§ 45.2-1813. Federal loan guarantees
A. The Authority, on behalf of the Commonwealth, may apply to the U.S. Department of Energy for federal loan guarantees authorized or made available pursuant to Title XVII of the federal Energy Policy Act of 2005, P.L. 109-58; the federal American Recovery and Reinvestment Act of 2009, P.L. 111-5; or other similar federal legislation to […]
§ 45.2-1810. Declaration of public purpose; exemption from taxation
A. The exercise of the powers granted by this article shall be in all respects for the benefit of the citizens of the Commonwealth and for the promotion of their welfare, convenience, and prosperity. B. The Authority shall be deemed to be performing an essential governmental function in the exercise of the powers conferred upon […]
§ 45.2-1811. Operation
The Authority shall, through moneys derived from sources other than state funds, to the extent such moneys are available, operate in cooperation with the National Oceanic and Atmospheric Administration to upgrade wind resource and other metocean assessment equipment at Chesapeake Light Tower and other structures. 2010, cc. 507, 681, § 67-1203; 2021, Sp. Sess. I, […]
§ 45.2-1812. Public-private partnerships
A. The Authority may establish public-private partnerships with developers pursuant to the Public-Private Education Facilities and Infrastructure Act of 2002 (§ 56-575.1 et seq.) for purposes set forth in this section. B. The Authority may establish a public-private partnership for the installation and operation of wind resource and other metocean equipment, including light detection and […]
§ 45.2-1807. Director; staff; counsel to the Authority
A. The Director shall serve as Director of the Authority and shall administer the affairs and business of the Authority in accordance with the provisions of this article and subject to the policies, control, and direction of the Authority. The Director shall maintain and is custodian of all books, documents, and papers of or filed […]
§ 45.2-1808. Annual report
On or before October 15 of each year, the Authority shall submit an annual summary of its activities and recommendations to the Governor and the Chairmen of the House Committee on Appropriations, the Senate Committee on Finance and Appropriations, the House Committee on Labor and Commerce, and the Senate Committee on Commerce and Labor. Such […]
§ 45.2-1809. Confidentiality of information
A. The Authority shall hold in confidence the personal and financial information supplied to it or maintained by it concerning the siting and development of offshore wind energy projects. B. Nothing in this section shall prohibit the Authority, in its discretion, from releasing any information that has been transformed into a statistical or aggregate form […]
§ 45.2-1805. Membership; terms; vacancies; expenses
A. The Authority shall be composed of nine nonlegislative citizen members appointed by the Governor, one of whom shall be a representative of the Virginia Commercial Space Flight Authority as established in § 2.2-2202. In addition, one ex officio member without voting privileges shall be selected by the Governor after consideration of the persons nominated […]
§ 45.2-1806. Powers and duties of the Authority
In addition to the other powers and duties established under this article, the Authority has the power and duty to: 1. Adopt, use, and alter at will an official seal; 2. Make bylaws for the management and regulation of its affairs; 3. Maintain an office at any place within the Commonwealth it designates; 4. Accept, […]
§ 45.2-1804. Virginia Offshore Wind Development Authority established; purpose
A. The Virginia Offshore Wind Development Authority is established as a political subdivision of the Commonwealth. B. The Authority is established for the purposes of facilitating, coordinating, and supporting the development, either by the Authority or by other qualified entities, of the offshore wind energy industry, offshore wind energy projects, and associated supply chain vendors […]