                                 CODE OF VIRGINIA

CREATION OF ABANDONED SCHOOL REVITALIZATION ZONES (§ 15.2-941.1)

A. Any locality may establish by ordinance one or more abandoned school
revitalization zones for the purpose of providing incentives to private entities
to purchase or develop real property or to assemble parcels suitable for
economic development that include an abandoned school site. Each locality
establishing an abandoned school revitalization zone may grant incentives and
provide regulatory flexibility.

B. The incentives provided for in this section may include, but shall not be
limited to, (i) reduction of permit fees, (ii) reduction of user fees, (iii)
reduction of any type of gross receipts tax or any other type of local tax as
permitted by state law, and (iv) waiver of tax liens to facilitate the sale of
property, if deemed appropriate.

C. Incentives established pursuant to this section may extend for a period of up
to 10 years from the date of initial establishment of the abandoned school
revitalization zone; however, the extent and duration of any incentive shall
conform to the requirements of applicable federal and state law.

D. The regulatory flexibility provided in an abandoned school revitalization
zone may include (i) special zoning for the district; (ii) the use of a special
permit process; (iii) exemption from certain specified ordinances, excluding
ordinances or provisions of ordinances adopted pursuant to the requirements of
the Erosion and Sediment Control Law (&#xA7; 62.1-44.15:51 et seq.) and the
Virginia Stormwater Management Act (&#xA7; 62.1-44.15:24 et seq.); and (iv) any
other incentives adopted by ordinance, which shall be binding upon the locality
for a period of up to 10 years.

E. The governing body may establish a service district for the provision of
additional public services pursuant to Chapter 24 (&#xA7; 15.2-2400 et seq.).

F. A school located in an abandoned school revitalization zone shall be eligible
for participation in the Virginia Shell Building Initiative pursuant to &#xA7;
15.2-941.

G. This section shall not authorize any local government powers that are not
expressly granted herein.

H. Prior to adopting or amending any ordinance pursuant to this section, a
locality shall provide for notice and public hearing in accordance with
subsection A of &#xA7; 15.2-2204.

HISTORY: 2018, cc. 498, 499.