48-6271. Definitions

162 words·~1 min read·/az/title-48/48-6271

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

(Conditionally Rpld.)

In this article, unless the context otherwise requires:

1. "Bond related expenses" means any expenses incurred by the district to issue and administer its bonds, including underwriting fees and costs, trustee fees, financial consultant fees, printing and advertising costs, paying agent fees, transfer agent fees, legal, accounting, feasibility consultant and other professional fees and expenses, credit enhancement fees, attorney and accounting fees and expenses related to credit enhancement, bond insurance or liquidity enhancement, remarketing fees, rating agency fees and costs, travel and telephone expenses and all other fees considered necessary by the district in order to market and administer the bonds.

2. "Bonds" means the revenue bonds of the district issued pursuant to this article.

3. "Theme park purpose" includes the following purposes:

(a)The capital costs of acquiring, designing, developing, constructing, reconstructing, equipping and improving theme park facilities and directly related improvements and of on-site and off-site public infrastructure.

(b)The payment of bond obligations.

(c)Bond related expenses.