Arkansas Statutes

§ 14-184-118 — Supplemental annual assessments

Arkansas·Title 14
(a)(1) In order to effectuate the plan of improvement and to maintain the improvements constructed under it, it may be desirable to provide additional funds for operation, maintenance, repairs, and replacements, and to levy a supplemental annual assessment upon the property owners within a central business improvement district in order to provide funds for these purposes.
(2)Supplemental annual assessment for operation, maintenance, repairs, and replacements shall be in addition to that levied and collected upon the assessment of benefits which has been, or may be, pledged and mortgaged to retire bonded indebtedness of the district as authorized in this subchapter.
(b)(1) The petition requesting the creation of the district and the ordinances creating the district and levying the tax on

Free access — add to your briefcase to read the full text and ask questions with AI

Arkansas § 14-184-118 (Supplemental annual assessments) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 1973, No. 162, § 17; A.S.A. 1947, § 20-1616.

Nearby Sections

15
View on official source ↗