{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/5.1-30.1.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/5.1-30.1.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/5.1-30.1.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/5.1-30.1.html"}],"law_id":65035,"edition_id":1,"section_id":65035,"structure_id":15281,"section_number":"5.1-30.1","catch_line":"Definitions","history":"1999, c. 897.","full_text":"As used in this chapter, unless the context requires otherwise:\n\t\t“Authority” means the Virginia Resources Authority created in Chapter 21 (\u00a7 62.1-197 et seq.) of Title 62.1.\n\t\t“Cost,” as applied to any project financed under the provisions of this chapter, means the total of all costs incurred by the local government as reasonable and necessary for carrying out all works and undertakings necessary or incident to the accomplishment of any project. It includes, without limitation, all necessary developmental, planning and feasibility studies, surveys, plans and specifications; architectural, engineering, financial, legal or other special services; the cost of acquisition of land and any buildings and improvements thereon, including the discharge of any obligations of the sellers of such land, buildings or improvements; site preparation and development, including demolition or removal of existing structures; construction and reconstruction; labor; materials, machinery and equipment; the reasonable costs of financing incurred by the local government in the course of the development of the project; carrying charges incurred before placing the project in service; interest on funds borrowed to finance the project to a date subsequent to the estimated date the project is to be placed in service; necessary expenses incurred in connection with placing the project in service; the funding of accounts and reserves which the Authority may require; and the cost of other items which the Authority determines to be reasonable and necessary.\n\t\t“Fund” means the Virginia Airports Revolving Fund created by this chapter.\n\t\t“Local government” means any county, city, town, municipal corporation, authority, district, commission or political subdivision created by the General Assembly or pursuant to the Constitution or laws of the Commonwealth or any combination of any two or more of the foregoing.\n\t\t“Project” means all or any part of an airport as defined in \u00a7 5.1-1 and may consist of or include any or all facilities related to the needs or convenience of passengers, shipping companies, and airlines, together with any or all buildings or other structures, improvements, additions, extensions, replacements, machinery or equipment, and any or all appurtenances, lands, rights in land, avigation rights, water rights, rights-of-way, franchises, furnishings, landscaping, utilities, approaches, roadways, or other facilities necessary or desirable in connection therewith or incidental thereto.","order_by":null,"text":{"0":{"id":236715,"text":"As used in this chapter, unless the context requires otherwise:\n\t\t“Authority” means the Virginia Resources Authority created in Chapter 21 (\u00a7 62.1-197 et seq.) of Title 62.1.\n\t\t“Cost,” as applied to any project financed under the provisions of this chapter, means the total of all costs incurred by the local government as reasonable and necessary for carrying out all works and undertakings necessary or incident to the accomplishment of any project. It includes, without limitation, all necessary developmental, planning and feasibility studies, surveys, plans and specifications; architectural, engineering, financial, legal or other special services; the cost of acquisition of land and any buildings and improvements thereon, including the discharge of any obligations of the sellers of such land, buildings or improvements; site preparation and development, including demolition or removal of existing structures; construction and reconstruction; labor; materials, machinery and equipment; the reasonable costs of financing incurred by the local government in the course of the development of the project; carrying charges incurred before placing the project in service; interest on funds borrowed to finance the project to a date subsequent to the estimated date the project is to be placed in service; necessary expenses incurred in connection with placing the project in service; the funding of accounts and reserves which the Authority may require; and the cost of other items which the Authority determines to be reasonable and necessary.\n\t\t“Fund” means the Virginia Airports Revolving Fund created by this chapter.\n\t\t“Local government” means any county, city, town, municipal corporation, authority, district, commission or political subdivision created by the General Assembly or pursuant to the Constitution or laws of the Commonwealth or any combination of any two or more of the foregoing.