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14-299-205. Financing by landowners.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-299-205. Financing by landowners.
(a) It is the purpose and intent of this subchapter that:
(1) No bonds shall be issued by the board of commissioners;
(2) No money shall be borrowed and no interest shall be paid, but the entire cost of the improvement shall be paid by the cash payments from the landowners as provided for in this subchapter;
(3) Seventy-five percent (75%) of the total amount of payments due to be made by the various landowners shall be paid to the board of commissioners before the improvements provided for in this subchapter shall be begun.
(b) It is not the purpose of this subchapter to impair the power and authority given the county court by the Constitution and laws of this state over roads and highways of the county.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-299-205
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:14-299-205
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: bbd7babb9e197f818ad940b29587090245e4e6f933967de11c533a8658f57625
Source location: content.xml paragraph 54922
Stored source content
14-299-205. Financing by landowners.
(a) It is the purpose and intent of this subchapter that:
(1) No bonds shall be issued by the board of commissioners;
(2) No money shall be borrowed and no interest shall be paid, but the entire cost of the improvement shall be paid by the cash payments from the landowners as provided for in this subchapter;
(3) Seventy-five percent (75%) of the total amount of payments due to be made by the various landowners shall be paid to the board of commissioners before the improvements provided for in this subchapter shall be begun.
(b) It is not the purpose of this subchapter to impair the power and authority given the county court by the Constitution and laws of this state over roads and highways of the county.
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