If a town becomes a city under this chapter, the city shall assume and provide for the reimbursement of the county of a just and reasonable proportion of any county debt existing at the date the town becomes a city, including any debt existing on any school district of which the town was a part.
The city council and the board of supervisors shall make an equitable adjustment of such debts. In making such adjustment the parties shall consider (i) the city's just proportion of money collected by the county treasurer under § 15.2-3828 and of any unexpended balance in the county treasury belonging to any fund to which the territory embraced in the city has contributed and (ii) all other equitable claims of the city, county and district. If the parties fail to make such adjustment, either party may proceed against the other by a bill in equity in the circuit court for the county in which the former town lies for a proper adjustment of such matter.
Code 1950, §§ 15-102, 15-103; 1962, c. 623, §§ 15.1-1003, 15.1-1004; 1980, c. 559; 1997, c. 587.
Structure Code of Virginia
Title 15.2 - Counties, Cities and Towns
Chapter 38 - Transition of Towns to Cities
§ 15.2-3800. Ordinance petitioning court for city status; appointment of special court
§ 15.2-3802. Town and county agreement concerning proposed city
§ 15.2-3803. Notice of motion; service and publication; answer or other pleading
§ 15.2-3805. Time limit for intervenors; publication of order
§ 15.2-3806. Pretrial conference; matters considered
§ 15.2-3807. Hearing and decision by court
§ 15.2-3808. Assistance of state agencies
§ 15.2-3810. Declining of grant of city status
§ 15.2-3811. Proceeding final for three years
§ 15.2-3812. Effect when town becomes city
§ 15.2-3813. Town liabilities and assets
§ 15.2-3814. Mayor of town to continue in office
§ 15.2-3815. Council of town to continue in office; additional members
§ 15.2-3816. Town treasurer to continue in office; appointment where town had no treasurer
§ 15.2-3818. Town sergeant to continue in office
§ 15.2-3819. Election and terms of office of mayor and councilmen after town becomes city
§ 15.2-3820. Election and terms of other city officers
§ 15.2-3821. Qualification of officers; vacancies
§ 15.2-3822. Sharing of offices; transfer of jurisdiction
§ 15.2-3823. Tenure and reelection of county officer whose homesite becomes part of city
§ 15.2-3827. Transfer of assessments to city books
§ 15.2-3829. Assumption of debt; adjustment
§ 15.2-3830. Certain costs and expenses to be apportioned between city and county
§ 15.2-3831. Registrars and their duties
§ 15.2-3832. Authority to city to provide by condemnation, etc., water, light, power and fuel
§ 15.2-3833. Chapter not applicable to cities already existing
§ 15.2-3834. Congressional, etc., districts and judicial circuit not changed