Bill > SB800

This bill amends the Winchester Parking Authority Act to grant the Winchester Parking Authority, a public entity responsible for public parking facilities, the power to sell, lease as a lessor (meaning to rent out property it owns), transfer, or otherwise dispose of any property or interest it has acquired. This expands the Authority's existing powers, which include constructing, operating, and maintaining parking facilities, issuing bonds to fund them, and setting rates and regulations for their use. The amendment specifically adds this disposal power to the list of general powers granted to the Authority, allowing it more flexibility in managing its assets.

Government Affairs

https://lis.virginia.gov/bill-details/20261/SB800