reglab/housing_qa huggingface dataset:
AR Code § 14-58-504 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 3 - Municipal Government|Chapter 58 - Fiscal Affairs of Cities and Incorporated Towns|Subchapter 5 - Financial Aid to School Districts|§ 14-58-504. Financial aid to state colleges and universities

 (a) Cities of the first or second class and incorporated towns in the State of Arkansas shall be empowered and authorized annually to grant financial aid to any state-supported college or university which is located in the city or town or which has facilities located within the city or town. The grant of financial aid shall be for the purpose of aiding or assisting the college or university in retiring any bonded indebtedness on any building or facilities within the city or town or for the purpose of paying for the operating expenses of the college or university for programs or facilities located within the city or town.  (b)  (1) The governing body of the city or incorporated town granting financial aid to a state-supported college or university shall do so by ordinance, which shall specify the time and amount of the payments to be made, the name of the college or university receiving the funds, and the source of the funds.  (2) The ordinance shall not be effective for more than a twelve-month period of time.    (c) The financial aid granted and paid to the state-supported college or university shall be paid out of donations or gifts received by the city or town for general purposes. No moneys of the city or town arising from a tax levied for a specific purpose shall be used for any grant of financial aid to a college or university, unless the tax has been levied for the specific purpose of granting financial aid to the college or university.
AR Code § 14-58-505 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 3 - Municipal Government|Chapter 58 - Fiscal Affairs of Cities and Incorporated Towns|Subchapter 5 - Financial Aid to School Districts|§ 14-58-505. Financial aid

 (a) Incorporated towns and cities of the first or second class, pursuant to an ordinance properly and lawfully adopted by their governing bodies, are empowered and authorized to annually grant financial aid to any public postsecondary educational institution located within their borders for the purpose of assisting the institution in paying its lawful expenses of operation.  (b) The ordinance shall be effective for a period of twelve (12) months.
AR Code § 14-58-601 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 3 - Municipal Government|Chapter 58 - Fiscal Affairs of Cities and Incorporated Towns|Subchapter 6 - Outstanding Municipal Warrants|§ 14-58-601. Duty to order presentment

 Whenever the council of any city or incorporated town in this state may deem it expedient to call in the outstanding warrants of the city or incorporated town in order to redeem, cancel, reissue, or classify them, or for any other lawful purpose whatsoever, it shall be the duty of the council of the city or town to make an order for that purpose fixing the time for the presentation of the warrants, which shall be at least three (3) months from the date of the order.
AR Code § 14-58-602 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 3 - Municipal Government|Chapter 58 - Fiscal Affairs of Cities and Incorporated Towns|Subchapter 6 - Outstanding Municipal Warrants|§ 14-58-602. Annual call permitted

 Annually, the council of any city or incorporated town may call in the outstanding warrants of the city or incorporated town or the floating evidence of indebtedness of the city or town for the purpose of cancelling and reissuing them.
AR Code § 14-58-603 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 3 - Municipal Government|Chapter 58 - Fiscal Affairs of Cities and Incorporated Towns|Subchapter 6 - Outstanding Municipal Warrants|§ 14-58-603. Notice of time and place for redemption, etc

 It shall be the duty of the clerk or recorder of the council of the city or incorporated town to notify the holders of the warrants to present them to the council at the time and place fixed for the redemption, cancellation, reissuance, or classification of the warrants, or for any other purpose whatever specified in the order of the council, by putting up, at the county courthouse door and at the election precincts in each ward in the city or town a true copy of the order of the council in the premises. This order shall be posted at least thirty (30) days before the time appointed by the order of the city or town council for the presentation of the warrants. It shall be published in newspapers printed and published in the State of Arkansas for two (2) weeks in succession, the last insertion to be at least thirty (30) days before the time fixed by the council for the presentation of the warrants.
AR Code § 14-58-604 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 3 - Municipal Government|Chapter 58 - Fiscal Affairs of Cities and Incorporated Towns|Subchapter 6 - Outstanding Municipal Warrants|§ 14-58-604. Failure to present

 All persons who hold any warrants of a city or incorporated town and neglect or refuse to present them as required by the order of the city or town council and the notice prescribed by § 14-58-603 shall thereafter be forever debarred from deriving any benefits from their claims.
AR Code § 14-58-605 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 3 - Municipal Government|Chapter 58 - Fiscal Affairs of Cities and Incorporated Towns|Subchapter 6 - Outstanding Municipal Warrants|§ 14-58-605. Rejection of indebtedness

 Whenever the warrants called in shall be presented to the municipal council, it shall be the duty of the council to examine them thoroughly and to reject all such evidences of indebtedness as in their judgment their city or town is not justly and legally bound to pay, subject to appeal to the circuit court.
AR Code § 14-72-101 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 72 - Bonds of Counties, Cities, and Towns|Subchapter 1 - General Provisions|§ 14-72-101. Municipal water and sewer revenue bonds for repayment of water pollution control grants

