CODE OF VIRGINIA

APPROPRIATION BY POLITICAL SUBDIVISION (§ 15.2-7222)

Any political subdivision of the Commonwealth is authorized to provide services,
to donate real or personal property, and to make appropriations to the Authority
for the acquisition, construction, maintenance, and operation of the
Authority’s facilities. Any such political subdivision is hereby
authorized to issue its bonds, including general obligation bonds, in the manner
provided in the Public Finance Act of 1991 (§ 15.2-2600 et seq.) or in any
applicable municipal charter for the purpose of providing funds to be
appropriated to the Authority, and such political subdivisions may enter into
contracts obligating such bond proceeds to the Authority.

HISTORY: 2010, cc. 117, 210.