15.2-1308 - Incentives for certain joint activities by local governments. - Virginia Statutes

§ 15.2-1308. Incentives for certain joint activities by local governments.

A. The General Assembly may establish a fund to be used to encourage regionalstrategic planning and cooperation. Specifically, the incentive fund shall beused to encourage and reward regional strategic economic development planningand joint activities as described in § 15.2-1309.

B. The fund shall be administered by the Department of Housing and CommunityDevelopment and distributed to the qualifying localities in installmentsunder the terms and conditions of applicable statutes and by proceduresadopted by the Department.

C. All departments, agencies, institutions, and local governments of theCommonwealth shall make available such information and assistance as theDepartment may request in the performance of its responsibilities set forthin this section.

(1996, cc. 1045, 1055, § 15.1-1227.3; 1997, c. 587; 2003, cc. 55, 77.)