The board may appoint an executive director, who shall be authorized to employ such staff as necessary to enable the land bank entity to perform its duties as set forth in the Act. The board is authorized to determine the duties of such staff and to fix salaries and compensation from such funds as may be received or appropriated.
The land bank entity may enter into contracts and agreements with a locality for staffing services to be provided to the land bank entity.
2016, cc. 159, 383.
Structure Code of Virginia
Title 15.2 - Counties, Cities and Towns
Chapter 75 - Land Bank Entities Act
§ 15.2-7501. Creation of land bank entities by localities
§ 15.2-7502. Public hearing required prior to creation or designation of a land bank entity
§ 15.2-7503. Board of directors; qualifications; terms; vacancies; compensation and expenses
§ 15.2-7504. Executive director; staff
§ 15.2-7505. Financial interests of board members and employees prohibited
§ 15.2-7506. Powers of land bank entity
§ 15.2-7507. Acquisition of property
§ 15.2-7508. Disposition of property
§ 15.2-7509. Financing of operations
§ 15.2-7510. Exemption from taxes or assessments