\n\t\t“Project” means all or any part of an airport as defined in \u00a7 5.1-1 and may consist of or include any or all facilities related to the needs or convenience of passengers, shipping companies, and airlines, together with any or all buildings or other structures, improvements, additions, extensions, replacements, machinery or equipment, and any or all appurtenances, lands, rights in land, avigation rights, water rights, rights-of-way, franchises, furnishings, landscaping, utilities, approaches, roadways, or other facilities necessary or desirable in connection therewith or incidental thereto.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":15281,"edition_id":1,"name":"Virginia Airports Revolving Fund","identifier":"2.1","label":"chapter","depth":2,"order_by":1,"parent_id":13105,"metadata":{},"date_created":"2026-06-26 03:53:36","date_modified":"2026-06-26 03:53:36","permalink":{"id":233737,"object_type":"structure","relational_id":15281,"identifier":"2.1","token":"5.1\/2.1","url":"\/5.1\/2.1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13105,"edition_id":1,"name":"Aviation","identifier":"5.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:17","date_modified":"2026-06-26 03:44:17","permalink":{"id":233299,"object_type":"structure","relational_id":13105,"identifier":"5.1","token":"5.1","url":"\/5.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":65035,"structure_id":15281,"section_number":"5.1-30.1","catch_line":"Definitions","url":"\/5.1-30.1\/","token":"5.1\/2.1\/5.1-30.1","metadata":false},{"id":77164,"structure_id":15281,"section_number":"5.1-30.10","catch_line":"Liberal construction of chapter","url":"\/5.1-30.10\/","token":"5.1\/2.1\/5.1-30.10","metadata":false},{"id":68946,"structure_id":15281,"section_number":"5.1-30.2","catch_line":"Creation and management of Virginia Airports Revolving Fund","url":"\/5.1-30.2\/","token":"5.1\/2.1\/5.1-30.2","metadata":false},{"id":60301,"structure_id":15281,"section_number":"5.1-30.3","catch_line":"Deposit of money; expenditures; investments","url":"\/5.1-30.3\/","token":"5.1\/2.1\/5.1-30.3","metadata":false},{"id":58252,"structure_id":15281,"section_number":"5.1-30.4","catch_line":"Collection of money due Fund","url":"\/5.1-30.4\/","token":"5.1\/2.1\/5.1-30.4","metadata":false},{"id":67294,"structure_id":15281,"section_number":"5.1-30.5","catch_line":"Loans to local governments","url":"\/5.1-30.5\/","token":"5.1\/2.1\/5.1-30.5","metadata":false},{"id":59316,"structure_id":15281,"section_number":"5.1-30.6","catch_line":"Pledge of loans to secure bonds of Authority","url":"\/5.1-30.6\/","token":"5.1\/2.1\/5.1-30.6","metadata":false},{"id":58175,"structure_id":15281,"section_number":"5.1-30.7","catch_line":"Sale of loans","url":"\/5.1-30.7\/","token":"5.1\/2.1\/5.1-30.7","metadata":false},{"id":72911,"structure_id":15281,"section_number":"5.1-30.8","catch_line":"Powers of the Authority","url":"\/5.1-30.8\/","token":"5.1\/2.1\/5.1-30.8","metadata":false},{"id":67058,"structure_id":15281,"section_number":"5.1-30.9","catch_line":"Report to the General Assembly and Governor","url":"\/5.1-30.9\/","token":"5.1\/2.1\/5.1-30.9","metadata":false}],"next_section":{"id":77164,"structure_id":15281,"section_number":"5.1-30.10","catch_line":"Liberal construction of chapter","url":"\/5.1-30.10\/","token":"5.1\/2.1\/5.1-30.10","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/5.1-30.1\/","history_text":"

This law was first created in 1999. The record of its establishment is cataloged in chapter 897<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":[{"id":80022,"section_number":"62.1-199","catch_line":"Definitions","order_by":null,"url":"\/62.1-199\/"}],"refers_to":[{"id":56783,"section_number":"5.1-1","catch_line":"(Effective July 1, 2030) Definitions","order_by":null,"url":"\/5.1-1\/"},{"id":85141,"section_number":"62.1-197","catch_line":"Short title","order_by":null,"url":"\/62.1-197\/"}],"permalink":{"id":233739,"object_type":"law","relational_id":65035,"identifier":"5.1-30.1","token":"5.1\/2.1\/5.1-30.1","url":"\/5.1-30.1\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/5.1-30.1\/","token":"5.1\/2.1\/5.1-30.1","dublin_core":{"Title":"Definitions","Type":"Text","Format":"text\/html","Identifier":"\u00a7 5.1-30.1","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

