[Ord. No. 10-04, 6-22-2010]
The name of the regional authority described in this division shall be the George Washington Toll Road Authority.
[Ord. No. 10-04, 6-22-2010]
The George Washington Toll Road Authority is implemented pursuant to Chapter 801 of the 2009 Acts of the Assembly, to design, finance, construct, and operate a public highway connection in the Route 3 corridor, as more specifically set forth in the authorizing legislation. The authority shall have all those powers and duties as set forth in the authorizing legislation.
[Ord. No. 10-04, 6-22-2010]
Membership in the authority shall be two participating localities — the City of Fredericksburg and the County of Spotsylvania. After the authority has been in existence for at least one year, additional members from contiguous localities may be admitted as members by a vote of at least 70% of Board members, as set forth in the authorizing legislation.
[Ord. No. 10-04, 6-22-2010]
The authority shall be governed by a Board of Directors consisting of seven members, all with voting powers: three members to be appointed by the City of Fredericksburg from among its elected officials; three members to be appointed by the County of Spotsylvania from among its elected officials; and the Commissioner of the Virginia Department of Transportation or his designee. The terms of office of each member of the Board shall be as set forth in the authorizing legislation; the Board shall elect such officers and adopt such rules as directed by the authorizing legislation.
[Ord. No. 10-04, 6-22-2010]
Any member locality may withdraw from the authority, provided that member repays its share of any authority indebtedness outstanding at the time of withdrawal. The withdrawal of all members or all but one member shall constitute the dissolution of the authority. Upon dissolution of the authority, all authority facilities, including highways and limited access highways, shall revert to the participating localities.