If the tax first levied shall prove insufficient to complete the improvement or to pay the bonds, both principal and interest, issued by the board of commissioners for the improvement, as provided in this chapter, as the principal and interest shall become due and payable, then the board of commissioners shall from time to time report the amount of deficiency to the circuit court. It shall thereupon make levies upon the property previously assessed for sums sufficient to complete the improvement and to pay the bonds and interest in the same manner as the first levy.
Structure Arkansas Code
Subtitle 19 - Roadways, Bridges, and Parking Improvement Districts
Chapter 320 - Interstate Bridge Districts
§ 14-320-102. Board of commissioners
§ 14-320-103. Employment of personnel
§ 14-320-104. Plans — Map and specifications
§ 14-320-105. Petition for district establishment — Contents and signatures
§ 14-320-106. Petition — Notice, hearing, and appeal
§ 14-320-107. Assessment of lands — Procedure
§ 14-320-108. Notice and filing of assessment — Hearing and appeal
§ 14-320-109. Paying the assessment
§ 14-320-110. Determination of construction costs
§ 14-320-112. Collection of taxes — Delinquency
§ 14-320-113. Additional tax levy
§ 14-320-114. Borrowing money — Bond issues
§ 14-320-115. Lien of bonds — Tax levy — Default
§ 14-320-116. Revenue bonds — Tax levy when tolls insufficient
§ 14-320-117. Applicability of federal law