An authority may agree to make such payments to the Commonwealth, a locality, or any political subdivision thereof, which payments such bodies are hereby authorized to accept, as the authority finds consistent with the purposes for which the authority has been created.
Code 1950, § 15-948; 1954, c. 645; 1962, c. 623, § 15.1-1331; 1997, c. 587.
Structure Code of Virginia
Title 15.2 - Counties, Cities and Towns
Chapter 63 - Authorities for Development of Former Federal Areas
§ 15.2-6300. Declaration of policy for authorities created by the Governor
§ 15.2-6300.1. Declaration of policy for authorities created by a locality
§ 15.2-6302. Establishment of development authorities
§ 15.2-6303. Authorities to file annual reports
§ 15.2-6304. Board of commissioners; appointment of director, agents and employees
§ 15.2-6305. Powers and duties of director
§ 15.2-6306. Principal and branch offices
§ 15.2-6308. Powers of authorities generally
§ 15.2-6308.1. Approval of Governor required
§ 15.2-6309. Two or more authorities may join or cooperate in exercising powers
§ 15.2-6310. Payments to Commonwealth or political subdivisions thereof
§ 15.2-6311. Authorities may borrow money, accept contributions, etc.
§ 15.2-6312. Authorities empowered to issue bonds; additional security; liability thereon
§ 15.2-6313. Bonds to be authorized by resolution of board; terms; sale; negotiability; validity
§ 15.2-6314.1. Applicability of the Virginia Personnel Act and the Virginia Public Procurement Act
§ 15.2-6315. Provisions for securing payment of bonds
§ 15.2-6316. Rights and remedies of obligees
§ 15.2-6317. Rents, fees and charges; disposition of revenues
§ 15.2-6318. Investment in bonds issued by authorities
§ 15.2-6319. Dissolution of authority
§ 15.2-6320. Powers conferred additional and supplemental; liberal construction