reglab/housing_qa huggingface dataset:
AR Code § 14-218-119 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 13 - Public Utility Improvement Districts|Chapter 218 - Consolidated Water And Light Improvement Districts|§ 14-218-119. Vesting of title in consolidated district — Liability of separate districts

 (a) As soon as the ordinance levying the assessment is passed, the title to the water system and plant, the title to the electric light system and plant theretofore acquired or constructed by separate water and light districts in the city, and the title to all other property of every kind and wherever situate owned by the separate districts shall vest in the consolidated district.  (b) The consolidated district shall be and become liable for all legal debts contracted by either of the separate districts and shall be obligated to pay them as they fall due.  (c)  (1) All valid mortgages, pledges, or liens made or given by the separate districts shall continue and remain in full force and effect until the debts which they secure have been paid and discharged.  (2) The separate districts shall remain severally liable, so far as their creditors are concerned, for all debts contracted by them until the debts shall have been discharged.    (d) As to the creditors of the separate districts, nothing in this chapter shall affect any uncollected assessments of the separate districts or the lien thereof until the respective debts of the districts have been paid in full.  (e) After the passage of the ordinance levying the assessments for the consolidated district, the assessments theretofore levied by the separate districts shall cease to be a lien as between grantor and grantee of real property located in the separate district.
AR Code § 14-218-120 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 13 - Public Utility Improvement Districts|Chapter 218 - Consolidated Water And Light Improvement Districts|§ 14-218-120. Conveyance of property to consolidated district

 (a) Upon the passage of the ordinance levying the assessment of the consolidated district, it shall be the duty of the board of improvement of the separate water district and the duty of the board of improvement of the separate light district in the city to execute and deliver proper conveyances of all property owned by them respectively to the consolidated district.  (b) These conveyances shall recite on their face that they are made subject to any valid incumbrance on the property conveyed and that the consideration for the conveyance is the obligation and agreement of the consolidated district to pay all valid debts of the conveying districts.  (c) These instruments shall be acknowledged and recorded.
AR Code § 14-218-121 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 13 - Public Utility Improvement Districts|Chapter 218 - Consolidated Water And Light Improvement Districts|§ 14-218-121. Retirement of bonds of separate districts before maturity

 (a) The board of improvement of the consolidated district is authorized to pay any notes or bonds given by either of the separate districts before the notes or bonds become due including accrued interest on the notes or bonds up until the date of payment.  (b) In order to facilitate the retirement of the notes or bonds, the board at its option, may pay, in addition to the face value and accrued interest on any bond or note, a premium of not exceeding one-half of one percent (½ of 1%) for each full year that the payment of the note or bond is anticipated.
AR Code § 14-218-122 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 13 - Public Utility Improvement Districts|Chapter 218 - Consolidated Water And Light Improvement Districts|§ 14-218-122. Annual revision of assessments

 (a) The board of assessors of a consolidated district shall annually revise and readjust the assessment of property made by them for the district.  (b) The annual readjustment shall be made, and the list showing it filed with the city clerk at least ninety (90) days before the date fixed by the city council of the city for the collection of the annual installments of the assessments of the district.  (c)  (1) In making the annual revision and readjustment, the board of assessors shall have no power to increase the assessment or make any new assessment against any tract of land except to cover the increased value by reason of improvements actually placed on the land since the making of the first assessment or the last annual readjustment thereof, or to cover the increased or new benefits derived by any property by reason of new improvements, extensions, repairs, or replacements to the consolidated system made, or to be made, in accordance with additional plans filed as provided in § 14-218-108(b).  (2) The aggregate amount of the assessed benefits of all property in such districts, as shown by the assessment originally made, shall not be diminished by any readjustment or revision.    (d) The failure of the assessors of the districts to revise and readjust annually the assessment of the districts shall not invalidate or affect in any way the original assessment.  (e) At the time of making the annual readjustment and revision, the board of assessors may correct and amend the description of any property improperly described in the original assessment, or any previous revision thereof.
AR Code § 14-218-123 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 13 - Public Utility Improvement Districts|Chapter 218 - Consolidated Water And Light Improvement Districts|§ 14-218-123. Revised assessment list filed with city clerk — Notice

