If the governing body of any county or city determines after a public hearing that the need for a housing project has ceased to exist and that such project should be liquidated it shall so notify the housing authority which shall proceed to liquidate the project following public advertisement of the sale thereof. Provided that no bid on such project shall be accepted which would result in a sum insufficient to meet the outstanding obligations of the authority with respect to such project and provided further that if the authority finds that the highest offered price is not as much as what it considers a fair value for the property, the authority shall notify the governing body of this fact. After such notification no further proceedings shall be had in the liquidation of the property except at the specific direction of the governing body.
1958, c. 83.
Structure Code of Virginia
Chapter 1 - Housing Authorities Law
§ 36-2. Findings and declaration of necessity
§ 36-4. Creation of redevelopment and housing authorities
§ 36-4.1. Holding of referendum; effect
§ 36-6. Cooperation in undertaking housing projects
§ 36-7. Loans and donations to housing authority
§ 36-7.1. Liquidation of housing project
§ 36-7.2. Notice of intent to demolish, liquidate, or otherwise dispose of housing projects
§ 36-8. Supplemental nature of chapter
§ 36-9.1. Exemptions from applicability of this chapter; conflicts in provisions of law
§ 36-11. Appointment and tenure of commissioners; compensation
§ 36-11.1. Compensation of commissioners in certain counties
§ 36-11.1:1. Compensation of commissioners generally
§ 36-11.2. Appointment of commissioners in certain cities
§ 36-12. Powers vested in commissioners; quorum
§ 36-13. Selection of chairman and other officers, agents and employees
§ 36-15. Delegation of authority
§ 36-17. Removal of commissioners
§ 36-18. Meetings and residence of commissioners
§ 36-19. Enumeration of powers
§ 36-19.1. Special provisions; City of Roanoke
§ 36-20. Housing research and studies
§ 36-21. Housing projects not to be operated for profit
§ 36-22. Rentals and tenant selection
§ 36-22.1. Conveyance of streets; no trespass policy
§ 36-23. Housing authority operations in other municipalities
§ 36-24. Cooperation of authorities
§ 36-25. Payments by housing authorities to other bodies
§ 36-26. Aid from federal government
§ 36-27.01. Plan for alternative housing of persons displaced by condemnation, conversion, etc.
§ 36-27.1. Damages to leasehold interests in the City of Waynesboro
§ 36-27.2. Limitations on certain housing authorities; exception
§ 36-28. Planning, zoning and building laws
§ 36-29. Power to issue bonds; liability in general
§ 36-30. Form and sale of bonds; presumption of validity
§ 36-31. Provisions of bonds, trust indentures and mortgages
§ 36-32. Remedies of obligee of authority
§ 36-33. Additional remedies conferrable by authority
§ 36-34. Housing bonds to be legal investments, legal security and negotiable
§ 36-35. Contracts and covenants with federal government, etc.; agreements to sell
§ 36-36. Powers of county and regional housing authorities
§ 36-37. Same subject; tenant selection limitations; homestead exemption
§ 36-38. Housing applications by farmers
§ 36-40. Creation of regional housing authority
§ 36-41. Increasing area of operation of regional housing authority
§ 36-42. Decreasing area of operation of regional housing authority
§ 36-43. Housing authority for county excluded from regional authority
§ 36-44. Public hearing to create regional authority or change its area of operation, and findings
§ 36-45. Commissioners of regional housing authority
§ 36-46. Powers of regional housing authority
§ 36-47. Consolidated housing authority
§ 36-47.1. Compensation of commissioners
§ 36-47.2. Consolidation of two or more housing authorities within same city
§ 36-48. Creation of Redevelopment Areas
§ 36-48.1. Creation of Conservation Areas
§ 36-49. Adoption of Redevelopment Plans
§ 36-49.1. Adoption of Conservation Plans
§ 36-49.1:1. Spot blight abatement authorized; procedure
§ 36-49.2. Power to purchase or lease land for certain other redevelopment projects
§ 36-50. Extension of general powers for actions taken pursuant to a redevelopment plan
§ 36-50.1. Extension of general powers for actions taken pursuant to a conservation plan
§ 36-51.1. Requirements for "conservation plan" generally
§ 36-52. Cooperation by localities
§ 36-52.1. Authority for localities to create conservation or redevelopment areas
§ 36-52.3. Adoption and designation of "rehabilitation area."
§ 36-53. Making property available for conservation or redevelopment
§ 36-54. Aid from federal government