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15-4-3405. Application.
Arkansas Code — all titles (historical 2020) · legal_authorities
15-4-3405. Application.
(a) An entity shall not be recognized as a regional economic development partnership under this subchapter unless the board of directors of the entity submits an application and is approved under this section.
(b) An entity applying for approval as a regional economic development partnership shall submit an application to the Arkansas Economic Development Commission that includes the following information:
(1) At least a three-year strategic plan that is consistent with the Governor's Strategic Plan for Economic Development and includes the following:
(A) The proposed activities of the regional economic development partnership; and
(B)(i) A budget for the next calendar year.
(ii) The budget should clearly identify the proposed expenditures for which the grant funds are requested;
(2) Proof of organization;
(3) A copy of the entity's:
(A) Governing documents approved by the entity's governing board;
(B) Bylaws; or
(C) Articles of incorporation;
(4) A map of the economic development region and the population served by the regional economic development partnership based on the latest decennial census;
(5) The identity of each public organization and private organization within the economic development region that is active in economic development and a description of the role each organization will undertake in the regional economic development partnership;
(6) A list of the current members of the board of directors and the entity each member represents; and
(7)(A)(i) Evidence of:
(a) The staff dedicated to the regional economic development partnership; or
(b) The staff dedicated to program management of the regional economic development partnership.
(ii) The staff identified under subdivision (b)(7)(A)(i) of this
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-4-3405
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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Stable record: arkansas_code:legal_authorities:15-4-3405
Source file: gov.ar.code.title.15.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 21a6ea148f6c612a4f7c16960236f5d52b122869de37268d6b04dfb9c4ad0da6
Source location: content.xml paragraph 6112
Stored source content
15-4-3405. Application.
(a) An entity shall not be recognized as a regional economic development partnership under this subchapter unless the board of directors of the entity submits an application and is approved under this section.
(b) An entity applying for approval as a regional economic development partnership shall submit an application to the Arkansas Economic Development Commission that includes the following information:
(1) At least a three-year strategic plan that is consistent with the Governor's Strategic Plan for Economic Development and includes the following:
(A) The proposed activities of the regional economic development partnership; and
(B)(i) A budget for the next calendar year.
(ii) The budget should clearly identify the proposed expenditures for which the grant funds are requested;
(2) Proof of organization;
(3) A copy of the entity's:
(A) Governing documents approved by the entity's governing board;
(B) Bylaws; or
(C) Articles of incorporation;
(4) A map of the economic development region and the population served by the regional economic development partnership based on the latest decennial census;
(5) The identity of each public organization and private organization within the economic development region that is active in economic development and a description of the role each organization will undertake in the regional economic development partnership;
(6) A list of the current members of the board of directors and the entity each member represents; and
(7)(A)(i) Evidence of:
(a) The staff dedicated to the regional economic development partnership; or
(b) The staff dedicated to program management of the regional economic development partnership.
(ii) The staff identified under subdivision (b)(7)(A)(i) of this section may be employed by an entity other than the regional economic development partnership.
(B) The primary responsibility of the staff members described in subdivision (b)(7)(A) of this section is to:
(i) Market and promote the economic development region to site selectors and business prospects; and
(ii) Accomplish the goals and objectives of the strategic plan required under subdivision (b)(1) of this section.
(c) The commission shall review each application submitted under this section and shall certify that:
(1) The applicant satisfies the requirements of § 15-4-3404; and
(2) The application submitted under this section includes the information required under subsection (b) of this section.
(d) The commission shall notify unsuccessful applicants in writing of the deficiencies of the applicant.
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Arkansas Code — all titles (historical 2020) · legal_authorities
15-4-3404. Regional economic development partnerships — Board of directors.
(a) A regional economic development partnership shall satisfy the following requirements:
(1) The economic development region includes the active participation of at least two (2) contiguous counties;
(2) The economic development region is of adequate size in population to:
(A) Effectively undertake economic development activities while remaining a distinct and viable region for attracting new investment; and
(B) Generate adequate regional resources to provide matching funds; and
(3) The economic development region is economically integrated as determined by:
(A) Commuting patterns;
(B) Economic base;
(C) Major employers;
(D) Membership in a defined metropolitan or micropolitan statistical area; or
(E) Other indicators determined by the Arkansas Economic Development Commission.
(b)(1) After a regional economic development partnership has been formed, a county may elect to join the regional economic development partnership by adopting an ordinance to that effect.
(2) However, a county that adopts an ordinance under subdivision (b)(1) of this section shall become a member of the regional economic development partnership only upon a majority vote of the members of the board of directors of the regional economic development partnership that are residents of Arkansas.
(c)(1) A regional economic development partnership formed on or after January 1, 2013, shall be governed by a board of directors that shall operate, manage, and control the regional economic development partnership in all respects.
(2) If a regional economic development partnership is formed on or after January 1, 2013:
(A) The board of directors shall contain at least one (1) representative from each cou
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-4-3404
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. The source passage cites 15-4-3404. This identifies an authority to review, not proof of applicability.