Code of Virginia
Chapter 22 - Authorities
§ 2.2-2336. Short title; declaration of public purpose; Fort Monroe Authority created; successor in interest to Fort Monroe Federal Area Development Authority

A. This article shall be known and may be cited as the Fort Monroe Authority Act.
B. The General Assembly finds and declares that:
1. Fort Monroe, located on a barrier spit at Hampton Roads Harbor and the southern end of Chesapeake Bay where the Old Point Comfort lighthouse has been welcoming ships since 1802, is one of the Commonwealth's most important cultural treasures. Strategically located near Virginia's Historic Triangle of Williamsburg, Yorktown, and Jamestown, the 565-acre site has been designated a National Historic Landmark District;
2. As a result of decisions made by the federal Defense Base Closure and Realignment Commission (known as the BRAC Commission), Fort Monroe will cease to be an army base in 2011, and at that time most of the site will revert to the Commonwealth;
3. The planning phase of Fort Monroe's transition from use as a United States Army base was managed by the Fort Monroe Federal Area Development Authority (FMFADA), originally established by the City of Hampton pursuant to legislation enacted by the General Assembly in 2007. The Fort Monroe Federal Area Development Authority, a partnership between the City and the Commonwealth, has fulfilled its primary purpose of formulating a reuse plan for Fort Monroe;
4. It is the policy of the Commonwealth to protect the historic resources at Fort Monroe, provide public access to the Fort's historic resources and recreational opportunities, exercise exemplary stewardship of the Fort's natural resources, and maintain Fort Monroe in perpetuity as a place that is a desirable one in which to reside, do business, and visit, all in a way that is economically sustainable;
5. Fort Monroe's status is unique. Municipal services will need to be provided to Fort Monroe's visitors, residents, and businesses. Both the Commonwealth and the FMFADA are signatories to a Programmatic Agreement under Section 106 of the National Historic Preservation Act that requires several specific actions be taken, including the enforcement of design standards to be adopted by the FMFADA or its successor to govern any new development or building restoration or renovation at Fort Monroe. There exists a need for an entity that can manage the property for the Commonwealth and ensure adherence to the findings, declarations, and policies set forth in this section; and
6. The creation of an authority for this purpose is in the public interest, serves a public purpose, and will promote the health, safety, welfare, convenience, and prosperity of the people of the Commonwealth.
C. The Fort Monroe Authority is created, with the duties and powers set forth in this article, as a public body corporate and as a political subdivision of the Commonwealth. The Authority is constituted as a public instrumentality exercising public functions, and the exercise by the Authority of the duties and powers conferred by this article shall be deemed and held to be the performance of an essential governmental function of the Commonwealth. The exercise of the powers granted by this article and its public purpose shall be in all respects for the benefit of the inhabitants of the Commonwealth.
D. The Fort Monroe Authority is the successor in interest to that political subdivision formerly known as the Fort Monroe Federal Area Development Authority. As such, the Authority stands in the place and stead of, and assumes all rights and duties formerly of, the Fort Monroe Federal Area Development Authority, including but not limited to all leases, contracts, grants-in-aid, and all other agreements of whatsoever nature; holds title to all realty and personalty formerly held by the Fort Monroe Federal Area Development Authority; and may exercise all powers that might at any time past have been exercised by the Fort Monroe Federal Area Development Authority, including the powers and authorities of a Local Redevelopment Authority under the provisions of any and all applicable federal laws, including the Defense Base Closure and Realignment Act of 2005.
E. The Fort Monroe Authority shall be subject to the Virginia Public Procurement Act (§ 2.2-4300 et seq.) and the Board shall adopt procedures consistent with that Act to govern its procurement processes.
F. Employees of the Fort Monroe Authority shall be eligible for membership in the Virginia Retirement System and all of the health and related insurance and other benefits, including premium conversion and flexible benefits, available to state employees as provided by law.
G. The provisions of the Virginia Personnel Act (§ 2.2-2900 et seq.) shall not apply to the Fort Monroe Authority.
2011, c. 716; 2020, cc. 269, 800.

