(a) After the passage of the ordinance, it shall be published one (1) time in a newspaper published in the municipality, or if there is no newspaper so published, then in a newspaper which has a bona fide general circulation within the municipality, with a notice to all persons concerned stating that the ordinance has been passed and that the municipality contemplates the issuance of the bonds described in the ordinance and that any person interested may appear before the legislative body, upon a certain date which shall be not less than ten (10) days subsequent to the publication of the ordinance and notice, and present protests.
(b) At the hearings all objections and suggestions shall be heard and the legislative body shall take such action as it shall deem proper in the premises.
Structure Arkansas Code
Subtitle 14 - Solid Waste Disposal, Waterworks, And Sewers Generally
Chapter 234 - Waterworks and Water Supply
§ 14-234-503. Authority for joint undertaking
§ 14-234-504. Cost estimate — Contents of ordinances — Bonds
§ 14-234-505. Ordinances — Additional provisions
§ 14-234-506. Ordinances — Publication — Hearing
§ 14-234-507. Location of system — Sale of water — Ownership of distribution system
§ 14-234-508. Bond issue — Sufficiency — Negotiability — Sale — Fiscal agent
§ 14-234-509. Bonds — Nature of indebtedness
§ 14-234-510. Obligation payable from revenue bonds only — Security in condemnation proceedings
§ 14-234-511. Allocation of bond proceeds
§ 14-234-512. Bonds — Tax exemption
§ 14-234-513. Fixed rate reduction prohibited — Exception — Surpluses
§ 14-234-514. Deposit of funds