reglab/housing_qa huggingface dataset:
AR Code § 14-92-234 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 92 - Suburban Improvement Districts|Subchapter 2 - Suburban Improvement Districts Generally|§ 14-92-234. Notes, bonds, or evidences of debt

 (a)  (1) In order to meet preliminary expenses and to do the work, the board of commissioners may issue negotiable notes or bonds of the suburban improvement district signed by the chair and secretary of the board and bearing such rate or rates of interest as shall be determined by the board and may pledge and mortgage all assessments of benefits of the district and all or any part of the profits of the district derived from its operation of any waterworks, sewer system, gas system, recreational facilities, or hospital to the payment of the notes and bonds.  (2) The board may also issue to the contractors who do the work negotiable evidences of debt bearing interest at the same rate or rates prescribed by the board and secure them in the same manner.  (3) With the consent of the sellers of improvements, as provided in this chapter, it may issue to the sellers negotiable notes or bonds of the district bearing interest at the rate or rates prescribed by the board covering all or a portion of the purchase price of the improvements and secure the notes or bonds in the same manner as provided in this section.  (4) As further security for the payment of any such indebtedness, the members of the board of any district organized for the construction of waterworks or water pipes, tanks, and wells, sewer systems, gas pipelines, recreational facilities, or hospitals may be resolved to establish the water or sewer rates, rates for use of gas pipelines, rates for use of recreational facilities, or rates for use of the hospitals to be collected from the users thereof. The board may mortgage any or all of its property, including the system, buildings, equipment, lands, leases, easements, and rights-of-way.    (b) No bonds issued under the terms of this subchapter shall run for more than thirty (30) years, and all issues of bonds may be divided so that a portion thereof may mature each year as the assessments, revenues, or profits from the systems are collected, or they may all be made payable at the same time, with proper provision for a sinking fund.  (c) The bonds shall not be sold for less than par without the unanimous vote of the board.
AR Code § 14-92-235 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 92 - Suburban Improvement Districts|Subchapter 2 - Suburban Improvement Districts Generally|§ 14-92-235. Payment of bonds

 (a)  (1) All bonds issued by a board of commissioners for a suburban improvement district under the terms of this subchapter shall be secured by a lien on all real property in the district that will be benefited by the acquiring or making of the improvement financed with the proceeds of such bonds.  (2)  (A) The board shall see to it that a tax is levied annually and collected under the provisions of this subchapter, so long as it may be necessary to pay any bond issued or obligation contracted under its authority.  (B) The making of said assessment or levy and collection may be enforced by mandamus.      (b)  (1)  (A) If any bond or interest coupon on any bond issued by the board is not paid within thirty (30) days after its maturity, it shall be the duty of any court of competent jurisdiction, on application of any holder of the bond or interest coupon so overdue, to appoint a receiver to collect the taxes and an assessor to reassess the benefits, if necessary.  (B) The proceeds of the taxes and collections shall be applied after payment of costs, first to overdue interest and then to payment pro rata of all bonds issued by the board which are then due and payable.    (2)  (A) The receiver may be directed, by suit, to foreclose the lien of taxes on lands.  (B) The suits so brought by the receiver shall be conducted in all matters as suits by the board as provided in this subchapter and with like effect, and the decree and deeds therein shall have the same presumption in their favor.      (c) When all the sums have been paid, the receiver shall be discharged and the affairs of the district conducted by the board as provided in this subchapter.
AR Code § 14-92-236 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 92 - Suburban Improvement Districts|Subchapter 2 - Suburban Improvement Districts Generally|§ 14-92-236. Public contributions to road or street improvement districts

 (a)  (1) The county court is authorized to turn over to any road or street improvement district organized under this subchapter that proportion of the road tax, as may be just and equitable, or any portion of the automobile or gasoline tax.  (2) The county court is further authorized to contribute these funds in money or scrip to the expense of the improvement from the general revenue of the county as it may deem appropriate.    (b)  (1) Any such district is authorized to receive any part of the funds that may be set aside by the federal government for the improvement of public roads and any that may be set aside by the government of this state for aid in the improvement of public roads.  (2) The board of commissioners of the district and the Arkansas Department of Transportation are authorized and directed to take such action as may be necessary to secure any of these funds for these districts as an improvement of a part of the public roads of the state in which the state has an interest.
AR Code § 14-92-238 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 92 - Suburban Improvement Districts|Subchapter 2 - Suburban Improvement Districts Generally|§ 14-92-238. Lien for preliminary expenses

