Senate Bill No. 585
(By Senators Prezioso and Bowman)
[Passed March 13, 1998; in effect ninety days from passage.]
AN ACT 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 deems proper. The leases shall be
subordinate to any mortgage or deed of trust executed by the
authority. An authority may lease land, the original taking of
which was necessary for airport purposes, for economic
development purposes compatible with, but not necessarily
associated with, airport activities.