Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 14-168-315 - Redevelopment bonds or notes - Authority to issue — Arkansas Law | CourtGPT
  1. Home/
  2. Laws/
  3. Arkansas/
  4. Title 14 - Local Government (§§ 14-1-101 — 14-387-706)/
  5. Subtitle 10 - Economic Development and Tourism Generally/
  6. Chapter 168 - Community Redevelopment Generally Sub/
  7. Subchapter 3 - Community Redevelopment - Creation and Procedures/
  8. Section 14-168-315 - Redevelopment bonds or notes - Authority to issue
Arkansas Legal Code

Section 14-168-315 - Redevelopment bonds or notes - Authority to issue

For the purpose of paying project costs or of refunding bonds, notes, or other evidences of indebtedness issued under this subchapter for the purpose of paying project costs, the local governing body may issue bonds, notes, or other evidences of indebtedness, in one (1) or more series, with the bonds or notes payable out of positive tax increments and other revenues deposited to the special fund of the redevelopment district.Acts 2001, No. 1197, § 16; 2005, No. 2231, § 4.

For the purpose of paying project costs or of refunding bonds, notes, or other evidences of indebtedness issued under this subchapter for the purpose of paying project costs, the local governing body may issue bonds, notes, or other evidences of indebtedness, in one (1) or more series, with the bonds or notes payable out of positive tax increments and other revenues deposited to the special fund of the redevelopment district.Acts 2001, No. 1197, § 16; 2005, No. 2231, § 4.
Ask AI about this