reglab/housing_qa huggingface dataset:
VA Code § 10.1-1610 (2021)
2021 Code of Virginia|Title 10.1 - Conservation|Chapter 16 - Virginia Recreational Facilities Authority Act|§ 10.1-1610. Trust agreement securing bonds

In the discretion of the Authority any bonds issued under the provisions of this chapter may be secured by a trust agreement between the Authority and a corporate trustee, which may be any trust company or bank having the powers of a trust company. The trust agreement or the resolution providing for the issuance of bonds may pledge or assign the revenues to be received and provide for the mortgage of any project or property or any part thereof. However, the Authority shall have no power to encumber its real property or create any estate or interest therein other than encumbrances on structures not extending to the real property upon which such structures are located. The trust agreement or resolution may contain reasonable, proper and lawful provisions for protecting and enforcing the rights and remedies of the bondholders. The trust agreement or resolution may include covenants setting forth the duties of the Authority in relation to the acquisition of property and the planning, development, acquisition, construction, rehabilitation, establishment, improvement, extension, enlargement, maintenance, repair, operation and insurance of the project in connection with which such bonds have been authorized, the rates and fees to be charged, the custody, safeguarding and application of all moneys, and conditions or limitations with respect to the issuance of additional bonds. It shall be lawful for any bank or trust company incorporated under the laws of the Commonwealth which may act as depository of the proceeds of bonds or of revenue, to furnish such indemnifying bonds or to pledge such securities as may be required by the Authority. The trust agreement may set forth the rights of action by bondholders and other provisions the Authority deems reasonable and proper for the security of the bondholders. All expenses incurred in carrying out the provisions of the trust agreement or resolution may be treated as a part of the operation of the project.1986, c. 360, § 10-158.7; 1988, c. 891; 1991, c. 706.
VA Code § 10.1-1611 (2021)
2021 Code of Virginia|Title 10.1 - Conservation|Chapter 16 - Virginia Recreational Facilities Authority Act|§ 10.1-1611. Moneys received deemed trust funds

All moneys received pursuant to the authority of this chapter, whether as proceeds from the sale of bonds or as revenues, shall be deemed to be trust funds to be held and applied solely as provided in this chapter. The resolution authorizing the bonds of any issue or the trust agreement securing such bonds shall provide that any officer with whom, or any bank or trust company with which, such moneys are deposited shall act as a trustee of such moneys and shall hold and apply the moneys for the purposes hereof, subject to such regulations as this chapter and the resolution or trust agreement may provide.1986, c. 360, § 10-158.8; 1988, c. 891.
VA Code § 10.1-1612 (2021)
2021 Code of Virginia|Title 10.1 - Conservation|Chapter 16 - Virginia Recreational Facilities Authority Act|§ 10.1-1612. Proceedings by bondholder or trustee to enforce rights

Any holder of bonds issued under the provisions of this chapter or any of the applicable coupons, and the trustee under any trust agreement, except to the extent the rights herein given may be restricted by the trust agreement or the resolution authorizing the issuance of such bonds, may protect and enforce rights under the laws of the Commonwealth or under the trust agreement or resolution, and may enforce all duties required by this chapter or by the trust agreement or resolution to be performed by the Authority or by any officer thereof, including the fixing, charging, and collecting of rates, rentals, and other charges.1986, c. 360, § 10-158.9; 1988, c. 891.
VA Code § 10.1-1613 (2021)
2021 Code of Virginia|Title 10.1 - Conservation|Chapter 16 - Virginia Recreational Facilities Authority Act|§ 10.1-1613. Bonds made securities for investment and deposit

