The board may enter into contracts or agreements with any persons, firms or corporations for the operation and management of the public service properties within the district, or any part thereof, for such period of time and under such terms and conditions as shall be agreed upon between the board and such persons, firms or corporations. The board shall have power to provide in the resolution authorizing the issuance of bonds, or in any trust indenture securing such bonds, that such contracts or agreements shall be valid and binding upon the district as long as any of said bonds, or interest thereon, are outstanding and unpaid.
Structure West Virginia Code
Article 13A. Public Service Districts
§16-13A-1. Legislative Findings
§16-13A-1a. Jurisdiction of the Public Service Commission
§16-13A-1c. General Purpose of Districts
§16-13A-3a. Removal of Members of Public Service Board
§16-13A-4. Board Chairman; Members' Compensation; Procedure; District Name
§16-13A-5. General Manager of Board
§16-13A-9a. Limitations With Respect to Foreclosure
§16-13A-9b. Exemptions for Swimming Pools
§16-13A-12. Disbursement of District Funds
§16-13A-14. Items Included in Cost of Properties
§16-13A-15. Bonds May Be Secured by Trust Indenture
§16-13A-16. Sinking Fund for Revenue Bonds
§16-13A-18. Operating Contracts
§16-13A-19. Statutory Mortgage Lien Created; Foreclosure Thereof
§16-13A-20. Refunding Revenue Bonds
§16-13A-23. Validation of Acts and Proceedings of Public Service Boards
§16-13A-24. Acceptance of Loans, Grants or Temporary Advances