reglab/housing_qa huggingface dataset:
AR Code § 14-199-701 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 12 - Public Utilities Generally|Chapter 199 - General Provisions|Subchapter 7 - Municipal Utility Systems|§ 14-199-701. Authority to lease or contract with nonprofit corporation

 (a) Any city of the first class, city of the second class, and incorporated town owning a waterworks system, sewer system, gas system, electric system, television signal distribution system, other municipal utility system, or any combination thereof, may lease such system or systems to any nonprofit corporation organized under the laws of the State of Arkansas, or may contract with any such nonprofit corporation, for the purpose of the management and operation of such system or systems for such period of time and upon such terms and conditions as may be deemed to be in the best interests of the city or town.  (b) The nonprofit corporation shall manage and operate the utility system or systems solely on behalf of the city or town and shall be deemed an instrumentality thereof for such purpose.  (c) No such lease or contract shall contain an option to purchase or otherwise transfer ownership to such utility system or systems, nor shall any such lease or contract have a term which is more than eighty percent (80%) of the reasonably expected economic life of the utility system or systems.  (d) The directors of the nonprofit corporation shall be nominated by its members, and the members and directors shall be approved by the council, board of directors, or other like body in which the legislative functions of a municipality are vested and shall be residents of the city or town.  (e) The provisions of subsections (b) and (d) of this section shall not apply to nonprofit corporations formed under the provisions of § 23-18-301 et seq., and nothing in this subchapter shall act to prevent or prohibit a city or town from entering into a lease or contract with such a nonprofit corporation for the purposes set out in subsection (a) of this section.
AR Code § 14-199-702 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 12 - Public Utilities Generally|Chapter 199 - General Provisions|Subchapter 7 - Municipal Utility Systems|§ 14-199-702. Subchapter supplemental

 It is the specific intent of this subchapter that the provisions of this subchapter are supplemental to other constitutional or statutory provisions which may provide for the leasing of or contracting for the management and operation of municipal utility systems.
AR Code § 14-201-101 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 12 - Public Utilities Generally|Chapter 201 - Municipal Boards And Commissions|Subchapter 1 - Cities of the First Class Generally|§ 14-201-101. Scope of subchapter

 (a) Any water or waterworks commission in this state now operating under §§ 14-234-301 — 14-234-309 shall be excluded from all the provisions of this subchapter.  (b) Any city of the first class operating a municipally owned electric light plant and system and electing the commissioners thereof by popular vote prior to January 1, 1956, under the provisions of subchapter 2 of this chapter shall not be governed by this subchapter but shall continue to operate their municipally owned light plants under that subchapter and other applicable legislation and any ordinance passed pursuant to that subchapter.  (c) Any cities of the first class heretofore operating a municipally owned water system, sewer system, or any other municipally controlled improvement district, which have been consolidated under and controlled by a specially created board of directors under any special act of the General Assembly, and particularly Acts 1923, No. 487, shall be exempt from the operation of this subsection and shall continue to operate under the acts providing for their creation.
AR Code § 14-201-102 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 12 - Public Utilities Generally|Chapter 201 - Municipal Boards And Commissions|Subchapter 1 - Cities of the First Class Generally|§ 14-201-102. Construction of subchapter

 (a)  (1) Nothing in this subchapter shall be construed to reduce or take away any of the powers or authority of the city council or other governing body, at the request of the commission, to authorize the issuance of bonds or other evidences of indebtedness under other applicable legislation.  (2) Nothing in this subchapter shall be construed to affect bonds previously so issued or other obligations previously so incurred which are ratified and confirmed.    (b) Nothing in this subchapter shall be construed to authorize any municipality or commission to issue revenue bonds or other evidences of debt or to pledge electric property, for the purpose of acquiring or paying the cost of acquisition by purchase, condemnation, or otherwise of any electric light and power plants, system, or other facilities, or any part thereof, owned or operated by another utility without the consent of such utility.
AR Code § 14-201-103 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 12 - Public Utilities Generally|Chapter 201 - Municipal Boards And Commissions|Subchapter 1 - Cities of the First Class Generally|§ 14-201-103. Applicability of subchapter

 The provisions of this subchapter shall not apply to any commission, agency, or board created otherwise than pursuant to this subchapter by any city of the first class for the purpose of operating and managing the city's waterworks or electric system.
AR Code § 14-201-104 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 12 - Public Utilities Generally|Chapter 201 - Municipal Boards And Commissions|Subchapter 1 - Cities of the First Class Generally|§ 14-201-104. Powers of city council

