W. Va. Code R. § 205-1-11 - Issuance of Revenue Bonds by West Virginia Economic Development Authority

11.1. The Fund may request the West Virginia Economic Development Authority to issue revenue bonds, the proceeds of which shall be allocated to and expended for the Fund by the Economic Development Authority at the direction of the Board for purposes consistent with the conservation and financial criteria set forth in the code.

11.2. The Board shall direct the Economic Development Authority to issue bonds by a resolution approved by the Board. Likewise, the Board shall certify that projects receiving bond proceeds serve a public purpose and meet the criteria established by W. Va. Code § 5B-2G-9(d).

Notes

W. Va. Code R. § 205-1-11