 (a) Any city of the first class, city of the second class, or incorporated town, hereinafter referred to as a “municipality”, which has received from the Division of Environmental Quality of the Department of Energy and Environment a water pollution control project grant funded from the proceeds of bonds of the division issued pursuant to §§ 8-5-301 — 8-5-318 [repealed] may issue water revenue bonds under the provisions of § 14-234-201 et seq., sewer revenue bonds under the provisions of §§ 14-235-201 — 14-235-224, or combined water and sewer revenue bonds for the purpose of refunding the bonds of the division issued to fund the grant.  (b) The refunding bonds may be combined with other bonds issued by the municipality under the provisions of § 14-234-201 et seq. and §§ 14-235-201 — 14-235-224 into a single issue.  (c) All bonds issued under this section shall in all respects be authorized, sold, issued, and secured in the manner provided for other bonds issued under § 14-234-201 et seq. and §§ 14-235-201 — 14-235-224 pursuant to which the refunding bonds are being issued.
AR Code § 14-72-102 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 72 - Bonds of Counties, Cities, and Towns|Subchapter 1 - General Provisions|§ 14-72-102. Transfer of unexpended balance of bond redemption fund to county hospital building fund

 In all cases where bonds have been issued in any county for the construction, reconstruction, or extension of any county hospital as authorized by Arkansas Constitution, Amendment 25 [repealed], and all bonds issued for those purposes by any county have been wholly retired, the county courts of those counties may by appropriate order transfer any balances remaining unexpended to the credit of the bond redemption funds in those counties to the county hospital building funds. The moneys may then be used for all purposes for which the county hospital building fund could be used.
AR Code § 14-72-201 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 72 - Bonds of Counties, Cities, and Towns|Subchapter 2 - Refunding Bonds of Counties Generally|§ 14-72-201. Authority to refund — Procedure

 (a) Any county of this state shall have the power and is authorized to refund its outstanding bonded indebtedness on terms the county court shall deem for the best interest of the county and to that end may issue negotiable bonds with interest coupons attached. Such refunding bonds either shall mature serially, the first principal payment to be not more than five (5) years after date, over a period of not more than forty (40) years from date thereof or shall mature on or before some fixed date not more than forty (40) years from date thereof, in which event the bonds shall provide for tender or call, or both, to be paid out of any surplus in the bond fund account.  (b) The county judge of the county may exchange refunding bonds for outstanding bonds of the county.  (c) The refunding bonds shall not be issued in a greater amount than the face value of the outstanding bonds then being refunded, and in no event shall the refunding bond bear a greater rate of interest than that borne by the bond for which it is exchanged.  (d) The new bonds shall bear the original signature of the county judge, under the seal of the county.  (e) This subchapter is intended to authorize only the refunding of valid, outstanding county funding, courthouse, or jail bonds.
AR Code § 14-72-202 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 72 - Bonds of Counties, Cities, and Towns|Subchapter 2 - Refunding Bonds of Counties Generally|§ 14-72-202. Form of bonds — Rights and remedies

 The refunding bonds:   (1) Shall be negotiable instruments;  (2) May have coupons evidencing interest, payable annually or semiannually; and  (3) Shall have all the rights of security and remedies for collection that are provided for the original bonds issued by the county.
AR Code § 14-72-203 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 72 - Bonds of Counties, Cities, and Towns|Subchapter 2 - Refunding Bonds of Counties Generally|§ 14-72-203. Certificates of indebtedness for interest due on refunded bonds and expense of issuing refunding bonds

 (a) In order to facilitate the refunding of its bonds, any county issuing refunding bonds may issue certificates of indebtedness bearing interest not to exceed five percent (5%) per annum, payable to bearer and negotiable, to cover matured interest due on outstanding bonds at the time they are exchanged for refunding bonds and may issue certificates of indebtedness, not bearing interest, payable to bearer, and negotiable, to cover the expenses of issuing refunding bonds.  (b) Both classes of certificates shall be paid out of the bond fund account of the county from any surplus that remains in the bond fund account in any year after the payment of the full amount of bonds and interest due that year on the refunding issue.  (c) Both classes of certificates of indebtedness issued in connection with an issue of refunding bonds shall be registered by the county treasurer, except that the certificates for expenses shall bear the early registration numbers to be followed by the certificates for interest. The certificates for interest shall be paid in numerical order of registration out of the money available for their payment.
AR Code § 14-72-204 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 72 - Bonds of Counties, Cities, and Towns|Subchapter 2 - Refunding Bonds of Counties Generally|§ 14-72-204. Tax for original bonds continued for refunding bonds

