45-1702. Definitions

373 words·~2 min read·/az/title-45/45-1702

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

In this article, unless the context otherwise requires:

1. "Authority" means the Arizona power authority created pursuant to title 30, chapter 1.

2. "Bonds" and "notes" means bonds and notes, respectively, of the authority issued pursuant to this article.

3. "District" means any irrigation district, power district, electrical district, agricultural improvement district or water users association now or hereafter organized under the laws of this state that is directly engaged in the sale, distribution or delivery of municipal, industrial or irrigation water or in the sale, distribution or use of electric power or energy.

4. "Municipality" means any incorporated city or town or other corporation organized for municipal purposes.

5. "Power" means electric power or electric energy or both.

6. "Project" or "work" means:

(a)Any of the projects or works authorized by this article or hereafter authorized, including each and every facility or improvement necessary or incidental thereto and all rights-of-way, lands or interests in lands, the use or occupancy of which is necessary or appropriate in the construction, reconstruction, replacement, extension, betterment, development, improvement or operation and maintenance of such facilities and improvements.

(b)Financing or refinancing authorized by section 45-1703, subsection A, paragraph 5.

7. "Public utility" means any person, corporation, district, electric cooperative, public agency or political subdivision of the state that provides electrical service to the public by means of electric facilities or provides water for municipal, industrial, irrigation, recreation and fish and wildlife purposes to the public.

8. "Real property" means lands, rights in lands, interests in land, including lands under water, appurtenances, improvements and any and all other things and rights usually included within the term and includes also any and all interest in such property less than full title, such as easements, permanent or temporary rights-of-way, uses, leases, licenses and other such incorporeal hereditaments.

9. "Retail" means sales to persons, corporations, firms, partnerships or other entities for their use and not for resale.

10. "State" means the state of Arizona.

11. "State water and power development fund" means the fund by that name established by section 45-1711.

12. "State water and power plan" means the plan established pursuant to section 45-1703.

13. "Wholesale" means sales to municipalities, districts or public utilities for resale or distribution.