CHAPTER 162
An Act to amend and reenact § 1 of Chapter 397 of the Acts of Assembly of 1987, relating to the Chesapeake Port Authority; City of Chesapeake Economic Development Authority.
Approved February 23, 2017
Be it enacted by the General Assembly of Virginia:
1. That § 1 of Chapter 397 of the Acts of Assembly of 1987 is amended and reenacted as follows:
§ 1. Creation of Authority.
There is hereby created in the City of Chesapeake a political subdivision of the Commonwealth, with the public and corporate powers hereinafter set forth, to be known as the "Chesapeake Port Authority." The City Council of Chesapeake may by ordinance transfer any right, power, or privilege granted to the Chesapeake Port Authority by the creation of this act to the Chesapeake Economic Development Authority created pursuant to Article VII of Chapter 2 of the Code of Ordinances of the City of Chesapeake at which time the Chesapeake Port Authority shall be dissolved.