{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/33.2-2916.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/33.2-2916.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/33.2-2916.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/33.2-2916.html"}],"law_id":75436,"edition_id":1,"section_id":75436,"structure_id":13979,"section_number":"33.2-2916","catch_line":"Transfer to City of Richmond","history":"2009, c. 471, \u00a7 15.2-7016; 2014, c. 805; 2015, c. 256.","full_text":"A\n\nIf the City of Richmond has rendered financial assistance or contributed in any manner to the cost of construction of a limited access highway by the Authority within or partly within and partly without the corporate limits of the City of Richmond, and the Authority has issued bonds for the construction of such limited access highway, then, when all such bonds, including refunding bonds, and the interest thereon have been paid or a sufficient amount of cash or United States government securities have been deposited and dedicated to the payment of all such bonds and the interest to the maturity or redemption date thereof in trust for the benefit of the holders of such bonds, all property, real and personal, acquired in connection with such limited access highway within the City of Richmond shall be transferred by the Authority to the City as compensation to the City for the financial assistance rendered by the City to the Authority in connection with the construction or acquisition of such limited access highway. Such highway shall upon the acceptance thereof by the City become a part of the street or highway system of the City and shall thereafter be maintained and operated as a limited access highway by the City. The governing body of the City of Richmond shall have the power to fix, revise, charge, and collect tolls for transit over such limited access highway and as compensation for other uses that may be made thereof. The proceeds from such tolls and compensation shall be first used to reimburse the City of Richmond and the Counties of Henrico and Chesterfield for any funds or expenditures made by each of them pursuant to contracts or agreements authorized by § 33.2-2913 for which reimbursement has not been made, and then for the operation, maintenance, improvement, expansion, or extension of such limited access highway and to increase its utility and benefits and for the construction, reconstruction, maintenance, and operation of other projects or highways connected with such limited access highway or with the federal or state highway systems, and for such purpose the City of Richmond shall succeed to all the functions and shall have all the powers conferred on the Authority by this chapter.B\n\nIf the Authority constructs a limited access highway project partly within and partly without the corporate limits of the City of Richmond, any extension thereof shall be constructed or acquired only when approved by the unanimous vote of all members of the board of directors or by a vote of three-fourths of the directors and approval by the City Council of the City of Richmond and the Boards of Supervisors of the Counties of Henrico and Chesterfield. If the Authority has issued bonds for the purpose of constructing such project or for the purpose of constructing or acquiring such extensions when all such bonds, including any refunding bonds, and the interest thereon have been paid or a sufficient amount of cash or United States government securities have been deposited and dedicated to the payment thereof in trust for the benefit of holders of such bonds, all property, real and personal, acquired in connection with such project or extension thereof not required to be transferred to the City of Richmond pursuant to subsection A shall be transferred by the Authority to the political subdivisions in which such property is located at the time of such transfer at no cost to such political subdivisions in the event the subdivisions adopt a resolution accepting such property. If not accepted by such subdivisions within 30 days from the offer of the property by the Authority, then the Authority shall transfer such property to the Commonwealth Transportation Board. If such property is accepted by the political subdivision where the property is located, the governing body of such subdivision shall have the power to fix, revise, charge, and collect tolls for transit over such limited access highway project or extension and as compensation for other uses that may be made thereof. The proceeds from such tolls and compensation shall be used first to reimburse the City of