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§ 14-360-101. Municipal airports authorized

Cities of the first and second class and incorporated towns in the State of Arkansas may acquire and own airports or flying fields, which may be located either within or without the corporate limits of the cities or towns.

§ 14-360-102. Acquisition of property

(a) The real property for municipal airports or flying fields may be acquired by gift, purchase, or by the exercise of the right of eminent domain, which is granted to cities for this purpose. (b) The procedure for the exercise of the right of eminent domain shall be that prescribed by law for the exercise […]

§ 14-360-104. Operation in another state

Any city of the first class which is located at or near the boundary of another state may acquire, own, improve, and operate an airport or flying field located wholly or in part in the other state.

§ 14-360-105. Use of operational revenue

All revenue derived from the operation of a municipal airport or flying field, after paying the operating expenses and maintenance, shall be set aside and used for additional improvements on the airport, or for the retirement of bonds and interest thereon issued for the purchase and improvement of the airport or flying field.