§7-25-2. Findings
The Legislature finds that: (a) West Virginia's resorts and other recreational areas have an important role in the economy of the local areas surrounding their locations. (b) West Virginia's resorts and other recreational areas are often located in unincorporated areas and, as a consequence, such areas have less funding available to provide infrastructure and essential […]
§7-22-22. Exemption From Taxation
The revenue bonds and notes issued pursuant to this article and the income therefrom are exempt from taxation except inheritance, estate and transfer taxes; and the real and personal property which a county commission or district board acquires pursuant to the provisions of this article are exempt from taxation by the state, or any county, […]
§7-22-23. Joint Economic Opportunity Development Districts
(a) The Legislature hereby finds and declares that the citizens of the state would benefit from coordinated road construction efforts by county commissions and municipalities. (b) Notwithstanding any other section of this code to the contrary, any two or more county commissions, any two or more municipalities, or any combination thereof, may: (1) Create a […]
§7-22-24. Application by Division of Highways
(a) The Commissioner of Highways may propose the creation by a county commission of an economic opportunity development district and project plans, or propose amendments to existing project plans. This plan may include related infrastructure that is necessary or convenient to economic development adjacent to the proposed project. (b) Projects proposed by the Commissioner of […]
§7-23-1. Short Title
This article may be cited as the Local Government Flexibility Act of 2005. No inference, implication or presumption of legislative construction shall be drawn or made by reason of the location or grouping of any particular section, provision or portion of this article. No legal effect shall be given to any descriptive matter or heading […]
§7-23-2. Legislative Intent and Findings
(a) Legislative intent. -– It is the intent of the Legislature in enacting this article to provide a framework within which new ideas can be explored to see if they can or should be implemented on a statewide basis. (b) Legislative findings. -– The Legislature finds and declares that: (1) County commissions, municipalities and county […]
§7-22-15. Abolishment and Dissolution of District; Notice; Hearing
(a) General. — (1) Except upon the express written consent of the Executive Director of the Development Office and of all the holders or obligees of any indebtedness or other instruments the proceeds of which were applied to any development expenditures or any indebtedness the payment of which is secured by revenues payable into the […]
§7-22-16. Bonds Issued to Finance Economic Opportunity Development District Projects
(a) General. -– The county commission that established the economic opportunity development district may issue bonds or notes for the purpose of financing development expenditures, as described in section five of this article, with respect to one or more projects within the economic opportunity development district. (b) Limited obligations. -– All bonds and notes issued […]
§7-22-17. Security for Bonds
(a) General. — Unless the county commission otherwise determines in the order authorizing the issuance of the bonds or notes under the authority of this article, there is hereby created a statutory lien upon the subaccount created pursuant to section eight of this article and all special district excise tax revenues collected for the benefit […]
§7-22-18. Redemption of Bonds
The revenue bonds issued pursuant to this article may contain a provision therein to the effect that they, or any of them, may be called for redemption at any time prior to maturity by the county commission and at the redemption prices or premiums, which terms shall be stated in the bond.