(a) The right and power of eminent domain is conferred upon a central business improvement district to enter upon, take, and condemn private property for the construction of improvements described in the plan of improvement.
(b) The right and power of eminent domain conferred by this section shall be exercised by the district in accordance with the procedures in §§ 18-15-301 — 18-15-307.
(c) The right and power conferred by this section shall include, without limitation, the right and power to enter upon lands and proceed with the work of construction prior to the assessment and the payment of damages and compensation upon the posting of a deposit by the district in accordance with the procedure described in §§ 18-15-301 — 18-15-303.
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