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ARKANSAS STATUTES AND CODES

§ 14-95-502 - Financing.

14-95-502. Financing.

(a) To finance the cost of the program, the governing body of each municipality shall adopt a resolution pledging the urban service district's service charges, or a portion thereof, to finance the program compiled for the district.

(b) The resolution shall specify:

(1) The district's projected revenues;

(2) The projected costs of the program; and

(3) The period of time for which the district's revenues shall be obligated.

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