The CDA boundaries shall initially include the property identified in Exhibit A, attached
to the ordinance from which this article is derived and presented to the board of
supervisors upon creation of the district (the "initial CDA district"). In accordance
with § 15.2-5157 of the Act, a copy of this article shall be recorded in the land
records of the Circuit Court of Chesterfield County for each tax map parcel in the
CDA district as such CDA district exists at the time of issuance of the CDA's bonds
(the "Bonds") and the CDA district shall be noted on the land records of the county.
The board of supervisors, upon the request of the CDA or the landowners, may, by adopting
an amendment to this article, release or exclude from the CDA district (i) at any
time before the issuance of the bonds certain portions of land as long as at least
250 acres of land remain in the CDA district and (ii) after the issuance of the bonds
only de minimis portions of land not to exceed approximately two acres. In addition,
the CDA may release and exclude from the CDA district parcels of land with respect
to which all special assessments have been paid or prepaid.
(Ord. of 8-23-06(1))
