County Economic Opportunity Development Districts. | Midpage

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West Virginia Code

22

County Economic Opportunity Development Districts.

7-22-1Short title.7-22-2Legislative findings and declaration of purpose.7-22-3Definitions.7-22-4Authorization to create economic opportunity development districts.7-22-5Development expenditures.7-22-6Notice; hearing.7-22-7Application to Development Office for approval of an economic opportunity development district project.7-22-7aBase tax revenue amount.7-22-8Establishment of the economic opportunity development district fund.7-22-9Authorization to levy special district excise tax.7-22-10Order to create district as approved by Development Office and authorized by the Legislature.7-22-11District board; duties.7-22-12Special district excise tax authorized.7-22-13Requisition of district subaccount funds.7-22-14Modification of Included area; notice; hearing.7-22-15Abolishment and dissolution of district; notice; hearing.7-22-16Bonds issued to finance economic opportunity development district projects.7-22-17Security for bonds.7-22-18Redemption of bonds.7-22-19Refunding bonds.7-22-20Use of proceeds from sale of bonds.7-22-21Bonds made legal investments.7-22-22Exemption from taxation.7-22-23Joint economic opportunity development districts.7-22-24Application by Division of Highways.