reglab/housing_qa huggingface dataset:
AR Code § 14-89-802 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 8 - Advancement of Funds by Municipalities|§ 14-89-802. Conditions precedent

 A municipality may advance available moneys derived from the operation of its water or sewer system, or other available moneys, to pay the organizational expenses of one (1) or more proposed improvement districts if the governing body of the municipality determines, as to each such district, that:   (1) The proposed improvement district will provide water or sewer services, or both, to an area within or adjacent to, or in part within and in part adjacent to, the municipality;  (2) The water or sewer facilities to be acquired or constructed by the improvement district will become a part of the water or sewer system of the municipality; and  (3) The water or sewer facilities to be acquired or constructed by the improvement district are required to complete the water or sewer system of the municipality so as to enable the municipal system to adequately serve the area within and adjacent to the municipality.
AR Code § 14-89-803 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 8 - Advancement of Funds by Municipalities|§ 14-89-803. Procedure for advances

 (a) Moneys advanced under the authority of this subchapter shall be in such amounts and shall be paid to such persons, including, without limitation, to those persons doing the work or to trustees or committees created by the governing body for the purpose, at such times either in one (1) lump sum or in installments, from time to time, and under such conditions and restrictions as the municipal governing body shall determine and prescribe by ordinance.  (b) No one (1) ordinance shall authorize advances to more than one (1) improvement district.  (c) There may be one (1) ordinance authorizing, and prescribing the manner of making, all advances to or for the benefit of a single district, or multiple advances to or for the benefit of a single district may be authorized by separate ordinances.
AR Code § 14-89-901 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 9 - Use of Profits|§ 14-89-901. Applicability

 (a) The provisions of this subchapter shall apply to any municipal improvement district in the State of Arkansas which has been created, either by special act of the General Assembly or under the general laws of the state, for the purpose of repairing, enlarging, overhauling, erecting, and equipping any electric power plant, waterworks system, or sewer system which may have been constructed by a previously existing district within the municipality.  (b) No part of this subchapter shall apply to a municipal plant operated solely by city commissioners without a majority vote of the commissioners.
AR Code § 14-89-902 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 9 - Use of Profits|§ 14-89-902. Construction

 This subchapter is cumulative, and it is expressly declared that this subchapter shall not modify, amend, or repeal §§ 14-199-202—14-199-205, relating to use of profits from municipally owned electric power plants or waterworks systems.
AR Code § 14-89-903 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 9 - Use of Profits|§ 14-89-903. Purpose of expenditures

 (a) Any improvement district within any city or town in the State of Arkansas which is created for the purpose of constructing, repairing, enlarging, and overhauling any electric power plant, waterworks system, or sewer system is authorized to use the profits, or any part thereof, derived from the operation of the plants or systems toward:  (1) The payment of the outstanding bonded indebtedness of all street, sewer, or other improvement districts within the limits of the municipality; and  (2) The payment of any obligations of the city or town which may have been incurred by the city or town in the manner provided by law.    (b) The expenditures authorized in this section shall be made as provided for in this subchapter.
AR Code § 14-89-904 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 9 - Use of Profits|§ 14-89-904. Special account to pay bonds

 (a) At the end of each fiscal year of the operation of an electric power plant or waterworks system, the commissioners of a municipal improvement board shall set aside, in a special account out of the profits from the operation of the plant or system, such sum as may be necessary to pay all bonds and interest of the improvement district which shall accrue during the next ensuing fiscal year so that the district shall, at all times, have in the special account a sum sufficient to pay all principal bonds and interest which may accrue within the next fiscal year.  (b) The funds so deposited in the special account shall be used for no other purpose except the payment of bonds and interest of the district.
AR Code § 14-89-905 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 9 - Use of Profits|§ 14-89-905. Depreciation and reserve accounts — Improvements

