reglab/housing_qa huggingface dataset:
AR Code § 14-186-215 (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|§ 14-186-215. Periodic financial statement

 (a) At least once in each year, a municipal port authority shall publish a report. It shall be published one (1) time in some newspaper published in the city or incorporated town where the authority is located. If no paper exists in the city or town creating such authority, the report may be published in any newspaper published in the county where the authority is located. It shall show a complete financial statement of all moneys received and disbursed by the authority during the preceding year.  (b) The statement shall show:  (1) The several sources from which funds were received;  (2) The balance on hand at the time of publishing the statement; and  (3) The complete financial condition of the authority.
AR Code § 14-186-301 (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 3 - Municipal Port Authority Facilities|§ 14-186-301. Legislative intent

 (a) This subchapter, without reference to any other statute, shall be deemed full authority for the construction, acquisition, improvement, equipment, maintenance, operation, and repair of barge terminals together with tenders and barges, wharves, docks, landing places, piers, and basins provided for in this subchapter and for the issuance and sale of the bonds authorized by this subchapter. It shall be construed as an additional and alternative method for them and for the financing of them.  (b) No petition or election or other or further proceeding in respect to the construction or acquisition of barge terminals, together with tenders and barges, wharves, docks, landing places, piers, and basins, or to the issuance or sale of bonds under this subchapter and no publication of any resolution, ordinance, notice, or proceeding relating to such construction or acquisition or to the issuance or sale of such bonds shall be required except such as are prescribed by this subchapter, any provisions of other statutes of the state to the contrary notwithstanding.
AR Code § 14-186-302 (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 3 - Municipal Port Authority Facilities|§ 14-186-302. Definitions

 As used in this subchapter, unless the context otherwise requires:   (1) “Municipality” means a city of the first class, a city of the second class, or an incorporated town;  (2) “Governing body” means the council, board of directors, or city commission of any municipality;  (3) “Equip” means to install or place on, or in, any building or structure equipment of any and every kind, whether or not affixed, including, without limiting the generality of the foregoing, building service equipment, fixtures, heating equipment, air conditioning equipment, machinery, furniture, furnishings, and personal property of every kind;  (4) “Sell” means to sell for such price, in such manner and upon such terms as the municipality shall determine, including, without limiting the generality of the foregoing, private or public sale and, if public, pursuant to such advertisement as the municipality shall determine, sale for cash or credit payable in lump sum or in installments over such period as the municipality shall determine and, if on credit, with or without interest, and at such rate or rates as the municipality shall determine;  (5) “Lease” means to lease for such rentals, for such periods, and upon such terms and conditions as the municipality shall determine, including, without limiting the generality of the foregoing, the granting of renewal or extension options for the rentals, for such periods, and upon such terms and conditions, as the municipality shall determine and the granting of purchase options for such prices and upon such terms and conditions as the municipality shall determine;  (6) “Construct” means to acquire or build, in whole or in part, in such manner and by such method, including contracting therefor, and if the latter, by negotiation or bids upon such terms and pursuant to such advertising, as the municipality shall determine to be in the public interest and necessary under the circumstances existing at the time to accomplish the purposes of and authorities set forth in this subchapter;  (7) “Port authority facilities” means any real property, personal property, or mixed property of any and every kind that can be used or that will be useful to accomplish the purposes of and authorities set forth in this subchapter, including, without limiting the generality of the foregoing, wharves, docks, piers, quays, barges, shipyards, elevators, compresses, storage plants, rights-of-way, roads, streets, railroads, pipes, pipelines, reservoirs, utilities, materials, equipment, fixtures, machinery, furnishings, furniture, instrumentalities, and other real, personal, or mixed property of every kind.
AR Code § 14-186-303 (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 3 - Municipal Port Authority Facilities|§ 14-186-303. Powers of municipality generally

