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26-75-607. Authority to issue bonds.
Arkansas Code — all titles (historical 2020) · legal_authorities
26-75-607. Authority to issue bonds.
Cities of the first class levying the tax and creating the commission as permitted in this subchapter are authorized to:
(1) Acquire sites for, construct, reconstruct, extend, equip, improve, maintain, and operate convention centers and facilities necessary for, supporting, or otherwise pertaining to, convention centers which are collectively referred to in this section as “convention center projects” in such cities; and
(2) Issue bonds to provide funds for accomplishing convention center projects and to pledge all or any part of the revenues from the tax levied by the city pursuant to this subchapter to pay the principal of, interest on, and fees and expenses in connection with the bonds.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 26-75-607
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:26-75-607
Source file: gov.ar.code.title.26.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 1d43b388d2d5036f4f6794ce00d1069fbb775e214f93acf351560eaa48c212fa
Source location: content.xml paragraph 35053
Stored source content
26-75-607. Authority to issue bonds.
Cities of the first class levying the tax and creating the commission as permitted in this subchapter are authorized to:
(1) Acquire sites for, construct, reconstruct, extend, equip, improve, maintain, and operate convention centers and facilities necessary for, supporting, or otherwise pertaining to, convention centers which are collectively referred to in this section as “convention center projects” in such cities; and
(2) Issue bonds to provide funds for accomplishing convention center projects and to pledge all or any part of the revenues from the tax levied by the city pursuant to this subchapter to pay the principal of, interest on, and fees and expenses in connection with the bonds.
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