§ 14-173-101. Title

This chapter shall be known and cited as the “City and County Economic Development Grant Authorization Act”.

§ 14-173-102. Definitions

As used in this chapter, unless the context otherwise requires: (1) “City” means any city of the first class, any city of the second class, or any incorporated town established by the laws of the State of Arkansas; (2) “County” means any county in the State of Arkansas; (3) “Economic development grant program” means a […]

§ 14-173-103. Authority to establish programs

(a) The governing body of any city or the quorum court of any county in Arkansas shall be authorized under this subchapter to establish by ordinance a program for the awarding of grants to any nonprofit corporation, organization, or association to aid or assist or otherwise promote economic development in the city or the county […]

§ 14-173-104. Grant ordinance

The city or county economic development grant ordinance shall: (1) Provide for the mayor or county judge or a designee to administer the grant program authorized under this subchapter; (2) Require the mayor or county judge to take the necessary action to ensure that the funds are used for the purposes for which the grant […]

§ 14-173-105. Application and award

(a) The mayor or county judge or a designee shall promulgate the forms to be used in applying for the city or county economic development grant. (b) All applications shall be submitted as required by the establishing ordinance. (c) After receipt of the application, the mayor or county judge or a designee shall review the […]