 (a)  (1) Any city of the first class owning and operating either a waterworks and distribution system or electrical light plant and system, or both, may by appropriate action by its city council or other governing body create a commission pursuant to this subchapter for the purpose of operating and managing the waterworks and distribution system or electrical light plant and system or both.  (2) The ordinance, resolution, or other action creating a commission shall specifically state that the commission is created pursuant to this subchapter.    (b) The city council or other governing body may enact whatever measures may be found necessary to carry out the purposes of this subchapter.
AR Code § 14-201-105 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 12 - Public Utilities Generally|Chapter 201 - Municipal Boards And Commissions|Subchapter 1 - Cities of the First Class Generally|§ 14-201-105. Creation of commission — Members

 (a)  (1) Any city of the first class in which it is desired to establish such a utility commission, by a majority vote of the city council, shall enact an ordinance creating a commission to be composed of five (5) citizens who are qualified electors of the county and not less than thirty-five (35) years of age.  (2) The ordinance, resolution, or other action creating a commission shall specifically state that the commission is created pursuant to this subchapter.    (b) The commissioners shall be appointed by the mayor and confirmed by a two-thirds vote of the city council.  (c) A member of the commission shall not be an officer, director, or employee of a private utility company.  (d)  (1) There shall be five (5) positions on the commission.  (2) The person appointed to:  (A) Position number one (1) shall serve for a term of one (1) year;  (B) Position number two (2) shall serve for a term of two (2) years;  (C) Position number three (3) shall serve for a term of three (3) years;  (D) Position number four (4) shall serve for a term of four (4) years; and  (E) Position number five (5) shall serve for a term of five (5) years.    (3) Successor members shall be appointed for a term of five (5) years.    (e) All vacancies occurring in the membership of the commission due to death, resignation, or other causes shall be filled by the mayor appointing a person to fill the unexpired term of the membership so vacated, subject to the approval of two-thirds (2/3) of the city council.  (f) Successors to members of the commission whose terms have expired or who fill the unexpired portion of a term shall be appointed by the mayor, subject to the approval of two-thirds (2/3) of the city council.
AR Code § 14-201-106 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 12 - Public Utilities Generally|Chapter 201 - Municipal Boards And Commissions|Subchapter 1 - Cities of the First Class Generally|§ 14-201-106. Compensation of commissioners

 The commissioners shall receive ten dollars ($10.00) per day while attending meetings of the commission. In addition, they shall be reimbursed for expenses incurred for necessary travel, meals, and lodging while attending to the business of the commission away from the city and for other necessary expenses incurred in the performance of the business of the commission.
AR Code § 14-201-107 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 12 - Public Utilities Generally|Chapter 201 - Municipal Boards And Commissions|Subchapter 1 - Cities of the First Class Generally|§ 14-201-107. Oath of commissioners

 Before entering upon their duties as commissioners, each member of the commission shall take the oath prescribed by Arkansas Constitution, Article 19, § 20.
AR Code § 14-201-108 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 12 - Public Utilities Generally|Chapter 201 - Municipal Boards And Commissions|Subchapter 1 - Cities of the First Class Generally|§ 14-201-108. Removal from office of commissioner

 A member of the commission may be removed from office by the mayor and a two-thirds (2/3) vote of the city council for malfeasance, misfeasance, nonfeasance, or other misconduct.
AR Code § 14-201-109 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 12 - Public Utilities Generally|Chapter 201 - Municipal Boards And Commissions|Subchapter 1 - Cities of the First Class Generally|§ 14-201-109. Abolition of commission

 (a)  (1) A utility commission established under this subchapter by the city council or other governing body may be abolished by a majority vote of the city council or other governing body.  (2) No abolishment of any such commission, whether pursuant to the provisions of this subchapter or otherwise, shall affect the rights, properties, or obligations held or incurred by the commission.    (b)  (1) If twenty-five percent (25%) of the electors of the city petition the city council to do so, a special election shall be ordered in accordance with § 7-11-201 et seq. not later than fourteen (14) days from the date on which the petition was filed to be held at least ninety (90) days after the order on the question whether the utility commission shall be abolished or continued.  (2) A majority vote of the electorate shall determine the question.
AR Code § 14-201-110 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 12 - Public Utilities Generally|Chapter 201 - Municipal Boards And Commissions|Subchapter 1 - Cities of the First Class Generally|§ 14-201-110. General powers of commission

