                                 CODE OF VIRGINIA

ABOLITION OF LOCAL TRANSPORTATION DISTRICTS (§ 15.2-4714)

A. Any district created under this chapter may be abolished by a resolution
passed by the local governing body upon the joint petition of the commission and
the owners of at least 51 percent of either the land area or assessed value of
land located within the district in the locality. The joint petition:

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

   2. May state that all obligations theretofore incurred by the district have
   been fully paid;

   3. May describe the benefits which can be expected from the abolition of the
   district; and

   4. Shall request the local governing body to abolish the district.

B. Upon receipt of such a petition, the governing body shall use the standards
and procedures described in subsections B and C of &#xA7; 15.2-4702, mutatis
mutandis; however, all interested persons who either reside on 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 governing body finds that the abolition of the district would be (i)
in accordance with the applicable 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 have been paid and the
purposes of the district either have been fulfilled or should not be fulfilled
by the district, or that the governing body, with the approval of the voters of
the locality, has agreed to assume the debts of the district, then the local
governing body shall pass a resolution abolishing the district and the district
advisory board. 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 locality.

HISTORY: 1997, c. 587.