§ 14-144-207 - Declaration of taking. - Arkansas Statutes

14-144-207. Declaration of taking.

(a) (1) The petitioner may file a declaration of taking at any time before a judgment is signed by the chair of the research park authority board or with the condemnation petition in any proceeding instituted by and in the name of the research park authority that involves the acquisition of real property, an interest in the real property, or the easement.

(2) The declaration shall declare that the authority is taking the real property, an interest in the real property, or the easement for the use of the authority.

(b) The declaration of taking shall contain or have annexed to it the following:

(1) A statement that the authority is taking the real property, an interest in real property, or an easement;

(2) A statement of the purpose for which the authority is taking the real property, an interest in the real property, or the easement;

(3) A description of the real property, an interest in the real property, or the easement that the authority is taking sufficient for the identification of the real property, an interest in the real property, or the easement;

(4) A plat showing the real property, the interest in the real property, or the easement that the authority is taking; and

(5) A statement of the amount of money estimated by the acquiring authority to be just compensation for the taking of the real property, an interest in the real property, or the easement.