Copyrighted by the City of Springdale & Municipal Code Corporation, 1998.

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Sec. 18-28. Disposition of revenues.

All revenue derived from the operation of such airport, or flying field, after paying the operating expenses and maintenance, shall be set aside and used for additional improvements of such airport, or for the retirement of bonds and interest thereon issued or advancement made for the purchase and improvement of such airport or flying field.

(Code 1973, § 3-3)

Cross reference(s)--Finances, § 2-146 et seq.

State law reference(s)--Similar provisions, A.C.A. § 14-359-117.

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