                                 CODE OF VIRGINIA

RATES AND CHARGES (§ 33.2-2904)

Whenever the Authority has constructed or otherwise acquired Authority
facilities and has issued bonds for such purpose, the Authority shall fix,
revise, charge, and collect fees, tolls, rents, rates, and other charges for the
use of such facilities and the different parts or sections thereof, sufficient,
together with any other moneys made available and used for that purpose, to pay
the principal of and interest on such bonds, together with reserves for such
purposes, and to maintain and operate such facilities and to keep the same in
good condition and repair. Such fees, tolls, rents, rates, and other charges
shall not be subject to supervision or regulation by any commission, board,
bureau, or agency of the Commonwealth or of any municipality, county, or other
political subdivision of the Commonwealth, and all revenues, when collected, and
the proceeds from the sale of revenue bonds, shall be held by the Authority in
trust for the benefit of the holders of bonds of the Authority issued for the
construction or acquisition of Authority facilities and for properly
maintaining, operating, and repairing the Authority facilities.
		Revenue bonds issued under the provisions of this chapter shall not be deemed
to constitute a debt of the Commonwealth, the City of Richmond, the County of
Henrico, or the County of Chesterfield or a pledge of the full faith and credit
of the Commonwealth, the City of Richmond, the County of Henrico, or the County
of Chesterfield and shall be payable solely from the funds provided therefor
from revenues.

HISTORY: 2009, c. 471, § 15.2-7004; 2014, c. 805.