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.

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Terms Used In Virginia Code 10.1-1621

  • Authority: means the Virginia Recreational Facilities Authority. See Virginia Code 10.1-1600
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC

1986, c. 360, § 10-158.19; 1988, c. 891.