Whenever any board now or hereafter, shall own and operate any athletic establishment as herein defined, whether acquired or constructed under the provisions of this article or not, and shall desire to construct improvements, enlargements and extensions thereto, or acquire or construct better equipment for the same, it may issue revenue bonds under the provisions of this article to pay for the same, and the procedure therefor shall be the same as in this article provided for the issuance of bonds for acquisition or construction of such athletic establishment: Provided, however, That no existing obligations or rights shall be affected or impaired thereby.
Structure West Virginia Code
Article 2A. Athletic Establishments
§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-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-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-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