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Legal Opinion

Opinion No.

Arkansas Attorney General Reports

Decided March 9, 1994Published

1Opinion of the Court

The Honorable Mike Beebe State Senator 211 West Arch Searcy, AR 72143

Dear Senator Beebe:

This is in response to your request for an opinion on the following questions regarding a proposed method by which planning and development districts organized pursuant to A.C.A. 14-166-201 et seq. (1987) could assist cities and counties in purchasing equipment:

1) Would it be permissible for the Planning/Economic Development Districts to become a party in lease purchase agreements in lieu of the governmental unit? The District would then enter into a straight lease with the unit of government. Obviously,…

2Cases cited14 opinions

  1. City of Hot Springs v. CrevistonSupreme Court of Arkansas · 1986
  2. Bell v. Itek Leasing Corp.Supreme Court of Arkansas · 1977
  3. Fitzgerald v. WalkerSupreme Court of Arkansas · 1891
  4. Adams v. BryantSupreme Court of Arkansas · 1963
  5. Brown v. City of StuttgartSupreme Court of Arkansas · 1993

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