Richmond and the Counties of Henrico and Chesterfield for any funds or expenditures made by each of them pursuant to contracts or agreements authorized by § 33.2-2913 for which reimbursement has not been made and then for the operation, maintenance, improvement, expansion, or extension of such limited access highway project and to increase its utility and benefits and for the construction, reconstruction, maintenance, and operation of other projects or highways connected with such limited access highway or with the state or federal highway systems and for such purpose such political subdivisions shall succeed to all the functions and shall have all the powers conferred on the Authority by this chapter with respect to such property.","order_by":null,"text":{"0":{"id":270778,"text":"If the City of Richmond has rendered financial assistance or contributed in any manner to the cost of construction of a limited access highway by the Authority within or partly within and partly without the corporate limits of the City of Richmond, and the Authority has issued bonds for the construction of such limited access highway, then, when all such bonds, including refunding bonds, and the interest thereon have been paid or a sufficient amount of cash or United States government securities have been deposited and dedicated to the payment of all such bonds and the interest to the maturity or redemption date thereof in trust for the benefit of the holders of such bonds, all property, real and personal, acquired in connection with such limited access highway within the City of Richmond shall be transferred by the Authority to the City as compensation to the City for the financial assistance rendered by the City to the Authority in connection with the construction or acquisition of such limited access highway. Such highway shall upon the acceptance thereof by the City become a part of the street or highway system of the City and shall thereafter be maintained and operated as a limited access highway by the City. The governing body of the City of Richmond shall have the power to fix, revise, charge, and collect tolls for transit over such limited access highway and as compensation for other uses that may be made thereof. The proceeds from such tolls and compensation shall be first used to reimburse the City of Richmond and the Counties of Henrico and Chesterfield for any funds or expenditures made by each of them pursuant to contracts or agreements authorized by § 33.2-2913 for which reimbursement has not been made, and then for the operation, maintenance, improvement, expansion, or extension of such limited access highway and to increase its utility and benefits and for the construction, reconstruction, maintenance, and operation of other projects or highways connected with such limited access highway or with the federal or state highway systems, and for such purpose the City of Richmond shall succeed to all the functions and shall have all the powers conferred on the Authority by this chapter.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":270779,"text":"If the Authority constructs a limited access highway project partly within and partly without the corporate limits of the City of Richmond, any extension thereof shall be constructed or acquired only when approved by the unanimous vote of all members of the board of directors or by a vote of three-fourths of the directors and approval by the City Council of the City of Richmond and the Boards of Supervisors of the Counties of Henrico and Chesterfield. If the Authority has issued bonds for the purpose of constructing such project or for the purpose of constructing or acquiring such extensions when all such bonds, including any refunding bonds, and the interest thereon have been paid or a sufficient amount of cash or United States government securities have been deposited and dedicated to the payment thereof in trust for the benefit of holders of such bonds, all property, real and personal, acquired in connection with such project or extension thereof not required to be transferred to the City of Richmond pursuant to subsection A shall be transferred by the Authority to the political subdivisions in which such property is located at the time of such transfer at no cost to such political subdivisions in the event the subdivisions adopt a resolution accepting such property. If not accepted by such subdivisions within 30 days from the offer of the property by the Authority, then the Authority shall transfer such property to the Commonwealth Transportation Board. If such property is accepted by the political