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FARMER'S FOODS v. INDUSTRIAL DEV. AUTH.

Record No. 800786.

275 S.E.2d 891 (1981)

FARMER'S FOODS, INC. v. INDUSTRIAL DEVELOPMENT AUTHORITY OF the TOWN OF CHASE CITY, Virginia.

Supreme Court of Virginia.

March 6, 1981.

Attorney(s) appearing for the Case

Raymond R. Robrecht, Salem, for appellant.

Alfred L. Shilling, Richmond (John M. White-Hurst, Chase City, David L. Richardson, Bonnie M. France, McGuire, Woods & Battle, Richmond, on brief), for appellee.

Before HARRISON, COCHRAN, POFF, COMPTON and THOMPSON, JJ.

HARRISON, Justice.

The Industrial Development Authority of the Town of Chase City, Virginia (Authority) was created on December 11, 1967, by the Council of the Town pursuant to the provisions of the Industrial Development and Revenue Bond Act (Act), Code §§ 15.1-1373-91. It is a political subdivision of the Commonwealth of Virginia and has been in continuous operation since its creation. On October 9, 1979, the Authority unanimously adopted a resolution...

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