(a)
(1) In the preparation of the plan of improvement, a central business improvement district is authorized to employ architects and engineers to prepare plans, specifications, and estimates of cost for the construction of the improvements and to supervise and inspect the construction.
(2) In addition, the district is authorized to engage and pay attorneys, accountants, and consultants and to obtain and pay for such other professional and technical services as it shall determine to be necessary or desirable in assisting it to effectively carry out the functions, powers, and duties conferred and imposed upon it to accomplish and maintain the proposed improvement.
(3) The district is further authorized to employ, on a full-time basis, such persons as shall be necessary to maintain, operate, supervise, repair, administer, or otherwise render assistance in the effecting of the plan and its continued benefit.
(b) All expenditures under this section shall be taken as a cost of the improvement.
Structure Arkansas Code
Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities
Chapter 184 - Central Business Improvement Districts
Subchapter 1 - General Provisions
§ 14-184-103. Legislative determinations
§ 14-184-106. Other laws applicable
§ 14-184-107. Authority to create districts
§ 14-184-108. Petition for organization — Notice and hearing
§ 14-184-109. Rules governing petitions
§ 14-184-110. Organizational expenses
§ 14-184-111. Board of commissioners
§ 14-184-112. Plans and estimated cost of improvement
§ 14-184-113. Expenditures for services
§ 14-184-114. Abandonment of improvement
§ 14-184-115. Powers of improvement district generally
§ 14-184-116. Power of eminent domain
§ 14-184-117. Powers of municipal governing bodies
§ 14-184-118. Supplemental annual assessments
§ 14-184-119. Revenue-producing facilities
§ 14-184-120. Authority to borrow, issue bonds, etc. — Security — Amount
§ 14-184-121. Bonds — Authorizing resolution
§ 14-184-122. Bonds — Terms and conditions
§ 14-184-123. Bonds — Trust indenture
§ 14-184-125. Bonds — Execution and seal
§ 14-184-127. Obligation on bonds
§ 14-184-128. Bonds — Tax exemption