This bill amends the Code of West Virginia to clarify the responsibilities of a public service district's board when the district is being dissolved, sold, or merged with another public service district. It stipulates that if a majority of the board members believe it is in the district's best interest to sell, lease, or rent its water, sewer, stormwater, or gas system, they may proceed with the transaction under certain conditions. These conditions include the requirement for a public hearing, approval from the relevant county commission, and approval from the Public Service Commission of West Virginia.
Additionally, the bill introduces provisions that exempt the board from the notice, hearing, and approval process if the county commission has already ordered the dissolution and sale or merger of the district's system and received the necessary approvals. It also mandates that the board cooperate with the county commission in the sale of district assets and execute any necessary documents. Finally, the bill outlines how proceeds from such sales should be distributed, ensuring that contributions made towards the construction of the systems are reimbursed before any remaining funds are allocated to the county commission.
Statutes affected: Introduced Version: 16-13A-18a