2006 Code of Virginia § 3.1-50 - Grant of powers

3.1-50. Grant of powers.

The authority is hereby authorized and empowered:

(a) To lease, purchase, construct, maintain, repair and operate the marketwithin or without the corporate limits of such city or county upon landsowned or leased by the authority;

(b) To issue bonds of the authority, and to refund its bonds, all as providedin this article;

(c) To borrow money in anticipation of the issuance of bonds, for any of itspurposes, and to issue notes, certificates or other evidence of suchborrowing in such form as may be authorized by resolution of the authority,such notes, certificates or other evidence of such borrowing to be payable inthe first instance from the proceeds of any bonds issued under the provisionsof this article and to contain on their face a statement to the effect thatneither the Commonwealth, the authority nor such city or county shall beobligated to pay the same or the interest thereon except from the proceeds ofbonds in anticipation of the issuance of which such notes, certificates, orother evidences of borrowing shall have been issued, or from revenues of theoperation of the market, and that neither the faith and credit nor the taxingpower of the Commonwealth or of such city or county is pledged to the paymentof the principal of or the interest on such bonds, and such notes,certificates or other evidences of borrowing may be sold in such manner,either at public or negotiated sale and for such price as the authority maydetermine;

(d) To fix and revise from time to time and charge and collect tolls, fees,rents, and other charges for the use of the market and its facilities or anypart thereof;

(e) To establish rules and regulations for the use of the market or any partthereof;

(f) To acquire, hold and dispose of real and personal property in theexercise of its powers and the performance of its duties;

(g) To make and enter into all contracts and agreements necessary orincidental to the performance of its duties and the execution of its powersunder this article;

(h) To employ, in its discretion, consulting engineers, attorneys,accountants, construction and financial experts, superintendents andmanagers, and to employ graders and classifiers under the federal-Stateinspection service and such other employees and agents as may be necessary inits judgment for the construction, maintenance and operation of the market,and to fix their compensation;

(i) To receive and accept from the federal government, the Commonwealth, orsuch city or county, or from any agency or instrumentality thereof, or fromany person, firm or corporation, gifts and grants for any of the purposes ofthe authority, and to receive and accept aid or contributions from any othersource of either money, property, labor or other things of value, to be held,used and applied only for the purposes for which such grants andcontributions may be made;

(j) To enter upon any lands or premises for the purpose of making suchsurveys, borings and examinations as the authority may deem necessary orconvenient for its purposes, and such entry shall not be deemed a trespass,nor shall an entry for such purposes be deemed an entry under anycondemnation proceedings; provided, however, the authority shall pay anyactual damage resulting to such lands or premises as a result of such entryand activities as a part of the cost of the market;

(k) To sue and to be sued; to have a seal and to alter the same at itspleasure, and to make and from time to time amend and repeal bylaws, rulesand regulations not inconsistent with law to carry into effect the powers andpurposes of the authority;

(l) To lease the market facilities or any of them, or to grant privileges forthe use thereof to farmers, wholesale dealers and other persons engagedprimarily in the wholesale marketing of perishable farm produce, whether inbuying or selling in consideration of the payment of such tolls, fees, rentsor other charges, and upon such terms and conditions as the authority mayprescribe or as may be agreed upon by the authority and such farmers, dealersand other persons;

(m) To provide upon the market premises a building or facilities suitable andadequate for the operation of a restaurant and such other services as may benecessary to accommodate the requirements of persons buying and selling suchproduce and of persons employed at the market, and to lease such building orfacilities to a responsible operator upon such terms and conditions as may beagreed upon by the authority and such operator;

(n) To provide upon the market premises such sanitary facilities and parkingspace as may be necessary to accommodate the requirements of personstransacting business at the market and of persons employed thereat;

(o) To prescribe and designate reasonable grades and classes for the variouskinds of perishable farm produce sold at the market, which grades and classesshall conform to those established pursuant to the laws of the Commonwealth,the United States of America or ordinances of such city or county wheneverthey or any of them are applicable;

(p) To permit the selling and buying of food products other than perishablefarm produce at the market only as a function incident to the operation ofthe market;

(q) To do all other acts and things necessary or convenient to carry out thepowers expressly granted in this article.

(Code 1950, 3-79.4; 1954, c. 407; 1966, c. 702.)