In the event that such an election is held and the proposed bond issue is not approved therein, or if approved and for any reason the bonds proposed to be issued by any such city or county cannot be sold upon terms which, in the opinion of the city council or other governing body, are reasonably advantageous to such city or county, then, upon motion of such city or county, the proceedings shall be dismissed and there shall be no obligation upon such city or county to take the property or pay the amount fixed by the report of the body determining just compensation, notwithstanding the fact that the council or other governing body may have filed the resolution of approval of the report of the body determining just compensation as provided by § 15.2-1908, nor shall the filing of any such resolution approving the award of the body determining just compensation be deemed to be a contract on the part of any such city or county to purchase or take the property sought to be condemned, or to render any such city or county liable in damages for failure to take same.
1938, p. 49; Michie Code 1942, § 4387a; Code 1950, § 25-53; 2003, c. 940.
Structure Code of Virginia
Title 15.2 - Counties, Cities and Towns
Chapter 19.1 - Acquisition of Waterworks Systems
§ 15.2-1908. Council or other governing body to file copy of resolution
§ 15.2-1909. Such resolution to contain statement as to issuance of bonds
§ 15.2-1910. Prerequisite to issuance and sale of bonds
§ 15.2-1911. Statement by defendant precludes appeal
§ 15.2-1912. Time for sale of bonds or payment fixed by court
§ 15.2-1913. Time for holding election if revenue bonds are to be issued
§ 15.2-1915. Proceedings dismissed on failure to pay compensation; judgment for fees and costs
§ 15.2-1916. Right to pay compensation into court and take possession and operate