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2000 SESSION

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003876946
HOUSE BILL NO. 738 AMENDMENT IN THE NATURE OF A SUBSTITUTE (Proposed by the House Committee on Conservation and Natural Resources on February 9, 2000) (Patron Prior to Substitute--Delegate Suit) A BILL to allow a city with a population of 350,000 to sell an interest in open-space land without substituting another interest in land, provided that certain conditions are met.

Be it enacted by the General Assembly of Virginia:

1. § 1. That a city with a population of 350,000 or more may, at the request of the owner of the fee of any land protected by an open-space easement or other interest in land purchased by the city, sell such interest to the fee owner for the current full market value of the interest without complying with the requirement of subsection A of § 10.1-1704 of the Code of Virginia of substituting other real property for the land converted or diverted, if (i) the city determines by ordinance that the open-space land converted or diverted is no longer needed for open-space purposes, and (ii) no state or federal funds were used in connection with the city’s acquisition of such interest.