The municipality or county is authorized to pledge to and use for the payment of the principal of and interest on the bonds, and paying agent's fees, surplus revenues derived from other lands, buildings, or facilities used and useful for securing and developing industry.
Structure Arkansas Code
Subtitle 10 - Economic Development And Tourism Generally
Chapter 164 - Industrial Development Bonds
Subchapter 5 - Economic and Industrial Development Revenue Bond Law
§ 14-164-502. Legislative findings and determinations
§ 14-164-503. Purpose and supplemental intent
§ 14-164-505. Construction — Subchapter controlling
§ 14-164-506. Authority to obtain and develop industry
§ 14-164-507. Bonds — Authorization to issue — Amount
§ 14-164-508. Bonds — Authorizing ordinance or order generally
§ 14-164-509. Bonds — Authorizing ordinance or order — Adoption
§ 14-164-510. Bonds — Terms and conditions
§ 14-164-511. Bonds — Trust indenture
§ 14-164-512. Bonds — Contents
§ 14-164-514. Bonds, coupons — Execution
§ 14-164-515. Bonds — Successive issues
§ 14-164-516. Bonds — Priority among issues
§ 14-164-517. Bonds — Conversion
§ 14-164-519. Bonds — Surplus revenues
§ 14-164-520. Bonds — Mortgage lien
§ 14-164-521. Bonds — Default — Receiver
§ 14-164-522. Bonds — Special obligations
§ 14-164-523. Bonds — Tax exemption
§ 14-164-524. Interim financing
§ 14-164-526. Investment in bonds authorized
§ 14-164-527. Bonds authorized under other laws
§ 14-164-528. Municipality not authorized to acquire utility