Richmond Metropolitan Transportation Authority
Planning District: Richmond Regional Planning District Commission
Entity Type: AuthorityVisit Borrower's Website
RMA was created in March 1966 by an Act of the General Assembly of the Commonwealth of Virginia for the initial purpose of constructing and operating a toll expressway system to serve the Richmond metropolitan area. In 1973, the Act was amended to authorize the Authority to provide vehicular parking facilities for the Richmond metropolitan area. An additional amendment in 1984 authorized RMA to acquire land, construct, and own a baseball stadium, and to lease such land, stadium, and attendant facilities. In 1992, another amendment authorized RMA to own and operate sports facilities of any nature, including facilities reasonably related thereto and lease such facilities as RMA may prescribe.