The Golden Triangle Economic Development Council passed an important resolution supporting Amendment One at a monthly board of directors meeting recently held in Hampton. Amendment One will be on the Nov. 7, election ballot.<\/p>\n
The board voted unanimously to support Act 1282 authorizing the Arkansas Higher Education Coordinating Board to request the Arkansas Development Finance Authority to issue up to $250 million in college savings bonds for the improvement of technology and facilities in higher education. About $100 million of the bond issue is to be used to refund existing bonds with the remaining $150 million to be allocated to the public institutions of higher education in Arkansas.<\/p>\n
This will bring opportunities to expand technology and facilities with no expense to taxpayers and no additional debt service. It will mean $3.5 million for Southern Arkansas University, $1.5 million for South Arkansas Community College, and $730,000 for SAU Tech.<\/p>\n
\u201cI believe that Amendment One has the potential to move Arkansas ahead at a faster rate than would be otherwise possible,\u201d said Dr. David Rankin, chair of the Council. \u201cAs Amendment One involves no new taxes, I hope that Arkansas voters will find this an attractive way to build for the future.\u201d<\/p>\n
In other business, the Council made plans for its bi-annual Legislative Workshop to be held on Dec. 8, in the Donald W. Reynolds Campus and Community Center on the campus of Southern Arkansas University.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Golden Triangle Economic Development Council passed an important resolution supporting Amendment One at a monthly board of directors meeting recently held in Hampton. Amendment One will be on the Nov. 7, election ballot.<\/p>\n
The board voted unanimously to support Act 1282 authorizing the Arkansas Higher Education Coordinating Board to request the Arkansas Development Finance Authority<\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[97,276],"tags":[],"class_list":{"0":"post-269","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-alumni","7":"category-community-corner","8":"entry"},"acf":[],"_links":{"self":[{"href":"https:\/\/web.saumag.edu\/news\/wp-json\/wp\/v2\/posts\/269","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/web.saumag.edu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/web.saumag.edu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/web.saumag.edu\/news\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/web.saumag.edu\/news\/wp-json\/wp\/v2\/comments?post=269"}],"version-history":[{"count":0,"href":"https:\/\/web.saumag.edu\/news\/wp-json\/wp\/v2\/posts\/269\/revisions"}],"wp:attachment":[{"href":"https:\/\/web.saumag.edu\/news\/wp-json\/wp\/v2\/media?parent=269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/web.saumag.edu\/news\/wp-json\/wp\/v2\/categories?post=269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/web.saumag.edu\/news\/wp-json\/wp\/v2\/tags?post=269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}