West Virginia Code
Article 1. Water Development Authority
§22C-1-7. Power of Authority to Collect Service Charges and Exercise Other Powers of Governmental Agencies in Event of Default; Power to Require Governmental Agencies to Enforce Their Rights

In order to ensure that the public purposes to be served by the authority may be properly carried out and in order to assure the timely payment to the authority of all sums due and owing under loan agreements with governmental agencies, as referred to in section five of this article, notwithstanding any provision to the contrary elsewhere contained in this code, in event of any default by a governmental agency under such a loan agreement, the authority has, and may, at its option, exercise the following rights and remedies in addition to the rights and remedies conferred by law or pursuant to said loan agreement:
(1) The authority may directly impose, in its own name and for its own benefit service charges determined by it to be necessary under the circumstances upon all users of the water development project to be acquired or constructed pursuant to such loan agreement, and proceed directly to enforce and collect such service charges, together with all necessary costs of such enforcement and collection.
(2) The authority may exercise, in its own name or in the name of and as agent for the governmental agency, all of the rights, authority, powers and remedies of the governmental agency with respect to the water development project or which may be conferred upon the governmental agency by statute, rule, regulation or judicial decision, including, without limitation, all rights and remedies with respect to users of such water development project.
(3) The authority may, by civil action, mandamus or other judicial or administrative proceeding, compel performance by such governmental agency of all of the terms and conditions of such loan agreement including, without limitation, the adjustment and increase of service charges as required to repay the loan or otherwise satisfy the terms of such loan agreement, the enforcement and collection of such service charges and the enforcement by such governmental agency of all rights and remedies conferred by statute, rule, regulation or judicial decision.

Structure West Virginia Code

West Virginia Code

Chapter 22C. Environmental Resources; Boards, Authorities, Commissions and Compacts

Article 1. Water Development Authority

§22C-1-1. Short Title

§22C-1-2. Declaration of Policy and Responsibility; Purpose and Intent of Article; Findings

§22C-1-3. Definitions

§22C-1-4. Water Development Authority; Water Development Board; Organization of Authority and Board; Appointment of Board Members; Their Term of Office, Compensation and Expenses; Director of Authority; Compensation

§22C-1-5. Authority May Construct, Finance, Maintain, etc., Water Development Projects; Loans to Governmental Agencies Are Subject to Terms of Loan Agreements

§22C-1-6. Powers, Duties, and Responsibilities of Authority Generally

§22C-1-6a. Additional Powers of the West Virginia Water Development Authority; Creation of Economic Enhancement Grant Fund

§22C-1-7. Power of Authority to Collect Service Charges and Exercise Other Powers of Governmental Agencies in Event of Default; Power to Require Governmental Agencies to Enforce Their Rights

§22C-1-8. Expenditure of Funds for Study and Engineering of Proposed Projects

§22C-1-9. Authority Empowered to Issue Water Development Revenue Bonds, Renewal Notes and Refunding Bonds; Requirements and Manner of Such Issuance

§22C-1-10. Trustee for Bondholders; Contents of Trust Agreement

§22C-1-11. Trust Agreements for Related Responsibilities; Reimbursements

§22C-1-12. Legal Remedies of Bondholders and Trustees

§22C-1-13. Bonds and Notes Not Debt of State, County, Municipality or of Any Political Subdivision; Expenses Incurred Pursuant to Article

§22C-1-14. Use of Funds by Authority; Restrictions Thereon

§22C-1-15. Investment of Funds by Authority

§22C-1-16. Rentals and Other Revenues From Water Development Projects Owned by the Authority; Contracts and Leases of the Authority; Cooperation of Other Governmental Agencies; Bonds of Such Agencies

§22C-1-17. Maintenance, Operation and Repair of Projects; Reports by Authority to Governor and Legislature

§22C-1-18. Water Development Bonds Lawful Investments

§22C-1-19. Purchase and Cancellation of Notes or Bonds

§22C-1-20. Refunding Bonds

§22C-1-21. Exemption From Taxation

§22C-1-22. Acquisition of Property by Authority -- Acquisition by Purchase; Governmental Agencies Authorized to Convey, etc., Property

§22C-1-23. Same -- Acquisition Under Subdivision (10), Section Six of This Article; Property of Public Utilities and Common Carriers; Relocation, Restoration, etc., of Highways and Public Utility Facilities

§22C-1-24. Financial Interest in Contracts Prohibited; Penalty

§22C-1-25. Meetings and Records of Authority to Be Kept Public

§22C-1-26. Liberal Construction of Article

§22C-1-27. Authorized Limit on Borrowing