North Little Rock will sell $200,000 of five-year revenue bonds to build a recreational vehicle park with 60 slots on land directly across the Arkansas River from the Clinton Presidential Center in Little Rock.

City officials said they hope to rent an average of 20 units each night, five nights a week, for 40 weeks each year at a cost of $25 per night.

Twin City Bank of North Little Rock has agreed to purchase the bonds at an interest rate of 3.11%.

Work on the RV park is expected to begin in late July and be completed by September.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.