Miller Co. Prosecuting Atty asks for legislative audit of TK, AR - KSLA News 12 Shreveport, Louisiana News Weather & Sports

Miller Co. Prosecuting Atty asks for legislative audit of Texarkana, AR

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TEXARKANA, AR (KSLA) -

The Mayor of Texarkana, Arkansas has called a news conference this afternoon in response to the request made earlier this week by the Miller  County Prosecuting Attorney for a legislative audit of the city's financial dealings.

In a letter sent Tuesday to the Chairman of the Arkansas Division of Legislative Audit, 8th Judicial District Prosecuting Attorney Carlton Jones requests "an investigative/Special Report Audit regarding aspects of the spending, contracting and accounting practices of the City of Texarkana."

"We request that the audit be of a limited scope of events surrounding the developments of the "Crossroads Business Park" in northern Texarkana, Arkansas and the process through which the City of Texarkana, Arkansans provided financial support/incentives for the project," Jones' letter continues, listing 6 specific instances of disbursements and funding by the city, including the same-day transfer of funds from the Texarkana Water Utilities (TWU) account to the City General Fund, and then paid over to the project developer.

It also cites "Contracts/Invoices paid without supporting documentation and checks paid over to the developer," "Issuance of checks or financial instruments without proper protocol and/or procedures" and "Lack of a clear record of ownership interest of the respective parties to the development (Specifically, the City of Texarkana)"

Click here to read the letter to the Arkansas Division of Legislative Audit, which closes by saying that "the observations made above are come of the concerns expressed by citizens in our community."

It also says that "a review by the Prosecuting Attorney's office of the records of the transactions made by the parties of this development raise issues that should be addressed."

The request comes less than a week after the city's Board of Directors voted to re-hire the once-fired city manager, Harold Boldt. It's signed by Dist. 1 Rep. Mary "Prissy" Hikerson  and Dist. 11 Sen. Jimmy Hickey Jr.

Those who objected to Boldt's return have expressed concerns about the city's business dealings concerning the Crossroads Business Park, which opened in 2012,and the Holiday Springs Water Park that opened there in July 2013. It's all part of a multi-phase development at the 1,000 acre multi-use area  east of State Line Avenue that includes a convention center and hotel.

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