§ 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.
§ 14-360-201. Authorization
Any two (2) or more municipal corporations in the State of Arkansas may own and hold in joint tenancy, by gift or purchase, lands for use as airports or flying fields, which may be located either within or without their corporate limits, and may enter into contracts or agreements with each other, authorized by ordinances, […]
§ 14-360-202. Administration
The councils of municipal corporations shall provide, by ordinances, for a joint airport commission for the control and administration of joint airports or flying fields with such powers, including the fixing of proper charges for their use and the expenditure of the revenues therefrom, and to be composed of such numbers of members representing each […]
§ 14-360-301. Authority granted cumulative
The authority granted by this subchapter shall be cumulative and granted in addition to any authority previously granted by other acts, specifically including but not limited to all authority granted by Acts 1949, No. 53, known as the “Airport Commission Act”.
§ 14-360-302. Authority to erect
Any city owning a municipal airport is authorized and empowered to erect and construct buildings, structures, and other improvements, whether or not they are essential to, connected with, or incidental to the operation of the airport and airport facilities, upon municipal airport property, that is, upon lands which are managed and operated by the city, […]
§ 14-360-303. Recommendation by commission
The authority granted by this subchapter to a city may be exercised by the governing body of the city, in its discretion, only after it has received the recommendation of its airport commission in the form of a resolution of the airport commission.
§ 14-360-304. Operation after completion
The airport commission is authorized and empowered to operate the buildings, structures, or other improvements, after the completion thereof, including, without limiting the generality of this grant, the execution of lease agreements covering the leasing of space therein in such form, for such terms, with such provisions, for such amounts, and with such parties including, […]
§ 14-360-305. Borrowing of funds and revenue bonds — Authorization to contract
A city is authorized and empowered to enter into the necessary contracts for the borrowing of all funds that it may determine will be required in connection with the financing of the structures, buildings, or other improvements or the construction of extensions, additions, or improvements thereto, after the original construction is completed, including architectural, engineering, […]
§ 14-359-118. Records and reports
(a) The commissioners shall keep a record of all revenues and expenditures of the airport and its related properties and facilities and shall submit monthly reports to the mayor and city council. (b) (1) (A) It shall be the duty of the airport commissioners to prepare and file an annual report of the financial affairs […]