reglab/statecodes huggingface dataset:
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 167 - ENERGY RESOURCES AND CONSERVATION (§§ 14-167-201 — 14-167-220) › Subchapter 2 - ENERGY CONSERVATION AND RENEWABLE ENERGY RESOURCE FINANCING (§§ 14-167-201 — 14-167-220) › Section 14-167-216 - Mortgage lien

(a)
The ordinance or indenture referred to in §
14-167-207
or §
14-167-209
may, but need not, impose a foreclosable mortgage lien upon the land, buildings, or other properties acquired, constructed, reconstructed, extended, equipped, or improved, in whole or in part, with the proceeds of bonds issued under this subchapter.
(b)
The nature and extent of the mortgage lien may be controlled by the ordinance or indenture including, without limitation, provisions pertaining to:
(1)
The release of all or part of the land, buildings, or other properties from the mortgage lien; and
(2)
The priority of the mortgage lien in the event of successive bond issues as authorized by §
14-167-212
.
(c)
The ordinance or indenture authorizing or securing the bonds may authorize any holder or registered owner of bonds issued under the provisions of this subchapter, or a trustee on behalf of all holders and registered owners, either at law or in equity, to enforce the mortgage lien and, by proper suit, compel the performance of the duties of the officials of the issuing municipality or county set forth in this subchapter and set forth in the ordinance or indenture authorizing or securing the bonds.
(d)
References in this subchapter to mortgage lien shall include and mean security interest in any personal property embodied in properties acquired, constructed, reconstructed, extended, equipped, or improved, in whole or in part, with the proceeds of bonds issued under this subchapter.
Acts 1981, No. 53, § 9; A.S.A. 1947, § 13-2409.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 167 - ENERGY RESOURCES AND CONSERVATION (§§ 14-167-201 — 14-167-220) › Subchapter 2 - ENERGY CONSERVATION AND RENEWABLE ENERGY RESOURCE FINANCING (§§ 14-167-201 — 14-167-220) › Section 14-167-217 - Receivership

(a)
(1)
The ordinance or indenture referred to in §
14-167-207
or §
14-167-209
may, but need not, provide that 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 the land, buildings, or other properties acquired, constructed, reconstructed, extended, equipped, or improved, in whole or in part, with the proceeds of bonds.
(2)
The receiver shall have the power to operate and maintain the land, buildings, or other properties and to charge and collect rates or rents sufficient to provide for the payment of the principal of and interest on the bonds, after providing for the payment of all costs of receivership and operating expenses of the land, buildings, or other properties, and to apply the income and revenues derived from the land, buildings, or other properties in conformity with this subchapter and the ordinance or indenture authorizing or securing the bonds.
(3)
When the default has been cured, the receivership shall be ended and the properties returned to the municipality or county.
(b)
(1)
The relief afforded by this section shall be construed to be in addition and supplemental to the remedies that may be afforded to the trustee for the holders and registered owners of the bonds in the ordinance or indenture authorizing or securing the bonds.
(2)
The relief shall be so granted and administered as to accord full recognition to priority rights of holders and registered owners of the bonds as to the pledge of revenues from, and the mortgage lien on, land, buildings, or other properties as specified in, and fixed by, the ordinance or indenture authorizing or securing successive bond issues.
Acts 1981, No. 53, § 10; A.S.A. 1947, § 13-2410.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 167 - ENERGY RESOURCES AND CONSERVATION (§§ 14-167-201 — 14-167-220) › Subchapter 2 - ENERGY CONSERVATION AND RENEWABLE ENERGY RESOURCE FINANCING (§§ 14-167-201 — 14-167-220) › Section 14-167-218 - Bonds - Tax exemption

Bonds issued under this subchapter and interest on them shall be exempt from all state, county, municipal, and school district taxes.
Acts 1981, No. 53, § 11; A.S.A. 1947, § 13-2411.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 167 - ENERGY RESOURCES AND CONSERVATION (§§ 14-167-201 — 14-167-220) › Subchapter 2 - ENERGY CONSERVATION AND RENEWABLE ENERGY RESOURCE FINANCING (§§ 14-167-201 — 14-167-220) › Section 14-167-219 - Public funds investment

(a)
Any municipality, or any board, commission, or other authority duly established by ordinance of any municipality, or the boards of trustees, respectively, of firemen's relief and pension funds and policemen's pension and relief funds of any municipality, or the board of trustees of any retirement system created by the General Assembly, may invest, in its discretion, any of its funds not immediately needed for its purposes in bonds issued under the provisions of this subchapter.
(b)
Bonds issued under the provisions of this subchapter shall be eligible to secure the deposit of public funds.
Acts 1981, No. 53, § 12; A.S.A. 1947, § 13-2412.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 167 - ENERGY RESOURCES AND CONSERVATION (§§ 14-167-201 — 14-167-220) › Subchapter 2 - ENERGY CONSERVATION AND RENEWABLE ENERGY RESOURCE FINANCING (§§ 14-167-201 — 14-167-220) › Section 14-167-220 - Intergovernmental agreements

