§ 10-20. Additional authority of the board.

The board is hereby additionally authorized and empowered:

(a)

To adopt bylaws, not in conflict with this article or the Public Facilities Board Act for the regulation of its affairs and the conduct of its business;

(b)

To adopt an official seal and alter it at pleasure;

(c)

To maintain an office at such place or places in Pulaski County, Arkansas, as the board may designate;

(d)

To sue and be sued in its own name;

(e)

To fix, charge, and collect rents, fees, and charges for the use of any public facilities project;

(f)

To employ and pay compensation to such employees and agents, including attorneys, consulting engineers, architects, surveyors, accountants, financial experts, and others as may be necessary in its judgment, and to fix their compensation.

Provided further, the Pulaski County clerk shall provide administrative services to the board, which shall include, but are not limited to, attendance at all board meetings, preparation of minutes of board meetings and related activities, and after being executed by the secretary of the board, filing of the same in the clerk's office and, in general, any administrative services necessary for the accomplishment of the objectives of the board. The board shall impose an administrative fee equal to twenty-five cents ($.25) per one thousand dollars of bonds issued to the issuance cost of the bond issue for the services of the county clerk. Said administrative fee shall be contingent upon the issuance of such bonds and be payable to the Pulaski County general fund from the proceeds thereof;

(g)

To do any and all other acts and things to accomplish the public facilities projects for which it is authorized by this article, and all other acts and things authorized or required by the Public Facilities Board Act, as it may from time to time be amended, and all other things necessary or convenient to accomplish the purposes for which the board has been created.

(Ord. No. 92-OR-26, Art. 6, 3-25-92)