§ 33.2-2511. Authority to issue bonds
The Authority may issue bonds and other evidences of debt as may be authorized by this section or other law. The provisions of Article 5 (§ 33.2-1920 et seq.) of Chapter 19 shall apply, mutatis mutandis, to the issuance of such bonds or other debt. The Authority may issue bonds or other debt in such […]
§ 33.2-2512. Other duties and responsibilities of Authority
In addition to other powers granted in this chapter, the Authority shall have the following duties and responsibilities: 1. Providing general oversight of regional programs involving mass transit or congestion mitigation, including carpooling, vanpooling, and ridesharing; 2. Providing long-range regional planning, both financially constrained and unconstrained; 3. Recommending to federal, state, and regional agencies regional […]
§ 33.2-2508. Responsibilities of Authority for long-range transportation planning
In fulfilling the requirements of subdivision 1 of § 33.2-2500, the Authority shall be responsible for long-range transportation planning for regional transportation projects in Northern Virginia. In carrying out this responsibility, the Authority shall, on the basis of a regional consensus whenever possible, set regional transportation policies and priorities for regional transportation projects and, at […]
§ 33.2-2509. Northern Virginia Transportation Authority Fund
There is hereby created in the state treasury a special nonreverting fund for Planning District 8 to be known as the Northern Virginia Transportation Authority Fund, referred to in this chapter as “the Fund.” The Fund shall be established on the books of the Comptroller. All revenues dedicated to the Fund pursuant to §§ 33.2-2400, […]
§ 33.2-2510. Use of certain revenues by the Authority
A. All moneys received by the Authority and the proceeds of bonds issued pursuant to § 33.2-2511 shall be used by the Authority solely for transportation purposes benefiting those counties and cities that are embraced by the Authority. B. 1. Except as provided in subdivision 2, 30 percent of the revenues received by the Authority […]
§ 33.2-2504. Decisions of Authority
A majority of the Authority, which majority shall include at least a majority of the representatives of the counties and cities embraced by the Authority, shall constitute a quorum. Decisions of the Authority shall require a quorum and shall be in accordance with voting procedures established by the Authority. In all cases, decisions of the […]
§ 33.2-2505. Allocation of certain Authority expenses among component counties and cities
Notwithstanding the provisions of subdivision C 1 of § 33.2-2510, the administrative and operating expenses of the Authority shall be provided in an annual budget adopted by the Authority, to the extent funds for such expenses are not provided from other sources, shall be paid from the Fund. Such budget shall be limited solely to […]
§ 33.2-2506. Payment to members of Authority
The members of the Authority may be paid for their services compensation in either (i) the amount provided in the general appropriation act for members of the General Assembly engaged in legislative business between sessions or (ii) a lesser amount as determined by the Authority. Members may be reimbursed for all reasonable and necessary expenses […]
§ 33.2-2507. Formation of advisory committees
A. The Authority shall have a technical advisory committee, consisting of nine individuals who reside or are employed in counties and cities embraced by the Authority and have experience in transportation planning, finance, engineering, construction, or management. Six members shall be appointed by localities embraced by the Authority and three members shall be appointed by […]
§ 33.2-2501. Counties and cities embraced by the Authority
The Authority shall embrace the Counties of Arlington, Fairfax, Loudoun, and Prince William and the Cities of Alexandria, Fairfax, Falls Church, Manassas, and Manassas Park. 2002, c. 846, § 15.2-4831; 2014, c. 805.