Water Development Authority.
22C-1-1Short title.22C-1-2Declaration of policy and responsibility; purpose and intent of article; findings.22C-1-3Definitions.22C-1-4Water Development Authority; Water Development Board; organization of authority and board; appointment of board members; their term of office, compensation and expenses; Director of Authority; compensation.22C-1-5Authority may construct, finance, maintain, etc., water development projects; loans to governmental agencies are subject to terms of loan agreements.22C-1-6Powers, duties, and responsibilities of authority generally.22C-1-6aAdditional powers of the West Virginia Water Development Authority; Creation of Economic Enhancement Grant Fund.22C-1-7Power of authority to collect service charges and exercise other powers of governmental agencies in event of default; power to require governmental agencies to enforce their rights.22C-1-8Expenditure of funds for study and engineering of proposed projects.22C-1-9Authority empowered to issue water development revenue bonds, renewal notes and refunding bonds; requirements and manner of such issuance.22C-1-10Trustee for bondholders; contents of trust agreement.22C-1-11Trust agreements for related responsibilities; reimbursements.22C-1-12Legal remedies of bondholders and trustees.22C-1-13Bonds and notes not debt of state, county, municipality or of any political subdivision; expenses incurred pursuant to article.22C-1-14Use of funds by authority; restrictions thereon.22C-1-15Investment of funds by authority.22C-1-16Rentals and other revenues from water development projects owned by the authority; contracts and leases of the authority; cooperation of other governmental agencies; bonds of such agencies.22C-1-17Maintenance, operation and repair of projects; reports by authority to Governor and Legislature.22C-1-18Water development bonds lawful investments.22C-1-19Purchase and cancellation of notes or bonds.22C-1-20Refunding bonds.22C-1-21Exemption from taxation.22C-1-22Acquisition of property by authority -- Acquisition by purchase; governmental agencies authorized to convey, etc., property.22C-1-23Same -- Acquisition under subdivision (10), section six of this article; property of public utilities and common carriers; relocation, restoration, etc., of highways and public utility facilities.22C-1-24Financial interest in contracts prohibited; penalty.22C-1-25Meetings and records of authority to be kept public.22C-1-26Liberal construction of article.22C-1-27Authorized limit on borrowing.