Arkansas Code Title 15. Natural Resources and Economic Development § 15-22-506. State and federal cooperation

(c)(1) Whenever it shall make a determination, based upon such estimates and its own study that the local nonfederal costs of the water development project may be amortized over the life of the water development project, the commission may give the appropriate federal agency constructing the water development project reasonable assurance, in writing, that the demands for the use of the water development project will be made within a period of time which will permit the paying out of the costs within the life of the water development project.

(2) Nothing in subdivision (c)(1) of this section shall be construed as to commit the state government either to pay or guarantee the payment of such costs, and a statement to that effect shall be contained in any such writing.

(3) Subdivision (c)(2) of this section shall not be so construed as to inhibit the right of the commission to pay any such costs as related to anticipated future demand or need whenever it shall have been provided with funds for that purpose.

(1) Planning and engineering costs;

(2) Costs of acquisition of necessary lands, rights-of-way, and easements;

(3) Costs of necessary relocation of roads, highways, bridges, railroads, pipelines, power transmission lines, and other such properties;

(4) Construction costs;

(5) Project operation, maintenance, and replacement costs; and

(6) Payment of interest on the unpaid balance of any of the itemized costs in this subsection.