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Current as of January 01, 2024 | Updated by Findlaw Staff
The development office has the following powers and duties, in addition to those set forth in this case, necessary to carry out the purposes of this article including, but not limited to:
(1) Make approval of all applications for projects and enter into agreements pertaining to projects with approved companies;
(2) Employ fiscal consultants, attorneys, appraisers and other agents as the executive director of the development office finds necessary or convenient for the preparation and administration of agreements and documents necessary or incidental to any project; and
(3) Impose and collect fees and charges in connection with any transaction.
(4) Impose and collect from the applicant a non-refundable application fee in the amount of $10,000 to be paid to the Development Office when the application is filed.
Cite this article: FindLaw.com - West Virginia Code Chapter 5B. Economic Development Act of 1985 § 5B-2E-4. Additional powers and duties of the development office - last updated January 01, 2024 | https://codes.findlaw.com/wv/chapter-5b-economic-development-act-of-1985/wv-code-sect-5b-2e-4/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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