 (a) In case, for any reason, the improvement contemplated by any suburban improvement district organized under this subchapter is not made, the preliminary expense shall be a first lien upon all the land in the district and shall be paid by a levy of a tax thereon upon the assessed value for county and state taxation.  (b) The levy shall be made by the chancery court of the county and shall be collected by a receiver to be appointed by the court.
AR Code § 14-92-239 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 92 - Suburban Improvement Districts|Subchapter 2 - Suburban Improvement Districts Generally|§ 14-92-239. Continued existence of district

 Suburban improvement districts shall not cease to exist upon the acquiring, construction, or completion of the improvement but shall continue to exist for the purpose of preserving, maintaining, and operating the improvement, replacing equipment, paying salaries to employees, and performing any other functions or services authorized in this subchapter. To this end, the board of commissioners may, from time to time, make such additional levies based upon the assessment of benefits as may be necessary for these purposes. However, the amount of the total levies shall not exceed the assessed benefits and interest thereon.
AR Code § 14-92-301 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 92 - Suburban Improvement Districts|Subchapter 3 - Consolidated Systems for Joint Operation|§ 14-92-301. Authority to contract

 (a) Where there are contiguous or adjacent districts organized under the suburban improvement district laws or the municipal improvement district laws for either water, sewer or gas pipeline services, or any combination thereof, it shall be permissible for all or any two (2) or more of such districts, suburban, municipal, or any combination thereof, to enter into a contract with each other for the joint operation, maintenance, improvement, enlargement, and betterment of their respective systems or of the consolidated system, to be paid for by charges for the services.  (b)  (1) Any such district which has paid its outstanding bonds in indebtedness, but which has not been turned over to the municipality for operation, may join in contracts for joint operation.  (2) Any facilities constructed by any districts outside their boundaries shall be included in the consolidated systems.
AR Code § 14-92-302 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 92 - Suburban Improvement Districts|Subchapter 3 - Consolidated Systems for Joint Operation|§ 14-92-302. Commission members

 (a)  (1) When two (2) or more districts enter into a contract described in § 14-92-301, they shall jointly petition the county judge of the county in which the districts lie to appoint a commission of three (3) members, all of whom shall be property owners and electors within the territory affected.  (2) In the event there are more than two (2) districts joining in the petition, no two (2) of the commissioners shall be appointed from the same district.    (b) The members of the commission shall proceed to organize by:  (1) First taking the oath of office as prescribed for a commissioner of a suburban improvement district;  (2) Electing a chairman and a secretary; and  (3) Selecting a name for the consolidated system.    (c)  (1) The commission members shall have the authority to carry out the powers conferred by this subchapter.  (2) In all other respects, the commission shall be governed by and have all the authority of § 14-234-301 et seq.
AR Code § 14-92-303 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 92 - Suburban Improvement Districts|Subchapter 3 - Consolidated Systems for Joint Operation|§ 14-92-303. Authority as body politic

 (a) Any consolidation of improvement districts shall be a body politic as a governmental and political subdivision of the state.  (b) The consolidated systems shall exercise the authority conferred in this subchapter according to the provisions, applicable and not in conflict herewith, of § 14-234-201 et seq. for the details of the issuance of revenue bonds, the pledge in the resolution of the commissioners, the determination of revenue for the payment of bonds, depreciation account, audits, rights of bondholders, and all other matters connected therewith.
AR Code § 14-92-304 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 92 - Suburban Improvement Districts|Subchapter 3 - Consolidated Systems for Joint Operation|§ 14-92-304. Resolution for financial matters

 (a) After the execution of the contract for consolidation, the commissioners provided for in § 14-92-302 shall adopt a resolution setting forth their estimate of the cost of retiring outstanding bond issues, together with the cost of the contemplated improvements and betterments, and a brief description thereof, and provide for the issuance of revenue bonds including the amount, rate of interest, time and place of payment, and other details connected with them.  (b) The resolution shall also:  (1) Declare that a statutory mortgage lien shall exist upon the property of the consolidated system;  (2) Fix the minimum rates to be collected prior to the payment of the bonds; and  (3) Pledge the revenues derived from its services for the purpose of paying the bonds and interest.
AR Code § 14-92-305 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 92 - Suburban Improvement Districts|Subchapter 3 - Consolidated Systems for Joint Operation|§ 14-92-305. Notice and hearing on bonds

