In those situations where the boundaries of a road improvement district embrace lands in more than one (1) county and any of the counties have available funds, either directly from the State Treasury or by action of the quorum court, to apply on the bonded indebtedness of road improvement districts in that county, the basis of ascertaining the proportion of the bonded indebtedness owing by the road improvement district that should be considered in allotting funds to road improvement districts in that county shall be the relation that the assessment of benefits in that county bears to the assessment of benefits in the road improvement district. The percentage that the assessment of such benefits in any of such counties is of the entire assessment of benefits in such district shall be the percentage of the bonds of such district entitled to allotments in that county.
Structure Arkansas Code
Subtitle 19 - Roadways, Bridges, and Parking Improvement Districts
Chapter 316 - Road Improvement Districts Generally
Subchapter 1 - General Provisions
§ 14-316-101. Road improvement tax generally
§ 14-316-102. Bonds of road improvement districts validated
§ 14-316-103. Funding and refunding outstanding bonded indebtedness
§ 14-316-104. Allotment of funds where improvement districts embrace lands in more than one county
§ 14-316-105. Cancellation of records of unsatisfied liens when there are no unsatisfied obligations
§ 14-316-106. Cancellation of assessment liens when roads are taken by state or no bonds were issued
§ 14-316-107. Cancellation of district-acquired delinquent tax title
§ 14-316-108. Road and school district boundaries to be coextensive
§ 14-316-109. Route change to avoid dangerous railroad crossing