(a)
(1) The members of each public facilities board shall meet and organize by electing one (1) of their number as chairman, one (1) as vice chairman, one (1) as secretary, and one as treasurer, and such officers shall be elected annually thereafter in like manner.
(2) The duties of secretary and treasurer may be performed by the same member.
(b) The board may also appoint an executive director who shall serve at the pleasure of the board and receive such compensation as shall be fixed by the board.
Structure Arkansas Code
Subtitle 8 - Public Facilities Generally
Chapter 137 - Public Facilities Boards
§ 14-137-102. Legislative determination and purpose
§ 14-137-104. Provisions supplemental and controlling
§ 14-137-106. Creation — Purposes — Definition
§ 14-137-107. Creating ordinance — Authority
§ 14-137-109. Officers — Executive director
§ 14-137-110. Meetings — Records
§ 14-137-111. Powers generally — Bidding and appraisal requirements
§ 14-137-112. Acquiring and transferring facilities
§ 14-137-113. Postsecondary education or occupational training facilities
§ 14-137-114. Tax exemption of properties
§ 14-137-115. Use of funds and revenue — Bonds
§ 14-137-116. Issuance, sale, and execution of bonds
§ 14-137-118. Investment of public funds in bonds
§ 14-137-119. Bonds — Tax exemption
§ 14-137-120. Obligations on bonds
§ 14-137-121. Mortgage liens — Enforcement