                                 CODE OF VIRGINIA

CONSOLIDATION OF TWO OR MORE HOUSING AUTHORITIES WITHIN SAME CITY (§ 36-47.2)

If the governing body of any city having two or more separate housing
authorities created pursuant to this title shall, by resolution, declare it
necessary and in the public interest to consolidate such authorities, or abolish
the same and create a single or consolidated housing authority, then such new
housing authority shall thereupon be created (with such corporate name as may be
selected), and it shall exercise its public and corporate powers, and such other
functions within such city pursuant to the provisions of this chapter, including
the power to undertake projects applicable to housing authorities created for
cities or counties. The governing body of any such city shall have the authority
to terminate any one or more of such authorities and continue any other single
authority, as a consolidated authority in which case any terminated authority
shall cease to exist except for the purpose of winding up its affairs and
executing the necessary documents for the transfer of its respective assets and
liabilities, if any, to the new consolidated or surviving authority. If a new or
consolidated authority is created, its membership shall be composed of seven
commissioners, five of whom shall be the commissioners presently serving under
existing law under any authority created within such city, and two of whom shall
be commissioners selected from the other authority or the authority that is
terminated. Each such commissioner shall continue to serve for the term for
which he was appointed or until his successor has been appointed and has
qualified.

HISTORY: 1972, c. 124.