(a) For the acquiring of rights-of-way and property necessary or desirable for the carrying out of their powers and for the accomplishment of the purposes of this chapter, port authorities shall have the right and power to acquire property by gift, by purchase, by negotiation, or by condemnation.
(b) If an authority determines to exercise the right of eminent domain, it may be exercised in the manner provided for taking private property for railroads as provided by §§ 18-15-1202 — 18-15-1207, in the manner provided by §§ 18-15-301 — 18-15-307, or in the manner provided by any other statutes enacted for the exercise of the power of eminent domain by the State of Arkansas, or by any of its officers, departments, agencies, or political subdivisions.
(c) Authorities may exchange any property acquired under this chapter for other property necessary or desirable in the carrying out of the powers of the authorities.
Structure Arkansas Code
Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities
Chapter 185 - Metropolitan Port Authorities
§ 14-185-104. Power to establish
§ 14-185-105. Organization of authority
§ 14-185-106. Members of the board of authority
§ 14-185-107. Permanent records of authority
§ 14-185-108. General purposes of authority
§ 14-185-109. Powers of authority generally
§ 14-185-110. Warehouse facilities — Proposals for lease or operation
§ 14-185-111. Acquisition of rights-of-way and property
§ 14-185-112. Condemnation of utility system prohibited
§ 14-185-113. Operation of terminal railroads
§ 14-185-114. Dealings with federal government
§ 14-185-115. Assistance by municipalities and counties
§ 14-185-116. Authority to borrow funds, issue bonds
§ 14-185-117. Bonds — Authority to issue
§ 14-185-118. Bonds — Covenants and agreements — Enforcement
§ 14-185-119. Bonds — Purposes
§ 14-185-120. Bonds — Principal amount
§ 14-185-121. Bonds — Resolution or trust indenture generally
§ 14-185-122. Bonds — Authorizing resolution
§ 14-185-123. Bonds — Terms and conditions
§ 14-185-124. Bonds — Trust indenture
§ 14-185-125. Bonds — Contents
§ 14-185-127. Bonds, coupons — Execution
§ 14-185-128. Bonds — Conversion
§ 14-185-130. Bonds — General or special obligations
§ 14-185-131. Bonds — Liability
§ 14-185-132. Bonds — Pledge of revenues
§ 14-185-134. Bonds — Tax exemption
§ 14-185-135. Bonds as legal investment