§ 14-269-103 - General authority -- Agreements with federal agencies -- Condemnation proceedings.
               	 		
14-269-103.    General authority -- Agreements with federal agencies -- Condemnation proceedings.
    (a)  Any  municipality in this state is authorized to own, acquire, construct,  reconstruct, extend, equip, improve, operate, maintain, sell, lease,  contract concerning, or otherwise deal in or dispose of any land,  buildings, improvements, or facilities of any and every nature whatever  necessary or desirable for the developing and providing of public parks  and facilities within or near the municipality including, without  limitation, recreation areas, stadiums, auditoriums, arts and crafts  centers, folklore centers, interpretative centers, camping areas, and  other facilities so as to provide for the recreation and cultural needs  of its inhabitants and to stimulate and encourage the economic growth of  the municipality and its inhabitants; each such undertaking by a  municipality shall sometimes be referred to in this subchapter as a  "project".
(b)    (1)  Any  municipality in this state shall have the authority to lease to any  individual, firm, or corporation municipal property comprising parks,  playgrounds, golf courses, swimming pools, or other property which has  been dedicated to a public use for recreational or park purposes, on  such terms and conditions as may be desirable or necessary.
      (2)  Any  municipality is also authorized to lease municipally owned lands and  facilities to a community college board to be used for educational  purposes.
      (3)  Any lease under this subsection shall be for a period not to exceed ninety-nine (99) years.
      (4)  Those  persons or entities holding leases on municipal park and recreational  facilities on July 6, 1977, shall have the first option to renew their  leases.
(c)  Municipalities are  authorized to enter into and carry out appropriate agreements with any  agency of the government of the United States of America, hereinafter  referred to as "government," pertaining to the accomplishment of the  purposes authorized by this subchapter including, without limitation,  loan agreements with the government for the borrowing of money and  agreements pertaining to grants from the government.
(d)    (1)  In  the event that necessary lands needed for the accomplishment of the  purposes authorized by this subchapter cannot be acquired by  negotiation, any municipality is authorized to acquire the needed lands  by condemnation proceedings under the power of eminent domain.
      (2)  The  proceedings may be exercised in the manner provided for taking private  property for rights-of-way for railroads as set forth in      18-15-1202  -- 18-15-1207, or in the manner provided by      18-15-301 -- 18-15-307,  or pursuant to any other applicable statutory provisions for the  exercise of the power of eminent domain by the various municipalities in  the State of Arkansas.