Arizona Revised Statutes Title 5. Amusements and Sports § 5-834. Facility revenue clearing account

1. Revenues received from dedicated public funding sources as provided by law.

2. Payments received from leasing, subleasing or renting property owned, leased or controlled by the authority.

3. Revenues received by the authority from admissions, concessions and other proceeds from events held at a multipurpose facility owned or leased by the authority.

4. Gifts, grants and donations received for operating purposes from any public or private source.

5. Proceeds from the sale of any of the authority's property.

6. Financial participation for operating costs received from the county or municipality in which a multipurpose facility owned or leased by the authority is located.

1. To the debt service account established by § 5-865, an amount equal to one-twelfth of the annual debt service on bonds and other debt obligations of the authority that are secured in whole or in part by and payable from revenues or monies deposited to the facility revenue clearing account, net of deposits to the debt service account pursuant to § 5-835, subsection B, paragraph 1.

2. To the operating account of the authority established by § 5-836, all remaining monies in the facility revenue clearing account.