subdivision where the property is located, the governing body of such subdivision shall have the power to fix, revise, charge, and collect tolls for transit over such limited access highway project or extension and as compensation for other uses that may be made thereof. The proceeds from such tolls and compensation shall be used first to reimburse the City of Richmond and the Counties of Henrico and Chesterfield for any funds or expenditures made by each of them pursuant to contracts or agreements authorized by § 33.2-2913 for which reimbursement has not been made and then for the operation, maintenance, improvement, expansion, or extension of such limited access highway project and to increase its utility and benefits and for the construction, reconstruction, maintenance, and operation of other projects or highways connected with such limited access highway or with the state or federal highway systems and for such purpose such political subdivisions shall succeed to all the functions and shall have all the powers conferred on the Authority by this chapter with respect to such property.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":13979,"edition_id":1,"name":"Richmond Metropolitan Transportation Authority","identifier":"29","label":"chapter","depth":3,"order_by":1,"parent_id":12807,"metadata":{},"date_created":"2026-06-26 03:46:29","date_modified":"2026-06-26 03:46:29","permalink":{"id":207599,"object_type":"structure","relational_id":13979,"identifier":"29","token":"33.2\/IV\/29","url":"\/33.2\/IV\/29\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12807,"edition_id":1,"name":"Local and Regional Transportation","identifier":"IV","label":"subtitle","depth":2,"order_by":1,"parent_id":12806,"metadata":{},"date_created":"2026-06-26 03:43:54","date_modified":"2026-06-26 03:43:54","permalink":{"id":206943,"object_type":"structure","relational_id":12807,"identifier":"IV","token":"33.2\/IV","url":"\/33.2\/IV\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12806,"edition_id":1,"name":"Highways and Other Surface Transportation Systems","identifier":"33.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:54","date_modified":"2026-06-26 03:43:54","permalink":{"id":204785,"object_type":"structure","relational_id":12806,"identifier":"33.2","token":"33.2","url":"\/33.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":55318,"structure_id":13979,"section_number":"33.2-2900","catch_line":"Definitions","url":"\/33.2-2900\/","token":"33.2\/IV\/29\/33.2-2900","metadata":false},{"id":66763,"structure_id":13979,"section_number":"33.2-2901","catch_line":"Creation of the Richmond Metropolitan Transportation Authority","url":"\/33.2-2901\/","token":"33.2\/IV\/29\/33.2-2901","metadata":false},{"id":55049,"structure_id":13979,"section_number":"33.2-2902","catch_line":"Powers of the Richmond Metropolitan Transportation Authority","url":"\/33.2-2902\/","token":"33.2\/IV\/29\/33.2-2902","metadata":false},{"id":55181,"structure_id":13979,"section_number":"33.2-2903","catch_line":"Issuance of revenue bonds","url":"\/33.2-2903\/","token":"33.2\/IV\/29\/33.2-2903","metadata":false},{"id":61770,"structure_id":13979,"section_number":"33.2-2904","catch_line":"Rates and charges","url":"\/33.2-2904\/","token":"33.2\/IV\/29\/33.2-2904","metadata":false},{"id":75031,"structure_id":13979,"section_number":"33.2-2905","catch_line":"Use of state highway maintenance and construction funds for Authority facilities","url":"\/33.2-2905\/","token":"33.2\/IV\/29\/33.2-2905","metadata":false},{"id":85918,"structure_id":13979,"section_number":"33.2-2906","catch_line":"Refunding bonds","url":"\/33.2-2906\/","token":"33.2\/IV\/29\/33.2-2906","metadata":false},{"id":56386,"structure_id":13979,"section_number":"33.2-2907","catch_line":"Trust agreement","url":"\/33.2-2907\/","token":"33.2\/IV\/29\/33.2-2907","metadata":false},{"id":76945,"structure_id":13979,"section_number":"33.2-2908","catch_line":"Covenants to secure bonds","url":"\/33.2-2908\/","token":"33.2\/IV\/29\/33.2-2908","metadata":false},{"id":57645,"structure_id":13979,"section_number":"33.2-2909","catch_line":"Revenue bonds eligible for investment","url":"\/33.2-2909\/","token":"33.2\/IV\/29\/33.2-2909","metadata":false},{"id":71137,"structure_id":13979,"section_number":"33.2-2910","catch_line":"Authority obligations to be negotiable instruments; enforcement of bonds","url":"\/33.2-2910\/","token":"33.2\/IV\/29\/33.2-2910","metadata":false},{"id":77368,"structure_id":13979,"section_number":"33.2-2911","catch_line":"Exemption from taxation","url":"\/33.2-2911\/","token":"33.2\/IV\/29\/33.2-2911","metadata":false},{"id":86123,"structure_id":13979,"section_number":"33.2-2912","catch_line":"General