Arkansas Code Title 14, Subtitle 10, Chapter 169, Subchapter 10 - Surplus Federal Housing Facilities

• § 14-169-1001 - Construction of Subchapter.
  This subchapter shall, without reference to any other statute, be deemed full authority for the acquisition, operation, lease, or sale of any surplus federal...
• § 14-169-1002 - Continuing Authority.
  Nothing in this subchapter shall be construed to limit, in any manner, the continuing authority of the counties or municipalities to operate, lease, finance,...
• § 14-169-1003 - Authority to Acquire.
  (a) Any county, city, or incorporated town in the State of Arkansas is empowered to execute with the United States, through any of its...
• § 14-169-1004 - Property Outside Municipal Limits.
  Cities or incorporated towns may acquire properties under this subchapter located within or without the corporate limits.
• § 14-169-1005 - Funds for Acquisition.
  (a) Funds for the acquisition of surplus federal properties may be provided from general revenue sources, general mortgage loans, or revenue bonds which may...
• § 14-169-1006 - Issuance of Bonds.
  (a) Bonds provided for in this subchapter shall be issued in such amounts as may be necessary to provide sufficient funds to pay all...
• § 14-169-1007 - Statutory Mortgage Lien.
  (a) (1) There is created a statutory mortgage lien upon the property acquired from the proceeds of bonds authorized to be issued under this...
• § 14-169-1008 - Operation, Lease, or Disposition of Facilities.
  Counties, cities, or incorporated towns acquiring properties under this subchapter may operate them, lease them to private industry or operators, or dispose of them...
• § 14-169-1009 - Proceeds From Sale or Lease.
  (a) In the event any county or municipality acquires surplus federal properties and subsequently sells or leases them, the proceeds from the sale or...
• § 14-169-1010 - Operation by Local Government.
  Counties or municipalities acquiring property under this subchapter and electing to operate them shall do so on a basis permitting the maintenance and operation,...
• § 14-169-1011 - Limitations on Use.
  No property acquired under the provisions of this subchapter shall be used for slum clearance or to provide subsidized housing for persons of low

Last modified: November 15, 2016