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22-10-204. Requirements for qualifying projects.
Arkansas Code — all titles (historical 2020) · legal_authorities
22-10-204. Requirements for qualifying projects.
(a) A responsible public entity may issue a request for proposals or an invitation for bids for the development of a qualifying project if the responsible public entity determines that:
(1) There is a public need for or benefit to be derived from the type of qualifying project being proposed;
(2) The proposals or bids are anticipated to result in the timely development of the qualifying project; and
(3) The qualifying project being considered satisfies or is anticipated to satisfy any criteria stated in the rules promulgated under this chapter.
(b) The responsible public entity's development of a qualifying project is contingent on a private entity's entering into an interim agreement or a comprehensive agreement, or both, with the responsible public entity.
(c) Neither this chapter nor an interim agreement or a comprehensive agreement entered into under this chapter enlarges, diminishes, or affects the authority, if any, otherwise possessed by a responsible public entity to take action that would impact the debt capacity of the state.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 22-10-204
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:22-10-204
Source file: gov.ar.code.title.22.odt
Pages: Not recorded – Not recorded
Passage SHA-256: d891671cdd5f1c3104b1c5eac3222517fc77cd802a5626859cd143b1491ff56c
Source location: content.xml paragraph 7507
Stored source content
22-10-204. Requirements for qualifying projects.
(a) A responsible public entity may issue a request for proposals or an invitation for bids for the development of a qualifying project if the responsible public entity determines that:
(1) There is a public need for or benefit to be derived from the type of qualifying project being proposed;
(2) The proposals or bids are anticipated to result in the timely development of the qualifying project; and
(3) The qualifying project being considered satisfies or is anticipated to satisfy any criteria stated in the rules promulgated under this chapter.
(b) The responsible public entity's development of a qualifying project is contingent on a private entity's entering into an interim agreement or a comprehensive agreement, or both, with the responsible public entity.
(c) Neither this chapter nor an interim agreement or a comprehensive agreement entered into under this chapter enlarges, diminishes, or affects the authority, if any, otherwise possessed by a responsible public entity to take action that would impact the debt capacity of the state.
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