 (a) After the adoption of the resolution, it shall be published once in a newspaper published in the county where the system lies. If there is no newspaper so published, then the resolution shall be posted in at least three (3) public places in the county, with a notice to all persons concerned stating that the resolution has been adopted, that the consolidated system contemplates the issuance of the bonds so described, and that any person interested may appear before the county judge of the county upon a certain date, not less than ten (10) days subsequent to the publication or posting, to present protests.  (b) The judge shall hear all objections and suggestions and take such action as he shall deem proper in the premises.
AR Code § 14-92-306 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 92 - Suburban Improvement Districts|Subchapter 3 - Consolidated Systems for Joint Operation|§ 14-92-306. Borrowing of money

 (a) Consolidated systems may borrow money to pay and discharge any outstanding bond issues and indebtedness of the districts joining in the consolidations and may borrow money also for improvement, enlargement, and betterment of the facilities of the consolidated systems.  (b) To accomplish these purposes, the consolidated systems may issue negotiable coupon bonds or certificates of indebtedness evidencing the money so borrowed, to:  (1) Be secured solely by a pledge of the net revenues derived from the operation of the facilities;  (2) Bear interest not to exceed six percent (6%) per annum;  (3) Mature at such times and places as the issuer shall decide best, but in no event to mature later than forty (40) years after date of issue;  (4) Be issued with such terms of payment, call provisions, and interest rates as the issuer may decide best; and  (5) Be sold with the privilege of conversion to lower interest rates.
AR Code § 14-92-307 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 92 - Suburban Improvement Districts|Subchapter 3 - Consolidated Systems for Joint Operation|§ 14-92-307. Schedule of rates

 The commission of the consolidated systems shall have the power to fix the schedule of rates for its services.
AR Code § 14-92-308 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 92 - Suburban Improvement Districts|Subchapter 3 - Consolidated Systems for Joint Operation|§ 14-92-308. Use of net revenues

 (a) The net revenues from a joint operation shall be used first to pay the principal and interest as they mature of revenue bonds issued under this subchapter.  (b) Any remaining net revenues may be used to provide funds or pay bonds and interest issued for improvements, extensions, and betterments.
AR Code § 14-92-309 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 92 - Suburban Improvement Districts|Subchapter 3 - Consolidated Systems for Joint Operation|§ 14-92-309. Extension of facilities

 (a)  (1) Consolidated systems may extend facilities to serve adjacent or nearby areas without applying for a certificate of convenience and necessity.  (2) These systems shall not be limited by the original boundaries of the districts joining in the consolidation.    (b) The operations shall be a governmental function of the consolidated systems, and they may not be required to so extend their services.
AR Code § 14-92-310 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 92 - Suburban Improvement Districts|Subchapter 3 - Consolidated Systems for Joint Operation|§ 14-92-310. Right of eminent domain

 For the purpose of carrying out the provisions of this subchapter, the consolidated systems shall have the right of eminent domain as is provided in §§ 18-15-301 —18-15-307.
AR Code § 14-92-401 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 92 - Suburban Improvement Districts|Subchapter 4 - Sale of Property by District|§ 14-92-401. Petition by landowners

 (a)  (1) The owners of a two-thirds (2/3) majority in value as shown by the last county assessment of the real property within any suburban improvement district may, by written petition, require the board of commissioners of the district to sell all or any portion of the real or personal property, or both, owned by the district.  (2)  (A) The petition shall specify with reasonable certainty what property is to be sold and shall stipulate the sale price and may specify such other terms and conditions of the sale as to the petitioners may seem desirable.  (B) The sale price shall in no event be a sum less than the amount necessary to pay all the outstanding secured indebtedness against the property to be sold.      (b) Upon the filing of the petition, the board shall give notice by publication once a week for two (2) weeks in some newspaper having a general circulation throughout the district, advising the owners of real property within the district that on a day therein named the commissioners will hear the petition and determine whether those signing it constitute a two-thirds (2/3) majority in value of the owners of real property within the district.  (c)  (1) At the meeting named in the notice, the owners of real property within the district shall be heard before the board which shall determine whether the signers of the petition constitute a two-thirds (2/3) majority in value.  (2)  (A) The finding of the commissioners shall be conclusive, unless within thirty (30) days thereafter, suit is brought to review its action in the chancery court of the county in which the district was organized.  (B) In determining whether those signing the petition constitute a two-thirds (2/3) majority in value of the owners of the real property within the district, the commissioners and the court shall be guided by the record of deeds in the office of the recorder of the county and shall not consider any unrecorded instrument.
AR Code § 14-92-402 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 92 - Suburban Improvement Districts|Subchapter 4 - Sale of Property by District|§ 14-92-402. Procedure for sale

