GroundRules
Ark. Code Ann. § 14-95-502: Financing
Where this section sits in the code
- AR Code
- Title 14
- Chapter 95
- Subchapter 5
(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. Acts 1995, No. 1090, § 6.
(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.
(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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