The authority may acquire by purchase, or otherwise, as authorized by this article whenever it deems such acquisition expedient, any land, property, rights, rights-of-way, franchises, easements, leases and other interests in lands it deems necessary or convenient for the construction and operation of any natural gas transmission project, any electric power project, or other energy project.
All governmental agencies, notwithstanding any contrary provision of law, may lease, lend, grant or convey to the authority, at its request, upon such terms as the proper authorities of such governmental agencies deem reasonable and fair, any real property or interest therein, including improvements thereto or personal property which is necessary or convenient to the effectuation of the authorized purposes of the authority, including public roads and other real property or interests therein, including improvements thereto or personal property already devoted to public use.
The authority may sell any land, property, rights, rights-of-way, franchises, easements, leases and other interests in land acquired under the provisions of this section in such manner and upon such terms and conditions as it deems proper.
Structure West Virginia Code
Chapter 5D. Public Energy Authority Act
Article 1. Public Energy Authority of the State of West Virginia
§5D-1-5. Powers, Duties and Responsibilities of Authority Generally; Termination of Certain Powers
§5D-1-5a. Publication of Notice of Certain Meetings
§5D-1-8. Annual Report to Governor and Legislature; Audit
§5D-1-9. Expenses of Authority
§5D-1-10. Use of Funds by Authority; Restrictions
§5D-1-11. Investment of Funds by Authority
§5D-1-12. Maintenance, Operation and Repair of Projects
§5D-1-13. Bonds Lawful Investments
§5D-1-14. Exemption From Taxation
§5D-1-19. Financial Interest in Contracts Prohibited; Penalty
§5D-1-20. Personal Liability of Members or Persons Acting on Behalf of the Authority
§5D-1-21. Meetings and Records of Authority to Be Kept Public