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Home » US Law » 2022 West Virginia Code » Chapter 8. Municipal Corporations » Article 38. Municipal Economic Opportunity Development Districts

§8-38-6. Notice; Hearing

(a) General. — A municipality desiring to create an economic opportunity development district shall conduct a public hearing. (b) Notice of hearing. — Notice of the public hearing shall be published as a Class I-0 legal advertisement in compliance with article three, chapter fifty-nine of this code at least twenty days prior to the scheduled […]

§8-38-8. Establishment of the Economic Opportunity Development District Fund

(a) General. — There is hereby created a special revenue account in the State Treasury designated the "Economic Opportunity Development District Fund" which is an interest-bearing account and shall be invested in the manner described in section nine-c, article six, chapter twelve of this code with the interest income a proper credit to the Fund. […]

§8-38-9. Authorization to Levy Special District Excise Tax

(a) General. — Municipalities have no inherent authority to levy taxes and have only that authority expressly granted to them by the Legislature. The Legislature is specifically extended, and intends by this article to exercise certain relevant powers expressed in section six-a, article X of the Constitution of this state as follows: (1) The Legislature […]