Arizona Revised Statutes Title 28. Transportation § 28-6749. Cooperative contracts with federal government

A. The county highway commission may enter into cooperative contracts and agreements for construction of roads with the United States or any of its departments or agencies pursuant to an act of Congress.

B. The provisions of law relating to methods of spending monies derived from the sale of the bonds do not apply to these cooperative contracts.  On order of the county highway commission, the county treasurer shall deposit any monies in the county treasury that are subject to the disposition or control of the county highway commission required under a cooperative contract in a United States depository designated by the officer of the United States authorized by law to enter into the contract to the credit of and to be spent by this officer under the terms of the contract.