Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 11. Counties |
Chapter 4. FISCAL PROVISIONS |
Article 1. County Charges, Specific Funds and Warrants for Curent Expenses |
Sec 11-606. Collection and disposition of groundwater transportation fees; economic development fund
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A. The board of supervisors may collect groundwater transportation fees paid to the county pursuant to section 45-556.
B. The board of supervisors shall transmit all monies collected under this section to the county treasurer for deposit in a groundwater basin economic development fund. The board shall use monies in the fund to enhance economic development in the groundwater basin or sub-basin with respect to which the monies were collected, including water acquisition or other mitigation activities for remaining water users in the groundwater basin or sub-basin, economic planning, business and industrial recruitment and retention and other necessary and appropriate economic development activities. If the groundwater basin or sub-basin is completely dedicated for purposes of transporting groundwater away from the basin or sub-basin, the monies collected under this section may be used for such economic development activities anywhere in the county.