H. B. 2984
(By Delegates Perdue and Hubbard)
[Introduced March 23, 2001; referred to the
Committee on Education.]
A BILL to amend and reenact section seventeen, article two-c,
chapter thirteen of the code of West Virginia, one thousand
nine hundred thirty-one, as amended, relating to requiring
notice to, and consent of, school boards before selling bonds
or signing mortgages, trust deeds and contracts, under certain
conditions.
Be it enacted by the Legislature of West Virginia:
That section seventeen, article two-c, chapter thirteen of the
code of West Virginia, one thousand nine hundred thirty-one, as
amended, be amended and reenacted to read as follows:
ARTICLE 2C. INDUSTRIAL DEVELOPMENT AND COMMERCIAL DEVELOPMENT
BOND ACT.
§13-2C-17. No notice, consent or publication required; school board exception.
No notice to or consent or approval by any other governmental
body or public officer shall be is required as a prerequisite to
the issuance or sale of any bonds or the making of any agreement,
a mortgage or deed of trust under the authority of this article.
No publication or notice shall be is necessary to the validity of
any resolution or proceeding had under this article, except for
notice to and the consent and approval of school boards of the
counties which have jurisdiction over the same or a portion of the
county or municipality that is proposing to issue the bonds or
enter into any agreement, mortgage or deed of trust pursuant to
this article. No publication or notice shall Notice to and
approval of the school board is necessary to the validity of any
resolution or proceeding under this article.
NOTE: The purpose of this bill is to except school boards
from those governmental bodies or public officers to whom no
notice, consent or publication is necessary regarding an intention
to issue bonds or enter into an agreement, mortgage or deed of
trust.
Strike-throughs indicate language that would be stricken from
the present law, and underscoring indicates new language that would
be added.