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14-287-102. Petition to create.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-287-102. Petition to create.
Before a municipal management district can be created, a petition must be submitted to the governing body of the municipality that includes the following:
(1) A resolution to the governing body in support of the creation of the district and signed by at least ninety percent (90%) of the property owners within the district representing at least ninety percent (90%) of the appraised property value within the district and at least ninety percent (90%) of the privately held land area within the district;
(2) The boundaries of the proposed district;
(3) The specific purposes for which the district will be created;
(4) The general nature of the work, projects, or services proposed to be provided;
(5) The method of establishing assessments for the district;
(6) A project cost estimate which shall not exceed two million dollars ($2,000,000); and
(7) A budget for operating and paying for improvements.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-287-102
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:14-287-102
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: a6b2376059c07d7ccc7cfece12ab70a75a165258d65f87a852947a2eb0a0014f
Source location: content.xml paragraph 54264
Stored source content
14-287-102. Petition to create.
Before a municipal management district can be created, a petition must be submitted to the governing body of the municipality that includes the following:
(1) A resolution to the governing body in support of the creation of the district and signed by at least ninety percent (90%) of the property owners within the district representing at least ninety percent (90%) of the appraised property value within the district and at least ninety percent (90%) of the privately held land area within the district;
(2) The boundaries of the proposed district;
(3) The specific purposes for which the district will be created;
(4) The general nature of the work, projects, or services proposed to be provided;
(5) The method of establishing assessments for the district;
(6) A project cost estimate which shall not exceed two million dollars ($2,000,000); and
(7) A budget for operating and paying for improvements.
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