 (a) Immediately after making the annual readjustment and revision, the board of assessors shall file with the city clerk a list of the tracts, lots, and parcels of land upon which the assessment has been charged by them. This list shall show the name of the owner of each tract, lot, and parcel of land and the value of the benefits to accrue to each of the tracts as fixed by them at the annual readjustment.  (b) The clerk shall insert in a newspaper published in the county in which the city is located the following notice:    “The list showing the annual readjustment of the assessment of the Consolidated Water & Light District , was filed in my office on the day of , 19 . Clerk.”   Click to view form.
AR Code § 14-218-124 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 13 - Public Utility Improvement Districts|Chapter 218 - Consolidated Water And Light Improvement Districts|§ 14-218-124. Appeal from reassessment

 (a) Any owner of real estate located in the district, at any time within five (5) days from the giving of the notice, may appeal from the action of the board of assessors in readjusting or refusing to readjust the assessment against his property by filing with the clerk, in writing, his notice of appeal from the action of the board of assessors.  (b) The appeal shall be heard and disposed of at the next meeting of the city council.  (c) The city council shall enter upon its minutes the result of its findings on the appeal and shall have a copy of its findings certified to the board of assessors who shall make their assessment conform thereto if any change has been made therein by the council.  (d) Any person who shall fail to begin legal proceedings for the purpose of correcting or invalidating the readjustment or any new assessment against his property within thirty (30) days from the publication of the notice provided for in § 14-218-123 shall be forever barred and precluded.
AR Code § 14-218-125 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 13 - Public Utility Improvement Districts|Chapter 218 - Consolidated Water And Light Improvement Districts|§ 14-218-125. Computation of tax upon reassessment

 The annual tax or installment shall be computed and extended upon the assessment as readjusted and revised as hereinbefore provided by the clerk without further ordinance or levy by the council.
AR Code § 14-218-126 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 13 - Public Utility Improvement Districts|Chapter 218 - Consolidated Water And Light Improvement Districts|§ 14-218-126. Delinquency

 (a) If any assessment made under this chapter shall not be paid within the time mentioned in the notice published by the collector, the collector shall add thereto a penalty of twenty percent (20%) and shall at once return a list of the property on which the assessments have not been paid to the board of improvement as delinquent.  (b)  (1) The board shall thereupon proceed to collect the delinquent assessments by filing a complaint in equity in the court having jurisdiction of suits for the enforcement of liens upon real property.  (2) The pleadings, service, right and time of redemption, time and manner of taking appeal, and all procedure, both in the lower court and on appeal, shall be governed by the general statutes providing for such suits by improvement districts in cities and towns.
AR Code § 14-218-127 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 13 - Public Utility Improvement Districts|Chapter 218 - Consolidated Water And Light Improvement Districts|§ 14-218-127. Operation of plants by city — Use of income

 (a) The city in which the consolidated district is located, through its proper officers, shall have full power and authority to operate the consolidated plant and system acquired and improved by the consolidated district instead of the board of improvement of the consolidated district.  (b) The city may supply water, light, and power to private consumers and make and collect proper charges for such service; the gross income derived therefrom shall be first devoted by the city to the payment of operating expenses.  (c) The income derived from the operation after paying operating expenses shall be annually paid by the city to the board of improvement.  (d) So much of the amount so received by the board of improvement as may be necessary for the purpose shall be used by the board of improvement for the maintenance and improvement of the consolidated system. Any balance not so expended may be used by the board of improvement in paying indebtedness theretofore incurred by the consolidated district.  (e) None of the provisions of this section shall apply to any consolidated improvement district or districts consolidated by a special act of the General Assembly.
AR Code § 14-218-128 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 13 - Public Utility Improvement Districts|Chapter 218 - Consolidated Water And Light Improvement Districts|§ 14-218-128. Use of funds for improvements outside city

 It shall be lawful for money raised by assessment in the district to be expended in the purchase of lands or erection of houses, reservoirs, or other improvements outside of the limits of the city in which the district is located, which may be necessary for the proper construction and operation of the waterworks and electric light plant.
AR Code § 14-218-129 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 13 - Public Utility Improvement Districts|Chapter 218 - Consolidated Water And Light Improvement Districts|§ 14-218-129. Powers of board concerning improvements

