Arkansas § 14-184-104 - Definitions.

§ 14-184-104. Definitions.

As used in this subchapter, unless the context otherwise requires: “Acquire” means obtain property rights by gift, purchase, devise, bequest, eminent domain, lease, sublease, assignment of lease, or any combination or variant of these means; “Assessed value” means value as assessed for ad valorem property tax purposes; “Board” means the board of commissioners appointed; “District” means the central business improvement district created by ordinance of the municipality; “Governing body” means the city council, board of directors, commission, or other municipal body exercising general legislative power in the municipality; “Municipality” means any city having the population required by § 14-184-107; “Owner” means record owner in fee simple; “Plan or plan of improvement” means the general design plan, including any amendments to it that may be made from time to time of the proposed improvements in the district.