Structure Code of Virginia

Code of Virginia

Title 2.2 - Administration of Government

Chapter 22 - Authorities

§ 2.2-2200. Definitions

§ 2.2-2201. Short title; definitions

§ 2.2-2202. Declaration of public purpose; Virginia Commercial Space Flight Authority created

§ 2.2-2203. Board of directors; members and officers; Executive Director

§ 2.2-2203.1. Repealed

§ 2.2-2203.2. Strategic plan

§ 2.2-2203.3. Employees; employment; personnel rules

§ 2.2-2203.4. Trust for postemployment benefits authorized; administration

§ 2.2-2204. Powers of the Authority

§ 2.2-2205. Form, terms, execution and sale of bonds; use of proceeds; interim receipts or temporary bonds; lost or destroyed bonds; faith and credit of state and political subdivisions not pledged; expenses

§ 2.2-2206. Trust indenture or agreement securing bonds

§ 2.2-2207. Moneys received deemed trust funds

§ 2.2-2208. Proceedings by bondholder or trustee to enforce rights

§ 2.2-2209. Bonds made securities for investment and deposit

§ 2.2-2210. Refunding bonds; bonds for refunding and for costs of additional projects

§ 2.2-2211. Grants or loans of public or private funds

§ 2.2-2212. Moneys of Authority

§ 2.2-2213. Forms of accounts and records; audit; annual report

§ 2.2-2214. Exemption from taxes or assessments

§ 2.2-2215. Powers not restrictive; exemptions from Public Procurement Act and the Virginia Personnel Act

§ 2.2-2216. Appropriations by any government

§ 2.2-2217. Conveyance, lease or transfer of property by a city or county to the Authority

§ 2.2-2218. Repealed

§ 2.2-2220. Repealed

§ 2.2-2220.1. Repealed

§ 2.2-2221.2. Repealed

§ 2.2-2222. Repealed

§ 2.2-2233.2. Repealed

§ 2.2-2234. Short title; declaration of public purpose; Authority created

§ 2.2-2235. Repealed

§ 2.2-2235.1. Board of directors; members and officers; Chief Executive Officer

§ 2.2-2236. Powers and duties of the Chief Executive Officer

§ 2.2-2236.1. Internal auditor; duties

§ 2.2-2237. Powers of Authority

§ 2.2-2237.1. Board of directors to develop strategic plan for economic development; marketing plan; operational plan; submission

§ 2.2-2237.2. Office of the Attorney General to provide instruction to Board

§ 2.2-2237.3. Division of Incentives

§ 2.2-2238. Economic development services

§ 2.2-2238.1. Repealed

§ 2.2-2239. Planning and research

§ 2.2-2239.1. Advisory Committee on Business Development and Marketing

§ 2.2-2239.2. Advisory Committee on International Trade

§ 2.2-2240. Nonstock corporation to assist economic development

§ 2.2-2240.1. Grants paid to the Authority to promote research, development, and commercialization of products

§ 2.2-2240.2. Repealed

§ 2.2-2240.2:1. Virginia Business Ready Sites Program Fund

§ 2.2-2240.3. Definitions; Virginia Jobs Investment Program and Fund; composition; general qualifications

§ 2.2-2240.4. Virginia New Jobs Program

§ 2.2-2240.5. Workforce Retraining Program

§ 2.2-2240.6. Small Business New Jobs and Retraining Programs

§ 2.2-2241. Moneys of Authority

§ 2.2-2242. Forms of accounts and records

§ 2.2-2243. Exemptions from taxes or assessments

§ 2.2-2244. Exemption of Authority from personnel and procurement procedures

§ 2.2-2245. Appropriations by any government

§ 2.2-2246. Conveyance, lease or transfer of property by a city or county to the Authority

