(a)
(1) A municipality or county may enter into a guaranteed energy cost savings contract in order to reduce energy consumption or operating costs of government facilities under this subchapter.
(2) A municipality or county may enter into an installment payment contract or lease purchase agreement with a qualified provider for the purchase and installation of an energy efficiency project in accordance with this subchapter.
(b) An energy efficiency project shall comply with current local, state, and federal construction and environmental codes, rules, and regulations.
Structure Arkansas Code
Subtitle 10 - Economic Development And Tourism Generally
Chapter 164 - Industrial Development Bonds
Subchapter 8 - Local Government Energy Efficiency Project Bond Act
§ 14-164-802. Purpose — Legislative findings
§ 14-164-804. Energy efficiency projects authorized
§ 14-164-805. Method of solicitation
§ 14-164-806. Evaluation of responses to solicitations
§ 14-164-807. Guaranteed energy cost savings contract requirements
§ 14-164-808. Bonds — Issuance generally
§ 14-164-809. Bonds — Terms and conditions
§ 14-164-810. Bonds — Trust indenture
§ 14-164-812. Bonds — Execution
§ 14-164-813. Bonds — Payment — Security
§ 14-164-814. Bonds — Energy efficiency project liens
§ 14-164-815. Liability of legislative body's officers, employees, and members