 Upon determination of the sufficiency of the petition, the board of commissioners shall proceed to sell the property which the property owners have petitioned to have sold, subject to the terms of the petition.
AR Code § 14-92-403 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 92 - Suburban Improvement Districts|Subchapter 4 - Sale of Property by District|§ 14-92-403. Provisions cumulative

 This subchapter shall not be deemed to repeal any other legislation authorizing the sale of improvement district property, but shall be cumulative to all such existing legislation.
AR Code § 14-92-501 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 92 - Suburban Improvement Districts|Subchapter 5 - Systems Turned Over to Municipalities|§ 14-92-501. Applicability

 Any municipality that has a population of twenty-five thousand (25,000) or more according to the last federal census shall be entitled to exercise the authority conferred by this subchapter.
AR Code § 14-92-502 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 92 - Suburban Improvement Districts|Subchapter 5 - Systems Turned Over to Municipalities|§ 14-92-502. Water or sewer systems

 (a) In those cases where improvement districts have been organized under the suburban improvement district law, or any consolidation of suburban and municipal improvement districts, either for furnishing of water or sewer services, or both, and all, or any part, of it lies outside a municipality within the class affected by this subchapter which desires to operate it as a municipal waterworks or a municipal sewer system, the boards of commissioners of the suburban district, in order to secure more adequate service for the inhabitants within the district, shall have the authority to turn over to the municipality the operation and maintenance of the system.  (b)  (1) The municipality may issue revenue bonds, fix the rates for the services, and use the net revenues from the operation to pay the principal and interest and paying charges of its revenue bonds for payment and discharge of the outstanding bonds of the districts.  (2) If the net revenues are not sufficient to prevent a default in the bonds or interest, a tax sufficient to produce enough revenue to cure the default shall be levied on the assessments of benefits in the districts.  (3) Nothing in this section shall impair the rights of the holders of the outstanding bonds to demand and receive sufficient annual collections on the assessments of benefits to meet interest and principal payments as they become due.
AR Code § 14-92-601 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 92 - Suburban Improvement Districts|Subchapter 6 - Collection of Taxes|§ 14-92-601. Applicability

 (a)  (1) This subchapter shall be applicable to suburban improvement districts organized and existing pursuant to the provisions of § 14-92-201 et seq. with an area of not less than five thousand (5,000) acres and not more than seven thousand (7,000) acres.  (2) These districts will be referred to as “eligible districts.”    (b) This subchapter shall apply to taxes to be collected in 1986 and subsequent years.
AR Code § 14-92-602 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 92 - Suburban Improvement Districts|Subchapter 6 - Collection of Taxes|§ 14-92-602. Election to collect taxes

 (a)  (1) Any eligible district may elect to collect the taxes levied by it pursuant to the provisions of §§ 14-92-228 and 14-92-239. This election shall be made by resolution of the board of commissioners of the eligible district.  (2) Certified copies of the resolution shall be filed with the county clerk and county tax collector of each county in which any of the territory of the district is located, not later than July 15 of the year immediately preceding the first year in which the district will collect the taxes.    (b) Once the election is made and so long as it continues in force, the clerk shall not extend the district taxes upon the county tax books, and the collector shall not collect the district taxes. The district shall be solely responsible for collecting the district taxes, which shall be due and payable on or before October 15 of each year.  (c)  (1) Once an eligible district makes the election provided for in this section to collect its own taxes, the election shall continue in effect and the district shall collect its own taxes unless and until the election is revoked.  (2)  (A) The election may be revoked by resolution of the board of the district, and the filing of certified copies thereof with the clerk and collector of each county in which any of the territory of the district is located, such filing to be made on or before July 15 of any year.  (B) The revocation shall be effective as to taxes to be collected in the year immediately succeeding the year in which the revocation is filed.