reglab/housing_qa huggingface dataset:
AR Code § 14-184-209 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities|Chapter 184 - Central Business Improvement Districts|Subchapter 2 - Financing of Improvements|§ 14-184-209. Bonds — Terms and conditions

 (a) As the board shall determine, the bonds may:  (1) Be coupon bonds, payable to bearer, or may be registrable as to principal only or as to principal and interest and may be exchangeable for bonds of another denomination;  (2) Be in such form and denomination;  (3) Have such date or dates;  (4) Be stated to mature at such times;  (5) Bear interest payable at such times and at such rate or rates, provided that no bond may bear interest at a rate exceeding the maximum rate allowed by law;  (6) Be payable at such places within or without the State of Arkansas;  (7) Be subject to such terms of redemption in advance of maturity at such prices; and  (8) Contain such terms and conditions.    (b) The bonds shall have all of the qualities of negotiable instruments under the laws of the State of Arkansas, subject to provisions as to registration, as set forth in this section.
AR Code § 14-184-210 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities|Chapter 184 - Central Business Improvement Districts|Subchapter 2 - Financing of Improvements|§ 14-184-210. Bonds — Trust indenture

 (a) The authorizing resolution may provide for the execution by the district with a bank or trust company, within or without the State of Arkansas, of a trust indenture.  (b) The trust indenture may contain any terms, covenants, and conditions that are deemed desirable by the board including, without limitation, those pertaining to:  (1) The maintenance of various funds and reserves;  (2) The nature and extent of the security;  (3) The issuance of additional bonds and the nature of the lien and pledge, parity or priority, in that event;  (4) The custody and application of the proceeds of the bonds;  (5) The collection and disposition of assessments and revenues;  (6) The investing and reinvesting, in securities specified by the board, of any moneys during periods not needed for authorized purposes; and  (7) The rights, duties, and obligations of the board and the holders and registered owners of the bonds.
AR Code § 14-184-211 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities|Chapter 184 - Central Business Improvement Districts|Subchapter 2 - Financing of Improvements|§ 14-184-211. Bonds — Sale

 (a) The bonds may be sold for such price including, without limitation sale at a discount, and at such rate of interest and in such manner as the board may determine by resolution.  (b) The bonds or certificates of indebtedness may be sold to any bank, savings and loan association, or other financial institution regulated by an agency of the state in which it is incorporated, or the federal government, notwithstanding the fact that a director, officer, employee, or shareholder of the financial institution is a member of the board of the district. The provisions of §§ 14-88-309, 14-88-310, 14-88-402 shall not apply to any such transaction.
AR Code § 14-184-212 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities|Chapter 184 - Central Business Improvement Districts|Subchapter 2 - Financing of Improvements|§ 14-184-212. Bonds, coupons — Execution — Seal

 (a)  (1)  (A) The bonds shall be executed by the manual or facsimile signature of the chairman of the board and by the manual signature of the secretary of the board.  (B) The coupons attached to the bonds shall be executed by the facsimile signature of the chairman.    (2) In case any of the officers whose signatures appear on the bonds or coupons shall cease to be such officers before the delivery of the bonds or coupons, their signatures shall, nevertheless, be valid and sufficient for all purposes.    (b) The district shall adopt and use a seal in the execution and issuance of the bonds. Each bond shall be sealed with the seal of the district.
AR Code § 14-184-213 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities|Chapter 184 - Central Business Improvement Districts|Subchapter 2 - Financing of Improvements|§ 14-184-213. Bonds — Conversion

 (a) The bonds may be sold with the privilege of conversion into an issue bearing other rate or rates of interest, upon the terms that the board receive no less and pay no more than it would receive and pay if the bonds were not converted.  (b) The conversion shall be subject to the approval of the board.
AR Code § 14-184-214 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities|Chapter 184 - Central Business Improvement Districts|Subchapter 2 - Financing of Improvements|§ 14-184-214. Refunding bonds

 (a)  (1) Bonds may be issued for the purpose of refunding any bonds issued under this subchapter.  (2)  (A) Refunding bonds may be either sold or delivered in exchange for the bonds being refunded.  (B) If sold, the proceeds may be either applied to the payment of the bonds being refunded or deposited in trust and there maintained in cash or investments for the retirement of the bonds being refunded, as shall be specified by the central business improvement district in the resolution or trust indenture securing the bonds.      (b)  (1) The resolution or trust indenture securing the refunding bonds may provide that the refunding bonds shall have the same priority on revenues pledged for their payment as was enjoyed by the bonds refunded.  (2) Revenue refunding bonds shall be sold and secured in accordance with the provisions of this subchapter pertaining to the sale and security of the bonds initially issued.
AR Code § 14-184-215 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities|Chapter 184 - Central Business Improvement Districts|Subchapter 2 - Financing of Improvements|§ 14-184-215. Obligation on bonds

