The Arkansas Natural Resources Commission may provide financial assistance to a local government for water resources development projects under this subchapter without the requirement of execution of a cooperative agreement between the local government and the federal government if the commission determines that:
(1) The water resources development project is of such a type or size that does not make cost sharing through a cooperative agreement efficient or effective; or
(2) Current conditions make the funding of the water resources development project through a cooperative agreement between the federal government and local government within a reasonable time unlikely.
Structure Arkansas Code
Title 15 - Natural Resources and Economic Development
Subtitle 2 - Land and Water Resources Generally
Subchapter 8 - Arkansas Water Resources Cost Share Finance Act
§ 15-22-804. Duties of commission
§ 15-22-805. Loans or grants — Amounts
§ 15-22-806. Loans or grants — Eligibility — Applications — Awards
§ 15-22-807. Priority list of projects
§ 15-22-808. Arkansas Water Resources Cost Share Revolving Fund