Legal Opinion
Mayor & Members of City Council of Lexington v. Industrial Development Authority
Supreme Court of Virginia
Decided March 6, 1981No. Record No. 800457PublishedCited by 13 opinions
1Opinion of the CourtHarrison, J.
The threshold question here is whether under Virginia’s Industrial Development and Revenue Bond Act (Act), Code §§ 15.1-1373 to -91, the Industrial Development Authority of Rockbridge County (Authority) may issue bonds to finance the construction and equipping of a retail sales facility. We must also determine whether the Authority may bring this proceeding to validate such bonds under Virginia’s Public Finance Act, Code §§ 15.1-170 to -227.
The Authority was created in 1967 by the Board of Supervisors of Rockbridge County pursuant to the provisions of the Act and has operated continuously…
2Cases cited6 opinions
- Norfolk Southern Railway Co. v. LassiterSupreme Court of Virginia · 1952
- Fairfax County Industrial Development Authority v. CoynerSupreme Court of Virginia · 1966
- Weatherford v. ArterWest Virginia Supreme Court · 1951
- Industrial Development Authority v. La France Cleaners & Laundry Corp.Supreme Court of Virginia · 1975
- Industrial Development Authority v. SuthersSupreme Court of Virginia · 1967
1 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Maready v. City of Winston-SalemSupreme Court of North Carolina · 1996
- City of Chesapeake v. Gardner Enterprises, Inc.Supreme Court of Virginia · 1997
- Pound v. Department of Game & Inland FisheriesCourt of Appeals of Virginia · 2003
- Habel v. Industrial Development AuthoritySupreme Court of Virginia · 1991
- Short Pump Town Center Community Development Authority v. HahnSupreme Court of Virginia · 2001
8 more not listed; retrieve them via the Exa API.