Code of Virginia (Last Updated:July 28, 2020) |
TITLE 15.2. Counties, Cities and Towns |
SUBTITLE II. Powers of Local Government |
CHAPTER 21. Franchises; Sale and Lease of Certain Municipal Public Property; Public Utilities |
ARTICLE 2. General Provisions for Public Utilities |
SECTION 15.2-2114.01. Local Stormwater Management Fund; grant moneys |
Any locality may by ordinance create a local Stormwater Management Fund consisting of appropriated local moneys for the purpose of granting funds to an owner of private property or a common interest community for stormwater management and erosion prevention on previously developed lands. Grants from such fund shall be used only for the construction, improvement, or repair of a stormwater management facility or for erosion and sediment control. |