Arizona Revised Statutes Title 5. Amusements and Sports § 5-836. Operating account

1. Operating, marketing, promoting, furnishing and equipping a multipurpose facility.

2. Paying all costs associated with the authority's administrative duties as provided in §§ 5-804 and 5-805.

3. Payment to the debt service account established by § 5-865 to be used for payment or early redemption of bonded indebtedness.

1. A reserve to meet future operating costs of the authority, including amounts that are sufficient to pay all costs associated with events held at the multipurpose facility.

2. A reserve for repair, replacement and removal costs associated with the multipurpose facility in an amount at least equal to twenty-five million dollars, adjusted for inflation each year after 2001.