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14-122-206. Sale of bonds.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-122-206. Sale of bonds.
(a) The bonds shall be sold at public sale on sealed bids.
(b) Notice of the sale shall be published once a week for at least two (2) consecutive weeks in a newspaper having a general circulation throughout the State of Arkansas, with the first publication to be at least twenty (20) days prior to the date of sale, and may be published in such other publications as the district may determine.
(c) The bonds may be sold at such price as the board may accept, including sale at a discount.
(d) The award, if made, shall be to the bidder whose bid results in the lowest net interest cost.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-122-206
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:14-122-206
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: d3acfae0557b5b13e8b1b41a998bdd6adbb4da53ebc70dac7dc03f1dbc29b5e7
Source location: content.xml paragraph 32335
Stored source content
14-122-206. Sale of bonds.
(a) The bonds shall be sold at public sale on sealed bids.
(b) Notice of the sale shall be published once a week for at least two (2) consecutive weeks in a newspaper having a general circulation throughout the State of Arkansas, with the first publication to be at least twenty (20) days prior to the date of sale, and may be published in such other publications as the district may determine.
(c) The bonds may be sold at such price as the board may accept, including sale at a discount.
(d) The award, if made, shall be to the bidder whose bid results in the lowest net interest cost.
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