                                 CODE OF VIRGINIA

APPROPRIATION BY POLITICAL SUBDIVISION (§ 15.2-6619)

Any participating political subdivision, or other political subdivision of the
Commonwealth, is authorized to provide services, to donate real or personal
property and to make appropriations to the Authority for the acquisition,
construction, maintenance, and operation of the Authority&#8217;s facilities.
Any such political subdivision is hereby authorized to issue its bonds,
including general obligation bonds, in the manner provided in the Public Finance
Act (§ 15.2-2600 et seq.) or in any applicable municipal charter for the
purpose of providing funds to be appropriated to the Authority, and such
political subdivisions may enter into contracts obligating such bond proceeds to
the Authority.
		The Authority may agree to assume, or reimburse a participating political
subdivision for any indebtedness incurred by, such participating political
subdivision with respect to facilities conveyed by it to the Authority.

HISTORY: 2002, c. 766.