                                 CODE OF VIRGINIA

ADDITIONAL POWERS OF PLANNING DISTRICT COMMISSIONS (§ 15.2-4206)

Planning district commissions may, in addition to and not in limitation of all
other powers granted by this chapter:

1. Acquire, lease, sell, exchange, donate and convey its projects, property or
facilities in furtherance of the purposes of planning district commissions as
set forth in this chapter;

2. Issue its bonds, notes or other evidences of indebtedness, whether payable
solely out of the revenues and receipts derived or to be derived from the
leasing, sale or other disposition or use of such projects, property or
facilities or otherwise, for the purpose of carrying out any of its powers or
purposes set forth in this chapter; and

3. As security for the payment of the principal of and premium, if any, and
interest on any such bonds, notes or other evidences of indebtedness, mortgage
and pledge its projects, property or facilities or any part or parts thereof and
pledge the revenues therefrom or from any part thereof.

HISTORY: 1989, c. 178, § 15.1-1404.1; 1995, cc. 732, 796; 1997, c. 587.