Arkansas Code
Chapter 93 - Property Owners' Improvement Districts
§ 14-93-129. Continued existence of district

If the petition for formation of the district provides therefor or the owners of real property in the district agree thereto, then a district shall not cease to exist upon the acquiring, construction, or completion of the improvement, but shall continue to exist for the purpose of preserving, maintaining, and operating the improvement, replacing equipment, paying salaries to employees, and performing any other functions or services authorized in this chapter. To this end, the board may, from time to time, make such additional levies based upon the assessment of benefits as may be necessary for these purposes. However, the amount of the total levies shall not exceed the assessed benefits and interest thereon.

Structure Arkansas Code

Arkansas Code

Title 14 - Local Government

Subtitle 5 - Improvement Districts Generally

Chapter 93 - Property Owners' Improvement Districts

§ 14-93-101. Title

§ 14-93-102. Legislative intent

§ 14-93-103. Definitions

§ 14-93-104. Construction

§ 14-93-105. Petition to form district

§ 14-93-106. Hearing on petition and determination

§ 14-93-107. Board of commissioners generally

§ 14-93-108. Removal of board members

§ 14-93-109. Planning by board

§ 14-93-110. Purposes for which district organized

§ 14-93-111. Powers of districts generally

§ 14-93-112. Corporate powers

§ 14-93-113. Right and power of eminent domain

§ 14-93-114. Sale of land

§ 14-93-115. Priority of cases

§ 14-93-116. Assessment of benefits and damages

§ 14-93-117. Filing and notice of assessment — Hearing

§ 14-93-118. Reassessment

§ 14-93-119. Levy of tax

§ 14-93-120. Interest on assessment

§ 14-93-121. Extension and collection of taxes

§ 14-93-122. Subsequent levies

§ 14-93-123. Payment of taxes — Enforcement

§ 14-93-124. Negotiable notes, bonds, or evidences of debt

§ 14-93-125. Bonds — Tax exemption

§ 14-93-126. Payment of bonds and interest

§ 14-93-127. Dissolution of district

§ 14-93-128. Lien for preliminary expenses

§ 14-93-129. Continued existence of district

§ 14-93-130. Systems turned over to municipality

§ 14-93-131. Consolidated systems authorized

§ 14-93-132. Connections outside district boundaries

§ 14-93-133. Annexation of lands outside district boundaries