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ACROSS SESSIONS
- Subject Index: Since 1995
- Bills & Resolutions: Since 1994
- Summaries: Since 1994
Developed and maintained by the Division of Legislative Automated Systems.
1994 SESSION
Be it enacted by the General Assembly of Virginia:
1. That § 15.1-1646 of the Code of Virginia is amended and reenacted as follows:
§ 15.1-1646. Eligible use of funds.
The Authority is hereby empowered to pledge its funds and make loans
and grants to or for the benefit of qualified private,
for-profit enterprises and public or, governmental or
corporate instrumentalities in the coalfield region of Virginia including any
political subdivision of the Commonwealth and the Breaks Interstate Park,
not-for-profit enterprises, nonprofit industrial development corporations, or
industrial development authorities for financing the following:
1. Purchase of real estate;
2. Grading of site(s);
3. Construction of flood control dams;
4. Water, sewer, natural gas and/or electrical line replacement
and/or extensions;
5. Construction or rehabilitation or expansion of buildings;
6. Construction of parking facilities;
7. Access roads construction and street improvements;
8. Purchase or lease of machinery and tools;
9. Performing any Such other improvements as are deemed
necessary by the Authority to meet its objectives accomplish the
purposes for which it was created; and
10. Construction of improvements at outside the Commonwealth if
in the Breaks Interstate Park as set forth in § 15.1-1646.1.
2. That § 15.1-1646.1 of the Code of Virginia is repealed.