 (a) Before any expenditures as authorized by § 14-89-903 shall be made, the commissioners of a municipal improvement board shall provide from the operation of an electric power plant or waterworks system adequate depreciation and reserve accounts.  (b) Adequate provisions shall also be made for such alterations, improvements, or extensions of the electric power plant or waterworks system as, in the judgment of the commissioners of the board, will be necessary during the ensuing year.
AR Code § 14-89-906 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 9 - Use of Profits|§ 14-89-906. Approval by municipal council

 The profits from the operation of any electric power plant or waterworks system shall not be used for the purposes set forth in § 14-89-903 until such expenditures by a municipal improvement district have first been authorized by resolution duly adopted by the council of the city or town.
AR Code § 14-89-907 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 9 - Use of Profits|§ 14-89-907. Allocation of profits to districts and municipality

 (a) After compliance with §§ 14-89-904 and 14-89-905, the remaining profits from the operation of an electric power plant or waterworks system shall be determined by the commissioners of a municipal improvement board.  (b) If the commissioners determine that the remaining profits from the operation of the plant or system, or any part thereof, shall be used for the purposes set forth in § 14-89-903, then the commissioners may, upon the adoption of a proper resolution by the city or town council, allocate to the various improvement districts within the municipality and for other municipal expenses the amounts which are to be appropriated for these purposes.  (c) No part of these profits shall be allocated to any district until the commissioners of the district have furnished proof to the commissioners of the light and water district that bonds and interest of the district which is to receive the allocation of profits will mature during the ensuing year and that the district will not be able to pay the maturities without collecting an assessment against the property of the district.  (d) The allocation to the various districts within the municipalities as prescribed shall be according to the following ratio: The total amount of bond and interest maturities of all street and other improvement districts within the municipality coming due during the particular year, that is, the year following the fiscal year for which the profit of the plant and system was determined, shall be determined, and the ratio which the total bond and interest maturities of any street and other improvement district for the fiscal year bears to the total bond and interest maturities of all the street and other improvement districts for the fiscal year shall be the percentage used to allocate to each street and other improvement district its proportion of the profit to be used for the retirement of the bonded indebtedness of any such district.  (e) The funds allocated to any district under the provisions of this subchapter shall be used exclusively for the purpose of paying bonds and interest of the districts and for no other purpose.
AR Code § 14-89-908 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 9 - Use of Profits|§ 14-89-908. Payments to districts and municipality

 (a) The amounts allocated to the various improvement districts within the limits of a municipality shall be paid to the districts when the commissioners on the boards of improvement shall request that it be paid in order that the funds may be used by such districts to pay the bonds and interest maturities of the districts which are about to become due.  (b) The amounts allocated to the municipality shall be paid into the treasury of the municipality upon resolution duly adopted by the council of the city or town.
AR Code § 14-89-1001 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 10 - Payment of Moneys|§ 14-89-1001. Payment by treasurer

 (a)  (1) The treasurer of a board of improvement shall pay out no moneys save upon the order of the municipal board of improvement.  (2) Upon the order of the municipal board of improvement to pay out moneys, the chair shall sign the warrant.    (b) The treasurer shall be allowed a commission not exceeding one percent (1%) upon all sums lawfully paid out, to be fixed by the board.
AR Code § 14-89-1002 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 10 - Payment of Moneys|§ 14-89-1002. Warrant requirements

 (a) Under this subchapter, every warrant shall state upon its face to whom, the amount, and the purpose for which it is issued.  (b) All warrants shall be dated and shall be numbered consecutively in a record to be kept by the municipal board of improvement of the number and amount of each.  (c) No warrant shall be paid unless there is in the treasury funds enough to pay all outstanding warrants bearing a lower number.  (d) No warrant shall be increased by reason of any depreciation in the market value thereof, nor shall any contract or warrant be made payable or paid in anything but currency.
AR Code § 14-89-1101 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 11 - Annual Financial Settlements|§ 14-89-1101. Penalties

 Every member of any municipal improvement board who fails or refuses to make settlement as required by this subchapter, shall be guilty of a misdemeanor and, on conviction thereof, shall be fined in any sum not exceeding five hundred dollars ($500). In addition thereto, he may be imprisoned for a period not exceeding sixty (60) days.
AR Code § 14-89-1102 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 11 - Annual Financial Settlements|§ 14-89-1102. Filing requirement

