§ 6-61-1501. Arkansas Statewide Energy Consortium
(a) There is created the Arkansas Statewide Energy Consortium consisting of the: (1) University of Arkansas, Fayetteville; (2) University of Arkansas, Little Rock; and (3) Arkansas State University, Jonesboro. (b) (1) The consortium shall be headquartered at the University of Arkansas, Fayetteville, National Center for Reliable Electric Power Transmission. (2) The University of Arkansas, Fayetteville, […]
§ 6-61-1502. Electrical Energy Advancement Program Fund Board
(a) The Electrical Energy Advancement Program Fund Board is created to make recommendations to the Arkansas Statewide Energy Consortium regarding the allocation of funds for the programs approved under this subchapter. (b) The board is composed of fifteen (15) members as follows: (1) (A) The Executive Director of the National Center for Reliable Electric Power […]
§ 6-61-1503. Duties
(a) (1) The Electrical Energy Advancement Program Fund Board shall make recommendations to the Arkansas Statewide Energy Consortium concerning the funding, funding ratios, and maximum amounts to be made available among the proposals and programs for: (A) Competitive undergraduate scholarships for Arkansas residents in the field of electrical and electronic engineering at the member universities […]
§ 6-61-1012. Authority of board of trustees — Financing a project
The board of trustees is authorized and empowered to enter into the necessary contracts for the borrowing of all or any part of the funds that the board may determine will be required in connection with the financing of a project.
§ 6-61-1601. Findings
The General Assembly finds that: (1) There is a need to create and promote a comprehensive energy summary and report for the state. (2) The collaboration of all state-supported institutions of higher education that participate in energy research activities is vital to ensure an orderly and effective set of data and other research necessary to […]
§ 6-61-1013. Authority of board of trustees — Refunding bonds
(a) The board of trustees has the power to and is authorized to refinance, in whole or in part, from time to time, its valid outstanding obligations issued under this subchapter and any amendments hereto. (b) (1) To that end, the board of trustees may issue refunding bonds. (2) This power may be exercised successively, […]
§ 6-61-1602. Institutional Energy Research Committee — Creation — Purpose
(a) The Arkansas Higher Education Coordinating Board shall coordinate the efforts of all state-supported institutions that participate in energy research activities in the development of the Arkansas Energy Summary and Report. (b) The Division of Higher Education, in collaboration with state-supported institutions of higher education that participate in energy research activities, shall appoint at least […]
§ 6-61-1014. Authority of board of trustees — Use of available funds
The board of trustees is authorized to utilize any funds available to finance temporarily all or any part of the project and to make reimbursement of the funds from the proceeds of the sale of any bonds issued to finance a project permanently.
§ 6-61-1603. Arkansas Energy Summary and Report
(a) The Institutional Energy Research Committee shall create and adopt the Arkansas Energy Summary and Report that includes without limitation the: (1) Energy production and usage in Arkansas, including: (A) Current sources of energy in Arkansas by percentage and cost; (B) Current energy demand and percentage of use of each energy source, including the production […]
§ 6-61-901. Purpose
In order to enhance the public’s access to performance indicators and to better measure the dividends paid on the increasing public investment in Arkansas’s institutions of higher education, the General Assembly finds that a separate office of accountability should be established within the Division of Higher Education.