                                 CODE OF VIRGINIA

FISCAL POWERS OF GOVERNING BODY; MAY POLL LANDOWNERS ON QUESTION OF INCURRING
INDEBTEDNESS OR ISSUING BONDS (§ 10.1-628)

The governing body of any watershed improvement district shall have power,
subject to the conditions and limitations of this article, to incur
indebtedness, borrow funds, and issue bonds of such watershed improvement
district. The circuit court of the county or city in which any portion of the
watershed improvement district is located, upon the petition of a majority of
the members of the governing body of the watershed improvement district, shall
order a referendum at any time not less than thirty days from the date of such
order, which shall be designated therein, to determine whether the governing
body shall incur indebtedness or issue bonds for one or more of the purposes for
which the watershed improvement district was created.
		The referendum shall be conducted in the manner prescribed by this article for
the conduct of other referendums in the watershed improvement districts.

HISTORY: 1956, c. 668, §§ 21-112.14, 21-112.15; 1964, c. 512; 1988, c. 891;
1995, c. 654.