 (a)  (1) Annually on or before March 1, all municipal boards of improvement created under § 14-88-212 shall file a settlement with the clerk of the city or town in which the improvements shall have been ordered showing all collections and money received and paid out, with proper vouchers for all payments.  (2) The settlement may be included with the report required by § 14-86-2102.    (b) The settlement shall lie over for one (1) month for examination and adjustment, during which time any taxpayer of the district may file exceptions to the settlement.
AR Code § 14-89-1103 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 11 - Annual Financial Settlements|§ 14-89-1103. Examination and adjustments

 (a) Whether any exceptions are filed or not, the city or town council shall proceed to examine the settlements and shall disallow any and all unjust charges and credits, if there are any.  (b)  (1) The council shall readjust the settlement wherever an improper item may be included in it.  (2) The adjustment shall be finally subject to reexamination in a court of chancery for error or mistake upon suit brought by the board or by any taxpayer of the district.
AR Code § 14-89-1201 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 12 - Refund of Excess Collections|§ 14-89-1201. Definition

 As used in this subchapter, unless the context otherwise requires, “property owner” means the holder of the legal title at the time a refund is made.
AR Code § 14-89-1202 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 12 - Refund of Excess Collections|§ 14-89-1202. Authority of street or water improvement districts

 When any municipal street or water improvement district has fully retired and paid out the bonded indebtedness of the district and there remains a surplus of money derived from the collection of benefit assessments levied against the real property in the district for the purpose of retiring the bonds or funds derived from the sale of unredeemed real property acquired by the district, the surplus funds may be refunded to the property owners of the district pro rata by the board of improvement of the district.
AR Code § 14-89-1203 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 12 - Refund of Excess Collections|§ 14-89-1203. Delinquent realty not counted

 Under this subchapter, any real estate or parts or parcels of real estate which are delinquent at the time a refund is made shall not be counted in arriving at the pro rata distribution.
AR Code § 14-89-1301 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 13 - Surplus Funds|§ 14-89-1301. Special improvement districts receiving state aid

 (a) In instances where state aid has been extended to paving and other special improvement districts within cities and incorporated towns and all bonds and other obligations of the districts have been retired or money is set aside with the paying agents in amounts sufficient to provide for their retirement, then all moneys and other assets in the hands of the commissioners of the districts, or in the hands of the paying agents, in amounts exceeding the full debt service requirements of the bonds and other obligations shall be paid over to the respective treasurers of the cities and incorporated towns for the credit to the street fund, there to be used for the repair and maintenance of its streets.  (b) No such moneys may be paid over to the treasurers in amounts which shall exceed the state aid previously extended to paving and other special improvement districts, it being the intention of the General Assembly in the enactment of this section to redefine such excess moneys as being available in the first instance for both the retirement of the districts' obligations and the improvement of its streets and alleys as prescribed.  (c) In instances in which the districts are no longer in existence, or are inactive, the city or town treasurer shall draw drafts on the bank accounts of the districts for the amounts so found to be due, and all the drafts shall be honored and paid by the banks upon which the drafts are drawn.
AR Code § 14-89-1302 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 13 - Surplus Funds|§ 14-89-1302. Street improvement districts

 When any municipal street improvement district has paid out and fully retired its bonded indebtedness and there remains a surplus of money in the district and thereafter the property embraced in the district, or at least two-thirds (2/3) of it, shall have been included in a new paving improvement district, then the funds remaining on hand shall be paid by the commissioners on the bonds of the new district.
AR Code § 14-89-1303 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 13 - Surplus Funds|§ 14-89-1303. Sewer improvement districts

 Where any municipal sewer improvement district has fully retired and paid out the bonded indebtedness of the district and there remains a surplus of money derived from the collection of benefit assessments levied against the real property in the district for the purpose of retiring the bonds or funds derived from the sale of unredeemed real property acquired by the district, the surplus funds may be transferred to the municipality where the municipality has taken over the sewer improvement constructed by the district and is maintaining it.
AR Code § 14-89-1304 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 13 - Surplus Funds|§ 14-89-1304. Airport improvement district in city of the first class