 (a)  (1) It shall be plainly stated on the face of each bond that it has been issued under the provisions of this subchapter, that the bonds shall be obligations only of the central business improvement district, and that in no event shall they constitute any indebtedness for which the faith and credit of the municipality or any of its revenues are pledged.  (2) No member of the board of commissioners shall be personally liable on the bonds or for any damages sustained by anyone in connection with any contracts entered into in carrying out the purposes and intent of this subchapter unless he shall have acted with corrupt intent.    (b) The principal of, interest on, and paying agent's fees in connection with the bonds shall be secured by a lien on and pledge of the instruments evidencing loans specified in § 14-184-206.
AR Code § 14-184-216 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities|Chapter 184 - Central Business Improvement Districts|Subchapter 2 - Financing of Improvements|§ 14-184-216. Bonds — Tax exemption

 (a) Bonds issued under the provisions of this subchapter and the interest on them shall be exempt from all state, county, and municipal taxes.  (b) This exemption shall include income, inheritance, and estate taxes.
AR Code § 14-184-217 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities|Chapter 184 - Central Business Improvement Districts|Subchapter 2 - Financing of Improvements|§ 14-184-217. Public investment in bonds

 (a) Any municipality; any board, commission, or other authority duly established by ordinance of any municipality; the boards of trustees, respectively, of the firemen's relief and pension fund and the policemen's pension and relief fund of any municipality; the board of trustees of any retirement system created by the General Assembly of the State of Arkansas may, in its discretion, invest any of its funds not immediately needed for its purposes in bonds issued under the provisions of this subchapter.  (b) Bonds issued under the provisions of this subchapter shall be eligible to secure the deposit of public funds.
AR Code § 14-186-101 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities|Chapter 186 - Harbors And Port Facilities Generally|Subchapter 1 - General Provisions|§ 14-186-101. Powers of city council generally

 (a)  (1) A city council shall have power to:  (A) Establish, construct, and regulate landing places, levees, wharves, docks, piers, and basins;  (B) Fix the rates of landing, wharfage, and dockage; and  (C) Use, for the purposes indicated, any public landing or any property belonging to or under the control of the city.    (2) For these purposes, the council shall have the use and control of the shore or bank of any lake or river, not the property of individuals, to the extent and in the manner that the state can grant such use or control.    (b)  (1) The council shall have the power to:  (A) Appoint, or to provide that the qualified voters shall elect, harbormasters, wharfmasters, port wardens, and other officers usual or proper for the regulation of the navigation, trade, or commerce of the city;  (B) Define their duties and powers; and  (C) Fix their fees and compensation.    (2) Copies of the examination and surveys and of the proceedings of any port warden in the usual discharge of the duties of this office, certified under his hand, shall be prima facie evidence of the facts stated in them.
AR Code § 14-186-202 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities|Chapter 186 - Harbors And Port Facilities Generally|Subchapter 2 - Municipal Port Authorities|§ 14-186-202. Construction

 (a) It is intended that the provisions of this subchapter shall be liberally construed to accomplish the purposes provided for, or intended to be provided for, in this subchapter.  (b) Where strict construction would result in the defeat of the accomplishment of any of the actions authorized in this subchapter and a liberal construction would permit or assist in the accomplishment of them, the liberal construction shall be chosen.
AR Code § 14-186-203 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities|Chapter 186 - Harbors And Port Facilities Generally|Subchapter 2 - Municipal Port Authorities|§ 14-186-203. Creation of authority — Members

