Title 14, Local Government

(a) The amount of interest which will accrue on notes, bonds, or other evidences of indebtedness issued by a district shall be included in and added to the taxes levied against the land in the project area, but the interest to accrue on the notes, bonds, or other evidences of ind…

(a) The chancery court shall at the same time that the assessment of benefits is filed or at any subsequent time when called upon by the board enter an order, which shall have the force and effect of a judgment, providing that there shall be levied against the land within the pro…

(a) If the board does not deem it to the advantage of the project area to proceed immediately with the construction of the improvements upon the filing and confirmation of the assessment of benefits, it may cause to be levied and collected a tax based upon the assessment of benef…

(a) On or before the first Monday in October of each year, the board of directors shall estimate the amount necessary for the ensuing calendar year for operation and maintenance of the works of improvement provided for in the improvement plan and shall submit the estimate to the …

(a) The amount of the taxes herein provided for shall be annually extended upon the tax books of the county, or counties if the project area is situated in more than one (1) county, and collected by the collector of the county along with the other taxes. For his services in makin…

(a) The board of directors may petition the chancery court for authority to borrow money or issue bonds or other evidences of indebtedness. (b) The petition of the board shall state whether it is desired that those bonds or other evidences of indebtedness shall be made payable fr…

(a) The clerk of the court shall upon receipt of the petition give due notice by publication for two (2) weeks in some newspaper published and having a general circulation within the county in which the project area is located calling upon all persons owning land within the area …

(a) Bonds or other evidences of indebtedness issued under the terms of this chapter shall bear such date or dates, mature at such time or times not in excess of fifty (50) years, and be in such form and denomination as the board may determine. (b) The board may sell, exchange, or…

(a) After issuing any bonds or other evidences of indebtedness and before their sale, exchange, or hypothecation, the board may petition the chancery court for an order approving the legality and regularity of all proceedings leading up to the issuance of the bonds or other evide…

Refunding bonds may be issued and may be sold, exchanged, or hypothecated under the procedure provided in §§ 14-125-801 — 14-125-804.

(a) All bonds issued under the terms of this chapter that are made payable from the proceeds of assessments shall be secured by a lien on all benefited lands in the project area unless the board of directors shall be able to sell bonds payable out of revenue only. The board shall…

(a) At any time after five (5) years after the organization of a district under the provisions of this chapter, any twenty-five (25) owners of land lying within the boundaries of the district may file a petition with the Arkansas Soil and Water Conservation Commission praying tha…

(a) Within sixty (60) days after a petition has been received by the commission, it shall:(1) Give due notice of the holding of a referendum;(2) Supervise the referendum; and(3) Issue appropriate regulations governing the conduct of the referendum. (1) Give due notice of the hold…

(a) The commission shall publish the result of the referendum and shall thereafter consider and determine whether the continued operation of the district within the defined boundaries is administratively practicable and feasible. (b) If the commission shall determine that the con…

(a) Upon receipt from the Arkansas Soil and Water Conservation Commission of a certification that the commission has determined that the continued operation of the district is not administratively practicable and feasible, pursuant to the provisions of this subchapter, the direct…

(1) The Arkansas Soil and Water Conservation Commission shall not, until five (5) years have elapsed for the date of the district organization nor more often than once in three (3) years thereafter:(1) Entertain petitions for the discontinuance of any district;(2) Conduct referen…

No one (1) individual or corporation may be forced against his or its will into any district that may be created under the provisions of this chapter without the consent of the individual or corporation, unless lands so held by the above-named individual or persons mentioned abov…

(a) Upon issuance of a certificate of dissolution under the provisions of this subchapter, all regulations theretofore adopted and in force within the districts shall be of no further force and effect. (b) All contracts theretofore entered into, to which the district or superviso…

(a) This chapter shall not be in force as to any levee district until:(1) A proper resolution to that effect is adopted by the board of directors of the levee district; and(2) A copy of the resolution is published in a newspaper in each county that in whole or in part is embraced…

(a) The board of directors of a levee district that includes more than two (2) counties may, at a regular meeting or at a special meeting called for the purpose, adopt a resolution providing for assessments as provided in this section. (b) (1) The board of directors of a levee di…

(a) (1) A person aggrieved by an alternative assessment under this chapter may petition to have the assessment reviewed by the board of directors.(2) A petition for review shall be filed within thirty (30) days from the date when the assessment becomes effective.(3) The board of …

This chapter may be referred to and cited as the “Public Facilities Boards Act.”

