Bill Text: VA HB1452 | 2018 | Regular Session | Chaptered
Bill Title: Regional industrial facility authority; amends enabling statute for creation of an authority.
Spectrum: Bipartisan Bill
Status: (Passed) 2018-03-30 - Governor: Acts of Assembly Chapter text (CHAP0545) [HB1452 Detail]
Download: Virginia-2018-HB1452-Chaptered.html
Be it enacted by the General Assembly of Virginia:
1. That §15.2-6402 of the Code of Virginia is amended and reenacted as follows:
§15.2-6402. Procedure for creation of authorities.
The governing bodies of any three two or more
localities within the region, provided that at least two or more of the
localities are cities or counties or a combination thereof, may, in conformance
with the procedure set forth herein, create a regional industrial facility
authority by adopting ordinances proposing to create an authority which shall
(i) set forth the name of the proposed regional industrial facility authority
(which shall include the words "industrial facility authority"); (ii)
name the member localities; (iii) contain findings that the economic growth and
development of the locality and the comfort, convenience and welfare of its
citizens require the development of facilities and that joint action through a
regional industrial facility authority by the localities which are to be
members of the proposed authority will facilitate the development of the needed
facilities; and (iv) authorize the execution of an agreement establishing the
respective rights and obligations of the member localities with respect to the
authority consistent with the provisions of this chapter. However, with regard
to Planning Districts 2, 3, 10, 11 and 12, the governing bodies of any two or
more localities within the region, provided that one or more of the localities
is a city or county, may adopt such an ordinance. Such ordinances shall be
filed with the Secretary of the Commonwealth. Upon certification by the
Secretary of the Commonwealth that the ordinances required by this chapter have
been filed and, upon the basis of the facts set forth therein, satisfy such
requirements, the proposed authority shall be and constitute an authority for
all of the purposes of this chapter, to be known and designated by the name
stated in the ordinances. Upon the issuance of such certificate, the authority
shall be deemed to have been lawfully and properly created and established and
authorized to exercise its powers under this chapter. Each authority created
pursuant to this chapter is hereby created as a political subdivision of the
Commonwealth. At any time subsequent to the creation of an authority under this
chapter, the membership of the authority may, with the approval of the
authority's board, be expanded to include any locality within the region that
would have been eligible to be an initial member of the authority. The
governing body of a locality seeking to become a member of an existing authority
shall evidence its intent to become a member by adopting an ordinance proposing
to join the authority that conforms, to the extent applicable, to the
requirements for an ordinance set forth in clauses (i), (iii), and (iv) of this
section.
