                                 CODE OF VIRGINIA

POWERS GENERALLY (§ 15.2-2604)

Subject to the provisions of Articles 3 (§ 15.2-2632 et seq.) and 4 (§
15.2-2638 et seq.) of this chapter, any locality may:

1. Acquire, construct, reconstruct, improve, extend, enlarge, equip, maintain,
repair and operate any project which is located within or outside the locality;

2. Contract debts for any project, borrow money for any project, and issue its
bonds to pay all or any part of the cost of acquiring, constructing,
reconstructing, improving, extending, enlarging and equipping any project;

3. Refund any bonds previously issued by the locality or for which the locality
is responsible or may assume responsibility for payment;

4. Provide for the rights of the owners of bonds issued by the locality;

5. Secure bonds issued by the locality as permitted by law;

6. Issue bonds to create any self-insurance reserve fund;

7. Issue bonds to pay all or any part of the cost of satisfying a final judgment
imposed against the locality (including its local school board) by a court of
competent jurisdiction;

8. Acquire in the name of the locality, by purchase, gift or the exercise of the
power of eminent domain, land and rights and interests in land, including land
under water and riparian rights, and acquire personal property as the governing
body of the locality may deem necessary in connection with any project;

9. Enter on any land, water or premises located within or outside the locality
for the purpose of making surveys, borings, soundings or examinations in
connection with any project; any such entry shall not be deemed a trespass or an
entry under any eminent domain proceedings, but the locality shall make
reimbursement for any actual damages resulting from the entry;

10. Receive and accept from any federal or state agency grants for or in aid of
the construction of any project, and receive and accept aid or contributions
from any source of money, property, labor or other things of value, to be held,
used and applied for the purposes for which the aid or contributions may be
made; and comply with any conditions not inconsistent with the Constitution of
Virginia or provision of law imposed by any federal or state agency as a
prerequisite to obtaining any grant, including, but not limited to, the
execution of any required contracts or arrangements;

11. Employ consulting engineers, attorneys, accountants, construction and
financial experts, superintendents, managers, and other employees and agents as
may be necessary;

12. Acquire, hold and dispose of real and personal property in the exercise of
its powers and the performance of its duties under this chapter;

13. Enter into all contracts and agreements necessary or incidental to the
performance of its duties and the execution of its powers under this chapter;

14. Do all things necessary or convenient to carry out the powers expressly
given in this chapter and to carry out any project;

15. Assess, levy and collect unlimited ad valorem taxes on all property subject
to taxation to pay the principal of and premium, if any, and interest on any
bonds issued under the provisions of this chapter, subject to and in accordance
with the provisions of any ordinance, resolution, trust agreement, indenture or
other instrument providing for the issuance of the bonds; and

16. Fix and collect rates, rents, fees and other charges for the services and
facilities furnished by, or for the use of, or in connection with any
revenue-producing undertaking or undertakings, subject to and in accordance with
the provisions of any ordinance, resolution, trust agreement, indenture or other
instrument providing for the issuance of the bonds.

HISTORY: Code 1950, § 15-666.18; 1958, c. 640; 1962, c. 623, § 15.1-175; 1986,
cc. 379, 468; 1991, c. 668, § 15.1-227.7; 1994, cc. 432, 714; 1997, c. 587.