 (a)  (1) The commission shall have full power to manage, operate, improve, extend, maintain, and contract concerning the municipal waterworks and distribution system or electric light plant and system, or both, and has full power to employ or remove any and all assistants and employees and to fix, regulate, and pay their salaries.  (2) Without limiting the generality of the foregoing, the commission is empowered to acquire, construct, and equip any and all facilities, consisting of real property, personal property, or mixed property of any and every kind, which in the judgment of the commission are necessary or useful as a part of or in connection with the municipal waterworks and distribution system or electric light plant and system, or both including, without limitation, facilities for the generation of electric power and related transmission facilities, which may be located within or without the corporate boundaries of the city. In furtherance of its authority to construct facilities for the distribution or transmission of electric energy and to provide its customers reliable utility service, the commission is granted the right of eminent domain outside the corporate limits of the municipality creating the commission, but subject to the provisions of § 14-201-102(b) and only within the contiguous service territory as heretofore or hereafter granted to the municipality by the Arkansas Public Service Commission and in accordance with the procedures of §§ 18-15-301 — 18-15-308 and as those sections may be amended.    (b)  (1) The commission is empowered to establish rates for water, or electricity, or both, and it may change the rates when the facts so warrant.  (2) The commission is empowered to execute long-term contracts for utility service, subject to the power to change the rates applicable to them as set out in this section.
AR Code § 14-201-111 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 12 - Public Utilities Generally|Chapter 201 - Municipal Boards And Commissions|Subchapter 1 - Cities of the First Class Generally|§ 14-201-111. Authority to borrow, issue bonds or notes — Pledge of revenues

 (a) The commission may borrow money and issue negotiable evidences of debt therefor either in the form of bonds or short-term notes, and it may execute such negotiable notes or bonds to obtain the funds needed to carry out its functions.  (b) The commission may also pledge its revenues including the income from operations, and it may mortgage waterworks or electric system property to secure the payment of money borrowed.
AR Code § 14-201-112 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 12 - Public Utilities Generally|Chapter 201 - Municipal Boards And Commissions|Subchapter 1 - Cities of the First Class Generally|§ 14-201-112. Bonds or notes — Issuance generally

 The issuance of bonds or notes shall be by a resolution of the commission.
AR Code § 14-201-113 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 12 - Public Utilities Generally|Chapter 201 - Municipal Boards And Commissions|Subchapter 1 - Cities of the First Class Generally|§ 14-201-113. Bonds or notes — Terms and conditions

 (a) The bonds or notes may:  (1) Be coupon bonds payable to bearer, subject to registration as to principal or as to principal and interest, or fully registered bonds without coupons;  (2) Contain exchange privileges;  (3) Be issued in one (1) or more series;  (4) Bear such date or dates;  (5) Mature at such time or times;  (6) Bear interest at such rate or rates;  (7) Be in such form;  (8) Be executed in such manner;  (9) Be payable in such medium of payment, at such place or places;  (10) Be subject to such terms of redemption in advance of maturity at such prices; and  (11) Contain such terms, covenants, and conditions as the resolution may provide, including, without limitation, those pertaining to:  (A) The custody and application of the proceeds of the bonds or notes;  (B) The collection and disposition of revenues;  (C) The maintenance of various funds and reserves;  (D) The investing and reinvesting of any moneys during periods not needed for authorized purposes;  (E) The nature and extent of the security;  (F) The rights, duties, and obligations of the commission and the trustee for the holders or registered owners of the bonds or notes; and  (G) The rights of the holders or registered owners of the bonds or notes.      (b) The bonds and notes shall have all the qualities of negotiable instruments under the laws of the State of Arkansas, subject to the provisions for registration set forth herein.
AR Code § 14-201-114 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 12 - Public Utilities Generally|Chapter 201 - Municipal Boards And Commissions|Subchapter 1 - Cities of the First Class Generally|§ 14-201-114. Bonds or notes — Trust indenture

 (a) The authorizing resolution may provide for the execution of a trust indenture by the commission with a bank or trust company within or without the State of Arkansas.  (b) The trust indenture may control the priority between successive issues and may contain any other terms, covenants, and conditions that are deemed desirable by the commission, including, without limitation, those pertaining to:  (1) The custody and application of the proceeds of the bonds or notes;  (2) The collection and disposition of revenues;  (3) The maintenance of various funds and reserves;  (4) The investing and reinvesting of any moneys during periods not needed for authorized purposes;  (5) The nature and extent of the security;  (6) The rights, duties, and obligations of the commission and the trustee for the holders or registered owners of the bonds; and  (7) The rights of the holders or registered owners of the bonds or notes.
AR Code § 14-201-115 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 12 - Public Utilities Generally|Chapter 201 - Municipal Boards And Commissions|Subchapter 1 - Cities of the First Class Generally|§ 14-201-115. Bonds or notes — Contents

 It shall be plainly stated on the face of each bond or note that it has been issued under the provisions of this subchapter and that it does not constitute an indebtedness of the city within any constitutional or statutory limitation.
AR Code § 14-201-116 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 12 - Public Utilities Generally|Chapter 201 - Municipal Boards And Commissions|Subchapter 1 - Cities of the First Class Generally|§ 14-201-116. Bonds or notes — Sale

 The bonds or notes may be sold at public or private sale, for such price, including, without limitation, sale at a discount, and in such manner as the commission may determine by resolution.
AR Code § 14-201-117 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 12 - Public Utilities Generally|Chapter 201 - Municipal Boards And Commissions|Subchapter 1 - Cities of the First Class Generally|§ 14-201-117. Bonds or notes — Nature of indebtedness