Bonds issued by the Authority under the provisions of this chapter are hereby made securities in which all public officers and public bodies of the Commonwealth and its political subdivisions, all insurance companies, trust companies, banking associations, investment companies, executors, administrators, trustees, and other fiduciaries may properly and legally invest funds, including capital in their control or belonging to them. Such bonds are hereby made securities which may properly and legally be deposited with and received by any state or municipal officer or any agency or political subdivision of the Commonwealth for any purpose authorized by law.1986, c. 360, § 10-158.10; 1988, c. 891.
VA Code § 10.1-1614 (2021)
2021 Code of Virginia|Title 10.1 - Conservation|Chapter 16 - Virginia Recreational Facilities Authority Act|§ 10.1-1614. Revenue refunding bonds; bonds for refunding and for cost of additional projects

The Authority is authorized to provide for the issuance of revenue refunding bonds of the Authority for the purpose of refunding any bonds then outstanding which have been issued under the provisions of this chapter, including the payment of any redemption premium and any interest accrued or to accrue to the date of redemption of such bonds, and, if deemed advisable by the Authority, for the additional purpose of constructing improvements, extensions, or enlargements of the projects in connection with which the bonds to be refunded have been issued. The Authority is further authorized to provide by resolution for the issuance of its revenue bonds for the combined purpose of (i) refunding any bonds then outstanding which have been issued under the provisions of this chapter, including the payment of any redemption premium and any interest accrued or to accrue to the date of redemption of such bonds, and (ii) paying all or any part of the cost of any additional project or any portion thereof. The issuance of such bonds, the maturities and other details, the rights of the holders, and the rights, duties and obligations of the Authority shall be governed by the provisions of this chapter.1986, c. 360, § 10-158.11; 1988, c. 891.
VA Code § 10.1-1615 (2021)
2021 Code of Virginia|Title 10.1 - Conservation|Chapter 16 - Virginia Recreational Facilities Authority Act|§ 10.1-1615. Grants or loans of public or private funds

The Authority is authorized to accept, receive, receipt for, disburse, and expend federal and state moneys and other moneys, public or private, made available by grant, loan or otherwise, to accomplish any of the purposes of this chapter. All federal moneys accepted under this section shall be accepted and expended by the Authority upon terms and conditions prescribed by the United States and consistent with state law. All state moneys accepted under this section shall be accepted and expended by the Authority upon terms and conditions prescribed by the Commonwealth.1986, c. 360, § 10-158.12; 1988, c. 891.
VA Code § 10.1-1616 (2021)
2021 Code of Virginia|Title 10.1 - Conservation|Chapter 16 - Virginia Recreational Facilities Authority Act|§ 10.1-1616. Exemption from taxes or assessments

The exercise of the powers granted by this chapter is for the benefit of the people of the Commonwealth, for the increase of their commerce and prosperity, and for the improvement of their health and living conditions. Since the operation and maintenance of projects by the Authority and the undertaking of activities in furtherance of the purpose of the Authority will constitute the performance of essential governmental functions, the Authority shall not be required to pay any taxes or assessments upon any project or any property acquired or used by the Authority under the provisions of this chapter or upon the income therefrom, including sales and use taxes on tangible personal property used in the operations of the Authority. Any bonds issued under the provisions of this chapter, their transfer and the income which may result, including any profit made on the sale, shall be free from state and local taxation. The exemption hereby granted shall not be construed to extend to persons conducting business on the premises of a facility for which local or state taxes would otherwise be required.1986, c. 360, § 10-158.13; 1988, c. 891.
VA Code § 10.1-1617 (2021)
2021 Code of Virginia|Title 10.1 - Conservation|Chapter 16 - Virginia Recreational Facilities Authority Act|§ 10.1-1617. Moneys of Authority

All moneys of the Authority, from whatever source derived, shall be paid to the treasurer of the Authority. Such moneys shall be deposited by the treasurer in one or more banks or trust companies, in one or more special accounts. All banks and trust companies are authorized to give security for such deposits, if required by the Authority. The moneys in the accounts shall be paid out on the warrant or other order of the treasurer of the Authority or any person authorized by the Authority to execute such warrants or orders. The Auditor of Public Accounts of the Commonwealth, and his legally authorized representatives, shall examine the accounts and books of the Authority.1986, c. 360, § 10-158.15; 1988, c. 891.
VA Code § 10.1-1618 (2021)
2021 Code of Virginia|Title 10.1 - Conservation|Chapter 16 - Virginia Recreational Facilities Authority Act|§ 10.1-1618. Title to property

