§ 22-3-1405 - Duties. - Arkansas Statutes

22-3-1405. Duties.

In addition to the purposes, powers, and authority set forth elsewhere in this subchapter or in other laws, in connection with the construction and equipping of buildings and facilities in Little Rock, Arkansas, to house state agencies, the Arkansas Building Authority is hereby authorized to:

(1) Obtain the necessary funds for accomplishing the purposes set forth in this subchapter from any source or sources, including, without limitation, the proceeds of revenue bonds or lease financings as authorized herein, and other funds as may be appropriated or may be available therefor; and

(2) Contract and be contracted with; and

(3) Invest and reinvest any of the proceeds of such revenue bonds as provided in such authorizing resolution or trust indenture, hereinafter authorized; and

(4) Take such other actions not inconsistent with law as may be necessary or desirable to carry out the powers, purposes, and authority set forth herein, in accordance with the duly promulgated policies of the Arkansas Building Authority Council as authorized by law.