Statutes > Arkansas Statutes > Title 14 - Local Government > Subtitle 5 - Improvement Districts Generally > Chapter 89 - Fiscal Affairs Of Municipal Improvement Districts > Subchapter 9 - Use of Profits > § 14-89-906 - Approval by municipal council.

§ 14-89-906 - Approval by municipal council.

14-89-906. Approval by municipal council.

The profits from the operation of any electric power plant or waterworks system shall not be used for the purposes set forth in 14-89-903 until such expenditures by a municipal improvement district have first been authorized by resolution duly adopted by the council of the city or town.