5-802. Formation of authority
A. The tourism and sports authority is established. The boundaries of the authority
are the boundaries of any county that has a population of more than two million persons.
B. The authority is a corporate and political body and, except as otherwise
limited, modified or provided by this chapter, has all of the rights, powers and
immunities of municipal corporations, including the power of eminent domain.
C. The board of directors and the authority do not have the power to levy or
otherwise impose any tax or assessment, other than charges for the use of facilities
owned by the authority. The qualified electors residing in the authority may levy a tax
or surcharge for the fiscal needs of the authority as provided by this chapter, but the
board of directors has no independent authority to impose or collect a tax or assessment.
Subject to that limitation, the authority is considered to be a tax levying public
improvement district for the purposes of article XIII, section 7, Constitution of
Arizona.
D. The authority is regarded as performing a governmental function in carrying out
the purposes of this chapter. The property acquired or constructed by the authority, the
activities of the authority in maintaining and caring for the property and the monies
derived by the authority from operating the property are exempt from state and local
income and property taxation.
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