Arkansas Amendment 1 (2000)
From Ballotpedia
Arkansas Amendment 1, also known as the The city and county government redevelopment bond and short term financing amendment was on the November 7, 2000 election ballot in Arkansas.
This measure was a legislatively-referred constitutional amendment.
Contents |
2000 election results
| Arkansas Amendment 1 | ||||
|---|---|---|---|---|
| Yes or no | Percentage | |||
 Yes
| 54.6% | |||
| No | 45.4% | |||
| Total votes | 100% precincts | |||
Text of the proposal
The language that appeared on the ballot:
Legislative Constitutional Amendment Authorizes cities and counties to form redevelopment districts and to issue bonds for redevelopment projects in the districts; provides that municipalities and counties may incur short-term financing obligations having a term not to exceed five years for the purpose of acquiring, constructing, installing or renting real property or tangible personal property; specifies maximum lawful rate of interest for such obligations (HJR 1012)
