West Virginia SB625 outlines the responsibilities of a public service district board during dissolution or merger.
West Virginia SB625 amends the Code of West Virginia to specify the duties of a public service district board when the district is being dissolved, sold, or merged. The board must cooperate with the county commission in selling district assets and executing necessary documents. If the district sells, leases, or rents its water, sewer, stormwater, or gas system, the proceeds, after paying off bonds and obligations, are distributed to contributors and any remaining funds go to the county commission.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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