West Virginia Statutes

§ 7-11B-29 — Joint development or redevelopment districts

West Virginia·Ch. 7 COUNTY COMMISSIONS AND OFFICERS·Art. 11B WEST VIRGINIA TAX INCREMENT FINANCING ACT
(a)The Legislature hereby finds and declares that the citizens of the state would benefit from coordinated road construction efforts by county commissions, municipalities and the division of highways.
(b)Notwithstanding any other section of this code to the contrary, any two or more county commissions, any two or more municipalities, or any combination thereof, may:
(1)Create a combined development or redevelopment district;
(2)propose joint project plans;
(3)propose joint amendments to an existing project plan for combined development or redevelopment district; and (4) enter into one or more intergovernmental agreements between themselves and/or the Commissioner of Highways to share:
(A)Project expenses; and (B) certain property tax collections, on a pro rata or other basis, to fac

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Legislative History

2016 Reg. Sess., HB4612

Nearby Sections

15
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