§ 13-7-505. Loan program — Duties of program
(a) The Arkansas Historic Preservation Program shall make direct loans or loan subsidies upon such terms and conditions as it deems appropriate to owners of registered cultural properties for the restoration, rehabilitation, or repair of those properties in accordance with this subchapter. (b) The program shall adopt rules to govern the application procedure and requirements […]
§ 13-7-506. Loans — Criteria
(a) Loans or loan subsidies from the Historic Preservation Revolving Loan Fund shall be made only to property owners who: (1) Agree to repay the loan and to maintain the registered cultural property as restored, rehabilitated, or repaired for a specified period, but in no case less than seven (7) years; (2) Agree to maintain […]
§ 13-7-507. Donation or sale of property — Disposition of proceeds
(a) The Arkansas Historic Preservation Program may accept any property donated to it and may donate property or sell property to any person or entity and upon such terms as it deems in the best interest of the state. (b) The program may deposit the proceeds from the sale of property into a financial institution […]
§ 13-7-303. Members
(a) The Historic Arkansas Museum Commission shall be composed of not fewer than seven (7) nor more than eleven (11) members and vacancies on the commission shall be filled by the remaining members. (b) None of the commissioners shall receive any salary or other remuneration for their services.
§ 13-7-304. Commission accounts
The members of the Historic Arkansas Museum Commission shall keep strict account of all moneys received and disbursed by them and by their order and shall file a statement thereof annually with the Secretary of the Department of Finance and Administration, who shall properly check and audit the statement of account and the books of […]
§ 13-7-305. Admission fees — Disposition of revenues
(a) Before and after the restoration work on the Historic Arkansas Museum is completed, the Historic Arkansas Museum Commission may charge an admission fee thereto as it deems appropriate. (b) The commission may charge a facility rental fee as it deems appropriate. (c) The funds realized from admission fees, the sale of souvenirs, facility rental […]
§ 13-7-306. Acquisition of additional property — Restoration
(a) The Historic Arkansas Museum Commission is authorized to acquire for and in the name of the State of Arkansas, by purchase, gift, donation, or otherwise, the title to the west one-half (½) of Block 32 of the Original City of Little Rock, Arkansas, which adjoins the present property owned by the State of Arkansas […]
§ 13-7-307. Acceptance of gifts
The Historic Arkansas Museum Commission is authorized to accept and receive any and all gifts, grants, donations, and contributions of real and personal property and to manage and use the property and the income therefrom for the construction, reconstruction, restoration, and maintenance of buildings or facilities and for other improvements on the property.
§ 13-7-308. Certificates of indebtedness — Restrictions — Liability
(a) (1) The Historic Arkansas Museum Commission is authorized to issue certificates of indebtedness for the purpose of obtaining funds for construction, reconstruction, and restoration of buildings and facilities, and for making other improvements, on Block 32 of the Original City of Little Rock. (2) The commission may pledge the income derived from real or […]
§ 13-7-309. Forms of certificates of indebtedness
(a) Certificates of indebtedness issued pursuant to the authority granted in this subchapter shall be in such form and denomination and shall have such dates of maturity and bear such interest rate or rates as the Historic Arkansas Museum Commission shall determine. (b) No certificates shall mature more than twenty (20) years from date of […]