For the purpose of aiding and cooperating in the planning, undertaking, construction, or operation of rural development projects, including development projects of the federal government, located within the area in which it is authorized to act, any state public body may, upon such terms, with or without consideration, as it may determine, may:
(1) Dedicate, sell, convey, or lease any of its property to a rural development authority;
(2) Cause parks, playgrounds, recreational, community, educational, water, sewer, or drainage facilities, or any other works, which it is otherwise empowered to undertake, to be furnished adjacent to or in connection with development projects;
(3) Furnish, dedicate, close, pave, install, grade, regrade, plan, or replan streets, roads, roadways, alleys, sidewalks, or other places which it is otherwise empowered to undertake;
(4) Enter into agreements, which may extend over any period, notwithstanding any provision or rule of law to the contrary, with a development authority or the federal government respecting action to be taken by the state public body pursuant to any of the powers granted by this chapter; and
(5) Do any and all things necessary or convenient to aid and cooperate in the planning, undertaking, construction, or operation of such projects.
Structure Arkansas Code
Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities
Chapter 188 - Rural Development Authorities
§ 14-188-102. Legislative declarations
§ 14-188-104. Creation of authorities
§ 14-188-105. Appointment of commissioners, etc
§ 14-188-106. Rules and regulations
§ 14-188-107. Interest of commissioners or employees prohibited
§ 14-188-108. Removal of commissioner
§ 14-188-109. Powers of authority generally
§ 14-188-110. Issuance of bonds and other evidence of indebtedness
§ 14-188-111. Powers in connection with issuance of bonds, etc
§ 14-188-112. Form and sale of bonds, etc
§ 14-188-113. Validation of indebtedness
§ 14-188-114. Remedies of obligees
§ 14-188-115. Additional remedies conferrable on obligees
§ 14-188-116. Exemption from lien and execution sale
§ 14-188-117. Exemption from taxes or assessments
§ 14-188-118. Security for deposits
§ 14-188-119. Cooperation by authorities
§ 14-188-120. Aid and cooperation by state public bodies