Code of Virginia - Title 10.1 Conservation - Chapter 16 Virginia Recreational Facilities Authority Act

10.1-1600 Definitions
As used in this chapter, unless the context requires a different meaning: "Authority" means the Virginia Recreational Facilities Authority. "Board" means the board of directors ...

10.1-1601 Authority created
In order to (i) provide a high quality recreational attraction in the western part of the Commonwealth; (ii) expand the historical knowledge of adults and ...

10.1-1602 Board of directors
The Authority shall be governed by a board of directors consisting of 19 members who shall be appointed as follows: two members of the Senate ...

10.1-1603 Powers of Authority
The Authority is granted all powers necessary or convenient for carrying out its statutory purposes, including the following rights and powers: 1. To acquire by ...

10.1-1604 Form, terms, and execution of bonds
A. The bonds of each issue shall be dated, shall bear interest at rates fixed by the Authority, shall mature at a time not exceeding ...

10.1-1605 Issuance and sale of bonds
The bonds may be issued in coupon or in registered form, or both, as the Authority may determine, and provision may be made for the ...

10.1-1606 Use of bond proceeds
The proceeds of the bonds of each issue shall be used solely for the purposes of the Authority provided in the resolution authorizing the issuance ...

10.1-1607 Interim receipts or temporary bonds
The Authority is authorized to issue interim receipts or temporary bonds as provided in § 15.2-2616 and to execute and deliver new bonds in place ...

10.1-1608 Faith and credit of Commonwealth or political subdivision not pledged
No obligation of the Authority shall constitute a debt, or pledge of the faith and credit, of the Commonwealth or of any political subdivision, but ...

10.1-1609 Expenses of the Authority
All expenses incurred in carrying out the provisions of this chapter shall be payable solely from funds provided under the provisions of this chapter and ...

10.1-1610 Trust agreement securing bonds
In the discretion of the Authority any bonds issued under the provisions of this chapter may be secured by a trust agreement between the Authority ...

10.1-1611 Moneys received deemed trust funds
All moneys received pursuant to the authority of this chapter, whether as proceeds from the sale of bonds or as revenues, shall be deemed to ...

10.1-1612 Proceedings by bondholder or trustee to enforce rights
Any holder of bonds issued under the provisions of this chapter or any of the applicable coupons, and the trustee under any trust agreement, except ...

10.1-1613 Bonds made securities for investment and deposit
Bonds issued by the Authority under the provisions of this chapter are hereby made securities in which all public officers and public bodies of the ...

10.1-1614 Revenue refunding bonds; bonds for refunding and for cost of additional projects
The Authority is authorized to provide for the issuance of revenue refunding bonds of the Authority for the purpose of refunding any bonds then outstanding ...

10.1-1615 Grants or loans of public or private funds
The Authority is authorized to accept, receive, receipt for, disburse, and expend federal and state moneys and other moneys, public or private, made available by ...

10.1-1616 Exemption from taxes or assessments
The exercise of the powers granted by this chapter is for the benefit of the people of the Commonwealth, for the increase of their commerce ...

10.1-1617 Moneys of Authority
All moneys of the Authority, from whatever source derived, shall be paid to the treasurer of the Authority. Such moneys shall be deposited by the ...

10.1-1618 Title to property
The Authority may acquire title to property in its own name or in the name of the Commonwealth for and on behalf of the Authority. ...

10.1-1619 Violation of regulations
Violation of any regulation adopted pursuant to § 10.1-1603 which would have been a violation of law or ordinance if committed on a public street ...

10.1-1620 Appointment of special conservators of the peace
The chairman of the Authority or his designee may apply to the circuit court of any county or city for the appointment of one or ...

10.1-1621 Conveyance or lease of park to Authority
The Commonwealth or any county, municipality, or other public body is authorized to convey or lease to the Authority, with or without consideration, any property ...

10.1-1622 Recordation of conveyances of real estate to Authority
No deed purporting to convey real estate to the Authority shall be recorded unless accepted by a person authorized to act on behalf of the ...