"Act No. 469" means Act No. 469 of 1965.
"Agency" or "state agency" means any agency, board, officer, commission, department, division or institution of the State of Arkansas.
"Bonds" means bonds and any series of bonds authorized by and issued pursuant to the provisions of this Act.
"1966 Bonds" means the Arkansas State Department of Health Building Commission Revenue Bonds, dated December 1, 1966, authorized by and issued under Act No. 469.
"Building" means the State Department of Health Building constructed and financed under the provisions of Act No. 469, including the Expansion.
"Commission" means the Arkansas State Department of Health Building Commission, established by Act No. 469.
"Construct" means to acquire, construct, reconstruct, remodel, install and equip any lands, buildings, structures, improvements, or other property, real, personal or mixed, useful in connection with the Expansion, and to make other necessary expenditures in connection therewith, by such methods and in such manner as may be authorized by law, and in the case of the acquisition of equipment and other property of a medical, laboratory or technical nature by such method as the Commission shall determine to be necessary or desirable to accomplish the power, purposes and authorities set forth in this Act and without regard to the provisions of other laws pertaining to the construction and acquisition of property by state agencies. The term "construct" also includes payment or provision for expenses incidental thereto.
"Division" means any division, bureau, section, office or officer of the Department of Health.
"Expansion" means any additions, extensions, or improvements to the Building and may include any necessary or appropriate remodeling and improvements to the present Building and its facilities, with appropriate equipment and furnishings, all as determined by the Commission.
"Fees" means the fees confirmed, ratified, fixed and imposed by this Act, as set forth in Section 6 of this Act.
"Fee revenues" means all revenues derived from the fees.
"Pledged revenues" means all revenues authorized by Section 9 of this Act to be pledged for the security and payment of the bonds, being fee revenues and gross revenues derived from the leasing or rental of space.
Subject to any covenants any pledges in connection with any outstanding 1966 Bonds, the Commission may, if it so desires, use any of the pledged revenues in the Bond Fund prior to the issuance of any bonds hereunder for defraying the costs of accomplishing the powers, purposes and authorities of the Commission under this Act. The principal of, premiums, if any, interest on, and trustee's and paying agent's fees in connection with the bonds shall be payable solely from the moneys in the Bond Fund and the moneys required by this Act to be deposited into the Bond Fund. The Commission is directed to insert appropriate provisions in the authorizing resolution or trust indenture for the investing and reinvesting of moneys in the Bond Fund (in securities selected by the Commission), and all income derived from such investments shall be and become a part of the Bond Fund.
Ark. Code app TITLE 19 § 6