Municipalities and counties are authorized to enter into and carry out appropriate agreements with any agency or political subdivision of the federal government or of the State of Arkansas pertaining to the accomplishment of the purposes authorized by this subchapter, including, without limitation, loan agreements for the borrowing of money and agreements pertaining to grants.
Acts 1981, No. 53, § 13; A.S.A. 1947, § 13-2413.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 168 - COMMUNITY REDEVELOPMENT GENERALLY (§§ 14-168-201 — 14-168-324) › Subchapter 3 - COMMUNITY REDEVELOPMENT - CREATION AND PROCEDURES (§§ 14-168-301 — 14-168-324) › Section 14-168-302 - Construction

The General Assembly declares that this subchapter is necessary for the welfare of this state and its inhabitants, and it is the intent of the General Assembly that it is to be broadly construed to effect its purpose.
Acts 2001, No. 1197, § 3.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 168 - COMMUNITY REDEVELOPMENT GENERALLY (§§ 14-168-201 — 14-168-324) › Subchapter 3 - COMMUNITY REDEVELOPMENT - CREATION AND PROCEDURES (§§ 14-168-301 — 14-168-324) › Section 14-168-303 - Powers supplemental

The powers conferred by this subchapter are in addition and supplemental to the powers conferred upon local governments and improvement districts by the General Assembly relating to the issuance of bonds.
Acts 2001, No. 1197, § 4.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 168 - COMMUNITY REDEVELOPMENT GENERALLY (§§ 14-168-201 — 14-168-324) › Subchapter 3 - COMMUNITY REDEVELOPMENT - CREATION AND PROCEDURES (§§ 14-168-301 — 14-168-324) › Section 14-168-307 - Project plan - Amendment

(a)
The local governing body may adopt by ordinance an amendment to a project plan.
(b)
(1)
Adoption of an amendment to a project plan shall be preceded by a public hearing held by the local governing body as provided in §
14-168-306(e)(1)
, at which interested parties shall be afforded a reasonable opportunity to express their views on the amendment.
(2)
(A)
Notice of the hearing shall be published in a newspaper of general circulation in the city or county at least fifteen (15) days prior to the hearing.
(B)
Prior to publication, a copy of the notice shall be sent by first-class mail to the chief executive officers of all local governments or entities having the power to levy taxes on property within the district and to the superintendent of any school district that includes property located within the proposed district.
(c)
(1)
One (1) or more existing redevelopment districts may be combined pursuant to lawfully adopted amendments to the original plans for each district.
(2)
Provided that the local governing body finds that the combination of the districts will not impair the security for any bonds previously issued pursuant to this subchapter.
Acts 2001, No. 1197, § 8; 2005, No. 2231, § 2.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 168 - COMMUNITY REDEVELOPMENT GENERALLY (§§ 14-168-201 — 14-168-324) › Subchapter 3 - COMMUNITY REDEVELOPMENT - CREATION AND PROCEDURES (§§ 14-168-301 — 14-168-324) › Section 14-168-308 - Termination of redevelopment districts

(a)
A redevelopment district shall not be in existence for a period longer than twenty-five (25) years, unless under the original redevelopment plan or by amendment of the original redevelopment plan bonds have been issued and the bonds would not be fully paid until after the date that is twenty-five (25) years from the date of creation of the district.
(b)
The local governing body may set a shorter period for the existence of the district and may also provide that bonds shall not have a final maturity on a date later than the termination date of the district.
(c)
Upon termination of the district, further ad valorem tax revenues shall not be distributed to the special fund of the district.
(d)
(1)
The local governing body shall adopt upon the expiration of the time periods set forth in this section an ordinance terminating the redevelopment district.
(2)
A district shall not be terminated so long as bonds with respect to the district remain outstanding.
Amended by Act 2023, No. 838,§ 1, eff. 8/1/2023.
Acts 2001, No. 1197, § 9; 2005, No. 2231, § 2; 2009, No. 1181, § 2.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 168 - COMMUNITY REDEVELOPMENT GENERALLY (§§ 14-168-201 — 14-168-324) › Subchapter 3 - COMMUNITY REDEVELOPMENT - CREATION AND PROCEDURES (§§ 14-168-301 — 14-168-324) › Section 14-168-309 - Costs of formation

(a)
The local government may pay, but shall have no obligation to pay, the costs of preparing the project plan or forming the redevelopment district.
(b)
If the local government elects not to incur those costs, they shall be made project costs of the district and reimbursed from bond proceeds or other financing, or may be paid by developers, property owners, or other persons interested in the success of the redevelopment project.
Acts 2001, No. 1197, § 10.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 168 - COMMUNITY REDEVELOPMENT GENERALLY (§§ 14-168-201 — 14-168-324) › Subchapter 3 - COMMUNITY REDEVELOPMENT - CREATION AND PROCEDURES (§§ 14-168-301 — 14-168-324) › Section 14-168-310 - Overlapping districts

