2010 Arkansas Code
Title 14 - Local Government
Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities
Chapter 184 - Central Business Improvement Districts
Subchapter 2 - Financing of Improvements
§ 14-184-205 - Revenue bonds authorized.

14-184-205. Revenue bonds authorized.

Central business improvement districts created under the authority of 14-184-101 et seq. are authorized to issue revenue bonds for the purpose of providing funds for the acquisition, construction, reconstruction, repair, replacement, renovation, or any other restoration or improvement of real and personal property located within the boundaries of the district which, in the opinion of the board of commissioners, will further the elimination of urban blight and decay and provide for the modernization and general improvement of the properties within the district.