SEARCH SITE
VIRGINIA LAW PORTAL
- Code of Virginia
- Virginia Administrative Code
- Constitution of Virginia
- Charters
- Authorities
- Compacts
- Uncodified Acts
- RIS Users (account required)
SEARCHABLE DATABASES
- Bills & Resolutions
session legislation - Bill Summaries
session summaries - Reports to the General Assembly
House and Senate documents - Legislative Liaisons
State agency contacts
ACROSS SESSIONS
- Subject Index: Since 1995
- Bills & Resolutions: Since 1994
- Summaries: Since 1994
Developed and maintained by the Division of Legislative Automated Systems.
2001 SESSION
Be it enacted by the General Assembly of Virginia:
1. That § 15.2-941 of the Code of Virginia is amended and reenacted as follows:
§ 15.2-941. Participation by local government in certain loan programs.
Any locality or other political subdivision may participate in a program known
as the "Virginia Shell Building Initiative." It is the intent of the General
Assembly that this program, administered by the Virginia Economic Development
Partnership, makes make available moneys to any locality or any other political
subdivision for the express purpose of constructing industrial shell buildings,
or renovating existing buildings, to be sold or leased at public or private
sale to any person that will locate thereon any manufacturing, processing,
technology-related or similar establishment.
Prior to filing an application with the Authority to participate in this program, the governing body shall hold a public hearing on the application and disposal of the proposed industrial shell buildings and related real estate. This public hearing process shall fulfill the public hearing requirements for the disposal of property set forth in § 15.2-1800.