The Authority may acquire title to property in its own name or in the name of the Commonwealth for and on behalf of the Authority. In the event the Authority ceases to operate its projects and to promote the purposes stated in § 10.1-1601 or is dissolved, the title to real property held by the Authority shall transfer to the Commonwealth and be administered by the Department of Conservation and Recreation; provided however, in the event that an environmental audit of any real property or interest therein, or portion of such property, to be transferred pursuant to this section discloses any environmental liability or violation of law or regulation, present or contingent, the Governor may reject the transfer of any portion of such property which he determines to be environmentally defective.1986, c. 360, § 10-158.16; 1988, c. 891; 1991, c. 706.
VA Code § 10.1-1619 (2021)
2021 Code of Virginia|Title 10.1 - Conservation|Chapter 16 - Virginia Recreational Facilities Authority Act|§ 10.1-1619. Violation of regulations

Violation of any regulation adopted pursuant to § 10.1-1603 which would have been a violation of law or ordinance if committed on a public street or highway shall be tried and punished as if it had been committed on a public street or highway. Any other violation of such regulations shall be punishable as a Class 1 misdemeanor.1986, c. 360, § 10-158.17; 1988, c. 891.
VA Code § 10.1-1620 (2021)
2021 Code of Virginia|Title 10.1 - Conservation|Chapter 16 - Virginia Recreational Facilities Authority Act|§ 10.1-1620. Appointment of special conservators of the peace

The chairman of the Authority or his designee may apply to the circuit court of any county or city for the appointment of one or more special conservators of the peace under procedures specified by § 19.2-13.1986, c. 360, § 10-158.18; 1988, c. 891.
VA Code § 10.1-1621 (2021)
2021 Code of Virginia|Title 10.1 - Conservation|Chapter 16 - Virginia Recreational Facilities Authority Act|§ 10.1-1621. Conveyance or lease of park to Authority

The Commonwealth or any county, municipality, or other public body is authorized to convey or lease to the Authority, with or without consideration, any property to use for projects that will further the purposes described in this chapter.1986, c. 360, § 10-158.19; 1988, c. 891.
VA Code § 10.1-1622 (2021)
2021 Code of Virginia|Title 10.1 - Conservation|Chapter 16 - Virginia Recreational Facilities Authority Act|§ 10.1-1622. Recordation of conveyances of real estate to Authority

No deed purporting to convey real estate to the Authority shall be recorded unless accepted by a person authorized to act on behalf of the Authority, which acceptance shall appear on the face of the deed.1986, c. 360, § 10-158.20; 1988, c. 891.
VA Code § 10.1-1700 (2021)
2021 Code of Virginia|Title 10.1 - Conservation|Chapter 17 - Open-Space Land Act|§ 10.1-1700. Definitions

As used in this chapter, unless the context requires a different meaning:"Open-space easement" means a nonpossessory interest of a public body in real property, whether easement appurtenant or in gross, acquired through gift, purchase, devise, or bequest imposing limitations or affirmative obligations, the purposes of which include retaining or protecting natural or open-space values of real property, assuring its availability for agricultural, forestal, recreational, or open-space use, protecting natural resources, maintaining or enhancing air or water quality, or preserving the historical, architectural or archaeological aspects of real property."Open-space land" means any land which is provided or preserved for (i) park or recreational purposes, (ii) conservation of land or other natural resources, (iii) historic or scenic purposes, (iv) assisting in the shaping of the character, direction, and timing of community development, (v) wetlands as defined in § 28.2-1300, or (vi) agricultural and forestal production."Public body" means any state agency having authority to acquire land for a public use, or any county or municipality, any park authority, any public recreational facilities authority, any soil and water conservation district, any community development authority formed pursuant to Article 6 (§ 15.2-5152 et seq.) of Chapter 51 of Title 15.2, or the Virginia Recreational Facilities Authority.1966, c. 461, § 10-156; 1974, c. 348; 1986, c. 360; 1988, c. 891; 1997, c. 130; 2000, cc. 181, 724, 747; 2011, cc. 85, 159.
VA Code § 10.1-1701 (2021)
2021 Code of Virginia|Title 10.1 - Conservation|Chapter 17 - Open-Space Land Act|§ 10.1-1701. Authority of public bodies to acquire or designate property for use as open-space land

