ENGROSSED
Senate Bill No. 585
(By Senators Prezioso and Bowman)
____________
[Introduced February 18, 1998; referred to
the Committee on Government Organization.]
____________
A BILL to amend and reenact section fourteen, article twenty- nine, chapter eight of the code of West Virginia, one
thousand nine hundred thirty-one, as amended, relating to
leasing property owned by regional airport authorities; and
eliminating certain restrictions.
Be it enacted by the Legislature of West Virginia:
That section fourteen, article twenty-nine, chapter eight of
the code of West Virginia, one thousand nine hundred thirty-one,
as amended, be amended and reenacted to read as follows:
ARTICLE 29. INTERGOVERNMENTAL RELATIONS -- REGIONAL AIRPORTS.
§8-29-14. Authorities may lease facilities.
Each authority may lease its airport and all or any part of
the appurtenances and facilities therewith to any available lessee, subject to all constitutional and statutory limitations
with respect thereto, at such rental and upon such terms and
conditions as the authority shall deem deems proper. Such The
leases shall be for some purpose associated with airport
activities, and shall be subordinate to any mortgage or deed of
trust executed by the authority.
_________
(NOTE: The purpose of this bill is to expand the purposes
for which property owned by regional airport authorities may be
leased.
Strike-throughs indicate language that would be stricken
from the present law, and underscoring indicates new language
that would be added.)