 When any municipal airport improvement district of a city of the first class has paid out and fully retired its bonded indebtedness, and there remains a surplus of money or property in the district, the commissioners of the district, after payment of all obligations of the district, shall pay the surplus funds and transfer the property to the city, and the city shall use any such funds and property so received for the sole purpose of making improvements upon the municipal airport of the city.
AR Code § 14-89-1305 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 13 - Surplus Funds|§ 14-89-1305. Reversion generally in certain municipalities

 (a) Any balance of money remaining in municipal improvement districts which have no further indebtedness, and which have been dissolved for three (3) years or more, shall revert to the municipal corporation and may be used for legitimate corporate purpose.  (b) This section shall apply only to municipal corporations whose population according to the latest federal census was not less than two thousand three hundred seventy-five (2,375) and not more than two thousand four hundred (2,400) persons.
AR Code § 14-89-1401 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 14 - Annual Financial Report|§ 14-89-1401. Penalty

 Any person violating the provisions of this subchapter or any person filing any false financial report shall be guilty of a misdemeanor.
AR Code § 14-89-1402 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 14 - Annual Financial Report|§ 14-89-1402. Filing required

 (a)  (1)  (A) All improvement districts in any city or incorporated town in this state established for the purpose of making improvements for municipal purposes shall file an annual financial report with the city clerk or recorder of the city or town on or before March 1 of each year, covering the financial affairs of the districts for the preceding year.  (B) The filing under subdivision (a)(1)(A) of this section shall include without limitation a complete itemization of revenues and expenditures and status of district projects.    (2) All improvement districts in any city or incorporated town in this state established for the purpose of providing electric utility services for municipal purposes shall file an annual financial report with the city clerk or recorder of the city or town on or before June 1 of each year, covering the financial affairs of the districts for the preceding year.  (3) The annual financial report may be included with the report required by § 14-86-2102.    (b) The annual financial report shall be certified and filed as provided in this section by the commissioners of each district.
AR Code § 14-89-1403 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 14 - Annual Financial Report|§ 14-89-1403. Failure to file

 If the board of improvement of any municipal improvement district established pursuant to §§ 14-88-203, 14-88-205 — 14-88-207, fails or refuses to file, or cause to be filed, the annual financial report required by this subchapter, such failure shall, in addition to any other penalty prescribed by law, constitute misfeasance in office and shall be grounds for removal of the members of the board from office.
AR Code § 14-89-1501 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 89 - Fiscal Affairs of Municipal Improvement Districts|Subchapter 15 - Quarterly Financial Reports|§ 14-89-1501. Quarterly financial reports

 (a)  (1) All improvement districts in any city or incorporated town in this state established for the purpose of making improvements for municipal purposes shall meet at least four (4) times per year or quarterly.  (2) Notice of each meeting, including without limitation each quarterly meeting under this section, shall be given by the improvement district to all record owners of property in the district no more than thirty (30) days before the meeting date and no less than ten (10) days before the meeting date.    (b)  (1) At each quarterly meeting of the improvement district, a financial report shall be included as an item on the agenda.  (2) The financial report shall be provided to any member of the public who requests a copy of the report.  (3) The financial report required under this section shall include without limitation:  (A) Supporting documentation;  (B) Bank statements;  (C) Operating budget;  (D) Projected budget; and  (E) Itemization of revenues and expenditures.
AR Code § 14-90-101 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 90 - Assessments by Municipal Improvement Districts|Subchapter 1 - General Provisions|§ 14-90-101. Definitions

 As used in this act, unless the context otherwise requires:   (1) “Real property” shall have the same meaning and significance as are attached to these words in statutes providing for the collection of state, county, and city revenue.  (2) “Blocks, lots, or parcels of land” shall include railway tracks and rights-of-way.