If the tax first levied shall prove insufficient to pay the bonds, both the principal and interest, issued by the board of commissioners on account of the improvement, as hereinbefore provided, as the improvement shall become due and payable, they shall from time to time make further levies upon the property previously assessed for sums sufficient to complete the improvement and to pay the bonds and interest, which shall be extended and collected in the same manner as the first levy. However, the total levy shall in no case exceed the value of the benefits assessed on the property with interest, and the performance of the duties may be enforced by mandamus at the instance of any person or board interested.
Structure Arkansas Code
Subtitle 19 - Roadways, Bridges, and Parking Improvement Districts
Chapter 317 - Rural Road Improvement Districts
§ 14-317-103. Petition for district formation — In general
§ 14-317-104. Notice of petition
§ 14-317-105. Circulation of identical petitions
§ 14-317-106. Hearing on petition — Appeal
§ 14-317-107. District as body corporate
§ 14-317-108. Commissioners' oath
§ 14-317-109. Board organization — Vacancy
§ 14-317-110. Liability of board members
§ 14-317-113. Sale of acquired lands
§ 14-317-115. Plans for improvement — Assessor
§ 14-317-116. County clerk — Collector
§ 14-317-117. Alteration of plans
§ 14-317-118. Signatures prerequisite to levy — Five year freeze on assessment increase
§ 14-317-119. Assessment order — Lien — Remedy
§ 14-317-120. Filing assessments — Notice — Hearing
§ 14-317-121. Interest on assessment
§ 14-317-123. Additional levies for payment of bonds
§ 14-317-124. Payment of levies — Delinquency
§ 14-317-126. Priority of actions — Appeals
§ 14-317-128. Negotiable notes or bonds — Mortgages
§ 14-317-129. Contractors' bonds
§ 14-317-130. Estimate of work completed — Payment of contractors
§ 14-317-131. Preliminary expenses after failure to make improvement
§ 14-317-132. District's continued existence — Levies for repair
§ 14-317-133. Disposition of funds
§ 14-317-134. Changing assessment of benefits when property is transferred