Arkansas § 14-217-103 - Definitions.

§ 14-217-103. Definitions.

As used in this chapter: “Assessment secured bonds” means bonds described in and issued under the authority of § 14-217-109(b); “Board of commissioners” or “board” means the board of commissioners, board of directors, board of improvement, or other governing board of a district; “Bonds” means bonds issued under the authority of this chapter, whether assessment secured bonds or revenue bonds; “City clerk” means city clerk, city recorder, town recorder, or other similar office hereafter created or established; “Commissioner” means any member of a board of commissioners; “Consolidated utility district” or “district” means any municipal improvement district created before March 19, 1975, pursuant to special act or general act, or created after March 19, 1975, pursuant to this chapter, for the purpose of constructing or operating and maintaining a consolidated utility system; “Consolidated utility system”, “consolidated system”, or “system” means any system of public utilities together with any facilities related to or necessary or appropriate to the construction, operation, or maintenance consisting of: A combined water system and sewer system; or An electric system consolidated or combined with a water system or with a sewer system; “Construct” or “construction” means to acquire, construct, reconstruct, extend, improve, install, or equip any system or portion thereof; “Electric system” means any system for the production, generation, transmission, or delivery of electricity; “Governing body” means the council, board of directors, commission, or other governing body of a municipality; “Major utility facility” or “major facility” means any electric generating plant or bulk water supply facility and related necessary appurtenant land and land rights, substation, fuel, fuel handling and storage equipment, and similar necessary equipment; “Municipality” means any city of the first class, city of the second class, or incorporated town; “Person” means any natural person, firm, corporation, association, public agency located within or outside the State of Arkansas, or other legally recognized entity; “Public utility corporation” means any public utility as defined in § 23-1-101; “Revenue bonds” means bonds described in and under the authority of § 14-217-109(c); “Sewer system” means any system for the collection, transmission, treatment, or disposal of liquid or solid industrial or domestic waste; and “Water system” means any system for the acquisition, treatment, storage, transmission, or delivery of water.