The boundaries of any redevelopment districts shall not overlap with any other redevelopment district.
Acts 2001, No. 1197, § 11.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 168 - COMMUNITY REDEVELOPMENT GENERALLY (§§ 14-168-201 — 14-168-324) › Subchapter 3 - COMMUNITY REDEVELOPMENT - CREATION AND PROCEDURES (§§ 14-168-301 — 14-168-324) › Section 14-168-311 - Valuation of real property

(a)
(1)
Upon and after the effective date of the creation of a redevelopment project district, the county assessor of the county in which the district is located shall transmit to the county clerk, upon the request of the local governing body, the base value, total ad valorem rate, debt service ad valorem rate, and applicable ad valorem rate for the redevelopment district and shall certify to it.
(2)
(A)
The assessor shall undertake, upon request of the local governing body, an investigation, examination, and inspection of the taxable real property in the district and shall reaffirm or revalue the base value for assessment of the property in accordance with the findings of the investigation, examination, and inspection.
(B)
The assessor shall determine, according to his or her best judgment from all sources available to him or her, the full aggregate value of the taxable property in the district, which aggregate valuation, upon certification thereof by the assessor to the clerk, constitutes the base value of the area.
(b)
(1)
(A)
(i)
The assessor shall give notice annually to the designated finance officer of each taxing unit having the power to levy taxes on property within each district of the current value and the incremental value of the property in the redevelopment district.
(ii)
The assessor shall also determine the tax increment by applying the applicable ad valorem rate to the incremental value.
(B)
The notice shall also explain that the entire amount of the tax increment allocable to property within the redevelopment district will be paid to the special fund of the redevelopment district.
(2)
The assessor shall identify upon the assessment roll those parcels of property which are within each existing district specifying on it the name of each district.
Acts 2001, No. 1197, § 12.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 168 - COMMUNITY REDEVELOPMENT GENERALLY (§§ 14-168-201 — 14-168-324) › Subchapter 3 - COMMUNITY REDEVELOPMENT - CREATION AND PROCEDURES (§§ 14-168-301 — 14-168-324) › Section 14-168-313 - Payments in lieu of taxes and other revenues

(a)
The local governing body may elect to deposit into the special fund of the redevelopment district all or any portion of payments in lieu of taxes on property within the redevelopment district, including that portion of the payments in lieu of taxes that would have been distributed to other local political subdivisions under §
14-164-703
.
(b)
Other revenues to be derived from the redevelopment project may also be deposited into the special fund at the direction of the local governing body.
Acts 2001, No. 1197, § 14; 2005, No. 2231, § 3.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 168 - COMMUNITY REDEVELOPMENT GENERALLY (§§ 14-168-201 — 14-168-324) › Subchapter 3 - COMMUNITY REDEVELOPMENT - CREATION AND PROCEDURES (§§ 14-168-301 — 14-168-324) › Section 14-168-314 - Bonds generally

(a)
(1)
Bonds may be issued for project costs which may include interest prior to and during the carrying out of a project and for a reasonable time thereafter, with such reserves as may be required by any agreement securing the bonds and all other expenses incidental to planning, carrying out, and financing the project.
(2)
The proceeds of bonds may also be used to reimburse the costs of any interim financing entered on behalf of the redevelopment district.
(b)
Bonds issued under this subchapter shall be payable solely from the tax increment or other revenues deposited to the credit of the special fund of the redevelopment district and shall not be deemed to be a pledge of the faith and credit of the local government.
(c)
Every bond issued under this subchapter shall recite on its face that it is a special obligation bond payable solely from the tax increment and other revenues pledged for its repayment.
Acts 2001, No. 1197, § 15.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 168 - COMMUNITY REDEVELOPMENT GENERALLY (§§ 14-168-201 — 14-168-324) › Subchapter 3 - COMMUNITY REDEVELOPMENT - CREATION AND PROCEDURES (§§ 14-168-301 — 14-168-324) › Section 14-168-315 - Redevelopment bonds or notes - Authority to issue

For the purpose of paying project costs or of refunding bonds, notes, or other evidences of indebtedness issued under this subchapter for the purpose of paying project costs, the local governing body may issue bonds, notes, or other evidences of indebtedness, in one (1) or more series, with the bonds or notes payable out of positive tax increments and other revenues deposited to the special fund of the redevelopment district.
Acts 2001, No. 1197, § 16; 2005, No. 2231, § 4.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 168 - COMMUNITY REDEVELOPMENT GENERALLY (§§ 14-168-201 — 14-168-324) › Subchapter 3 - COMMUNITY REDEVELOPMENT - CREATION AND PROCEDURES (§§ 14-168-301 — 14-168-324) › Section 14-168-316 - Redevelopment bonds or notes - Authorizing resolution