 (a)  (1) The municipal port authority shall be created by ordinance of the governing body of the city or town and shall be an instrumentality of the city or town creating the authority.  (2)  (A) Any city or incorporated town in the State of Arkansas shall have the right, by ordinance, to create and set up a port authority.  (B)  (i) The authority shall consist of and be governed by a board of not less than five (5) members and not more than seven (7) members, one (1) of whom may be the mayor of the city or incorporated town creating the authority.  (ii) If the mayor is a member of the port authority, the mayor shall be chair.  (iii) If the mayor is not a member of the port authority, the chair shall be elected by the members of the authority.        (b)  (1) The members shall be appointed by the mayor of the city or town creating the authority and shall be qualified electors residing in the city or town or within the county in which the city or town is located.  (2)  (A)  (i) The members of the board shall be appointed for a period of one (1) year, two (2) years, three (3) years, four (4) years, and five (5) years, respectively.  (ii) If the authority consists of more than five (5) members, the new members shall initially be appointed for staggered terms so that in no year will more than two (2) members be appointed to a full five-year term.    (B)  (i) Upon the termination of office of each member, his or her successor shall be appointed for a term of five (5) years and shall serve until his or her successor has been appointed and qualified.  (ii) In the event of a vacancy, however caused, the successor shall be appointed by the mayor for the unexpired term.      (3)  (A) The board shall elect one (1) of their number as vice chair and shall elect a secretary and a treasurer who need not necessarily be members of the board.  (B) The authority shall require a surety bond of the treasurer appointee in such amount as the authority may fix, and the premiums on it shall be paid by the authority as a necessary expense of the authority.    (4) The board shall meet upon the call of its chair. A majority of all of its members shall constitute a quorum for the transaction of business.  (5) The members of the authority shall receive such compensation for their services as shall be determined and prescribed by the ordinance setting up and creating the authority.
AR Code § 14-186-205 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities|Chapter 186 - Harbors And Port Facilities Generally|Subchapter 2 - Municipal Port Authorities|§ 14-186-205. Authority — Activities in which city or town may engage

 Through the municipal port authority created under § 14-186-203, any city or incorporated town may engage in promoting, developing, acquiring, constructing, equipping, maintaining, and operating harbors, ports, river-rail terminals, barge terminals, parks for industrial and commercial operations and improvements, and facilities incident to them, within or without the corporate limits of the city or town, including the acquisition, construction, maintenance, and operation of such harbors, ports, river-rail terminals, barge terminals, parks for industrial and commercial operations, improvements, and facilities including, without limitation, highways, railroads, bridges, utilities, and other facilities necessary or essential for the proper operation of them, subject to the purposes and restrictions set forth in § 14-186-204.
AR Code § 14-186-206 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities|Chapter 186 - Harbors And Port Facilities Generally|Subchapter 2 - Municipal Port Authorities|§ 14-186-206. Jurisdiction

 The jurisdiction of a municipal port authority in any harbors, ports, or river-rail and barge terminals within the state shall extend over the waters and shores of the harbors or ports.
AR Code § 14-186-208 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities|Chapter 186 - Harbors And Port Facilities Generally|Subchapter 2 - Municipal Port Authorities|§ 14-186-208. Warehouse facilities — Proposals for lease or operation

 With regard to warehouse facilities used for commercial warehousing purposes mentioned in § subdivisions (1)-(4) and (8)-(10) of § 14-186-204(a) and § 14-186-204(b), and subdivisions (2), (3), and (10)-(13) of § 14-186-207, the authority, prior to entering into a new lease of existing warehouse facilities or into a lease of new warehouse facilities, in whole or in part, or prior to operating warehouse facilities for these purposes, in whole or in part, shall first publicly solicit proposals for the leasing or operation of the warehouse facilities for these purposes on such terms as shall be customary and usual in the commercial warehousing industry, and the authority shall accept such proposal as is commercially reasonable and in the authority's best interest.
AR Code § 14-186-209 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities|Chapter 186 - Harbors And Port Facilities Generally|Subchapter 2 - Municipal Port Authorities|§ 14-186-209. Operation of terminal railroads

 (a) A municipal port authority shall have the power and authority to acquire, own, lease, locate, install, construct, equip, hold, maintain, control, and operate at harbors, ports, and river-rail and barge terminals a line of terminal railroads with necessary sidings, turn outs, spurs, branches, switches, yard tracks, bridges, trestles, and causeways; and in connection therewith and appurtenant thereto, shall have the further right to lease, install, construct, acquire, own, maintain, control, and use any and every kind or character of motive power and conveyances or appliances necessary or proper to carry passengers, goods, wares, and merchandise over, along, or upon the tracks of the railroads or other conveyances.  (b)  (1) The authority shall have the right and authority to make agreements as to scale of wages, seniority, and working conditions with locomotive engineers, locomotive firemen, switchmen, switch engine foremen, and hostlers engaged in the operation of the terminal railroads provided for in this section, and the service and equipment pertinent to them.  (2) Should the authority exercise the power given in this section, then, in such event, it shall be the duty of the authority to make such agreements with the employees specified, in accordance with the act of Congress known as the Railway Labor Act, as amended, to the end that the same agreements as to seniority and working conditions will obtain as to the employees and that the standard rate of pay be provided, as are in force relative to like employees of interstate railroads operating in the same territory with terminal railroads authorized by this section.    (c) The authority shall have the right and power with its terminal railroads to connect with or cross any other railroad upon payment of just compensation and to receive, deliver to, and transport the freight, passengers, and cars of common carrier railroads as though it were an ordinary common carrier.
AR Code § 14-186-210 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities|Chapter 186 - Harbors And Port Facilities Generally|Subchapter 2 - Municipal Port Authorities|§ 14-186-210. Acquisition of rights-of-way and property

