As used in this chapter the following words have the meanings indicated:
"Authority" means any regional facility authority organized and existing pursuant to this chapter.
"Board" means the board of directors of an authority.
"Facility" means any structure or park, including real estate and improvements as applicable, for manufacturing, warehousing, distribution, office, or other industrial, residential, recreational or commercial purposes. A facility specifically includes structures or parks that are not owned by an authority or its member localities, but are subject to a cooperative arrangement pursuant to subdivision 13 of § 15.2-6405.
"Governing bodies" means the boards of supervisors of counties and the councils of cities and towns which are members of an authority.
"Member localities" means the counties, cities, and towns, or combination thereof, which are members of an authority.
"Region" means the area within the boundaries of the member localities.
1997, cc. 276, 587, § 15.1-1710; 1999, cc. 540, 804, 820, 837, 882; 2000, cc. 892, 915, 960, 965; 2001, cc. 391, 404; 2003, c. 874; 2004, cc. 603, 640; 2007, cc. 941, 947; 2009, c. 616.
Structure Code of Virginia
Title 15.2 - Counties, Cities and Towns
Chapter 64 - Virginia Regional Industrial Facilities Act
§ 15.2-6401. Findings; purpose; governmental functions
§ 15.2-6402. Procedure for creation of authorities
§ 15.2-6403. Board of the authority
§ 15.2-6404. Office of authority; title to property
§ 15.2-6405. Powers of the authority
§ 15.2-6406. Donations to authority; remittance of tax revenue
§ 15.2-6407. Revenue sharing agreements
§ 15.2-6408. Applicability of land use regulations
§ 15.2-6409. Bond issues; contesting validity of bonds
§ 15.2-6410. Investments in bonds
§ 15.2-6411. Bonds exempt from taxation
§ 15.2-6412. Tax revenues of the Commonwealth or any other political subdivision not pledged
§ 15.2-6413. Forms of accounts and records; audit of same