 (a) The board of improvement shall have control of the construction of improvements of the district.  (b) The board may:  (1) Advertise for proposals for doing any work by contracts and may accept or reject any proposals;  (2) Appoint all necessary agents and engineers for carrying on the work and making plans herein provided and may fix their pay;  (3) Buy all necessary material and implements;  (4) Sell any such material or implements as may be on hand and which may not be necessary for the completion of the improvement under way or which may have been completed; and  (5) In general, make all contracts in the prosecution of the work as may best subserve the public interest.
AR Code § 14-218-130 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 13 - Public Utility Improvement Districts|Chapter 218 - Consolidated Water And Light Improvement Districts|§ 14-218-130. Contractors' bonds

 All contractors shall be required to give bond for the faithful performance of such contracts as may be awarded them, with good and sufficient securities, in an amount equal to the amount of the contract work. The board shall not remit or excuse the penalty or forfeiture of the bond or the breaches thereof.
AR Code § 14-218-131 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 13 - Public Utility Improvement Districts|Chapter 218 - Consolidated Water And Light Improvement Districts|§ 14-218-131. Bonds — Issuance

 (a) In order to hasten the work provided for in the original or any additional or supplementary plans and to pay the indebtedness owed by any separate district whose plant or system is acquired by such consolidated district, the board may borrow money at a rate or rates of interest as provided by the resolution authorizing issuance of bonds.  (b) In order to carry out any of the above purposes, the board may sell bonds which may be secured by a mortgage of uncollected assessments or a part of same and by a mortgage on the consolidated plant and system. The sale of all bonds shall be at public auction after notice of such sale has been published one (1) time a week for two (2) weeks in some newspaper published and having a bona fide circulation in the county in which the district is located.  (c) Mortgages given by the board shall have priority in the order of their recording.  (d) The total outstanding indebtedness of the district, excluding interest, shall never exceed fifty percent (50%) of the assessed value of the real estate in the district, as shown by the last county assessment.
AR Code § 14-218-132 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 13 - Public Utility Improvement Districts|Chapter 218 - Consolidated Water And Light Improvement Districts|§ 14-218-132. Additional assessments

 (a) If the assessment first levied shall be insufficient to complete the improvement and pay the debts of the district, additional assessments may be levied and collected from time to time.  (b)  (1) The total assessment against any piece of property shall never exceed the benefits received by it.  (2) The total assessments collected from all the property in the district under the provisions of this chapter shall not exceed fifty (50) percent of the assessed value of all property in the district for state and county purposes, according to the assessment list on file at the time of the publication of the ordinance creating the district.
AR Code § 14-218-133 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 13 - Public Utility Improvement Districts|Chapter 218 - Consolidated Water And Light Improvement Districts|§ 14-218-133. Eminent domain

 (a) The right of eminent domain is conferred upon any consolidated district for the purpose of securing any lands or rights-of-way needed in making an improvement.  (b) Suits brought by the board for condemnation of lands or rights-of-way shall be deemed cases of public interest and shall be advanced both by the circuit courts and Supreme Court.  (c) Upon the filing of a condemnation suit in the circuit court, the court or judge in vacation may designate an amount of money to be deposited by the district subject to the order of the court and for the purpose of making compensation when the amount thereof shall have been assessed at the trial of the cause, and the court or judge in vacation shall designate the place of the deposit.  (d) Whenever the deposits shall have been made in compliance with order of the court or judge, it shall be lawful for the district to enter upon the land and proceed with their work prior to the assessment and payment of damages for the use and right to be determined in the suit.
AR Code § 14-219-101 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 13 - Public Utility Improvement Districts|Chapter 219 - Lease Or Sale Of Utility Plants|§ 14-219-101. Lease

 (a) The board of commissioners of any improvement district, operating a system of waterworks, gas plants, or electric plants belonging to and owned by any improvement district, may lease the system of waterworks, gas plants, or electric plants for such period of time and upon such terms and conditions as the board of commissioners may deem for the best interest of the district.  (b) The lessees shall be required to maintain, keep in repair, and return the plant to the district in as good condition as when received, ordinary wear and tear excepted, but the maintenance contemplated shall permit more modern or suitable machinery or equipment, equally as efficient to perform the service required, to be installed in place of machinery or equipment then in use.  (c) No lease shall be made except to persons, firms, or corporations holding a franchise to operate a system of waterworks, gas plants, or electric plants in the city or town in which the plant or system to be leased is situated.  (d) No plant shall be taken over for operation under the provisions hereof unless and until the lessee files with the district an approved bond, in such sum as the board of commissioners may require, for the faithful fulfillment of the terms of the lease.
AR Code § 14-219-102 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 13 - Public Utility Improvement Districts|Chapter 219 - Lease Or Sale Of Utility Plants|§ 14-219-102. Sale