 (a) For the acquiring of rights-of-way and property necessary for the construction of terminal railroads and structures, including railroad crossings, airports, seaplane bases, naval bases, wharves, piers, ships, docks, quays, elevators, compresses, refrigeration storage plants, warehouses, and other riparian and littoral terminals and structures and approaches to them and transportation facilities needful for the convenient use of them, and belt line roads and highways and causeways and bridges and other bridges and causeways, a municipal port authority shall have the right and power to acquire them by purchase, by negotiation, or by condemnation.  (b)  (1) Should a municipal port authority elect to exercise the right of eminent domain, condemnation proceedings shall be maintained by and in the name of the authority, and it may proceed as provided by the general laws of the State of Arkansas for the procedure by any county, municipality, or authority organized under the laws of this state, or by the Arkansas Department of Transportation, or by railroad corporations, or in any other manner provided by law, as the authority may, in its discretion, elect.  (2) The power of eminent domain shall not apply to property of persons, state agencies, or corporations already devoted to public use.
AR Code § 14-186-211 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities|Chapter 186 - Harbors And Port Facilities Generally|Subchapter 2 - Municipal Port Authorities|§ 14-186-211. Exemptions for property

 The property of a municipal port authority shall not be subject to any taxes or assessments on it.
AR Code § 14-186-212 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities|Chapter 186 - Harbors And Port Facilities Generally|Subchapter 2 - Municipal Port Authorities|§ 14-186-212. Exchange of property, etc

 (a) A municipal port authority may exchange any property acquired under the authority of this subchapter for other property usable in carrying out the power conferred by this subchapter.  (b) The authority may also remove from lands needed for its purposes, and reconstruct on other locations, buildings, terminals, railroads, or other structures, upon the payment of just compensation if, in its judgment, it is necessary or expedient so to do in order to carry out any of its plans for port, harbor, or river-rail or barge terminal development, under the authorization of this subchapter.
AR Code § 14-186-213 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities|Chapter 186 - Harbors And Port Facilities Generally|Subchapter 2 - Municipal Port Authorities|§ 14-186-213. Transfer of property or money to federal government

 (a) A municipal port authority is authorized to assign, transfer, lease, convey, grant, or donate to the federal government, or to the appropriate agency or department of it, any, or all, of the property of the authority for any use by the federal government for any purpose included within the general purposes of this subchapter, as provided in this subchapter, such assignments, transfer, lease, conveyance, grant, or donation to be made upon such terms as the authority board may deem advisable.  (b) In the event the federal government should decide to undertake the acquisition, construction, equipment, maintenance, or operation of the airports, seaplane bases, naval bases, wharves, piers, ships, refrigerator storage plants, warehouses, elevators, compresses, docks, shipyards, shipping and transportation facilities referred to in this section including terminal railroads, roads, highways, causeways, or bridges, and should itself decide to acquire the lands and properties necessarily needed in connection with them, by condemnation or otherwise, the authority is further authorized to transfer and pay over to the federal government, or to the appropriate agency or department of it, such of the moneys belonging to the authority as may be found, needed, or reasonably required by the federal government to meet and pay the amount of judgments or condemnation, including costs, if any are taxed on them, as may be rendered from time to time against the federal government or its appropriate agency, or as may be reasonably necessary to permit and allow the federal government, or its appropriate agency, to acquire and become possessed of such lands and properties as are reasonably required for the construction and use of the facilities referred to in this section.
AR Code § 14-186-214 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities|Chapter 186 - Harbors And Port Facilities Generally|Subchapter 2 - Municipal Port Authorities|§ 14-186-214. Deposit and payment of funds

 (a) All municipal port authority funds shall be deposited in banks to be designated by the authority.  (b) No funds of the authority shall be disbursed except for a purpose authorized by this subchapter and only when the account or expenditure for which it is to be given in payment has been approved by the authority.