Arkansas Statutes
§ 18-15-1505 — Urban renewal agencies
Arkansas·Title 18
(a)(1) (A) From and after the passage of this act, any urban renewal agency in this state created pursuant to the provisions of §§ 14-169-601 - 14-169-609 , 14-169-701 - 14-169-713 , and 14-169-801 shall have the power of eminent domain to carry out urban renewal plan objectives.
(B)The procedure to be followed by the urban renewal agency to acquire property by eminent domain shall be that the board of commissioners shall, by resolution, declare that:
(i)The acquisition of certain real property is necessary for urban renewal plan objectives which have been approved by the governing body of the municipal government after a public hearing;
(ii)Negotiations for acquisition have been unsuccessful; and (iii) Suit is authorized to condemn the property.
(2)(A) An urban renewal agency may exe
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Legislative History
Acts 1971, No. 542, §§ 1, 2; A.S.A. 1947, §§ 19-3075, 19-3076.
Nearby Sections
15
§ 18-1-101
Lien holder form§ 18-11-106
Adverse possession§ 18-11-108
Liability for criminal acts§ 18-11-109
Property owner right to repair - Definition§ 18-11-201
Trustees to hold in perpetual succession§ 18-11-202
Authority of trustees§ 18-11-301
Purpose