§ 33.1-424. Abolition of local transportation districts
A. Any district created pursuant to this chapter may be abolished by resolutions passed by each local governing body within whose locality any portion of the district lies, upon the joint petition of the commission and the owners of at least fifty-one percent of the land area located within the district in each locality. Joint petitions shall:
1. State whether the purposes for which the district was formed have been substantially achieved;
2. State whether all obligations incurred by the district have been fully paid;
3. Describe the benefits which can be expected from the abolition of the district; and
4. Request each affected local governing body to abolish the district.
B. Upon receipt of such a petition, each local governing body, in considering the abolition of the district, shall use the standards and procedures described in § 33.1-410 mutatis mutandis, except that all interested persons who either reside on or who own real property within the boundaries of the district shall have the right to appear and show cause why the district should not be abolished.
C. If each local governing body finds that the abolition of the district (i) is in accordance with the applicable locality's comprehensive plan for the development of the area; (ii) is in the best interests of the residents and owners of the property within the district; (iii) is in furtherance of the public health, safety, and welfare; (iv) that all debts of the district have been paid and the purposes of the district either have been, or should not be, fulfilled or finds that each local governing body with the approval of the voters of each locality has agreed to assume the debts of the district, then each local governing body may pass a resolution abolishing the district and the district advisory board. Upon abolition of the district, the title to all funds and properties owned by the district at the time of such dissolution shall vest in the locality in which the district or portion thereof was located.
(1993, c. 395.)
Sections: Previous 33.1-411 33.1-412 33.1-413 33.1-414 33.1-415 33.1-416 33.1-417 33.1-418 33.1-419 33.1-420 33.1-421 33.1-422 33.1-423 33.1-424 33.1-425 NextLast modified: April 16, 2009