To carry out the purposes of this chapter, any public body may (i) acquire by purchase, gift, devise, bequest, grant or otherwise title to or any interests or rights of not less than five years' duration in real property that will provide a means for the preservation or provision of open-space land and (ii) designate any real property in which it has an interest of not less than five years' duration to be retained and used for the preservation and provision of open-space land. Any such interest may also be perpetual.The use of the real property for open-space land shall conform to the official comprehensive plan for the area in which the property is located. No property or interest therein shall be acquired by eminent domain by any public body for the purposes of this chapter; however, this provision shall not limit the power of eminent domain as it was possessed by any public body prior to the passage of this chapter.1966, c. 461, § 10-152; 1974, c. 259; 1981, c. 64; 1988, c. 891.
VA Code § 10.1-1702 (2021)
2021 Code of Virginia|Title 10.1 - Conservation|Chapter 17 - Open-Space Land Act|§ 10.1-1702. Further powers of public bodies

A. A public body shall have the powers necessary or convenient to carry out the purposes and provisions of this chapter, including the following powers:1. To borrow funds and make expenditures;2. To advance or accept advances of public funds;3. To apply for and accept and utilize grants and any other assistance from the federal government and any other public or private sources, to give such security as may be required and to enter into and carry out contracts or agreements in connection with the assistance, and to include in any contract for assistance from the federal government such conditions imposed pursuant to federal laws as the public body may deem reasonable and appropriate and which are not inconsistent with the purposes of this chapter;4. To make and execute contracts and other instruments;5. In connection with the real property acquired and designated for the purposes of this chapter, to provide or to arrange or contract for the provision, construction, maintenance, operation, or repair by any person or agency, public or private, of services, privileges, works, streets, roads, public utilities or other facilities or structures that may be necessary to the provision, preservation, maintenance and management of the property as open-space land;6. To insure or provide for the insurance of any real or personal property or operations of the public body against any risks or hazards, including the power to pay premiums on the insurance;7. To demolish or dispose of any structures or facilities which may be detrimental to or inconsistent with the use of real property as open-space land; and8. To exercise its functions and powers under this chapter jointly or cooperatively with public bodies of one or more states, if they are so authorized by state law, and with one or more public bodies of this Commonwealth, and to enter into agreements for joint or cooperative action.B. For the purposes of this chapter, the Commonwealth or a county, city or town may:1. Appropriate funds;2. Issue and sell its general obligation bonds in the manner and within the limitations prescribed by the applicable laws of the Commonwealth;3. Exercise its powers under this chapter through a board or commission, or through such office or officers as its governing body by resolution determines or as the Governor determines in the case of the Commonwealth; and4. Levy taxes and assessments.1966, c. 461, § 10-154; 1988, c. 891.
VA Code § 10.1-1703 (2021)
2021 Code of Virginia|Title 10.1 - Conservation|Chapter 17 - Open-Space Land Act|§ 10.1-1703. Acquisition of title subject to reservation of farming or timber rights; acquisition of easements, etc.; property to be made available for farming and timber uses

