Arkansas § 6-53-308 - Municipal contracts.
Full text of Arkansas Arkansas Code of 1987 Annotated § 6-53-308 — Municipal contracts., with citation guidance and answers to common questions.
§ 6-53-308. Municipal contracts.
The local board of a community college may contract with a municipality for: The transfer of real property, including any buildings or structures thereon from the college to the municipality; Any or all of the following: The construction, repair, and renovation of buildings or structures; The construction of additions to buildings or structures; and The provision of equipment, apparatus, library materials, and fixtures for the buildings or structures by the municipality; and The long-term lease of at least fifty (50) years of the buildings or structures by the municipality to the college for nominal monetary and other valuable consideration. The leased building or structure shall be utilized by the college for educational purposes. The college may expend funds under the Arkansas College Savings Bond Act of 1989, § 6-62-701 et seq., and the college and the municipality may expend any other funds available pursuant to applicable law for the purposes set out in this section and for the operation of the facility or structure if the college receives a long-term lease of at least fifty (50) years. If, pursuant to subsection (a) of this section, the college receives a long-term lease of at least fifty (50) years, the college and the municipality are authorized jointly to do any or all of the following: Construct, repair, and renovate buildings or structures; Construct additions to buildings or structures; and Provide equipment, apparatus, library materials, and fixtures for the buildings or structures.
Frequently Asked Questions About Arkansas § 6-53-308
What does Arkansas Code of 1987 Annotated § 6-53-308 cover?
Section 6-53-308 ("Municipal contracts.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 6-53-308?
A common citation format is "Arkansas Code of 1987 Annotated § 6-53-308" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 6-53-308 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.