Code of Virginia
Chapter 53 - Hospital Authorities
§ 15.2-5358. Fees, rents and charges for use of project and facilities; sinking fund

The authority is hereby authorized to fix, revise, charge and collect fees, rents and other charges for the use of any project and the facilities thereof. Such fees, rents and other charges shall be so fixed and adjusted as to provide, together with other revenues determined by the authority to be available, a fund sufficient to pay the cost of maintaining, repairing and operating the project, the principal of and interest on such bonds as they become due and payable and the amounts necessary to create and maintain reserves for such purposes and for other purposes of the authority. Such fees, rents and charges shall not be subject to supervision or regulation by any locality or by any commission, board, bureau or agency of any of the foregoing. The authority may provide in the resolution authorizing the issuance of such bonds, or in the trust indenture securing the same, for setting aside any part or all of the fees, rents and other charges received by it in a sinking or other similar fund which is hereby pledged to, and charged with, the payment of the principal of and the interest on such bonds, as they become due, and the redemption price or the purchase price of such bonds retired by call or purchase as therein provided. Such pledge shall be valid and binding from the time when the pledge is made. The fees, rents and charges so pledged and thereafter received by the authority shall immediately be subject to the lien of such pledge without any physical delivery thereof or further act, and the lien of any such pledge shall be valid and binding as against all parties having claims of any kind in tort, contract or otherwise against the authority, irrespective of whether such parties have notice thereof. Neither the resolution nor trust indenture need be filed or recorded except in the records of the authority. The use and disposition of moneys to the credit of a sinking or other similar fund shall be subject to the provisions of such resolution or trust indenture. Except as may otherwise be provided in such resolution or trust indenture, the sinking or other similar fund shall be a fund for all such bonds without distinction or priority of one over another.
Code 1950, § 32-271.2; 1973, c. 462, § 15.1-1593; 1979, c. 719; 1997, c. 587.

Structure Code of Virginia

Code of Virginia

Title 15.2 - Counties, Cities and Towns

Chapter 53 - Hospital Authorities

§ 15.2-5300. Finding and declaration of necessity

§ 15.2-5301. Definitions

§ 15.2-5302. Creation of hospital authorities

§ 15.2-5303. Not to function until council declares need

§ 15.2-5304. How need determined

§ 15.2-5305. What constitutes need

§ 15.2-5306. Effect and sufficiency of resolution declaring need

§ 15.2-5307. Appointment, qualifications, tenure and compensation of commissioners

§ 15.2-5308. Officers and agents

§ 15.2-5309. Effect of inclusion of existing hospital

§ 15.2-5310. Authority and commissioners must comply with law and contracts

§ 15.2-5311. Removal of commissioner on charges of mayor

§ 15.2-5312. Removal of commissioner on charges of obligee

§ 15.2-5313. Service on commissioner by mail

§ 15.2-5314. When commissioner deemed to have acquiesced in violation

§ 15.2-5315. Record of removal proceedings

§ 15.2-5316. Removed commissioner may appeal

§ 15.2-5317. Planning and zoning laws

§ 15.2-5318. Reports

§ 15.2-5319. Appropriations by city

§ 15.2-5320. Conveyance, lease or transfers of property by city to authority

§ 15.2-5321. Chapter controlling

§ 15.2-5322. In general

§ 15.2-5323. Study and investigation concerning plan

§ 15.2-5324. Preparation and operation of hospital projects; facilities relating to health care; additional powers

§ 15.2-5325. Clinics and instruction programs

§ 15.2-5326. Physicians and employees

§ 15.2-5327. Powers of nonstock corporations

§ 15.2-5328. Bylaws and rules and regulations

§ 15.2-5329. Committees

§ 15.2-5330. Construction, repair and management

§ 15.2-5331. Donations

§ 15.2-5332. Regulating practice and nursing in hospital

§ 15.2-5333. Rules as to patients

§ 15.2-5334. Purchases or leases of hospital projects

§ 15.2-5335. Acting with federal government

§ 15.2-5336. Cooperation with subdivision of Commonwealth

§ 15.2-5337. Purchase or lease of property; sale of property

§ 15.2-5338. Owning property

§ 15.2-5339. Borrowing money

§ 15.2-5340. Contracts

§ 15.2-5340.1. Joint ventures; subsidiaries; investments

§ 15.2-5340.2. Insurance

§ 15.2-5341. Rules and regulations not to be inconsistent

§ 15.2-5342. Incidental powers

§ 15.2-5343. Eminent domain

§ 15.2-5344. Contracts with federal government

§ 15.2-5345. Security for funds deposited by authorities; deposit in certain savings accounts, etc., authorized

§ 15.2-5346. Authority to issue

§ 15.2-5347. How payable

§ 15.2-5348. Commissioners not liable

§ 15.2-5349. Bond indebtedness

§ 15.2-5350. Form

§ 15.2-5351. Sale

§ 15.2-5352. Interim certificates

§ 15.2-5353. Signature of former officers

§ 15.2-5354. Purchase by authority

§ 15.2-5355. Negotiability

§ 15.2-5356. Provisions of bonds and trust indentures

§ 15.2-5357. Further provisions as to trust indenture or bond resolution; security required of depository of proceeds of bonds

§ 15.2-5358. Fees, rents and charges for use of project and facilities; sinking fund

§ 15.2-5359. Moneys received deemed trust funds

§ 15.2-5360. Protection and enforcement of rights and duties under chapter

§ 15.2-5361. Exemption from taxation

§ 15.2-5362. Bonds legal investments; deposit with public agencies

§ 15.2-5363. Chapter supplemental; application of other laws; consent of local governing bodies or other agencies not required

§ 15.2-5364. Liberal construction

§ 15.2-5365. Proceedings for dissolution

§ 15.2-5366. When powers and duties cease to exist

§ 15.2-5367. Appeal