Cities and incorporated towns shall have full power to purchase sites for new factories or industries and to give other favorable grants and privileges for the purpose of establishing new and additional industries in or near their municipality.
Structure Arkansas Code
Subtitle 3 - Municipal Government
Chapter 54 - Powers of Municipalities Generally
Subchapter 1 - General Provisions
§ 14-54-101. Body corporate and politic
§ 14-54-102. Powers and restrictions prescribed
§ 14-54-103. General powers of cities and towns
§ 14-54-104. Additional powers of cities of the first class
§ 14-54-105. Additional powers of cities of the second class
§ 14-54-106. Cities and towns on state line