 (a) The board of commissioners of any improvement district owning a system of waterworks, gas plants, or electric plants may sell the system or any of them, together with the right to operate them, when they shall determine by resolution adopted by a majority vote of the board that it would be for the best interest of the district that the sale be consummated.  (b)  (1) Before any sale shall be consummated, there shall be filed within one (1) year after the adoption of the resolution, with the board of commissioners of the improvement district, a petition, signed by a majority in value as shown by the last county assessment of the owners of real property within the improvement district proposing to make the sale, asking that such sale be made and stating the minimum price at which such sale shall be made. In no event shall the minimum price be a sum less than the amount necessary to pay all the outstanding secured indebtedness against the plant or system.  (2) Upon the filing of this petition, the board of commissioners shall give notice, by publication one (1) time a week for two (2) weeks in a newspaper published in the county in which the improvement district may lie, advising the owners of real property within the improvement district that on a day therein named the board of commissioners of the improvement district will hear the petition and determine whether those signing the petition constitute a majority in value of such owners of real property.  (3) At the meeting named in the notice, the owners of real property within the improvement district shall be heard before the board of commissioners, which shall determine whether the signers of the petition constitute a majority in value. The finding of the board of commissioners shall be conclusive, unless within thirty (30) days thereafter suit is brought to review its action in the chancery court of the county in which the improvement district lies.  (4) In determining whether those signing the petition constitute a majority in value of the owners of the real property within the improvement district, the board of commissioners and the chancery court shall be guided by the records of deeds in the office of the recorder of the county and shall not consider any unrecorded instrument.
AR Code § 14-219-103 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 13 - Public Utility Improvement Districts|Chapter 219 - Lease Or Sale Of Utility Plants|§ 14-219-103. Payment — Bond

 (a) Where the sale price is an amount greater than the outstanding secured indebtedness of the district, at least the excess over the amount of the secured indebtedness shall be paid in cash.  (b)  (1) All deferred payments, if any, shall be secured by a bond for one and one-half (1½) times the total amount of the deferred payments, which bond shall be for the maintenance of the plant or system during the time of any outstanding secured indebtedness and for the prompt payment of any interest or principal on any secured indebtedness as and when it shall fall due.  (2) The bond shall be further conditioned that the purchaser will maintain insurance upon the plant for an amount to be agreed upon, with a “loss payable” clause for the benefit of the district making the sale as its interest may appear.  (3) The bond herein provided for shall be approved by the board of commissioners.  (4) The bond provided for in this section and § 14-219-101 shall be made by a corporate surety company authorized to do business in the State of Arkansas.
AR Code § 14-219-104 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 13 - Public Utility Improvement Districts|Chapter 219 - Lease Or Sale Of Utility Plants|§ 14-219-104. Deed of conveyance — Sale of all property — Satisfaction of lien

 (a) The transfer of property under this chapter shall be evidenced by a deed of conveyance in the usual form and with the usual covenants or warranty. However, a lien against the property sold shall be retained in the deed for all of the unpaid sale price with the right, upon default of payment of any interest or indebtedness when it falls due, to declare all of the unpaid sale price due and payable and to proceed to a foreclosure. The deed of conveyance shall be executed on behalf of any improvement district by the chairman and secretary of the board of commissioners.  (b) A receipt duly executed by a majority of the board of commissioners of an improvement district shall release the purchaser from further liability for the payment of the amount recited in the receipt.  (c) The sale of all the property of an improvement district shall not work a forfeiture of the corporate entity of the district until all of the secured indebtedness of the district shall have been paid.  (d) Upon the payment of all indebtedness for which a lien may be retained in the deed of conveyance, the chairman and secretary of the board of commissioners of an improvement district are authorized and directed to satisfy the lien by a deed or release, or by marginal entry upon the deed records where it may be recorded.
AR Code § 14-219-105 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 13 - Public Utility Improvement Districts|Chapter 219 - Lease Or Sale Of Utility Plants|§ 14-219-105. Use of initial payment

 The proceeds of any initial cash payment from the sale of any plant or system of any improvement district shall be applied first to the payment of all unsecured debts outstanding against the district on account of the plant or system. The remainder shall be, by the commissioners, placed in the treasury of the city or town wherein such plant or system is located to become a part of the general fund of the city or town.