(a) A governmental entity legally authorized to issue general revenue bonds may create a property assessed energy improvement district by adoption of an ordinance.
(b) A combination of governmental entities may create a district by each governmental entity:
(1) Adopting an ordinance that provides for the governmental entity's participation in the district; and
(2) Entering into a joint agreement with one (1) or more other participating governmental entities.
(c) This section shall not limit additional governmental entities from becoming members of the district under § 8-15-106.
Structure Arkansas Code
Chapter 15 - Property Assessed Clean Energy Act
§ 8-15-103. Legislative findings
§ 8-15-105. Authority to create
§ 8-15-106. Membership in an existing district
§ 8-15-107. Board of directors
§ 8-15-108. Membership on the board of directors
§ 8-15-109. Terms of directors
§ 8-15-110. District boards of directors — Meetings
§ 8-15-111. District boards of directors — Powers and duties
§ 8-15-112. Reporting requirement — Collection of assessments
§ 8-15-113. Financing projects
§ 8-15-114. Program guidelines