Arkansas Code Title 14. Local Government § 14-184-104. Definitions

(1) “Acquire” means obtain property rights by gift, purchase, devise, bequest, eminent domain, lease, sublease, assignment of lease, or any combination or variant of these means;

(2) “Assessed value” means value as assessed for ad valorem property tax purposes;

(3) “Board” means the board of commissioners appointed;

(4) “District” means the central business improvement district created by ordinance of the municipality;

(5) “Governing body” means the city council, board of directors, commission, or other municipal body exercising general legislative power in the municipality;

(6) “Municipality” means any city having the population required by § 14-184-107;

(7) “Owner” means record owner in fee simple;

(8) “Plan or plan of improvement” means the general design plan, including any amendments to it that may be made from time to time of the proposed improvements in the district.