Winchester Parking Authority Act; amends Act to grant Authority power to sell, etc.

An Act to amend and reenact § 6 of Chapter 221 of the Acts of Assembly of 1964, relating to Winchester Parking Authority Act.
Be it enacted by the General Assembly of Virginia:
1. That § 6 of Chapter 221 of the Acts of Assembly of 1964 is amended and reenacted as follows:
§ 6. General grant of powers.
The Authority created hereunder shall be deemed to be a public instrumentality exercising public and essential governmental functions to provide for the public health and welfare, and each such Authority is hereby authorized and empowered:
(a) to adopt by-laws for the regulation of its affairs and the conduct of its business;
(b) to adopt an official seal and alter the same at pleasure;
(c) to maintain an office at such place or places as it may designate;
(d) to sue and be sued in its own name, plead and be impleaded;
(e) to construct, reconstruct, equip, improve, extend, enlarge, maintain, repair and operate parking facilities within the corporate limits of the organizing municipality;
(f) to issue revenue bonds of the Authority as hereinafter provided to pay the cost of such construction, reconstruction, equipment, improvement, extension or enlargement;
(g) to issue revenue refunding bonds of the Authority as hereinafter provided;
(h) to fix and revise from time to time and to charge and collect rates, rentals, fees and other charges for the services and facilities furnished by such parking facilities, and to establish and revise from time to time regulations in respect of the use, operation and occupancy of such parking facilities or part thereof;
(i) to acquire in the name of the Authority by gift
,
or purchase
,
any lands or rights in lands and interest therein,
and
to acquire such personal property
,
as it may deem necessary in connection with the construction, reconstruction, improvement, extension, enlargement or operation of any parking facilities
, and to sell, lease as lessor, transfer, or dispose of any property or interest thereby acquired by it
;
(j) to lease all or any part of such parking facilities upon such terms and conditions and for such term of years as it may deem advisable to carry out the provisions of this Act;
provided,
however,
that
no enterprise involving the sale or dispensing of any product or commodity used in or for the servicing of motor vehicles shall be conducted on any space thereon;
(k) to make and enter into all contracts and agreements necessary or incidental to the performance of its duties and the execution of its powers under this Act, including a trust agreement or trust agreements securing any revenue bonds issued hereunder, and to employ such consulting and other engineers, superintendents, managers, construction and financial experts, accountants and attorneys and such employees and agents as may, in the judgment of the Authority, be deemed necessary, and to fix their compensation;
provided,
however,
that
all such expenses shall be payable solely from funds made available under the provisions of this Act;
and
(l) to do all acts and things necessary or convenient to carry out the powers granted by this Act
; and
.
(m) nothing
Nothing
in this Act shall be construed as authorizing the Authority or any lessee to furnish or dispense at, or in connection with, any parking lot or area authorized by this Act, any product or service other than parking of vehicles.