The exercise of the powers granted to the director herein will be in all respects for the benefit of the people of the state, for the improvement of their health, safety, convenience and welfare and for the enhancement of their recreational opportunities and is a public purpose. As the operation and maintenance of park development projects will constitute the performance of essential government functions, the director shall not be required to pay any taxes or assessments upon any park development projects or upon any property acquired or used by the director or upon the income therefrom, other than taxes collected from the consumer pursuant to article fifteen, chapter eleven of this code. The bonds and notes and all interest and income thereon shall be exempt from all taxation by this state or any county, municipality, political subdivision or agency thereof, except inheritance taxes.
Structure West Virginia Code
Article 5. Parks and Recreation
§20-5-1. Section of Parks and Recreation; Chief of Section; Existing Obligation; Appropriations
§20-5-2. Powers of the Director With Respect to the Section of Parks and Recreation
§20-5-3. Section of Parks and Recreation; Purpose; Powers and Duties Generally
§20-5-4. Definitions; State Parks and Recreation System
§20-5-5. Authority of Director to Issue Park Development Revenue Bonds; Grants and Gifts
§20-5-7. Investment in Notes, Bonds and Security Interests
§20-5-8. Disclaimer of Any Liability of State of West Virginia
§20-5-9. Trustee for Holders of Park Development Revenue Bonds
§20-5-10. Proceeds of Park Development Revenue Bonds, Grants and Gifts
§20-5-11. Authority of Director to Pledge Revenue From Recreational Facilities as Security
§20-5-12. Management and Control of Project
§20-5-13. Provisions of Constitution and Law Observed; What Approval Required
§20-5-14. Restaurants and Other Facilities
§20-5-17. Correlation of Projects and Services
§20-5-18. Discounts for West Virginia Residents Over the Age of Sixty-Two
§20-5-19. Discounts for West Virginia Residents Who Are Totally and Permanently Disabled
§20-5-22. Powers and Duties of the Director Relating to Oil and Gas Access Roads on State Forests