138 - Limitation on indebtedness
    An authority shall not incur an indebtedness which exceeds one million dollars. As used in this section, "indebtedness" includes, without limitation, any and all forms...
  • 40-1139 - Annual financial statement of authority; estimate of expenses; notice of hearing on estimate
    A. The board of directors of each metropolitan public transit authority, on or before the third Monday in July each year, shall prepare a full...
  • 40-1140 - Hearing on estimates; adoption of proposed budget
    A. The board of directors of each metropolitan public transit authority shall meet on the day designated in the notice provided by subsection D of...
  • 40-1141 - Metropolitan public transit authority levy
    The board of supervisors of each county where a metropolitan public transit authority has been established shall annually, at the time of levying other taxes,...
  • 40-1142 - Investment of funds by board
    The board may, by resolution, order that any of the monies in the funds under its control which are not necessary for current operating expenses...
  • 40-1143 - Bids required by board; exception
    The purchase of all supplies, equipment and materials, and construction facilities and works, when the expenditure required exceeds two thousand five hundred dollars shall be...
  • 40-1144 - Claims against the authority
    Every claim against an authority for damages or injuries alleged to have been caused by the negligent act or omission of the authority shall be...
  • 40-1146 - Certification of bonds and approval of contracts by attorney general
    A. The board may submit to the attorney general of this state any bonds to be issued under this article after all proceedings for the...
  • 40-1147 - Supplemental law
    The powers conferred by articles 2, 3 and 4 of this chapter shall be in addition to and supplemental to the powers conferred by any...
  • 40-1151 - Definition
    For the purposes of this article, "public transportation services" means the local transportation of passengers and their incidental baggage by means of a public conveyance,...
  • 40-1152 - Public transportation services; contracts and agreements; fares and service charges; educational institutions; financial grants
    A. In addition to other authority granted pursuant to titles 9 and 11 and this title, or city charter, any county or incorporated city or...
  • Last modified: February 20, 2012