                                 CODE OF VIRGINIA

ABOLITION OF DISTRICT (§ 15.2-4813)

A. Any district created hereunder may be abolished by a resolution passed by the
board of supervisors upon the petition of the owners of at least 51 percent of
either the assessed value of land or land area, as the case may be, of real
property in the district that (i) was unimproved on the date the district was
created or (ii) was zoned for commercial and industrial use or used for such
purposes located within the district at the time the petition for abolition is
filed. The petition shall request the board of supervisors to abolish the
district. The petition may also:

   1. State whether the purposes for which the district was formed have been
   substantially achieved;

   2. State whether all obligations theretofore incurred by the district have
   been fully paid; and

   3. Describe the benefits that can be expected from the abolition of the
   district.

B. Upon receipt of such a petition, the board of supervisors shall use, mutatis
mutandis, the standards and procedures described in &#xA7; 15.2-4802, except
that all interested persons who either reside in or who own real property within
the boundaries of the district shall have the right to appear and show cause why
the district should not be abolished.

C. If the board of supervisors finds that the abolition of the district would be
(i) in accordance with the applicable county comprehensive plan for the
development of the area, (ii) in the best interests of the residents and owners
of the property within the district, and (iii) in furtherance of the public
health, safety, and general welfare and that all debts of the district either
have been paid and the purposes of the district have been fulfilled or should
not be fulfilled by the district, or that the board of supervisors, with
approval of the voters of the county, has agreed to assume the debts of the
district, then the board of supervisors shall pass a resolution abolishing the
district. Upon abolition of the district, the title to all funds and properties
owned by the district at the time of such dissolution shall vest in the
Commonwealth.

D. Where unimproved property, regardless of zoning, is included in the
resolution dissolving the district, the board of supervisors, upon approving the
resolution, shall direct that a copy of the resolution be recorded in the land
records of the circuit court for the judicial circuit in which that county is
located, for each parcel of unimproved real property included in the district.
For purposes of this section, &#8220;parcel&#8221; means tax map parcel.

HISTORY: 1997, c. 587.