SB 478 — Capital Region Airport Commission; authorized to make charitable donations to organizations, etc.

SESSION ENROLLED VIRGINIA ACTS OF ASSEMBLY ––-- 2022 SESSION CHAPTER E368 An Act to amend and reenact § 8, as amended, of Chapter 380 of the Acts of Assembly of 1980, relatedrelating to the Capital Region Airport Commission.

R O [S 478] Approved LApril L11, 2022 Be it enacted by the General Assembly of Virginia:

That § 8, as amended, of Chapter 380 of the Acts of Assembly of 1980 is amended and E reenacted as follows:

D§ The8. Commission is hereby granted, has and may exercise all powers necessary or appropriate to carry out and effectuate the purposes of this act, including, for purposes of illustration, the following:

Powers.

The Commission is hereby granted, has and may exercise all powers necessary or appropriate to carry out and effectuate the purposes of this act, including, for purposes of illustration, the following:

2.

To have perpetual succession;

To acquire, establish, construct, enlarge, improve, maintain, equip, operate and regulateBanyregulate any airports, air landing fields, structures, air navigation facilities and other property incident7lincidental thereto within the6.the territorial limits of the participating political subdivisions;

To6. construct, install, maintain and operate facilities for the servicing and storage of aErcraft and for the accommodation of cargo, freight, mail, express, etc., and for the accommodation and comfort of air travelers, and for lease or sale to industrial or commercial users, and to purchase and sell equipment and supplies as an incident to the operation of its airport facilities;

To construct, install, maintain and operate facilities for the servicing and storage of aircraft and for the accommodation of cargo, freight, mail, express, etc., and for the accommodation and comfort of air travelers, and for lease or sale to industrial or commercial users, and to purchase and sell equipment and supplies as an incident to the operation of its airport facilities;

To grant to others the privilege to operate for profit concessions, leases and franchises, including but not limited to the sale of airplanes, fuel, parts and equipment, the accommodation and comfort of persons using its facilities and the providing of ground transportation and parking facilities for such persons, and such concessions, leases, and franchises shall be exclusive or limited when it is necessary airportto propertyfurther and the airport'spublic resources;litysafety, improve the quality of service, avoid duplication of service, or conserve 8.airport property and the airport's resources;

8.

To apply for and accept gifts, or grants of money or gifts, grants, or loans of other property or other financial assistance from the United States of America and agencies and instrumentalities thereof, this Commonwealth and political subdivisions, agencies and instrumentalities thereof, or any other person or entity, for or in aid of the construction, acquisition, ownership, operation, maintenance or repair of the Commission's facilities or for the payment of principal of any indebtedness of the Commission, interest thereon or other cost incident thereto, and to this end the Commission shall have the power to render such services, comply with such conditions and execute such agreements, and legal instruments, as may be necessary, convenient or desirable or imposed as a condition to such financial aid;

acquire13. any property, real or personal, or any interest therein, and in connection therewith to assume or take subject to any indebtedness secured by such property;

To own, purchase, lease, obtain options upon, acquire by gift, grant, or bequest or otherwise acquire any property, real or personal, or any interest therein, and in connection therewith to assume or take subject to any indebtedness secured by such property;

exercise15. of its powers, including contracts for the management or operation of all or any part of its facilities;

To make and enter into all contracts, leases, and arrangements necessary or incidental to the exercise of 2its 16.powers, including contracts for the management or operation of all or any part of its facilities;

16.

of 2 17.