Bill Text: VA SB502 | 2010 | Regular Session | Chaptered

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Bill Title: Virginia Recreational Facilities Authority; delays reversion of title to real property to State.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2010-04-13 - Governor: Acts of Assembly Chapter text (CHAP0731) [SB502 Detail]

Download: Virginia-2010-SB502-Chaptered.html

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CHAPTER 731 An Act to amend and reenact §1 of Chapter 655 of the Acts of Assembly of 2008, as amended by Chapter 739 of the Acts of Assembly of 2009, relating to delaying the reversion of property owned by the Virginia Recreational Facilities Authority. [S 502] Approved April 13, 2010

 

Be it enacted by the General Assembly of Virginia:

1. That §1 of Chapter 655 of the Acts of Assembly of 2008, as amended by Chapter 739 of the Acts of Assembly of 2009, is amended and reenacted as follows:

§1. That the provisions in §10.1-1618 of the Code of Virginia requiring a reversion of title to real property from the Virginia Recreational Facilities Authority to the Commonwealth, in the event that the Authority ceases to operate a project, shall not be enforceable until July 1, 2010 2011.

2. That the Virginia Recreational Facilities Authority and Roanoke County shall work with other stakeholders to develop an alternate plan for the appropriate utilization and management of the property. The plan shall be consistent with the mission of the Explore Park and shall include conservation, outdoor recreation, environmental awareness, and public access and utilization of the property. The plan shall also provide ways for the park to become financially independent. The plan shall be completed and transmitted to the Governor and the General Assembly by December 31, 2010.