For all purposes of this article, the power and authority of any municipality to lease, as lessor, space in a motor vehicle parking facility to any person for business, commercial or charitable use shall be deemed to include the power and authority to lease such space to the United States of America, the State of West Virginia, the county court of any county of the State of West Virginia, and any agency, board or commission of any thereof, and the revenues derived from such leases may be pledged as security for and expended in payment of revenue bonds of such municipality in like manner and to the same extent as other revenues from such motor vehicle parking facility.
Structure West Virginia Code
Chapter 8. Municipal Corporations
Article 16. Municipal Public Works; Revenue Bond Financing
§8-16-3. Special Provisions as to Certain Municipal Public Works
§8-16-4. Construction, etc., to Be Under Control of Governing Body or Appointed Board, etc.
§8-16-4a. Additional Special Provisions as to Motor Vehicle Parking Facilities
§8-16-4b. Additional Special Provision as to the Use of Space in Motor Vehicle Parking Facilities
§8-16-7. Ordinance for Construction, etc., of Works
§8-16-8. Right of Eminent Domain
§8-16-9. Bonds for Improvements, etc., of Works
§8-16-10. Items of Expense Included in Cost of Works
§8-16-13. Obligations Not to Bind Municipal Official or Officer or Member of Board Personally
§8-16-14. Additional Bonds for Improvements, etc., of Works
§8-16-15. How Proceeds of Bonds Applied
§8-16-18. Rates, Fees, or Charges for Services Rendered by Works
§8-16-18a. Pledge of the Hotel Occupancy Tax; Contribution of Revenues to Building Commission
§8-16-20. Accounting System; Yearly Audit; Custodian of Funds
§8-16-22. Statutory Mortgage Lien Upon Works Created
§8-16-23. Acquisition of Property on Which Lien Exists
§8-16-25. Article Confers Additional Power and Authority; Extraterritorial Jurisdiction
§8-16-26. Construction of Power and Authority Conferred