§ 2.2-2247. Repealed

§ 2.2-2260. Short title; definition

§ 2.2-2261. Virginia Public Building Authority created; purpose; membership; terms; expenses; staff

§ 2.2-2262. Board of directors

§ 2.2-2263. Powers and duties of Authority; limitations

§ 2.2-2264. Revenue bonds generally

§ 2.2-2265. Trust agreement securing bonds

§ 2.2-2266. Rents, fees and charges for financing or refinancing, services or use of facilities; use and disposition of revenues

§ 2.2-2267. Moneys received deemed trust funds

§ 2.2-2268. Proceedings by bondholder or trustee to enforce rights

§ 2.2-2269. Bonds made securities for investment and deposit

§ 2.2-2270. Revenue refunding bonds; bonds for refunding and for cost of additional projects

§ 2.2-2271. Grants or loans of public or private funds

§ 2.2-2272. Moneys of Authority; audit

§ 2.2-2273. Contracts, leases and other arrangements

§ 2.2-2274. Resolutions, rules and regulations, etc.

§ 2.2-2275. Competition in award of contracts; contractors to give surety; terms of contracts

§ 2.2-2276. Eminent domain; right of entry

§ 2.2-2277. Jurisdiction of suits against Authority; service of process

§ 2.2-2278. Exemption from taxes or assessments

§ 2.2-2279. Short title; definitions

§ 2.2-2280. Declaration of public purpose; Authority created

§ 2.2-2281. Construction of article

§ 2.2-2282. Board of directors; membership; terms, compensation and expenses; chairman, vice-chairman, secretary and treasurer; quorum; staff

§ 2.2-2283. Meetings of the Board

§ 2.2-2284. Executive Director; appointment; duties

§ 2.2-2285. Powers of the Authority

§ 2.2-2286. Power to condemn

§ 2.2-2287. Power to borrow money and issue bonds

§ 2.2-2288. Power to issue bonds to purchase ninety percent guaranteed portion of loans

§ 2.2-2289. Power to issue umbrella bonds

§ 2.2-2290. Insurance or guarantee fund

§ 2.2-2291. Security for bonds; fees and expenses; limitations

§ 2.2-2292. Public hearing and approval

§ 2.2-2293. Loans to lenders; conditions

§ 2.2-2294. Investment in, purchase or assignment of loans; conditions

§ 2.2-2295. Regulations of the Authority

§ 2.2-2296. How bonds paid and secured

§ 2.2-2297. Liability of Commonwealth, political subdivisions and members of Board

§ 2.2-2298. Authorization of bonds by resolution; contents of bond sale; manner

§ 2.2-2299. Resolution authorizing issuance of bonds; provisions

§ 2.2-2300. Pledge by Authority

§ 2.2-2301. Purchase of bonds of Authority

§ 2.2-2302. Bonds secured by indenture; contents; expenses; how treated

§ 2.2-2303. Signatures of prior members or officers; validity

§ 2.2-2304. Deposit of money; expenditures; security for deposits

§ 2.2-2305. Contracts with holders of bonds; how money secured

§ 2.2-2306. Bondholder protection

§ 2.2-2307. Bonds as legal investments and securities

§ 2.2-2308. Expenses of Authority; liability of Commonwealth or political subdivision prohibited

§ 2.2-2309. Creation, administration, and management of Virginia Export Fund

§ 2.2-2310. Creation, administration, and management of Virginia Small Business Growth Fund

§ 2.2-2311. Repealed

§ 2.2-2311.1. Creation, administration, and management of the Small, Women-owned, and Minority-owned Business Loan Fund