 Any municipality owning a port, harbor, or related facilities is authorized and empowered to acquire, construct, equip, operate, sell, lease, contract concerning, and otherwise deal in and with lands, buildings, structures, and other improvements and facilities, of whatever nature and wherever located, connected with, or incidental to or related to the operation or management of the port, harbor, or related facilities, or such facilities that may be necessary or useful in the securing and developing of industry, which may be collectively referred to in this subchapter as “port authority facilities.”
AR Code § 14-186-304 (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 3 - Municipal Port Authority Facilities|§ 14-186-304. Power of eminent domain

 To acquire property, wherever located, in furtherance of the purposes of this subchapter, any municipality shall have the power of eminent domain as is provided in §§ 18-15-301 — 18-15-303 and any statutes supplemental thereto.
AR Code § 14-186-305 (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 3 - Municipal Port Authority Facilities|§ 14-186-305. Funding of facilities

 (a) Municipalities are authorized to use any available revenues for the accomplishment of the purposes and the implementation of the powers authorized by this subchapter, including the proceeds of revenue bonds issued from time to time pursuant to the provisions of this subchapter, either alone or together with other available funds and revenues.  (b) The amount of each issue of bonds issued may be sufficient to pay:  (1) The costs of accomplishing the purposes for which it is being issued;  (2) The cost of issuing the bonds;  (3) The amount necessary for a reserve if it is determined to be desirable in favorably marketing the bonds;  (4) The amount, if any, necessary to provide for debt service on the bonds until revenues for the payment of them are available; and  (5) Any other costs and expenditures of whatever nature incidental to the accomplishment of the specified purposes.
AR Code § 14-186-306 (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 3 - Municipal Port Authority Facilities|§ 14-186-306. Issuance of revenue bonds generally

 (a)  (1) The issuance of revenue bonds shall be by ordinance of the municipality.  (2) As the ordinance authorizing their issuance may provide, the bonds of each issue may:  (A) Be coupon bonds payable to bearer or may be made registrable as to principal only or as to both principal and interest;  (B) Be in such form and denominations;  (C) Be made payable at such places within or without the state;  (D) Be issued in one (1) or more series;  (E) Bear such date or dates;  (F) Mature at such time or times, not exceeding forty (40) years from their respective dates;  (G) Bear interest at such rate or rates;  (H) Be payable in such medium of payment;  (I) Be subject to such terms of redemption; and  (J) Contain such terms, covenants, and conditions, including without limitation those pertaining to:  (i) The custody and application of the proceeds of the bonds;  (ii) The collection and disposition of revenues;  (iii) The maintenance and investment of various funds and reserves;  (iv) The imposition and maintenance of rates and charges for the use of port authority facilities;  (v) The nature and extent of the security;  (vi) The rights, duties, and obligations of the municipality and the trustee for the holders and registered owners of the bonds; and  (vii) The rights of the holders and registered owners of the bonds.        (b) There may be successive bond issues for the purpose of financing the same project. There may also be successive bond issues for financing the cost of reconstructing, replacing, constructing additions to, extending, improving, and equipping projects already in existence, whether or not originally financed by bonds issued under this subchapter, with each successive issue to be authorized as provided by this subchapter.  (c) Priority between and among issues and successive issues as to security, the pledge of revenues and lien on and security interest in the land, buildings, and facilities involved, may be controlled by the ordinances authorizing the issuance of bonds under this subchapter.  (d) Subject to the provisions of this section pertaining to registration, the bonds shall have all the qualities of negotiable instruments under the laws of the State of Arkansas.
AR Code § 14-186-307 (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 3 - Municipal Port Authority Facilities|§ 14-186-307. Sale and execution of bonds

 (a) Revenue bonds may be sold for such price including sale at a discount and in such manner as the municipality may determine by ordinance.  (b)  (1)  (A) The bonds shall be executed by the manual or facsimile signature of the mayor and the manual signature of the clerk or recorder of the municipality.  (B) The coupons attached to the bonds may be executed by the facsimile signature of the mayor of the municipality.    (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.
AR Code § 14-186-308 (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 3 - Municipal Port Authority Facilities|§ 14-186-308. Payment of bonds

