CODE OF VIRGINIA

TRANSFER, ETC., OF PROPERTY OF POLITICAL SUBDIVISIONS UPON REQUEST OF AUTHORITY
(§ 15.2-5424)

The governing body of any political subdivision, notwithstanding any contrary
provision of law, is hereby authorized to transfer jurisdiction over, to permit
the use of, lease, lend, grant or convey to the authority upon the request of
the authority, upon such terms and conditions as the governing body of such
subdivision may agree with the authority as reasonable and fair, such real or
personal property as may be necessary or desirable in connection with the
acquisition, construction, improvement, operation or maintenance of any project
by the authority, including public roads and other property already donated to
public use. However, the authority must pay full market value for any such real
or personal property conveyed by the governing body of any political subdivision
to the authority. Whenever any railroad tracks, pipes, poles, wires, conduits or
other structures or facilities which are located in, along, across, over or
under any public road, street, highway, alley or other public right-of-way shall
become an obstruction to, interfere with or be endangered by the construction,
operation or maintenance of any project of the authority, the political
subdivision having ownership, control or jurisdiction over such public road,
street, highway, alley or other public right-of-way may, as the exercise of an
essential governmental function, order the safeguarding, maintaining,
relocating, rebuilding, removing and replacing of such railroad tracks, pipes,
poles, wires, conduits or other structures or facilities by the owner thereof at
the expense of the authority, and subject to the provisions of § 25.1-102.

HISTORY: 1979, c. 416, § 15.1-1627; 1997, c. 587.