Any public body is authorized to acquire (i) unrestricted fee simple title to tracts; (ii) fee simple title to such land subject to reservation of rights to use such lands for farming or to reservation of timber rights thereon; or (iii) easements in gross or such other interests in real estate of not less than five years' duration as are designed to maintain the character of such land as open-space land. Any such interest may also be perpetual. Whenever practicable in the judgment of the public body, real property acquired pursuant to this chapter shall be made available for agricultural and timbering uses which are compatible with the purposes of this chapter.1966, c. 461, § 10-158; 1974, c. 259; 1981, c. 64; 1988, c. 891.
VA Code § 10.1-1704 (2021)
2021 Code of Virginia|Title 10.1 - Conservation|Chapter 17 - Open-Space Land Act|§ 10.1-1704. Diversion of property from open-space land use; conveyance or lease of open-space land

A. No open-space land, the title to or interest or right in which has been acquired under this chapter and which has been designated as open-space land under the authority of this chapter, shall be converted or diverted from open-space land use unless (i) the conversion or diversion is determined by the public body to be (a) essential to the orderly development and growth of the locality and (b) in accordance with the official comprehensive plan for the locality in effect at the time of conversion or diversion and (ii) there is substituted other real property which is (a) of at least equal fair market value, (b) of greater value as permanent open-space land than the land converted or diverted and (c) of as nearly as feasible equivalent usefulness and location for use as permanent open-space land as is the land converted or diverted. The public body shall assure that the property substituted will be subject to the provisions of this chapter.B. A public body may convey or lease any real property it has acquired and which has been designated for the purposes of this chapter. The conveyance or lease shall be subject to contractual arrangements that will preserve the property as open-space land, unless the property is to be converted or diverted from open-space land use in accordance with the provisions of subsection A of this section.1966, c. 461, § 10-153; 1988, c. 891; 1997, c. 338.
VA Code § 10.1-1705 (2021)
2021 Code of Virginia|Title 10.1 - Conservation|Chapter 17 - Open-Space Land Act|§ 10.1-1705. Chapter controlling over other laws; powers supplemental

Insofar as the provisions of this chapter are inconsistent with the provisions of any other law, the provisions of this chapter shall be controlling. The powers conferred by this chapter shall be in addition and supplemental to the powers conferred by any other law.1966, c. 461, § 10-157; 1988, c. 891.
VA Code § 10.1-1705.1 (2021)
2021 Code of Virginia|Title 10.1 - Conservation|Chapter 17 - Open-Space Land Act|§ 10.1-1705.1. Construction

Notwithstanding any provision of law to the contrary, an easement held pursuant to this chapter shall be construed in favor of achieving the conservation purposes for which it was created.2021, Sp. Sess. I, cc. 274, 317.
VA Code § 10.1-1800 (2021)
2021 Code of Virginia|Title 10.1 - Conservation|Chapter 18 - Virginia Outdoors Foundation|§ 10.1-1800. Establishment and administration of Foundation; appointment, terms, chairman, quorum, etc., of board of trustees

The Virginia Outdoors Foundation is established to promote the preservation of open-space lands and to encourage private gifts of money, securities, land or other property to preserve the natural, scenic, historic, scientific, open-space and recreational areas of the Commonwealth. The Virginia Outdoors Foundation is a body politic and shall be governed and administered by a board of trustees composed of seven trustees from the Commonwealth at large to be appointed by the Governor for four-year terms. Appointments shall be made to achieve a broad geographical representation of members. Vacancies shall be filled for the unexpired term. No trustee-at-large shall be eligible to serve more than two consecutive four-year terms. All trustees-at-large shall post bond in the penalty of $5,000 with the State Comptroller prior to entering upon the functions of office.The Governor shall appoint a chairman of the board from among the seven trustees-at-large to a two-year term. No member shall be eligible to serve more than two consecutive terms as chairman. A majority of the members of the board serving at any one time shall constitute a quorum for the transaction of business.1966, c. 525, §§ 10-159 to 10-162; 1970, c. 757; 1988, c. 891; 1991, c. 190; 2000, cc. 21, 294; 2003, cc. 78, 90; 2011, cc. 691, 714.