(a)
Redevelopment bonds and notes shall be authorized by ordinance of the local governing body.
(b)
(1)
The ordinance shall state the name of the redevelopment project district, the amount of bonds or notes authorized, and the interest rate to be borne by the bonds or notes.
(2)
The ordinance may prescribe the terms, form, and content of the bonds or notes and such other matters as the local governing body deems useful, or it may include by reference the terms and conditions set forth in a trust indenture or other document securing the redevelopment bonds.
Acts 2001, No. 1197, § 17.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 168 - COMMUNITY REDEVELOPMENT GENERALLY (§§ 14-168-201 — 14-168-324) › Subchapter 3 - COMMUNITY REDEVELOPMENT - CREATION AND PROCEDURES (§§ 14-168-301 — 14-168-324) › Section 14-168-317 - Redevelopment bonds or notes - Terms, conditions, etc

(a)
(1)
Redevelopment bonds or notes may not be issued in an amount exceeding the estimated aggregate project costs, including all costs of issuance of the bonds or notes.
(2)
The redevelopment bonds and notes shall not be included in the computation of the constitutional debt limitation of a local government.
(b)
(1)
The bonds or notes shall mature over a period not exceeding thirty (30) years.
(2)
The bonds or notes may contain a provision authorizing their redemption, in whole or in part, at stipulated prices, at the option of the local government on any interest payment date and, if so, shall provide the method of selecting the bonds or notes to be redeemed.
(3)
The principal and interest on the bonds and notes may be payable at any place set forth in the resolution, trust indenture, or other document governing the bonds.
(4)
The bonds or notes shall be issued in registered form.
(5)
The bonds or notes may be in any denominations.
(6)
Each such bond or note is declared to be a negotiable instrument.
(c)
The bonds or notes may be sold at public or private sale.
(d)
Insofar as they are consistent with subdivision (a)(1) of this section and subsections (b) and (c) of this section, the provisions of §§
14-169-220
and
14-169-221
relating to procedures for issuance, form, contents, execution, negotiation, and registration of municipal bonds and notes are incorporated by reference in subdivision (a)(1) of this section and subsections (b) and (c) of this section.
(e)
(1)
The bonds may be refunded or refinanced and refunding bonds may be issued in any principal amount.
(2)
Provided, that the last maturity of the refunding bonds shall not be later than the last maturity of the bonds being refunded.
Amended by Act 2023, No. 838,§ 2, eff. 8/1/2023.
Acts 2001, No. 1197, § 18; 2005, No. 2231, § 5.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 168 - COMMUNITY REDEVELOPMENT GENERALLY (§§ 14-168-201 — 14-168-324) › Subchapter 3 - COMMUNITY REDEVELOPMENT - CREATION AND PROCEDURES (§§ 14-168-301 — 14-168-324) › Section 14-168-318 - Redevelopment bonds or notes - Security - Marketability

To increase the security and marketability of redevelopment bonds or notes, the local government may:
(1)
Create a lien for the benefit of the bondholders upon any public improvements or public works financed by the bonds; or
(2)
Make such covenants and do any and all such actions, not inconsistent with the Arkansas Constitution, which may be necessary or convenient or desirable in order to additionally secure the bonds or notes, or which tend to make the bonds or notes more marketable according to the best judgment of the local governing body.
Acts 2001, No. 1197, § 19.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 168 - COMMUNITY REDEVELOPMENT GENERALLY (§§ 14-168-201 — 14-168-324) › Subchapter 3 - COMMUNITY REDEVELOPMENT - CREATION AND PROCEDURES (§§ 14-168-301 — 14-168-324) › Section 14-168-319 - Redevelopment bonds or notes - Special fund for repayment

(a)
Redevelopment bonds and notes are payable out of the special fund created for each redevelopment district under this subchapter.
(b)
(1)
The local governing body shall irrevocably pledge all or part of the special fund to the payment of the bonds or notes.
(2)
The special fund, or the designated part thereof, may thereafter be used only for the payment of the bonds or notes and their interest until they have been fully paid.
(c)
A holder of the bonds or notes shall have a lien against the special fund for payment of the bonds or notes and interest on them and may bring suit, either at law or in equity, to enforce the lien.
Acts 2001, No. 1197, § 20.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 168 - COMMUNITY REDEVELOPMENT GENERALLY (§§ 14-168-201 — 14-168-324) › Subchapter 3 - COMMUNITY REDEVELOPMENT - CREATION AND PROCEDURES (§§ 14-168-301 — 14-168-324) › Section 14-168-320 - Redevelopment bonds or notes - Tax exemption

Bonds and notes issued under this subchapter, together with the interest and income therefrom, shall be exempt from all state, county, and municipal income taxes.
Acts 2001, No. 1197, § 21.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 168 - COMMUNITY REDEVELOPMENT GENERALLY (§§ 14-168-201 — 14-168-324) › Subchapter 3 - COMMUNITY REDEVELOPMENT - CREATION AND PROCEDURES (§§ 14-168-301 — 14-168-324) › Section 14-168-321 - Excess funds