powers of City of Richmond and Counties of Henrico and Chesterfield","url":"\/33.2-2912\/","token":"33.2\/IV\/29\/33.2-2912","metadata":false},{"id":67619,"structure_id":13979,"section_number":"33.2-2913","catch_line":"Powers of City of Richmond and Counties of Henrico and Chesterfield with respect to revenue bonds issued by the Authority","url":"\/33.2-2913\/","token":"33.2\/IV\/29\/33.2-2913","metadata":false},{"id":74847,"structure_id":13979,"section_number":"33.2-2914","catch_line":"Powers of the Commonwealth Transportation Board","url":"\/33.2-2914\/","token":"33.2\/IV\/29\/33.2-2914","metadata":false},{"id":71495,"structure_id":13979,"section_number":"33.2-2915","catch_line":"Acquisition of property","url":"\/33.2-2915\/","token":"33.2\/IV\/29\/33.2-2915","metadata":false},{"id":75436,"structure_id":13979,"section_number":"33.2-2916","catch_line":"Transfer to City of Richmond","url":"\/33.2-2916\/","token":"33.2\/IV\/29\/33.2-2916","metadata":false},{"id":74886,"structure_id":13979,"section_number":"33.2-2917","catch_line":"Miscellaneous","url":"\/33.2-2917\/","token":"33.2\/IV\/29\/33.2-2917","metadata":false},{"id":75812,"structure_id":13979,"section_number":"33.2-2918","catch_line":"Approval by Commonwealth Transportation Board","url":"\/33.2-2918\/","token":"33.2\/IV\/29\/33.2-2918","metadata":false},{"id":64414,"structure_id":13979,"section_number":"33.2-2919","catch_line":"Liberal construction","url":"\/33.2-2919\/","token":"33.2\/IV\/29\/33.2-2919","metadata":false},{"id":78932,"structure_id":13979,"section_number":"33.2-2920","catch_line":"Repealed","url":"\/33.2-2920\/","token":"33.2\/IV\/29\/33.2-2920","metadata":false},{"id":78026,"structure_id":13979,"section_number":"33.2-2921","catch_line":"Inconsistent laws inapplicable","url":"\/33.2-2921\/","token":"33.2\/IV\/29\/33.2-2921","metadata":false}],"previous_section":{"id":71495,"structure_id":13979,"section_number":"33.2-2915","catch_line":"Acquisition of property","url":"\/33.2-2915\/","token":"33.2\/IV\/29\/33.2-2915","metadata":false},"next_section":{"id":74886,"structure_id":13979,"section_number":"33.2-2917","catch_line":"Miscellaneous","url":"\/33.2-2917\/","token":"33.2\/IV\/29\/33.2-2917","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/33.2-2916\/","history_text":"

This law was first created in 2009. The record of its establishment is cataloged in chapter 471<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 2 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 2014, chapter 805<\/a>; in 2015, chapter 256<\/a>.<\/p>","references":false,"refers_to":[{"id":67619,"section_number":"33.2-2913","catch_line":"Powers of City of Richmond and Counties of Henrico and Chesterfield with respect to revenue bonds issued by the Authority","order_by":null,"url":"\/33.2-2913\/"}],"permalink":{"id":207665,"object_type":"law","relational_id":75436,"identifier":"33.2-2916","token":"33.2\/IV\/29\/33.2-2916","url":"\/33.2-2916\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/33.2-2916\/","token":"33.2\/IV\/29\/33.2-2916","dublin_core":{"Title":"Transfer to City of Richmond","Type":"Text","Format":"text\/html","Identifier":"\u00a7 33.2-2916","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> If the City of Richmond has rendered financial assistance or contributed in any manner to the cost of construction of a limited access highway<\/span> by the Authority<\/span> within or partly within and partly without the corporate limits of the City of Richmond, and the Authority<\/span> has issued bonds<\/span><\/span> for the construction of such limited access highway<\/span>, then, when all such bonds<\/span><\/span>, including refunding bonds<\/span><\/span>, and the interest thereon have been paid or a sufficient amount of cash or United States government securities have been deposited and dedicated to the payment of all such bonds<\/span><\/span> and the interest to the maturity or redemption<\/span> date thereof in trust for the benefit of the holders of such bonds<\/span><\/span>, all property, real and personal, acquired in connection with such limited access highway<\/span> within the City of Richmond shall be transferred by the Authority<\/span> to the City as compensation to the City for the financial assistance rendered by the City to the Authority<\/span> in connection with the construction or acquisition of such limited access highway<\/span>. Such highway shall upon the acceptance thereof by the City become a part of the street or highway system of the City and shall thereafter be