In addition to the purposes, powers, and authority set forth elsewhere in this subchapter or in other laws, the Building Authority Division may:
(1) Acquire, construct, and equip buildings or by purchase, exchange, barter, gift, long-term lease, or other means, buildings and facilities to house state agencies;
(2) Exercise the power of eminent domain within Pulaski County only for the purpose of acquiring buildings and facilities and to otherwise carry out the purposes and intent of this subchapter, with such power to be exercised in the manner provided in § 22-2-109;
(3) Provide for the housing of state agencies in the buildings and facilities so acquired or constructed to the extent that space and facilities are available for such purpose, under such terms and conditions, and for such rentals and charges, as the division determines;
(4) Acquire, construct, or cause to be constructed parking facilities, storage facilities, warehouses, garages, and other ancillary and related facilities to serve the facility;
(5) Purchase, lease, or rent and receive bequests or donations of or otherwise acquire, sell, trade, or barter any property, real, personal, or mixed, and convert such property into money or other property;
(6) Contract and be contracted with;
(7) Apply for, receive, accept, and use any moneys and property from the United States Government, any agency, state, governmental body, political subdivision, public or private organization or corporation of any nature, or any individual; and
(8) Take such other actions not inconsistent with law as may be necessary or desirable to carry out the powers, purposes, and authority as set forth in this section in accordance with the policies promulgated by the Secretary of the Department of Transformation and Shared Services.
Structure Arkansas Code
Chapter 3 - Public Buildings and Other Facilities
Subchapter 14 - State Agencies Facilities Acquisition Act of 1991
§ 22-3-1408. Required statement on bond — Lien and pledge to secure bonds
§ 22-3-1409. Pledge of revenues to secure bonds
§ 22-3-1410. Contract between Arkansas Development Finance Authority and holders and owners of bonds
§ 22-3-1411. Bonds exempt from tax
§ 22-3-1412. Deposit of bond proceeds
§ 22-3-1414. Bondholder rights
§ 22-3-1415. Supervision and management of buildings and facilities