Counties or municipalities acquiring property under this subchapter and electing to operate them shall do so on a basis permitting the maintenance and operation, including administrative overhead, insurance, payments in lieu of taxes, amortization of capital costs, debt service, replacement, repairs, and reasonable reserves, without subsidy from any other public funds.
Structure Arkansas Code
Subtitle 10 - Economic Development And Tourism Generally
Chapter 169 - Housing Authorities And Urban Renewal Agencies
Subchapter 10 - Surplus Federal Housing Facilities
§ 14-169-1001. Construction of subchapter
§ 14-169-1002. Continuing authority
§ 14-169-1003. Authority to acquire
§ 14-169-1004. Property outside municipal limits
§ 14-169-1005. Funds for acquisition
§ 14-169-1006. Issuance of bonds
§ 14-169-1007. Statutory mortgage lien
§ 14-169-1008. Operation, lease, or disposition of facilities
§ 14-169-1009. Proceeds from sale or lease