maintained and operated as a limited access highway<\/span> by the City. The governing body of the City of Richmond shall have the power to fix, revise, charge, and collect tolls for transit over such limited access highway<\/span> and as compensation for other uses that may be made thereof. The proceeds from such tolls and compensation shall be first used to reimburse the City of Richmond and the Counties of Henrico and Chesterfield for any funds or expenditures made by each of them pursuant to contracts<\/span> or agreements authorized by § 33.2-2913<\/a> for which reimbursement has not been made, and then for the operation, maintenance<\/span>, improvement, expansion, or extension of such limited access highway<\/span> and to increase its utility and benefits and for the construction, reconstruction, maintenance<\/span>, and operation of other projects<\/span> or highways<\/span> connected with such limited access highway<\/span> or with the federal or state highway systems, and for such purpose the City of Richmond shall succeed to all the functions and shall have all the powers conferred on the Authority<\/span> by this chapter. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> If the Authority<\/span> constructs a limited access highway<\/span> project<\/span> partly within and partly without the corporate limits of the City of Richmond, any extension thereof shall be constructed or acquired only when approved by the unanimous vote of all members of the board<\/span> of directors or by a vote of three-fourths of the directors and approval by the City Council of the City of Richmond and the Boards<\/span> of Supervisors of the Counties of Henrico and Chesterfield. If the Authority<\/span> has issued bonds<\/span><\/span> for the purpose of constructing such project<\/span> or for the purpose of constructing or acquiring such extensions when all such bonds<\/span><\/span>, including any refunding bonds<\/span><\/span>, and the interest thereon have been paid or a sufficient amount of cash or United States government securities have been deposited and dedicated to the payment thereof in trust for the benefit of holders of such bonds<\/span><\/span>, all property, real and personal, acquired in connection with such project<\/span> or extension thereof not required to be transferred to the City of Richmond pursuant to subsection A shall be transferred by the Authority<\/span> to the political subdivisions in which such property is located at the time of such transfer at no cost to such political subdivisions in the event the subdivisions adopt a resolution accepting such property. If not accepted by such subdivisions within 30 days from the offer of the property by the Authority<\/span>, then the Authority<\/span> shall transfer such property to the Commonwealth Transportation Board<\/span>. If such property is accepted by the political subdivision where the property is located, the governing body of such subdivision shall have the power to fix, revise, charge, and collect tolls for transit over such limited access highway<\/span> project<\/span> or extension and as compensation for other uses that may be made thereof. The proceeds from such tolls and compensation shall be used first to reimburse the City of Richmond and the Counties of Henrico and Chesterfield for any funds or expenditures made by each of them pursuant to contracts<\/span> or agreements authorized by § 33.2-2913<\/a> for which reimbursement has not been made and then for the operation, maintenance<\/span>, improvement, expansion, or extension of such limited access highway<\/span> project<\/span> and to increase its utility and benefits and for the construction, reconstruction, maintenance<\/span>, and operation of other projects<\/span> or highways<\/span> connected with such limited access highway<\/span> or with the state or federal highway systems and for such purpose such political subdivisions shall succeed to all the functions and shall have all the powers conferred on the Authority<\/span> by this chapter with respect to such property. