West Virginia SB636 allows intergovernmental agreements with the Land Stewardship Corporation.
West Virginia SB636 amends the West Virginia Land Reuse Agency Authorization Act to allow intergovernmental agreements with the Land Stewardship Corporation. The bill specifies the corporation's powers, limitations, and tax exemptions. It also outlines the process for creating a land reuse agency through an ordinance, detailing the agency's governance, operations, and responsibilities. The corporation can enter into agreements with local governments to act as a land reuse agency, provided payments in lieu of taxes are made.
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