§ 2.2-2312. Annual report; audit

§ 2.2-2312.1. Risk-based review of outstanding loans; report

§ 2.2-2313. Exemption from taxation

§ 2.2-2314. Administrative Process Act not applicable

§ 2.2-2315. Short title; declaration of public purpose; Authority created

§ 2.2-2316. Executive Director; Board of Directors; members and officers

§ 2.2-2317. Appointment and duties of Executive Director

§ 2.2-2318. Powers of Authority

§ 2.2-2319. Cooperative Marketing Fund

§ 2.2-2320. Governor's Motion Picture Opportunity Fund

§ 2.2-2320.1. Governor's New Airline Service Incentive Fund

§ 2.2-2320.2. Tourism promotion grants

§ 2.2-2321. Grants from Commonwealth

§ 2.2-2322. Deposit of money; expenditures; security for deposits

§ 2.2-2323. Forms of accounts and records; annual reports; audit

§ 2.2-2324. Exemption from taxation

§ 2.2-2325. Exemptions from personnel and procurement procedures

§ 2.2-2326. Sovereign immunity

§ 2.2-2327. Liberal construction of article

§ 2.2-2328. Repealed

§ 2.2-2336. Short title; declaration of public purpose; Fort Monroe Authority created; successor in interest to Fort Monroe Federal Area Development Authority

§ 2.2-2337. Definitions

§ 2.2-2338. Board of Trustees; membership

§ 2.2-2339. (Effective until date pursuant to Va. Const., Art. IV, § 13) Duties of the Authority

§ 2.2-2339. (Effective pursuant to Va. Const., Art. IV, § 13) Duties of the Authority

§ 2.2-2339.1. Fort Monroe Master Plan; approval by Governor

§ 2.2-2340. Additional declaration of policy; powers of the Authority; penalty

§ 2.2-2341. Relationship to the City of Hampton

§ 2.2-2341.1. Control over the use of certain vehicles

§ 2.2-2342. Payments to Commonwealth or political subdivisions thereof; payments to the City of Hampton

§ 2.2-2343. Authority may borrow money, accept contributions, etc.

§ 2.2-2344. Authority empowered to issue bonds; additional security; liability thereon

§ 2.2-2345. Powers and duties of executive director

§ 2.2-2346. Legal services

§ 2.2-2347. Exemption from taxation

§ 2.2-2348. Rents, fees, and charges; disposition of revenues

§ 2.2-2348.1. Ratification of the ownership of certain lands in the City of Hampton known as Fort Monroe; ownership and operation of utilities

§ 2.2-2349. Powers conferred additional and supplemental; liberal construction

§ 2.2-2349.1. Chapter controlling over inconsistent laws

§ 2.2-2350. Sovereign immunity

§ 2.2-2351. Short title; declaration of public purpose

§ 2.2-2352. Definitions

§ 2.2-2353. Board of directors; members; president

§ 2.2-2354. Powers and duties of the president

§ 2.2-2355. Powers of the Authority

§ 2.2-2356. Designation of staff of not-for-profit entity

§ 2.2-2357. Division of Entrepreneurial Ecosystems

§ 2.2-2358. Division of Investment

§ 2.2-2359. Division of Commercialization

§ 2.2-2360. Virginia Innovation Index

§ 2.2-2361. Grants or loans of public or private funds

§ 2.2-2362. Moneys of Authority; examination of books by the Auditor of Public Accounts

§ 2.2-2363. Exemption from taxes or assessments

§ 2.2-2364. Exemption of Authority from personnel and procurement procedures

§ 2.2-2365. Definitions

§ 2.2-2366. Opioid Abatement Authority established

§ 2.2-2367. Board of directors; members

§ 2.2-2368. Duties of the Authority

§ 2.2-2369. Powers of the Authority

§ 2.2-2370. Conditions and restrictions on financial assistance

§ 2.2-2371. Cooperation with other agencies

§ 2.2-2372. Form and audit of accounts and records

§ 2.2-2373. Annual report

§ 2.2-2374. Opioid Abatement Fund

§ 2.2-2375. Exemption from taxes or assessments

§ 2.2-2376. Exemption of Authority from personnel and procurement procedures