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Current as of March 28, 2024 | Updated by Findlaw Staff
(a) Municipalities and counties are authorized to use any available revenues for the accomplishment of pollution control projects, either alone or together with other available funds and revenues. They may issue bonds, as authorized in this chapter, for the accomplishment of pollution control projects, either alone or together with other available funds and revenues.
(b) Bonds may be issued in such principal amount as shall be sufficient to pay the cost of accomplishing the pollution control project involved, the cost of issuing bonds, the amount necessary for a reserve, if deemed desirable, the amount necessary to provide for debt service on the bonds until revenues for the payment thereof are available, and any other costs and expenditures of whatever nature incidental to the accomplishment of the pollution control project involved.
Cite this article: FindLaw.com - Arkansas Code Title 14. Local Government § 14-267-106. Bonds--General provisions - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-14-local-government/ar-code-sect-14-267-106/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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