Municipal Public Works; Revenue Bond Financing.
8-16-1Definitions.8-16-2Municipalities authorized to construct, etc., public works and to acquire property; payment of costs.8-16-3Special provisions as to certain municipal public works.8-16-4Construction, etc., to be under control of governing body or appointed board, etc.8-16-4aAdditional special provisions as to motor vehicle parking facilities.8-16-4bAdditional special provision as to the use of space in motor vehicle parking facilities.8-16-5Powers of board; bidding requirements; emergency repairs.8-16-6Preliminary expenses.8-16-7Ordinance for construction, etc., of works.8-16-8Right of eminent domain.8-16-9Bonds for improvements, etc., of works.8-16-10Items of expense included in cost of works.8-16-11No municipality is to incur any obligation not payable from proceeds of bonds; exemption from taxation.8-16-12Interest rate and life of bonds; redemption; how payable; form, denominations, etc.; additional bonds authorized; interim certificates.8-16-13Obligations not to bind municipal official or officer or member of board personally.8-16-14Additional bonds for improvements, etc., of works.8-16-15How proceeds of bonds applied.8-16-16Bonds secured by trust indenture between municipality or municipalities and corporate trustee.8-16-17Sinking fund; West Virginia Municipal Bond Commission; transfer of funds; purchase of outstanding bonds.8-16-18Rates, fees, or charges for services rendered by works.8-16-18aPledge of the hotel occupancy tax; contribution of revenues to building commission.8-16-19W. Va. Code § 8-16-19Repealed8-16-20Accounting system; yearly audit; custodian of funds.8-16-21Governmental entities to pay established rates, fees or charges for services rendered to it or them.8-16-22Statutory mortgage lien upon works created.8-16-23Acquisition of property on which lien exists.8-16-24Protection and enforcement of rights of bondholders, etc.; receivership; effect of receivership on lease agreement.8-16-25Article confers additional power and authority; extraterritorial jurisdiction.8-16-26Construction of power and authority conferred.8-16-27Article liberally construed.8-16-28Reference to "municipal authorities" or "municipal authority" elsewhere in law to mean "governing body" for the purposes of this article only.