77279015.2-2108.10Virginia Decodedhttps://vacode.org2016Counties, Cities And TownsPowers Of Local GovernmentFranchises; Sale And Lease Of Certain Municipal Public Property; Public UtilitiesProvision Of Cable Television Services By Certain LocalitiesBonding authority2003, c. 677.The governing body of a municipality may by resolution determine to issue one or more bonds to finance the capital costs for facilities necessary to provide to subscribers a cable television service. Such resolution shall: (i) describe the purpose for which the indebtedness is to be created and (ii) specify the dollar amount of the one or more bonds proposed to be issued.sectionAA1A municipality shall pay that portion of the origination, financing, or other carrying costs associated with one or more bonds issued under this section associated with cable television solely from the funds of the cable television department.sectionCC1http://law.lis.virginia.gov/vacode/15.2-2108.10/56-265.4:4Certificate to operate as a telephone utility/56-265.4:4//15.2-2108.10/15.2/II/21/1.1/15.2-2108.10