§ 15-22-1012 - Use of funds.
15-22-1012. Use of funds.
The Executive Director of the Arkansas Natural Resources Commission may use the moneys in the Arkansas Water Development Fund for the following purposes:
(1) For the voluntary acquisition of land suitable for use in mitigation banks;
(2) To pay for costs incurred for alterations needed to create, restore, or enhance aquatic resources areas for purposes of carrying out the provisions of this subchapter;
(3) For payment of administrative, research, or scientific monitoring expenses of the Arkansas Natural Resources Commission in carrying out the provisions of this subchapter;
(4) To repay financial assistance received from state financial assistance programs, including interest and applicable fees, used for the purposes of carrying out the intent of this subchapter; and
(5) Any other purpose related to wetland, stream, deep water aquatic habitat, or aquatic resources creation or restoration.
The Executive Director of the Arkansas Natural Resources Commission may use the moneys in the Arkansas Water Development Fund for the following purposes:
(1) For the voluntary acquisition of land suitable for use in mitigation banks;
(2) To pay for costs incurred for alterations needed to create, restore, or enhance aquatic resources areas for purposes of carrying out the provisions of this subchapter;
(3) For payment of administrative, research, or scientific monitoring expenses of the Arkansas Natural Resources Commission in carrying out the provisions of this subchapter;
(4) To repay financial assistance received from state financial assistance programs, including interest and applicable fees, used for the purposes of carrying out the intent of this subchapter; and
(5) Any other purpose related to wetland, stream, deep water aquatic habitat, or aquatic resources creation or restoration.
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