(a) It is determined by the General Assembly that adequate:(1) Facilities for health care;(2) Decent, safe, and sanitary residential housing;(3) Off-street parking facilities;(4) Facilities for recreation and to develop tourism;(5) Waterworks facilities;(6) Sewer facilities;(7) F…

(1) As used in this chapter, unless the context otherwise requires:(1) “Public facilities board” or “board” means any board organized pursuant to the provisions of this chapter;(2) “State” means the State of Arkansas;(3) “Municipality” means any incorporated city or town in this …

(a) This chapter shall be deemed to provide an additional and alternative method for the doing of the things authorized thereby and shall be regarded as supplemental and additional to powers conferred by other laws. (b) The construction of facilities for public facilities project…

This chapter, being necessary for the welfare of the state and its inhabitants, shall be liberally construed to effect the purposes of it.

(a) (1) Any municipality or any county is authorized to create one (1) or more public facilities boards and to empower each board to own, acquire, construct, reconstruct, extend, equip, improve, operate, maintain, sell, lease, contract concerning, or otherwise deal in or dispose …

(a) Each public facilities board shall be created by ordinance of the governing body. The ordinance:(1) Shall give the board a name which:(A) Shall include the name of the creating municipality or county;(B) Shall be descriptive of the powers granted to the board; and(C) Shall be…

(a) (1) Each public facilities board shall consist of five (5) members unless there is an expansion of the board to provide services outside the boundaries of the governmental unit from which it obtains power.(2) The provisions of this subsection are applicable only to:(A) Boards…

(a) (1) The members of each public facilities board shall meet and organize by electing one (1) of their number as chairman, one (1) as vice chairman, one (1) as secretary, and one as treasurer, and such officers shall be elected annually thereafter in like manner.(2) The duties …

(a) (1) Each public facilities board shall meet upon the call of its chairman, or a majority of its members, and at such times as may be specified in its bylaws for regular meetings. A majority of its members shall constitute a quorum for the transaction of business.(2) The affir…

(a) Each public facilities board is authorized and empowered:(1) To have perpetual succession as a body politic and corporate and to adopt bylaws for the regulation of its affairs and the conduct of its business;(2) To adopt an official seal and alter it at pleasure;(3) To mainta…

(a) Any municipality or county may acquire facilities for a public facilities project, or any portion thereof, including a project site, by gift, purchase, lease, or condemnation, and may transfer any such facilities to a public facilities board created by the municipality or cou…

Any public facilities board organized under the provisions of this chapter is authorized and empowered to include in the public facilities projects granted to the board, facilities for postsecondary education and occupational training programs, unless the ordinance creating the b…

It is declared that each public facilities board created pursuant to this chapter will be performing public functions and will be a public instrumentality of the municipality or county creating the board. Accordingly, all properties at any time owned by the board and the income t…

(a) Public facilities boards are authorized to use any available funds and revenues for the accomplishment of all or a portion of public facilities projects and may issue bonds, as authorized by this chapter, for the accomplishment of all or a portion of public facilities project…

(a) (1) The issuance of bonds shall be by resolution of the public facilities board.(2) As the resolution authorizing their issuance may provide, the bonds may:(A) Be coupon bonds payable to bearer, but subject to registration as to principal or as to principal and interest;(B) B…

(a) Bonds may be issued for the purpose of refunding any obligations issued under this chapter. Such refunding bonds may be combined with bonds issued under the provisions of § 14-137-116 into a single issue. (b) When bonds are issued under this section for refunding purposes, th…

Any municipality, or any board, commission, or other authority duly established by ordinance of any municipality, or the boards of trustees, respectively, of the firemen's relief and pension fund and the policemen's pension and relief fund of any municipality, or the board of tru…

Bonds issued under this chapter and the income therefrom shall be exempt from all state, county, and municipal taxes. This exemption includes income and estate taxes.

(a) It shall be plainly stated on the face of each bond that it has been issued under the provisions of this chapter, that the bonds are obligations only of the public facilities board, and that in no event shall they constitute an indebtedness for which the faith and credit of t…

(a) The resolution or indenture referred to in § 14-137-116 may, or may not, impose a foreclosable mortgage lien upon or security interest in all or any portion of the lands, buildings, or facilities acquired, constructed, reconstructed, extended, equipped, or improved, in whole …

(a) (1) In the event of a default in the payment of the principal of or interest on any bonds issued under the provisions of this chapter, any court having jurisdiction may appoint a receiver to take charge of the public facilities project upon or in which there is a mortgage lie…

(a) Within the first ninety (90) days of each calendar year, each public facilities board shall make a written report to the governing body of the municipality or county which created the board concerning its activities for the preceding calendar year. (b) Each report shall set f…

It is the intent of the General Assembly by the passage of this chapter to authorize in each municipality in this state the incorporation of a public corporation as a political subdivision of the state for the purpose of providing buildings and facilities for the respective purpo…

(1) As used in this chapter:(1) “Board” means the board of directors of the corporation;(2) “Corporation” means a corporation organized under this chapter;(3) “County” means that county in which the certificate of incorporation of the corporation shall be filed for record;(4) “Go…