 (a)  (1) Revenue bonds issued under this subchapter shall not be general obligations of the municipality but shall be special obligations. In no event shall the revenue bonds constitute an indebtedness of the municipality within the meaning of any constitutional or statutory limitation.  (2) It shall be plainly stated on the face of each bond that it has been issued under the provisions of this subchapter and that it does not constitute an indebtedness of the municipality within any constitutional or statutory limitation.    (b) The principal of, and interest on, the bonds shall be secured by a pledge of, and be payable from, all, or any part, of the revenues derived from the use of port authority facilities including without limitation:  (1) Revenues derived from rates and charges imposed and maintained for the use of port authority facilities; and  (2) Lease rentals under leases or payments under security agreements or other instruments entered into under this subchapter.
AR Code § 14-186-309 (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 3 - Municipal Port Authority Facilities|§ 14-186-309. Refunding bonds

 (a)  (1) Revenue bonds may be issued under this subchapter for the purpose of refunding any obligations issued under this subchapter.  (2) Refunding bonds may be combined with bonds issued under this subchapter into a single issue.    (b)  (1) When bonds are issued under this section for refunding purposes, the bonds may either be sold or delivered in exchange for the outstanding obligations.  (2) If sold, the proceeds may be either applied to the payment of the obligations refunded or deposited in escrow for the retirement of them.    (c)  (1) All refunding bonds issued under this subchapter shall, in all respects, be authorized, issued, and secured in the manner provided for other bonds issued under this subchapter and shall have all the attributes of these bonds.  (2) The ordinance under which the refunding bonds are issued may provide that any of the refunding bonds shall have the same priority of lien on the revenues pledged for their payment as was enjoyed by the obligations refunded by them.
AR Code § 14-186-310 (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 3 - Municipal Port Authority Facilities|§ 14-186-310. Indentures and other agreements

 (a)  (1) The ordinance authorizing revenue bonds may provide for the execution by the municipality of an indenture which defines the rights of the holders and registered owners of the bonds and provides for the appointment of a trustee for the holders and registered owners of the bonds.  (2) The indenture may control the priority between successive issues and may contain any other terms, covenants, and conditions that are deemed desirable, including without limitation, those pertaining to:  (A) The custody and application of the proceeds of the bonds;  (B) The collection and disposition of revenues;  (C) The maintenance of various funds and reserves;  (D) The imposition and maintenance of rates and charges for the use of port authority facilities;  (E) The nature and extent of the security; and  (F) The rights, duties, and obligations of the municipality and the trustee and the rights of the holders and registered owners of the bonds.      (b) It shall not be necessary for the municipality to publish any indenture, lease, or other security agreement or instrument if:  (1) The ordinance authorizing the indenture, lease, or other security agreement or instrument is published as required by law governing the publication of ordinances of a municipality and the ordinance advises that a copy of the indenture, lease, or other security agreement or instrument, as the case may be, is on file in the office of the clerk or recorder of the municipality for inspection by any interested person; and  (2) The copy of the indenture, lease, or other security agreement or instrument, as the case may be, is actually filed with the clerk or recorder of the municipality.
AR Code § 14-186-311 (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 3 - Municipal Port Authority Facilities|§ 14-186-311. Mortgage lien or security interest