 The tax for the payment of the outstanding bonds levied by the quorum court of the county issuing the refunding bonds shall continue for the payment of the refunding bonds and certificates of indebtedness. If the tax proves insufficient to meet the maturities of the refunding bonds with interest, it shall be the duty of the quorum court of the county to increase the levy of taxes, but not beyond three (3) mills upon the dollar of the assessed valuation existing at the time of the levy.
AR Code § 14-72-205 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 72 - Bonds of Counties, Cities, and Towns|Subchapter 2 - Refunding Bonds of Counties Generally|§ 14-72-205. Refunding bonds under Arkansas Constitution, Amendment 17

 (a) Any county that has issued funding bonds, under Arkansas Constitution, Amendment 10, to take up its outstanding indebtedness which included any balance then due on the cost of construction of a courthouse or jail, or both, shall have the right to issue bonds under the provisions of Arkansas Constitution, Amendment 17 [repealed], and laws in aid thereof, to refund the same proportionate part of its outstanding funding bonds that the included balance of the cost of construction of a courthouse or jail, or both, was of the total indebtedness funded under Arkansas Constitution, Amendment 10.  (b) Before proceeding under this section to refund courthouse or jail indebtedness, the county court shall enter upon its records an order declaring what part of the funding bonds issued by the county under Arkansas Constitution, Amendment 10, represented indebtedness for the construction of a courthouse or a jail, or both, and what part represented general county indebtedness.  (c) This order shall be published one (1) time in some newspaper published in the county. If no suit is brought within thirty (30) days after the publication to review the correctness of the finding made in the order, the finding shall be conclusive of the proportionate part of the funding bond issue represented by indebtedness for the construction of a courthouse or a jail, or both, and shall not be open to further attack.  (d) In the event a county shall refund part of its outstanding funding bonds under the provisions of Arkansas Constitution, Amendment 17 [repealed], and the laws in aid thereof, the county court shall then have authority to refund the balance of the county's outstanding funding bonds under the provisions of this subchapter.
AR Code § 14-72-301 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 72 - Bonds of Counties, Cities, and Towns|Subchapter 3 - County Bonds for Courthouses and Jails|§ 14-72-301. Authority to issue

 Any county which has built, constructed, or extended a county courthouse or jail, or both, which has not been completely paid for and for which county warrants are now outstanding, may issue bonds through its county court to raise money to pay the indebtedness when authorized by a vote of the majority of the qualified electors of the county, voting on the question in the manner hereinafter provided.
AR Code § 14-72-302 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 72 - Bonds of Counties, Cities, and Towns|Subchapter 3 - County Bonds for Courthouses and Jails|§ 14-72-302. Interest, maturity, and sale

 (a) Bonds bearing interest at a rate not exceeding five percent (5%) per annum and maturing in not more than thirty-five (35) years may be issued by the county court in the name of the county when authorized by a vote of the qualified electors, and they may be exchanged for the warrants when the warrants are discounted at the rate of five percent (5%) per annum, from the date of the bonds to the date of the maturity of the warrants, or they may be issued only as the warrants mature.  (b) In the latter event, the bonds shall be dated in installments as the outstanding warrants mature and bear interest only from that date.  (c) The bonds may be sold at public auction or upon sealed bids after notice by publication once a week for at least three (3) insertions in some newspaper published and having a bona fide circulation in the county. The last insertion is to be not less than seven (7) days before the date of sale, or they may be exchanged at par for warrants maturing on their date.  (d) The county court may, in its discretion, advertise the sale in other newspapers or in financial journals.  (e) The validity of the bonds shall not be affected by the fact that any of the officers executing them may have died or gone out of office before their sale or delivery.  (f) The bonds shall be made serially through a term of years.  (g) They shall be executed by the county judge and attested by the county clerk and shall bear the seal of the county court.  (h) They may all be sold at once, or they may be sold in installments, from time to time, as the outstanding warrants mature.  (i) Bonds shall not be sold on a basis of less than par for five percent (5%) bonds.
AR Code § 14-72-303 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 72 - Bonds of Counties, Cities, and Towns|Subchapter 3 - County Bonds for Courthouses and Jails|§ 14-72-303. Submission of question to electors — Special election

 (a) If the county court decides that it would be advantageous to issue bonds under the authority of Arkansas Constitution, Amendment 17 [repealed], this section, and §§ 14-72-301, 14-72-302, and 14-72-304 — 14-72-307, it shall order the submission of the question to the qualified electors of the county at a special election to be held in accordance with § 7-11-201 et seq.  (b) In all other respects, the special election shall be held as provided by law for the conducting of general elections. It is made the duty of the sheriff of the county, by proclamation duly made and published for the time and in the manner provided by law, to give notice of the time and place of holding the election.
AR Code § 14-72-304 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 72 - Bonds of Counties, Cities, and Towns|Subchapter 3 - County Bonds for Courthouses and Jails|§ 14-72-304. Form of ballot — Returns — Appeal

