Arizona Revised Statutes Title 48. Special Taxing Districts § 48-3713.03. Lower Colorado river multispecies conservation program; definition

A. The board may enter into agreements with this state, an agency or political subdivision of this state, the federal government, an agency of the federal government and any other person for participation in the lower Colorado river multispecies conservation program under this section, including the payment, collection, management, investment and distribution of monies for the program.

B. The agreements may designate the state treasurer or private financial institutions as fiscal agents or trustees for collection, management, investment and distribution of monies for the lower Colorado river multispecies conservation program.

C. Monies collected for the lower Colorado river multispecies conservation program shall be used only for activities and administrative costs directly related to the multispecies conservation program and may include:

D. For the purposes of this section, “lower Colorado river multispecies conservation program” or “program” means the cooperative effort among agencies of the federal government and agencies and political subdivisions of the states of Arizona, California and Nevada and other local public and private parties with a common interest in the water and related resources of the lower Colorado river, including the historic floodplain and reservoirs to the full pool elevations, to provide the basis for compliance with §§ 7 and 10(a)(1)(B) of the endangered species act of 1973 (P.L. 93-205; 87 Stat. 884; 16 United States Code §§ 1536 and 1539).