 (a)  (1)  (A) The ordinance or indenture securing revenue bonds may impose a foreclosable mortgage lien, security interest, or both, on the port authority facilities, or any portion thereof.  (B) The extent of the mortgage lien on or security interest may be controlled by the ordinance or indenture, including, without limitation, provisions pertaining to:  (i) The release of all, or part, of the facilities subject to the mortgage lien or security interest; and  (ii) The priority of the mortgage lien or security interest in the event of successive issues of bonds.      (2) Subject to the terms, conditions, and restrictions contained in the ordinance or indenture, any holder of any of the bonds or of any coupon attached to them, or a trustee on behalf of the holders, may, either at law or in equity, enforce the mortgage lien or security interest and, by proper suit, may compel the performance of the duties of the officials of the municipality set forth in this subchapter and set forth in the ordinance or indenture.    (b)  (1)  (A) In the event of a default in the payment of the principal of or interest on any bonds issued under this subchapter, any court having jurisdiction may appoint a receiver to take charge of any port authority facilities upon or in which there is a mortgage lien or security interest securing the bonds in default.  (B)  (i) The receiver shall have the power to operate and maintain the facilities in receivership and to charge and collect rates and rents sufficient to provide for the payment of any costs of receivership and operating expenses of the facilities in receivership and to apply the revenues derived from the facilities in receivership in conformity with this subchapter and the ordinance or indenture securing the bonds in default.  (ii) When the default has been cured, the receivership shall be ended and the facilities returned to the municipality.      (2) The relief provided for in this subsection shall be construed to be in addition as supplemental to the remedies that may be provided for in the ordinance or indenture securing the bonds and shall be so granted and administered as to accord full recognition to priority rights of bondholders as to the pledge of revenues from and mortgage lien on and security interest in port authority facilities as specified in, and fixed by, the ordinance or indenture securing successive issues of bonds.
AR Code § 14-186-312 (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 3 - Municipal Port Authority Facilities|§ 14-186-312. Bonds — Tax exemption

 (a) Bonds issued under the provisions of this subchapter shall be exempt from all state, county, and municipal taxes.  (b) This exemption includes income, estate, and inheritance taxes.
AR Code § 14-186-401 (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 4 - Joint Operation of Ports by Municipalities and Counties|§ 14-186-401. Legislative intent

 (a) Without reference to any other statute, this subchapter shall be deemed full authority for the construction, acquisition, improvement, equipment, maintenance, operation, and repair of any port provided for in this subchapter and for the issuance and sale of the bonds as authorized by this subchapter, and shall be construed as an additional or alternative method for them and for the financing of them.  (b) No petition or election or other or further proceedings in respect to the construction or acquisition of the port nor to the issuance or sale of bonds under this subchapter, no publication of any resolution, ordinance, order, notice, or proceeding relating to such construction or acquisition nor to the issuance or sale of such bonds shall be required except such as are prescribed by this subchapter, any provision of other statutes of this state to the contrary notwithstanding.
AR Code § 14-186-402 (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 4 - Joint Operation of Ports by Municipalities and Counties|§ 14-186-402. Definitions

 As used in this subchapter:   (1) “Legislative body” means the council of municipalities having the mayor-council form of government and the commission, or other governing body, of municipalities having a commission or other form of government;  (2) “Mayor” means the mayor of municipalities having the mayor-council form of government and the presiding officer of municipalities having a commission or other form of government;  (3) “Municipality” means a city of the first class, a city of the second class, or an incorporated town in the State of Arkansas; and  (4) “Port” means ports, harbors, and river-rail barge terminals, together with wharves, docks, piers, quays, elevators, compresses, refrigeration storage plants, warehouses, landing places and basins, and other structures, and all facilities needful for the convenient use of them, including:  (A) The dredging of approaches to them and the construction of belt line roads and highways and bridges and causeways on them;  (B) Other bridges and causeways necessary or useful in connection with them; and  (C) Shipyards, shipping facilities, and transportation facilities incident to them and useful or convenient for the use of them, including terminal railroads, in their entirety, or any integral part of them.
AR Code § 14-186-403 (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 4 - Joint Operation of Ports by Municipalities and Counties|§ 14-186-403. Construction

 This subchapter, being necessary for the public health, safety, and welfare, shall be liberally construed to effectuate the purposes of it.
AR Code § 14-186-404 (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 4 - Joint Operation of Ports by Municipalities and Counties|§ 14-186-404. Powers generally

 Any two (2) or more municipalities, any two (2) or more counties, or any one (1) municipality or more together with any one (1) county or more in the State of Arkansas, or in an adjoining state where a navigable river forms the boundary between the states and the county or municipality in the other state lies approximately opposite the county or municipality within the State of Arkansas may join to construct, purchase, establish, equip, and operate a port within or without the corporate limits of any such municipality and within or without the boundaries of any such county, as they are defined and laid out, or as they may in the future be enlarged, as provided in this subchapter.