(a) The governing body of a city or town which has established an urban service district is authorized to compile a program of capital construction, reconstruction, and improvements within the district and submit the program to the Arkansas Development Finance Authority.
(b) Each program shall specify:
(1) The capital construction, reconstruction, and improvements to be made within the district;
(2) The estimates of cost of the specific projects; and
(3) The total cost for each district within a municipality.
(c) The mayor, city manager, or city administrator is authorized to employ architects and other like professional and technical assistance as is determined to be necessary for laying out, compiling, and implementing the program of capital construction, reconstruction, and improvements within the district.