Park revenue bonds
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Revision as of 00:46, 2 January 2008 by Phil (talk | contribs) (New page: Park revenue bonds may be issued by the City of Little Rock to fund improvements to the parks infrastructure of the city. On March 17, 1998 the Little Rock Board of Directors vot...)
Park revenue bonds may be issued by the City of Little Rock to fund improvements to the parks infrastructure of the city.
On March 17, 1998 the Little Rock Board of Directors voted to approve $16.5 million in revenue bonds to purchase land for the presidential center. On April 10, 1998 Empower Arkansas was organized to block the revenue bond issue. In June 1998 Little Rock's Stephens Incorporated begins issuing revenue bonds for Library site purchase. Between January and March 2001 the State District Court and Arkansas Supreme Court heard arguments that the City of Little Rock illegally issued revenue bonds for the Clinton Library.