 (a) In the order calling the election, the county court shall prescribe the form of the ballot, which shall show the amount of the proposed bond issue, its purpose, and the amount of tax necessary to be levied in order to pay the bonds with interest, which amount shall not exceed five (5) mills on the dollar.  (b) The election officers shall make their returns of the result of the election to the county court which shall then enter of record an order showing the number of votes cast in favor of the bond issue and the number cast against it, and the clerk of the court shall publish the order for one (1) insertion in some newspaper having a general circulation in the county.  (c) Any elector and any property owner of the county may appeal from the finding of the county court as to the result of the election within thirty (30) days thereafter. If no appeal is taken within that time, the finding shall be conclusive.
AR Code § 14-72-305 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 72 - Bonds of Counties, Cities, and Towns|Subchapter 3 - County Bonds for Courthouses and Jails|§ 14-72-305. Levy of special funding bond tax

 (a) If a majority voting in the election vote in favor of the issue of the bonds and the levy of the tax, then the quorum or levying court, at any regular, special, or adjourned term thereafter held, shall levy, in addition to all other taxes authorized by law to be levied against all taxable property in the county, a special funding bond tax of not exceeding five (5) mills on the dollar, of the assessed valuation of the property, for the payment of the bonds. This levy, when once made, shall continue and be in force from year to year and extended on the tax books and collected until sufficient funds are collected to pay off and discharge the bonds and interest thereon.  (b) The county court may call a special meeting of the quorum or levying court for the purpose of levying the tax.  (c) If the tax first levied proves insufficient to pay the bonds with interest, it shall be the duty of the quorum or levying court to make the additional levies at a rate not exceeding five (5) mills on the dollar till the bonds with interest are paid.  (d) The proceeds of the tax shall be used only for the payment of the bonds with the interest, and the tax shall be and is pledged as security for the payment of bonds and shall never be diverted to or expended for any other purpose, nor collected for any greater amount or length of time than is necessary to pay and retire the principal and interest of the bonds.
AR Code § 14-72-306 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 72 - Bonds of Counties, Cities, and Towns|Subchapter 3 - County Bonds for Courthouses and Jails|§ 14-72-306. Publication — Sale of bonds

 (a) Bonds that may be issued to pay for courthouses or jails, or both, which may be built or extended, shall be sold only at public auction or on sealed bids after notice given by order of the county court and published once a week for at least three (3) insertions in some newspaper published and having a bona fide circulation in the county, the last insertion to be not less than seven (7) days before the date of sale.  (b) The notice shall state the amount and maturities of the bonds and the purposes for which they are issued.  (c) The county court may reject any and all bids for any bonds within the scope of this subchapter, and may order a new publication and a new sale, to be conducted in like manner; but the sale must always be to the highest bidder.  (d) Bonds may be sold on condition that they are to be delivered and paid for in installments as the work progresses, but that condition must appear in the notice, which may provide for bids in the alternative for cash or for payment and delivery in installments.  (e) The county court may, if it deems it advisable, advertise the sale in financial journals or in other newspapers published within or without the state.
AR Code § 14-72-307 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 72 - Bonds of Counties, Cities, and Towns|Subchapter 3 - County Bonds for Courthouses and Jails|§ 14-72-307. Quorum court to levy tax

 Whenever, at an election called for the purpose of authorizing the construction, reconstruction, or extension of any county courthouse or county jail, a majority voting in the election vote for such building or buildings, as the case may be, and for the necessary tax, the county court may, by order entered of record, call a special meeting of the quorum or levying court for the purpose of levying the tax authorized at the election; and it shall be the duty of the levying court to meet at the time specified in the order of the county court and to levy the tax authorized by the vote of the electors as aforesaid.
AR Code § 14-72-501 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 72 - Bonds of Counties, Cities, and Towns|Subchapter 5 - Refunding Municipal Bonds Issued Under Arkansas Constitution, Amendment 13|§ 14-72-501. Application of subchapter — Successive refunding

 (a) The power and authority granted by this subchapter may be exercised successively.  (b) Any bonds which have once been refunded under this subchapter may thereafter, from time to time, be refunded.
AR Code § 14-72-502 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 72 - Bonds of Counties, Cities, and Towns|Subchapter 5 - Refunding Municipal Bonds Issued Under Arkansas Constitution, Amendment 13|§ 14-72-502. Authority to refund — Issuance

 Any city of the first or second class of this state shall have the power and is authorized to refund, in whole or in part, from time to time, its valid outstanding bonds issued under Arkansas Constitution, Amendment 13 [repealed]. To that end, the city may issue negotiable refunding bonds upon the terms and conditions hereinafter set out.