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14-303-301. Prerequisites to undertaking project.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-303-301. Prerequisites to undertaking project.
No tollway project shall be undertaken unless and until the tollway project involved shall have been thoroughly studied with respect to traffic, engineering, costs, and financing, and unless the authority involved makes, by resolution entered in the records of that authority, a determination based upon the study that:
(1) Sufficient public funds for construction of the proposed tollway are not available; and
(2) The construction of the proposed tollway can be financed wholly through the investment of private funds in revenue bonds.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-303-301
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:14-303-301
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 5340328fbc2dd667f4bcad2481dd9f6b114c012a47ec20c7f71df57d661f8696
Source location: content.xml paragraph 55822
Stored source content
14-303-301. Prerequisites to undertaking project.
No tollway project shall be undertaken unless and until the tollway project involved shall have been thoroughly studied with respect to traffic, engineering, costs, and financing, and unless the authority involved makes, by resolution entered in the records of that authority, a determination based upon the study that:
(1) Sufficient public funds for construction of the proposed tollway are not available; and
(2) The construction of the proposed tollway can be financed wholly through the investment of private funds in revenue bonds.
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