(a)
Moneys received in the special fund of the district in excess of amounts needed to pay project costs may be used only by the local governing body for the redemption of outstanding bonds, notes, or other evidences of indebtedness issued by the redevelopment district or for distribution to any taxing unit in such amounts as may be determined by the local governing body.
(b)
Upon termination of the district, all amounts in the special fund of the district may be used by the local governing body for any lawful purpose.
Acts 2001, No. 1197, § 22; 2005, No. 2231, § 6.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 168 - COMMUNITY REDEVELOPMENT GENERALLY (§§ 14-168-201 — 14-168-324) › Subchapter 3 - COMMUNITY REDEVELOPMENT - CREATION AND PROCEDURES (§§ 14-168-301 — 14-168-324) › Section 14-168-322 - Impact reports

(a)
The local governing body annually shall report to the Assessment Coordination Division the current value and incremental value of a redevelopment district and the properties adjacent to the redevelopment district.
(b)
The division, in cooperation with other state agencies and local governments, shall make a comprehensive impact report to the Governor and to the General Assembly at the beginning of each biennium as to the economic, social, and financial effect and impact of community redevelopment financing projects.
Acts 2001, No. 1197, § 23; 2005, No. 2231, § 7.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 168 - COMMUNITY REDEVELOPMENT GENERALLY (§§ 14-168-201 — 14-168-324) › Subchapter 3 - COMMUNITY REDEVELOPMENT - CREATION AND PROCEDURES (§§ 14-168-301 — 14-168-324) › Section 14-168-323 - Value of assessed property in a redevelopment district

(a)
If state funding to a school district is calculated with regard to the value of assessed property located in the school district, the incremental value of real property within a redevelopment district shall not be included in the assessed value of the real property within the school district for purposes of computing school district funding if the real property is located within the redevelopment district and within the school district and the assessed value of the real property increases above the base value.
(b)
Subsection (a) of this section shall apply for each school year during which the tax increment for real property within the redevelopment district is distributed pursuant to §
14-168-312
.
Acts 2003 (2nd Ex. Sess.), No. 43, § 1.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 168 - COMMUNITY REDEVELOPMENT GENERALLY (§§ 14-168-201 — 14-168-324) › Subchapter 3 - COMMUNITY REDEVELOPMENT - CREATION AND PROCEDURES (§§ 14-168-301 — 14-168-324) › Section 14-168-324 - Exemption - Library millage

Property taxes levied for libraries under Arkansas Constitution, Amendment 30, or Arkansas Constitution, Amendment 38, are exempt from this subchapter and shall not be diverted from the use for which they were levied.
Acts 2005, No. 1275, § 2.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 169 - HOUSING AUTHORITIES AND URBAN RENEWAL AGENCIES (§§ 14-169-101 — 14-169-1108) › Subchapter 1 - GENERAL PROVISIONS (§§ 14-169-101 — 14-169-109) › Section 14-169-101 - Definitions

As used in this act, unless the context otherwise requires:
(1)
"Municipality" means any city, town, or other municipality in the state;
(2)
"Bonds" means any bonds, notes, interim certificates, debentures, obligations, or other evidences of indebtedness issued by a housing authority;
(3)
"Governing body" means, in the case of a municipality, the council or other legislative body, and in the case of a county, the county court or other legislative body;
(4)
"Clerk" means the clerk or the officer with similar duties;
(5)
"Housing Authorities Act" means §§
14-169-201
-
14-169-205
,
14-169-207
-
14-169-225
,
14-169-227
,
14-169-229
-
14-169-240
, and
14-169-804
;
(6)
"Supplemental Housing Authorities Act" means §§
14-169-223
,
14-169-228
,
14-169-237
,
14-169-238
,
14-169-302
-
14-169-313
,
14-169-501
-
14-169-503
, and this act.
Acts 1943, No. 280, § 14; A.S.A. 1947, § 19-3051.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 169 - HOUSING AUTHORITIES AND URBAN RENEWAL AGENCIES (§§ 14-169-101 — 14-169-1108) › Subchapter 1 - GENERAL PROVISIONS (§§ 14-169-101 — 14-169-109) › Section 14-169-102 - Powers supplemental

(a)
The powers conferred by this act shall be in addition and supplemental to the powers conferred by any other law.
(b)
Nothing contained in this act shall affect the term of office of any commissioner of a housing authority heretofore appointed.
(c)
The enactment of this act shall not be construed to render invalid any action or proceeding had or taken for the creation or establishment of a housing authority pursuant to laws in existence prior to the enactment of this act.
Acts 1943, No. 280, § 15; A.S.A. 1947, § 19-3052.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 169 - HOUSING AUTHORITIES AND URBAN RENEWAL AGENCIES (§§ 14-169-101 — 14-169-1108) › Subchapter 1 - GENERAL PROVISIONS (§§ 14-169-101 — 14-169-109) › Section 14-169-103 - Appointment and meetings of commissioners

