<?xml version="1.0"?>
<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>65271</law_id><section_number>56-540</section_number><catch_line>Application</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>56-546</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="56">Public Service Companies</unit><unit label="chapter" level="2" order_by="1" identifier="20">Virginia Highway Corporation Act of 1988</unit></structure><text>
						<section><p>The <span class="dictionary">Commission</span> may charge a reasonable application fee to cover the costs of processing, reviewing, and approving or denying the application. The application for a <span class="dictionary">certificate</span> of authority shall contain the following <span class="dictionary">material</span> and information:</p></section>
						<section id="1"><p><span class="prefix-number">1.</span> The geographic area to be served by the <span class="dictionary">roadway</span> and a topographic map indicating the route of the <span class="dictionary">roadway</span>; <a id="paragraph-237386" class="section-permalink" href="https://vacode.org/56-540/#1"><i class="fa fa-link"/></a></p></section>
						<section id="2"><p><span class="prefix-number">2.</span> A list of the property owners through whose property the <span class="dictionary">roadway</span> or <span class="dictionary">highway</span> will pass or whose property will abut the <span class="dictionary">roadway</span> or <span class="dictionary">highway</span>; <a id="paragraph-237387" class="section-permalink" href="https://vacode.org/56-540/#2"><i class="fa fa-link"/></a></p></section>
						<section id="3"><p><span class="prefix-number">3.</span> The method by which the <span class="dictionary">operator</span> will secure all right-of-way required for the <span class="dictionary">roadway</span>, including a description of the nature of the interest in the lands to be acquired, which shall provide, at a minimum, for permanent dedication for transportation purposes, except that in cases in which the <span class="dictionary">Department</span> would not have authority to condemn land because of the identity of the owner, the interest to be acquired shall be of the same type and duration as that which the <span class="dictionary">Department</span> would obtain under the circumstances; <a id="paragraph-237388" class="section-permalink" href="https://vacode.org/56-540/#3"><i class="fa fa-link"/></a></p></section>
						<section id="4"><p><span class="prefix-number">4.</span> The comprehensive plan or plans for all counties, cities, and towns through which the <span class="dictionary">roadway</span> will pass and an analysis which shows that the <span class="dictionary">roadway</span> conforms to these comprehensive plans. To the extent that the <span class="dictionary">roadway</span> conforms to such plans, the <span class="dictionary">fact</span> that the <span class="dictionary">operator</span> is not the Commonwealth shall not affect the construction and <span class="dictionary">operation</span> of the <span class="dictionary">roadway</span>; <a id="paragraph-237389" class="section-permalink" href="https://vacode.org/56-540/#4"><i class="fa fa-link"/></a></p></section>
						<section id="5"><p><span class="prefix-number">5.</span> The <span class="dictionary">operator</span>&#x2019;s plan for financing the proposed construction or enlargement of the <span class="dictionary">roadway</span>, including proposed <span class="dictionary">tolls</span> to be charged for use of the <span class="dictionary">roadway</span>, projected amounts to be collected from such <span class="dictionary">tolls</span> and anticipated traffic volume and detailed plans for distribution of funds, including the priority in which necessary expenditures will be made. The plan for financing may be structured to include, without limitation, provisions for the issuance of debt, <span class="dictionary">equity</span>, or other securities, lease financing, the pledge of revenues or other <span class="dictionary">assets</span> or rights of the <span class="dictionary">operator</span>, or any combination thereof; <a id="paragraph-237390" class="section-permalink" href="https://vacode.org/56-540/#5"><i class="fa fa-link"/></a></p></section>
						<section id="6"><p><span class="prefix-number">6.</span> The <span class="dictionary">operator</span>&#x2019;s plan for <span class="dictionary">operation</span> of the proposed <span class="dictionary">roadway</span> or enlargement thereof; <a id="paragraph-237391" class="section-permalink" href="https://vacode.org/56-540/#6"><i class="fa fa-link"/></a></p></section>
						<section id="7"><p><span class="prefix-number">7.</span> A list of all permits and approvals required for construction of the <span class="dictionary">roadway</span> from local, state, or federal agencies and a schedule for securing such approvals; <a id="paragraph-237392" class="section-permalink" href="https://vacode.org/56-540/#7"><i class="fa fa-link"/></a></p></section>
						<section id="8"><p><span class="prefix-number">8.</span> An overall description of the project, the project design, and all proposed interconnections with the state <span class="dictionary">highway</span> system, including any interstate <span class="dictionary">highway</span>, or secondary system of <span class="dictionary">highways</span> or the streets or roads of any county, city, or town not within the state <span class="dictionary">highway</span> system, accompanied by a copy of the approval of the project, the <span class="dictionary">roadway</span> design and interconnections from the <span class="dictionary">Board</span>, as well as the county, city, or town for connection with a street or road not under state control; <a id="paragraph-237393" class="section-permalink" href="https://vacode.org/56-540/#8"><i class="fa fa-link"/></a></p></section>
						<section id="9"><p><span class="prefix-number">9.</span> A list of public utility facilities to be crossed and plans for such crossings or relocations of such facilities; <a id="paragraph-237394" class="section-permalink" href="https://vacode.org/56-540/#9"><i class="fa fa-link"/></a></p></section>
						<section id="10"><p><span class="prefix-number">10.</span> A <span class="dictionary">certificate</span> of the <span class="dictionary">operator</span> that the <span class="dictionary">roadway</span> will be designed and constructed to meet <span class="dictionary">Department</span> standards, and substantially in accordance with a proposed timetable which is agreeable to the <span class="dictionary">Department</span>, and that the <span class="dictionary">operator</span> will provide a design, review, and inspection agreement with the <span class="dictionary">Department</span> which shall provide that the <span class="dictionary">Department</span> shall authorize construction upon review and approval of the plans and specifications for the <span class="dictionary">roadway</span> and its interconnection with other roads, and that it shall inspect periodically the progress of the construction work to ensure its compliance with the <span class="dictionary">Department</span> standards; and <a id="paragraph-237395" class="section-permalink" href="https://vacode.org/56-540/#10"><i class="fa fa-link"/></a></p></section>
						<section id="11"><p><span class="prefix-number">11.</span> Completion and performance <span class="dictionary">bonds</span> in form and amount satisfactory to the <span class="dictionary">Commission</span>, which amounts shall be set after consultation with the <span class="dictionary">Department</span>. <a id="paragraph-237396" class="section-permalink" href="https://vacode.org/56-540/#11"><i class="fa fa-link"/></a></p></section></text><history>1988, c. 649; 1990, c. 180; 1991, c. 272.</history><metadata></metadata></law>
