A municipality may, in accordance with the procedures and subject to the limitations set forth in this article:
(1) Create one or more economic opportunity development districts within its limits;
(2) Provide for the administration and financing of development expenditures within the districts; and
(3) Provide for the administration and financing of a continuing program of development expenditures within the districts.
Structure West Virginia Code
Chapter 8. Municipal Corporations
Article 38. Municipal Economic Opportunity Development Districts
§8-38-2. Legislative Findings and Declaration of Purpose
§8-38-4. Authorization to Create Economic Opportunity Development Districts
§8-38-5. Development Expenditures
§8-38-8. Establishment of the Economic Opportunity Development District Fund
§8-38-9. Authorization to Levy Special District Excise Tax
§8-38-11. District Board; Duties
§8-38-12. Special District Excise Tax Authorized
§8-38-13. Requisition of District Subaccount Funds
§8-38-14. Modification of Included Area; Notice; Hearing
§8-38-15. Abolishment and Dissolution of District; Notice; Hearing
§8-38-16. Bonds Issued to Finance Economic Opportunity Development District Projects
§8-38-20. Use of Proceeds From Sale of Bonds
§8-38-21. Bonds Made Legal Investments
§8-38-22. Exemption From Taxation