Arkansas § 14-95-502 Financing

Arkansas Statutes

§ 14-95-502 — Financing

(a)To finance the cost of the program, the governing body of each municipality shall adopt a resolution pledging the urban service district's service charges, or a portion thereof, to finance the program compiled for the district.

(b)The resolution shall specify:

(1)The district's projected revenues;

(2)The projected costs of the program; and (3) The period of time for which the district's revenues shall be obligated.

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(a) To finance the cost of the program, the governing body of each municipality shall adopt a resolution pledging the urban service district's service charges, or a portion thereof, to finance the program compiled for the district. (b) The resolution shall specify: (1) The district's projected revenues; (2) The projected costs of the program; and (3) The period of time for which the district's revenues shall be obligated.

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