(a) Each authority may lease its intermodal facilities and all or any part of its appurtenances and facilities to any available lessee at such rental and upon such terms and conditions as the authority shall deem proper.
(b) Leases shall be for some purpose associated with intermodal transportation activities.
Structure Arkansas Code
Subtitle 8 - Public Facilities Generally
Chapter 143 - Regional Intermodal Facilities Act
§ 14-143-103. Establishment of authorities
§ 14-143-104. Authority as public corporation
§ 14-143-105. Appointment of board
§ 14-143-106. Vacancy on board
§ 14-143-107. Compensation prohibited — Reimbursement of expenses
§ 14-143-108. Facilities authorized
§ 14-143-109. Powers of authority generally
§ 14-143-110. Issuance of revenue bonds — Authorization
§ 14-143-111. Issuance of revenue bonds — Resolution of authority — Nature of bonds
§ 14-143-112. Issuance of revenue bonds — Indenture
§ 14-143-113. Issuance of revenue bonds — Price and manner sold
§ 14-143-114. Issuance of revenue bonds — Execution
§ 14-143-115. Issuance of revenue bonds — Obligation of authority
§ 14-143-116. Issuance of revenue bonds — Refunding bonds
§ 14-143-117. Issuance of revenue bonds — Mortgage lien
§ 14-143-118. Issuance of revenue bonds — Default
§ 14-143-119. Agreements to obtain funds
§ 14-143-120. Acquisition of property
§ 14-143-121. Exemption from taxation
§ 14-143-122. Use of surplus funds
§ 14-143-123. Public and private contributions
§ 14-143-124. Accounts and reports
§ 14-143-125. County, municipal, and state authority
§ 14-143-126. Lease of facilities