                                 CODE OF VIRGINIA

EFFECT AND SUFFICIENCY OF RESOLUTION DECLARING NEED (§ 15.2-5306)

In any suit, action or proceeding involving the validity or enforcement of or
relating to any contract of the authority, the authority shall be conclusively
deemed to have become established and authorized to transact business and
exercise its powers hereunder upon proof of the adoption of a resolution of the
governing body declaring the need for the authority. Such resolution shall be
deemed sufficient if it declares that there is such need for an authority and
finds in substantially the foregoing terms (no further detail being necessary)
that either or both of the conditions enumerated in § 15.2-5305 exist in the
city. A copy of such resolution duly certified by the clerk shall be admissible
in evidence in any suit, action or proceeding.

HISTORY: Code 1950, § 32-219; 1979, c. 719, § 15.1-1539; 1997, c. 587.