As used in this chapter, unless the context requires otherwise:\n\t\t“Authority<\/span>” means the Virginia Resources Authority<\/span> created in Chapter 21 (\u00a7 62.1-197<\/a> et seq.) of Title 62.1.\n\t\t“Cost,” as applied to any project<\/span> financed under the provisions of this chapter, means the total of all costs incurred by the local government<\/span> as reasonable and necessary for carrying out all works and undertakings necessary or incident to the accomplishment of any project<\/span>. It includes, without limitation, all necessary developmental, planning and feasibility studies, surveys, plans and specifications; architectural, engineering, financial, legal or other special services; the cost of acquisition of land and any buildings and improvements thereon, including the discharge of any obligations of the sellers of such land, buildings or improvements; site preparation and development, including demolition or removal of existing structures; construction and reconstruction; labor; materials<\/span>, machinery and equipment; the reasonable costs of financing incurred by the local government<\/span> in the course of the development of the project<\/span>; carrying charges incurred before placing the project<\/span> in service; interest on funds<\/span> borrowed to finance the project<\/span> to a date subsequent to the estimated date the project<\/span> is to be placed in service; necessary expenses incurred in connection with placing the project<\/span> in service; the funding of accounts and reserves which the Authority<\/span> may require; and the cost of other items which the Authority<\/span> determines to be reasonable and necessary.\n\t\t“Fund<\/span>” means the Virginia Airports<\/span> Revolving Fund<\/span> created by this chapter.\n\t\t“Local government<\/span>” means any county, city, town, municipal corporation, authority<\/span>, district, commission or political subdivision created by the General Assembly or pursuant to the Constitution or laws<\/span> of the Commonwealth or any combination of any two or more of the foregoing.\n\t\t“Project<\/span>” means all or any part of an airport<\/span> as defined in \u00a7 5.1-1<\/a> and may consist of or include any or all facilities related to the needs or convenience of passengers, shipping companies, and airlines, together with any or all buildings or other structures, improvements, additions, extensions, replacements, machinery or equipment, and any or all appurtenances, lands, rights in land, avigation rights, water rights, rights-of-way, franchises, furnishings, landscaping, utilities, approaches, roadways, or other facilities necessary or desirable in connection therewith or incidental thereto.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nDEFINITIONS (\u00a7 5.1-30.1)\n\nAs used in this chapter, unless the context requires otherwise:\n\t\t“Authority” means the Virginia Resources Authority created in\nChapter 21 (\u00a7 62.1-197 et seq.) of Title 62.1.\n\t\t“Cost,” as applied to any project financed under the provisions of\nthis chapter, means the total of all costs incurred by the local government as\nreasonable and necessary for carrying out all works and undertakings necessary\nor incident to the accomplishment of any project. It includes, without\nlimitation, all necessary developmental, planning and feasibility studies,\nsurveys, plans and specifications; architectural, engineering, financial, legal\nor other special services; the cost of acquisition of land and any buildings and\nimprovements thereon, including the discharge of any obligations of the sellers\nof such land, buildings or improvements; site preparation and development,\nincluding demolition or removal of existing structures; construction and\nreconstruction; labor; materials, machinery and equipment; the reasonable costs\nof financing incurred by the local government in the course of the development\nof the project; carrying charges incurred before placing the project in service;\ninterest on funds borrowed to finance the project to a date subsequent to the\nestimated date the project is to be placed in service; necessary expenses\nincurred in connection with placing the project in service; the funding of\naccounts and reserves which the Authority may require; and the cost of other\nitems which the Authority determines to be reasonable and necessary.\n\t\t“Fund” means the Virginia Airports Revolving Fund created by this\nchapter.\n\t\t“Local government” means any county, city, town, municipal\ncorporation, authority, district, commission or political subdivision created by\nthe General Assembly or pursuant to the Constitution or laws of the Commonwealth\nor any combination of any two or more of the foregoing.\n\t\t“Project” means all or any part of an airport as defined in \u00a7\n5.1-1 and may consist of or include any or all facilities related to the needs\nor convenience of passengers, shipping companies, and airlines, together with\nany or all buildings or other structures, improvements, additions, extensions,\nreplacements, machinery or equipment, and any or all appurtenances, lands,\nrights in land, avigation rights, water rights, rights-of-way, franchises,\nfurnishings, landscaping, utilities, approaches, roadways, or other facilities\nnecessary or desirable in connection therewith or incidental thereto.\n\nHISTORY: 1999, c. 897.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}