LegalFix

§ 48-3096 Payments due under contract with United States; district assessments; determination of rate

AZ Rev Stat § 48-3096 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

48-3096. Payments due under contract with United States; district assessments; determination of rate

A. All payments due or to become due to the United States under any contract between the district and the United States, including payments of interest and principal on bonds required in connection with the deposit or transfer thereof to the United States, shall be paid, unless otherwise provided by contract, by revenue derived from annual assessments, apportioned as prescribed by this article and levies therefor, upon real property within the district assessable for district purposes under the laws of the state. Such real property shall remain liable to assessment and levy for the payments provided by this section. The board of directors shall include in its annual estimate all amounts necessary to meet all payments to the United States when due as provided in the contract.

B. Assessments for such purposes need not be uniform in amount per acre over the irrigable lands of the district, but shall accord in amount with the provisions of the contract between the United States and the district, the laws of the United States applicable thereto, and the notices and regulations issued pursuant to such laws. If the contract is for the assumption by the district as principal or guarantor of indebtedness to the United States theretofore existing on account of district lands, there shall be further taken into account the provisions of existing contract carrying such indebtedness and the amounts of such liens released pursuant to the contract between the United States and the district. The amount of assessment for each parcel of land shall be set forth in a certificate, a copy of which shall be transmitted to the board of supervisors of each county in which any lands of the district are located, together with other matters required by law to be certified. In making and levying assessments for payments due the United States under any such contract the law governing assessments for irrigation district purposes shall be complied with as nearly as practicable.

C. This section shall not be construed to relieve the district from the obligation to pay the defaults of any lands within the district unless otherwise provided by the contract. Monies collected by assessment and levies to perform any contract with the United States shall be kept in a fund known as a " United States contract fund, " to be used for payments due to the United States under any such contract.

LegalFix

Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.

LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.

The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.

You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.

The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.

Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.

We have updated our Terms of Service, Privacy Policy, and Disclosures. By continuing to browse this site, you agree to our Terms of Service, Privacy Policy, and Disclosures.
§ 48-3096 Payments due under contract with United States; district assessments; determination of rate