Arkansas Statutes

§ 14-184-115 — Powers of improvement district generally

Arkansas·Title 14

A central business improvement district has all powers necessary or desirable to undertake and carry out all parts of the planned improvement, including without limitation:

(1)Existence as a body corporate, having the power to sue and to be sued and to contract in its name;
(2)To own, acquire, improve, operate, maintain, sell, lease as lessor or lessee, and contract concerning, or otherwise deal in or dispose of, any and all real and personal property necessary or desirable for the accomplishment of the plan;
(3)To do all of the following:
(A)Acquire, construct, install, operate, maintain, and contract regarding:
(i)Pedestrian or shopping malls;
(ii)Plazas;
(iii)Sidewalks or moving sidewalks;
(iv)Parks;
(v)Parking lots;
(vi)Parking garages;
(vii)Offices;
(viii)Urban residential

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Legislative History

Amended by Act 2019, No. 383,§ 22, eff. 7/24/2019. Amended by Act 2019, No. 383,§ 21, eff. 7/24/2019. Amended by Act 2019, No. 383,§ 20, eff. 7/24/2019. Acts 1973, No. 162, § 14; 1975, No. 402, § 5; A.S.A. 1947, § 20-1613; Acts 2007, No. 517, § 3.

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