The Arizona Revised Statutes have been updated to include the revised sections from the 56th Legislature, 1st Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 56th Legislature, 2nd Regular Session, which convenes in January 2024.
DISCLAIMER
This online version of the Arizona Revised Statutes is primarily maintained for legislative drafting purposes and reflects the version of law that is effective on January 1st of the year following the most recent legislative session. The official version of the Arizona Revised Statutes is published by Thomson Reuters.
48-2085 - Reallocation of assessments in the event of land exchange for public property
48-2085. Reallocation of assessments in the event of land exchange for public property
If a parcel of property that is subject to assessment and a lien under section 48-2057, subsection H is exchanged to this state or the United States for another parcel of property in the sanitary district owned by this state or the United States and the parcel of new private property receives substantially the same benefit from the improvement constructed as the parcel exchanged to this state or the United States, the assessment lien imposed on the original parcel of property may be transferred to and imposed on the parcel of new private property if the owners of that parcel agree to the reallocation of the assessment in writing and it is filed with the district.