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2019 Arkansas Code
Title 14 - Local Government
Subtitle 10 - Economic Development and Tourism Generally
Chapter 176 - Local Job Creation, Job Expansion, and Economic Development Act of 2017
§ 14-176-103. Authorization for Obtaining and Appropriating Money
Universal Citation: AR Code § 14-176-103 (2019)
(a) A municipality or county may obtain or appropriate money for a corporation, association, institution, political subdivision of the state, the United States Government, or an individual to:
(1) Finance economic development projects; or
(2) Provide economic development services.
(b) Funds appropriated by a municipality or county under the authority of this section shall be deemed to further the public purpose of economic development.
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