West Virginia Code
Article 2A. Athletic Establishments
§10-2A-20. Operation Under Supervision and Control of Board; Leasing

The board may, in its discretion, provide by resolution that the custody, administration, operation and maintenance of such athletic establishment shall be under the supervision and control of a committee as provided by section three hereof, and in such case, the board may provide by resolution for said committee to exercise such of the functions of the board in connection with said establishment as they consider proper, and may provide for said committee to receive such compensation as such board may deem proper, all of which authority and compensation shall be specifically provided for by resolution. All compensation and expenses of such committee shall be paid solely from funds provided under the authority of this article. Such committee shall have power to establish bylaws, rules and regulations for its own government.
The board also, in its discretion, may provide by resolution for the leasing of such athletic establishment or any part thereof and provide for the custody, operation and maintenance thereof by a lessee in accordance with the provisions of such resolution and lease contract executed pursuant thereto: Provided, however, That the lessee shall pay to the board for the use of such athletic establishment, or part thereof, an amount which when added to other revenues therefrom shall be sufficient to provide a sinking fund for the payment of the bonds and the interest thereon and all other charges mentioned in section sixteen hereof.

Structure West Virginia Code

West Virginia Code

Chapter 10. Public Libraries; Public Recreation; Athletic Establishments; Monuments and Memorials; Roster of Servicemen; Educational Broadcasting Authority

Article 2A. Athletic Establishments

§10-2A-1. Definitions

§10-2A-2. Authority to Establish and Operate Athletic Establishments; Bonds to Pay Costs

§10-2A-2a. Joint Establishment and Operation of Athletic Establishment

§10-2A-3. Construction, etc., to Be Under Control of Board or Committee Appointed by Board

§10-2A-4. Powers of Board; Contracts; Employees

§10-2A-5. Preliminary Expenses

§10-2A-6. Resolution for Construction, etc., of Establishment; Notice and Hearing

§10-2A-7. Acquisition of Property or Establishments; Eminent Domain

§10-2A-8. Bonds for Improvements and Extension of Existing Athletic Establishments

§10-2A-9. Items of Expense Included in Cost of Athletic Establishment

§10-2A-10. Bonds to Be Payable From Special Fund; Exemption From Taxation

§10-2A-11. Interest Rate and Life of Bonds; Redemption; How Payable; Form; Denominations; Negotiability; Surplus Funds; Additional Bonds Authorized; Interim Certificates

§10-2A-12. Obligations Not to Bind Member of Board Personally

§10-2A-13. Additional Bonds for Extension or Improvement of Athletic Establishments

§10-2A-14. How Proceeds of Bonds Applied; Lien

§10-2A-15. Bonds Secured by Trust Indenture Between Board and Corporate Trustees

§10-2A-16. Sinking Fund

§10-2A-17. Charges and Rentals for Use of Athletic Establishment

§10-2A-18. Accounting System; Yearly Audit; Custodian of Funds

§10-2A-19. Board to Pay Charges and Rentals for Use of Establishment

§10-2A-20. Operation Under Supervision and Control of Board; Leasing

§10-2A-21. When Statutory Mortgage Lien Created; Enforcement of Lien by Bondholders; Suit to Compel Performance of Duties

§10-2A-22. Acquisition of Property on Which Encumbrance Exists

§10-2A-23. Protection and Enforcement of Rights of Bondholders; Receivership

§10-2A-24. Article Confers Additional Powers

§10-2A-25. Construction of Powers Conferred

§10-2A-26. Article Liberally Construed