Bill Text: VA HB726 | 2012 | Regular Session | Comm Sub

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Sale of property; City of Newport News to sell certain property for nominal amount.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2012-03-30 - Governor: Acts of Assembly Chapter text (CHAP0439) [HB726 Detail]

Download: Virginia-2012-HB726-Comm_Sub.html

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12104780D
HOUSE BILL NO. 726 AMENDMENT IN THE NATURE OF A SUBSTITUTE (Proposed by the House Committee on Counties, Cities and Towns on January 27, 2012) (Patron Prior to Substitute--Delegate Yancey) A BILL to allow the City of Newport News to sell certain property for a nominal amount.

Be it enacted by the General Assembly of Virginia:

1.  §1. The City of Newport News may by ordinance provide for the sale of property that is not suitable for development for the nominal amount of one dollar if such property (i) was owned by the city on January 1, 2012, and (ii) is a parcel of 1,500 square feet or less.

2.  That the provisions of this act shall expire on July 1, 2014.