Nothing contained in the Housing Authorities Act or the Supplemental Housing Authorities Act shall be construed to prevent meetings of the commissioners of a housing authority anywhere within the perimeter boundaries of the area of operation of the authority or within any additional area where the housing authority is authorized to undertake a housing project, or to prevent the appointment of any person as a commissioner of the authority who resides within such boundaries or additional area and who is otherwise eligible for appointment under these statutes.
Acts 1943, No. 280, § 10; A.S.A. 1947, § 19-3050.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 169 - HOUSING AUTHORITIES AND URBAN RENEWAL AGENCIES (§§ 14-169-101 — 14-169-1108) › Subchapter 1 - GENERAL PROVISIONS (§§ 14-169-101 — 14-169-109) › Section 14-169-105 - Aid and cooperation by public bodies

Any municipality, county, or other public body shall have the same rights and powers to aid and cooperate in the development or administration of any housing project of a housing authority established pursuant to the Supplemental Housing Authorities Act as such public body has, under any provisions of law, to aid or cooperate in the development or administration of housing projects of a housing authority established pursuant to the Housing Authorities Act.
Acts 1943, No. 280, § 12; A.S.A. 1947, § 19-3047.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 169 - HOUSING AUTHORITIES AND URBAN RENEWAL AGENCIES (§§ 14-169-101 — 14-169-1108) › Subchapter 1 - GENERAL PROVISIONS (§§ 14-169-101 — 14-169-109) › Section 14-169-106 - Bonds as legal investments, etc

The bonds and other obligations issued by any housing authority established pursuant to the Supplemental Housing Authorities Act shall be legal investments, security for public deposits, and negotiable to the same extent and for the same persons, institutions, associations, corporations, public and private bodies, and officers as bonds or other obligations issued by a housing authority established pursuant to the Housing Authorities Act.
Acts 1943, No. 280, § 13; A.S.A. 1947, § 19-3048.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 169 - HOUSING AUTHORITIES AND URBAN RENEWAL AGENCIES (§§ 14-169-101 — 14-169-1108) › Subchapter 1 - GENERAL PROVISIONS (§§ 14-169-101 — 14-169-109) › Section 14-169-107 - Criminal background checks on applicants to public housing authorities - Definitions

(a)
Upon the request of a public housing authority, a municipal police department may perform a criminal background check on an adult applicant to the public housing authority. The municipal police department shall require the signature of the applicant on an acceptable form permitting the public housing authority to secure the required background check.
(b)
The municipal police department shall not release the criminal background records of the applicant, but shall notify the public housing authority whether or not the applicant meets the occupancy policy requirements of the public housing authority.
(c)
A municipal police department may perform the criminal background check at a cost of no more than fifteen dollars ($15.00) to the public housing authority.
(d)
As used in this section:
(1)
"Criminal background check" means retrievable data from the criminal information system of the Arkansas Crime Information Center;
(2)
"Public housing authority" means a housing authority established under §
14-169-207
, a regional housing authority established under §
14-169-304
, or a consolidated housing authority established under §
14-169-401
; and
(3)
"Occupancy policy" means legal rules and regulations for a public housing authority which outline application and residency requirements.
Acts 1999, No. 1473, § 1.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 169 - HOUSING AUTHORITIES AND URBAN RENEWAL AGENCIES (§§ 14-169-101 — 14-169-1108) › Subchapter 1 - GENERAL PROVISIONS (§§ 14-169-101 — 14-169-109) › Section 14-169-108 - Child support cooperation - Legislative intent - Definitions

(a)
This section is:
(1)
Intended to encourage and permit a public housing authority to give priority to a person who cooperates with the Office of Child Support Enforcement over a person who does not cooperate with the office;
(2)
Not intended to permit a public housing authority to give priority to a person who cooperates with the office over a person who does not have a child support plan; and
(3)
Not intended to penalize a custodial parent of a child or permit a public housing authority to penalize a custodial parent of a child when the noncustodial parent of the child fails to pay child support as ordered by a court.
(b)
As used in this section:
(1)
"Child support cooperation requirement" means cooperation as described in:
(A)
The Supplemental Nutrition Assistance Program as authorized under
7 C.F.R. § 273.11
, as it existed on January 1, 2021; and
(B)
7 C.F.R. § 273.11(o)
and
7 C.F.R. § 273.11(p)
, as they existed on January 1, 2021, including without limitation the exemptions for good cause; and
(2)
"Public housing authority" means a housing authority created under §
14-169-207
.
(c)
(1)
A public housing authority shall operate, among eligible households on a waiting list for benefits, a housing-authority-wide local preference prioritizing the admission of a person who is compliant with the child support cooperation requirement, whether or not the person receives nutrition assistance benefits.
(2)
A public housing authority shall determine the weight of the housing-authority-wide local preference prioritizing the admission of a person who is compliant with the child support cooperation requirement as compared to another applicable local preference based on local needs.
(d)
A public housing authority shall:
(1)
Operate a housing-authority-wide child support cooperation requirement; and
(2)
Require compliance by a custodial parent or noncustodial parent as a condition of eligibility for housing benefits and assistance.
(e)
This section does not permit a public housing authority to:
(1)
Give priority to a person who cooperates with the office over a person who does not have a child support plan; or
(2)
Penalize a custodial parent of a child when the noncustodial parent of the child fails to pay child support as ordered by a court.
Added by Act 2021, No. 1064,§ 1, eff. 7/28/2021.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 169 - HOUSING AUTHORITIES AND URBAN RENEWAL AGENCIES (§§ 14-169-101 — 14-169-1108) › Subchapter 2 - HOUSING AUTHORITIES IN CITIES AND COUNTIES (§§ 14-169-201 — 14-169-240) › Section 14-169-201 - Title

