Arizona HB2098 amends water augmentation authority provisions, allowing bonds for water supply projects and loan agreements for wastewater treatment.
Arizona HB2098 amends the Arizona Revised Statutes to allow county water augmentation authorities to issue revenue bonds for water supply projects. The bonds can finance facilities like canals, pipelines, and treatment plants. The authority can also enter into loan agreements with the water infrastructure finance authority for wastewater treatment, drinking water, and nonpoint source projects. The bill specifies procedures for bond issuance, including hearings and resolutions. It also details the authority's ability to assess fees and the legal protections for bondholders.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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