                                 CODE OF VIRGINIA

UNIFIED WATER SUPPLY AND SEWERAGE SYSTEMS FOR COUNTIES AND SANITARY DISTRICTS;
POWER OF COUNTY GOVERNING BODY TO FIX RATES; APPLICATION OF PUBLIC FINANCE ACT
(§ 21-118.5)

Whenever the board of supervisors of any county, as the governing board of such
county, shall enter into, or has heretofore entered into, an agreement with one
or more sanitary districts located within such county whereby the county has
agreed to connect, operate, maintain, alter, improve, add to and extend within
and without the territory of such sanitary district or districts the water
supply or sewerage systems, or the water supply and sewerage systems, of such
county and such district or districts, or the water supply or sewerage systems,
or the water supply and sewerage systems, of two or more such sanitary
districts, in the manner of and as a unified single water supply or sewerage
system, or a unified single water supply and sewerage system, each of which is
hereinafter referred to in this chapter as a &#8220;unified system,&#8221; then,
notwithstanding the provisions of the first sentence of § 21-118.4 (e), such
board of supervisors is empowered to fix and prescribe the rate of charge for
the use of such unified system with a view to the needs of such unified system
as a whole. Such unified system shall constitute a &#8220;project&#8221; and a
&#8220;revenue producing undertaking&#8221; for the purposes of and as defined
in the Public Finance Act, Chapter 26 (§ 15.2-2600 et seq.) of Title 15.2. Such
county in respect of such project and revenue producing undertaking shall have
all the powers granted to counties by the Public Finance Act. Water and sewer
connection fees established by any county, city, town or sanitary district shall
be fair and reasonable. Such fees shall be reviewed by the county, city, town or
sanitary district periodically and shall be adjusted, if necessary, to assure
that they continue to be fair and reasonable. Nothing herein shall affect
existing contracts with bondholders which are in conflict with any of the
foregoing provisions.

HISTORY: 1972, c. 221; 1997, c. 12.