This subchapter may be referred to as the "Housing Authorities Act."
Acts 1937, No. 298, § 1; Pope's Dig., § 10059; A.S.A. 1947, § 19-3001.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 169 - HOUSING AUTHORITIES AND URBAN RENEWAL AGENCIES (§§ 14-169-101 — 14-169-1108) › Subchapter 2 - HOUSING AUTHORITIES IN CITIES AND COUNTIES (§§ 14-169-201 — 14-169-240) › Section 14-169-202 - Legislative declarations

It is declared that:
(1)
There exist in the state insanitary or unsafe dwelling accommodations and that persons of low income are forced to reside in insanitary or unsafe accommodations; within the state there is a shortage of safe or sanitary dwelling accommodations available at rents which persons of low income can afford, and that those persons are forced to occupy overcrowded and congested dwelling accommodations; these conditions cause an increase in and spread of disease and crime and constitute a menace to the health, safety, morals, and welfare of the residents of the state and impair economic values; these conditions necessitate excessive and disproportionate expenditures of public funds for crime prevention and punishment, public health and safety, fire and accident protection, and other public services and facilities;
(2)
Slum areas in the state cannot be cleared, nor can the shortage of safe and sanitary dwellings for persons of low income be relieved, through the operation of private enterprise, and that the construction of housing projects for persons of low income, as defined in §
14-169-203
, would therefore not be competitive with private enterprise;
(3)
The clearance, replanning, and reconstruction of the areas in which insanitary or unsafe housing conditions exist and the providing of safe and sanitary dwelling accommodations for persons of low income are exclusively public uses and purposes for which public money may be spent and private property acquired and are governmental functions of state concern;
(4)
It is a proper public purpose for any state public body to aid, as provided in this subchapter, any housing authority operating within its boundaries or jurisdiction or any housing project located therein, as the state public body derives immediate benefits and advantages from such an authority or project;
(5)
It is in the public interest that work on housing projects be commenced as soon as possible in order to relieve unemployment which constitutes an emergency; and
(6)
The necessity in the public interest for the provisions enacted in this subchapter is declared as a matter of legislative determination.
Acts 1937, No. 298, § 2; Pope's Dig., § 10060; A.S.A. 1947, § 19-3002.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 169 - HOUSING AUTHORITIES AND URBAN RENEWAL AGENCIES (§§ 14-169-101 — 14-169-1108) › Subchapter 2 - HOUSING AUTHORITIES IN CITIES AND COUNTIES (§§ 14-169-201 — 14-169-240) › Section 14-169-204 - Provisions controlling

Insofar as the provisions of this subchapter are inconsistent with the provisions of any other law, the provisions of this subchapter shall be controlling.
Acts 1937, No. 298, § 30; Pope's Dig., § 10088; A.S.A. 1947, § 19-3034.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 169 - HOUSING AUTHORITIES AND URBAN RENEWAL AGENCIES (§§ 14-169-101 — 14-169-1108) › Subchapter 2 - HOUSING AUTHORITIES IN CITIES AND COUNTIES (§§ 14-169-201 — 14-169-240) › Section 14-169-205 - Planning, etc., laws applicable

(a)
All housing projects of a housing authority shall be subject to the planning, zoning, sanitary, and building laws, ordinances, and regulations applicable to the locality in which the housing project is situated.
(b)
In the planning and location of any housing project, an authority shall take into consideration the relationship of the project to any larger plan or long-range program for the development of the area in which the authority functions.
Acts 1937, No. 298, § 13; Pope's Dig., § 10071; A.S.A. 1947, § 19-3016.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 169 - HOUSING AUTHORITIES AND URBAN RENEWAL AGENCIES (§§ 14-169-101 — 14-169-1108) › Subchapter 2 - HOUSING AUTHORITIES IN CITIES AND COUNTIES (§§ 14-169-201 — 14-169-240) › Section 14-169-206 - Validating provisions