 (a) The bonds and notes shall not be general obligations of the city, but shall be special obligations payable from and secured by a pledge of revenues derived from the city's waterworks or electric system and otherwise secured as provided in this subchapter.  (b) In no event shall the bonds and notes constitute an indebtedness of the city within the meaning of any constitutional or statutory limitation.
AR Code § 14-201-118 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 12 - Public Utilities Generally|Chapter 201 - Municipal Boards And Commissions|Subchapter 1 - Cities of the First Class Generally|§ 14-201-118. Bonds or notes — Priority among issues

 Priority between successive issues may be controlled by the resolution.
AR Code § 14-201-119 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 12 - Public Utilities Generally|Chapter 201 - Municipal Boards And Commissions|Subchapter 1 - Cities of the First Class Generally|§ 14-201-119. Refunding bonds or notes

 (a) Bonds or notes may be issued for the purpose of refunding any bonds or notes issued under this subchapter, or for the purpose of refunding any bonds or notes issued by the city creating the commission secured, in whole or in part, by waterworks or electric system revenues.  (b) Refunding bonds or notes may be combined with bonds or notes issued under the provisions of §§ 14-201-112 and 14-201-113 into a single issue.  (c)  (1) When refunding bonds or notes are issued, the bonds or notes may either be sold or delivered in exchange for the bonds or notes being refunded.  (2) If sold, the proceeds may be either applied to the payment of the bonds or notes being refunded or deposited in escrow for the retirement thereof.    (d) All refunding bonds and notes shall in all respects be issued and secured in the manner provided for other bonds and notes issued under this subchapter and shall have all the attributes of the bonds and notes.  (e) The resolution under which the refunding bonds or notes are issued may provide that any of the refunding bonds or notes shall have the same priority of lien on and security interest in waterworks or electric system revenues and the waterworks or electric system as was enjoyed by the bonds or notes refunded thereby.
AR Code § 14-201-120 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 12 - Public Utilities Generally|Chapter 201 - Municipal Boards And Commissions|Subchapter 1 - Cities of the First Class Generally|§ 14-201-120. Default in payment of notes or bonds — Receiver

 (a) If the commission defaults in the payment of any note or bond issued by it in either principal or interest, the holder of the note or bond or the trustee or mortgagee in any pledge, mortgage, or deed of trust given to secure it may bring suit for the enforcement thereof in the chancery court. Upon the filing of the suit, the holder is entitled to the immediate appointment of a receiver with power to take charge of all property of the commission and to operate it and collect the revenues arising therefrom.  (b) The appointment of a receiver shall be made as a matter of right, upon proof only of the default and of the plaintiff's right to bring suit as provided in this section.  (c) The receiver may be authorized to charge for service the rates in force at the time of his appointment; but, if the rates have been reduced to the prejudice of persons holding the obligations of the commission, the court may authorize the receiver to charge rates in accordance with the schedule in force when the obligation sued on was contracted, if the restoration of the higher rate is necessary to protect the rights of creditors.
AR Code § 14-201-121 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 12 - Public Utilities Generally|Chapter 201 - Municipal Boards And Commissions|Subchapter 1 - Cities of the First Class Generally|§ 14-201-121. Use of fees and charges — Pledges — Surplus

 (a) For so long as any bond or notes are outstanding and unpaid, the rates, fees, and charges for water and electricity charged and collected by the commission shall be fixed so as to provide revenues sufficient to pay all costs of and charges and expenses in connection with the proper operation and maintenance of the waterworks and electric light systems, respectively, and all necessary repairs, replacements, or renewals thereof; to pay when due the principal of, premium, if any, and interest on all bonds payable from such revenues; to create and maintain revenues as may be required by any resolution or trust indenture authorizing or securing bonds or notes; and to pay any and all amounts which the commission may be obligated to pay from such revenues by law or contract.  (b) Any pledge made by the commission pursuant to this subchapter shall be valid and binding from the date the pledge is made. The revenues so pledged and then held or thereafter received by the commission or any fiduciary on its behalf shall immediately be subject to the lien of the pledge without any physical delivery thereof or further act, and the lien of the pledge shall be valid and binding against all parties having claims of any kind in tort, contract, or otherwise against the commission without regard to whether such parties have notice thereof. The resolution, trust indenture, or other instrument by which a pledge is created need not be filed or recorded in any manner.  (c) Any surplus remaining after the expenditures authorized by this subchapter may be made available for other purposes of the city by resolution of the city council.
AR Code § 14-201-122 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 12 - Public Utilities Generally|Chapter 201 - Municipal Boards And Commissions|Subchapter 1 - Cities of the First Class Generally|§ 14-201-122. Meetings and records

 All meetings of the commission shall be open to the public, and all rules, regulations, and records of the commission are public records.