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nTRANSFER TO CITY OF RICHMOND (\u00a7 33.2-2916)\n\nA. If the City of Richmond has rendered financial assistance or contributed in\nany manner to the cost of construction of a limited access highway by the\nAuthority within or partly within and partly without the corporate limits of the\nCity of Richmond, and the Authority has issued bonds for the construction of\nsuch limited access highway, then, when all such bonds, including refunding\nbonds, and the interest thereon have been paid or a sufficient amount of cash or\nUnited States government securities have been deposited and dedicated to the\npayment of all such bonds and the interest to the maturity or redemption date\nthereof in trust for the benefit of the holders of such bonds, all property,\nreal and personal, acquired in connection with such limited access highway\nwithin the City of Richmond shall be transferred by the Authority to the City as\ncompensation to the City for the financial assistance rendered by the City to\nthe Authority in connection with the construction or acquisition of such limited\naccess highway. Such highway shall upon the acceptance thereof by the City\nbecome a part of the street or highway system of the City and shall thereafter\nbe maintained and operated as a limited access highway by the City. The\ngoverning body of the City of Richmond shall have the power to fix, revise,\ncharge, and collect tolls for transit over such limited access highway and as\ncompensation for other uses that may be made thereof. The proceeds from such\ntolls and compensation shall be first used to reimburse the City of Richmond and\nthe Counties of Henrico and Chesterfield for any funds or expenditures made by\neach of them pursuant to contracts or agreements authorized by § 33.2-2913\nfor which reimbursement has not been made, and then for the operation,\nmaintenance, improvement, expansion, or extension of such limited access highway\nand to increase its utility and benefits and for the construction,\nreconstruction, maintenance, and operation of other projects or highways\nconnected with such limited access highway or with the federal or state highway\nsystems, and for such purpose the City of Richmond shall succeed to all the\nfunctions and shall have all the powers conferred on the Authority by this\nchapter.\n\nB. If the Authority constructs a limited access highway project partly within\nand partly without the corporate limits of the City of Richmond, any extension\nthereof shall be constructed or acquired only when approved by the unanimous\nvote of all members of the board of directors or by a vote of three-fourths of\nthe directors and approval by the City Council of the City of Richmond and the\nBoards of Supervisors of the Counties of Henrico and Chesterfield. If the\nAuthority has issued bonds for the purpose of constructing such project or for\nthe purpose of constructing or acquiring such extensions when all such bonds,\nincluding any refunding bonds, and the interest thereon have been paid or a\nsufficient amount of cash or United States government securities have been\ndeposited and dedicated to the payment thereof in trust for the benefit of\nholders of such bonds, all property, real and personal, acquired in connection\nwith such project or extension thereof not required to be transferred to the\nCity of Richmond pursuant to subsection A shall be transferred by the Authority\nto the political subdivisions in which such property is located at the time of\nsuch transfer at no cost to such political subdivisions in the event the\nsubdivisions adopt a resolution accepting such property. If not accepted by such\nsubdivisions within 30 days from the offer of the property by the Authority,\nthen the Authority shall transfer such property to the Commonwealth\nTransportation Board. If such property is accepted by the political subdivision\nwhere the property is located, the governing body of such subdivision shall have\nthe power to fix, revise, charge, and collect tolls for transit over such\nlimited access highway project or extension and as compensation for other uses\nthat may be made thereof. The proceeds from such tolls and compensation shall be\nused first to reimburse the City of Richmond and the Counties of Henrico and\nChesterfield for any funds or expenditures made by each of them pursuant to\ncontracts or agreements authorized by § 33.2-2913 for which reimbursement\nhas not been made and then for the operation, maintenance, improvement,\nexpansion, or extension of such limited access highway project and to increase\nits utility and benefits and for the construction, reconstruction, maintenance,\nand operation of other projects or highways connected with such limited access\nhighway or with the state or federal highway systems and for such purpose such\npolitical subdivisions shall succeed to all the functions and shall have all the\npowers conferred on the Authority by this chapter with respect to such property.\n\nHISTORY: 2009, c. 471, \u00a7 15.2-7016; 2014, c. 805; 2015, c. 256.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}