(a)
The establishment and organization of housing authorities pursuant to the provisions of this subchapter, together with all proceedings, acts, and things heretofore undertaken, performed, or done with reference thereto, are validated, ratified, confirmed, approved, and declared legal in all respects, notwithstanding any defect or irregularity in them or any want of statutory authority.
(b)
All contracts, agreements, obligations, and undertakings of housing authorities heretofore entered into relating to financing or aiding in the development, construction, maintenance, or operation of any housing projects or to obtaining aid for them from the United States, including without limiting the generality of the foregoing, loan and annual contributions contracts, leases with the United States, agreements with municipalities, counties, or other public bodies, including agreements which are pledged or authorized to be pledged for the protection of the holders of any notes or bonds issued by authorities or which are otherwise made a part of the contract with the holders of notes or bonds, relating to cooperation and contributions in aid of projects, payments, if any, in lieu of taxes, furnishing of services and facilities, and the elimination of unsafe and insanitary dwellings, and contracts for the construction of housing projects, together with all proceedings, acts, and things heretofore undertaken, performed, or done with reference to them, are validated, ratified, confirmed, approved, and declared legal in all respects, notwithstanding any defect or irregularity in them or any want of statutory authority.
(c)
All proceedings, acts, and things heretofore undertaken, performed, or done in or for the authorization, issuance, sale, execution, and delivery of notes and bonds by housing authorities for the purpose of financing or aiding in the development or construction of housing projects, and all notes and bonds heretofore issued by authorities, are validated, ratified, confirmed, approved, and declared legal in all respects, notwithstanding any defect or irregularity in them or any want of statutory authority.
Acts 1941, No. 410, §§ 1-3; A.S.A. 1947, §§ 19-3035 -- 19-3037.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 169 - HOUSING AUTHORITIES AND URBAN RENEWAL AGENCIES (§§ 14-169-101 — 14-169-1108) › Subchapter 2 - HOUSING AUTHORITIES IN CITIES AND COUNTIES (§§ 14-169-201 — 14-169-240) › Section 14-169-209 - Commissioner or employee interest prohibited

(a)
No commissioner or employee of a housing authority shall acquire any interest, direct or indirect, in any housing project or in any property included or planned to be included in any project, nor shall he have any interest, direct or indirect, in any contract or proposed contract for materials or services to be furnished or used in connection with any housing project.
(b)
(1)
If any commissioner or employee of an authority owns or controls an interest, direct or indirect, in any property included or planned to be included in any housing project, he immediately shall disclose it, in writing, to the authority. The disclosure shall be entered upon the minutes of the authority.
(2)
Failure so to disclose an interest shall constitute misconduct in office.
Acts 1937, No. 298, § 6; Pope's Dig., § 10064; A.S.A. 1947, § 19-3009.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 169 - HOUSING AUTHORITIES AND URBAN RENEWAL AGENCIES (§§ 14-169-101 — 14-169-1108) › Subchapter 2 - HOUSING AUTHORITIES IN CITIES AND COUNTIES (§§ 14-169-201 — 14-169-240) › Section 14-169-210 - Removal of commissioners

(a)
A commissioner of a city or county housing authority may be removed from office for inefficiency or neglect of duty or misconduct in office only by the vote of the majority of the city council or county quorum court, as the case may be.
(b)
Removal shall occur only after the commissioner has been given a copy of the charges, at least ten (10) days prior to the hearing on the charges, and the commissioner has had an opportunity to be heard in person or by counsel.
(c)
In the event of the removal of any commissioner, a record of the proceedings, together with the charges and findings on them, shall be filed in the office of the clerk.
Acts 1937, No. 298, § 7; Pope's Dig., § 10065; Acts 1977, No. 278, § 1; A.S.A. 1947, § 19-3010.
Arkansas Code of 1987 (2023) › Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706) › Subtitle 10 - ECONOMIC DEVELOPMENT AND TOURISM GENERALLY (§§ 14-163-201 — 14-176-113) › Chapter 169 - HOUSING AUTHORITIES AND URBAN RENEWAL AGENCIES (§§ 14-169-101 — 14-169-1108) › Subchapter 2 - HOUSING AUTHORITIES IN CITIES AND COUNTIES (§§ 14-169-201 — 14-169-240) › Section 14-169-211 - Powers of authority generally

A housing authority shall constitute a public body corporate and politic, exercising exclusively public and essential governmental functions and having all the powers necessary or convenient to carry out and effectuate the purposes and provisions of this subchapter, including the following powers in addition to others granted in this subchapter:
(1)
To sue and be sued;
(2)
To have a seal and to alter the same at pleasure;
(3)
To have perpetual succession;
(4)
To make and execute contracts and other instruments necessary or convenient to the exercise of the powers of the authority; and
(5)
To make and from time to time amend and repeal bylaws, rules, and regulations not inconsistent with this subchapter to carry into effect the powers and purposes of the authority;
(6)
To invest any funds held in reserves or sinking funds, or any funds not required for immediate disbursement, in property or securities in which savings banks may legally invest funds subject to their control; and
(7)
To purchase its bonds at a price not more than the principal amount thereof and accrued interest, all bonds so purchased to be cancelled;
(8)
To exercise all or any part or combination of the powers granted in this section and §§
14-169-212
-
14-169-218
and
14-169-225(b)
.
Acts 1937, No. 298, § 8; Pope's Dig., § 10066; Acts 1971, No. 294, § 2; A.S.A. 1947, § 19-3011.