(a) The city in which the consolidated district is located, through its proper officers, shall have full power and authority to operate the consolidated plant and system acquired and improved by the consolidated district instead of the board of improvement of the consolidated district.
(b) The city may supply water, light, and power to private consumers and make and collect proper charges for such service; the gross income derived therefrom shall be first devoted by the city to the payment of operating expenses.
(c) The income derived from the operation after paying operating expenses shall be annually paid by the city to the board of improvement.
(d) So much of the amount so received by the board of improvement as may be necessary for the purpose shall be used by the board of improvement for the maintenance and improvement of the consolidated system. Any balance not so expended may be used by the board of improvement in paying indebtedness theretofore incurred by the consolidated district.
(e) None of the provisions of this section shall apply to any consolidated improvement district or districts consolidated by a special act of the General Assembly.
Structure Arkansas Code
Subtitle 13 - Public Utility Improvement Districts
Chapter 218 - Consolidated Water And Light Improvement Districts
§ 14-218-101. Scope of chapter — Applicability of general laws
§ 14-218-102. Purpose of districts
§ 14-218-103. Petition for establishment of district
§ 14-218-104. Publication of ordinance establishing district
§ 14-218-105. Hearing on petition — Notice — Review
§ 14-218-106. Petition to take over light and water plant
§ 14-218-107. Appointment of board of improvement — Oath
§ 14-218-108. Plans for improvements
§ 14-218-109. Appointment of assessors — Oath — Compensation
§ 14-218-110. Assessments and corrections
§ 14-218-111. Notice of filing of assessments
§ 14-218-112. Appeal from assessment
§ 14-218-113. Payment of assessments
§ 14-218-114. Form of assessment ordinance — Lien on real property
§ 14-218-116. Copy of assessment delivered to collector — Warrant for collection
§ 14-218-117. Collector's notice — Publication
§ 14-218-118. School property subject to assessment
§ 14-218-119. Vesting of title in consolidated district — Liability of separate districts
§ 14-218-120. Conveyance of property to consolidated district
§ 14-218-121. Retirement of bonds of separate districts before maturity
§ 14-218-122. Annual revision of assessments
§ 14-218-123. Revised assessment list filed with city clerk — Notice
§ 14-218-124. Appeal from reassessment
§ 14-218-125. Computation of tax upon reassessment
§ 14-218-127. Operation of plants by city — Use of income
§ 14-218-128. Use of funds for improvements outside city
§ 14-218-129. Powers of board concerning improvements
§ 14-218-130. Contractors' bonds
§ 14-218-131. Bonds — Issuance