Arkansas § 14-235-205 Authority to own, etc., systems

Arkansas Statutes

§ 14-235-205 — Authority to own, etc., systems

(a)A municipality shall have authority to:

(1)Acquire, by gift, grant, purchase, condemnation, or otherwise, all necessary lands, rights-of-way, and property within or without the corporate limits of the city or town; and (2) Issue revenue bonds to pay the cost of these works and property.

(b)No obligation shall be incurred by the municipality in the construction or acquisition except such as is payable solely from the funds provided under the authority of this subchapter.

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(a) A municipality shall have authority to: (1) Acquire, by gift, grant, purchase, condemnation, or otherwise, all necessary lands, rights-of-way, and property within or without the corporate limits of the city or town; and (2) Issue revenue bonds to pay the cost of these works and property. (b) No obligation shall be incurred by the municipality in the construction or acquisition except such as is payable solely from the funds provided under the authority of this subchapter.

Arkansas § 14-235-205 (Authority to own, etc., systems) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.