                                 CODE OF VIRGINIA

DEFINITIONS (§ 15.2-4701)

As used in this chapter, unless the context indicates another meaning or intent:
		&#8220;Commission&#8221;  means the governing body of the local district.
		&#8220;Cost&#8221;  means all or any part of the cost of acquisition,
construction, reconstruction, alteration, landscaping, utilities, parking, or
enlargement of a public mass transit system or highway that is located in
localities that are authorized by this chapter to create a transportation
improvement district, including the cost of the acquisition of land,
rights-of-way, property rights, easements and interests acquired for such
construction, alteration, or expansion, the cost of demolishing or removing any
structure on land so acquired, including the cost of acquiring any lands to
which such structures may be removed, the cost of all labor, materials,
machinery and equipment, financing charges, insurance, interest on all bonds
prior to and during construction and, if deemed advisable by the commission, for
a reasonable period after completion of such construction, reserves for
principal and interest and for extensions, enlargements, additions,
replacements, renovations, and improvements, provisions for working capital, the
cost of surveys, engineering and architectural expenses, borings, plans and
specifications, and other engineering and architectural services, legal
expenses, studies, estimates of costs and revenues, administrative expenses, and
such other expenses as may be necessary or incident to the construction of the
project or creation of the district (which shall not exceed $150,000), and of
such subsequent additions thereto or expansion thereof, and to determining the
feasibility or practicability of such construction, the cost of financing such
construction, additions, or expansion and placing the project and such additions
or expansion in operation.
		&#8220;District&#8221;  or &#8220;local district&#8221;  means any
transportation improvement district created under the provisions of §
15.2-4702.
		&#8220;District advisory board&#8221;  or &#8220;advisory board&#8221;  means
the board appointed by the commission in accordance with § 15.2-4704.
		&#8220;Federal agency&#8221;  means and includes the United States of America
or any department, bureau, agency, or instrumentality thereof.
		&#8220;Locality&#8221;  means Chesterfield and Prince William Counties and the
City of Richmond.
		&#8220;Owner&#8221;  or &#8220;landowner&#8221;  means the person or entity
that has the usufruct, control, or occupation of the taxable real property as
determined by the commissioner of the revenue of the jurisdiction in which the
subject real property is located pursuant to § 58.1-3281.
		&#8220;Revenues&#8221;  means any or all fees, tolls, taxes, rents, notes,
receipts, assessments, moneys, and income derived by the local district and
includes any cash contributions or payments made to the local district by the
Commonwealth or any agency, department, or political subdivision thereof or by
any other source.
		&#8220;Town&#8221;  means any town having a population of more than 1,000, as
determined by the 1980 census.
		&#8220;Transportation improvements&#8221;  means any and all real or personal
property utilized in constructing and improving any public mass transit system
or any highway or portion or interchange thereof, including utilities and
parking facilities within the secondary, primary, or Interstate Highway System
of the Commonwealth or any highway included in the county&#8217;s land use and
transportation plan located within the district created pursuant to §
15.2-4702. Such improvements include, without limitation, public mass transit
systems or public highways, all buildings, structures, approaches, and other
facilities and appurtenances thereto, rights-of-way, bridges, tunnels,
transportation stations, terminals, areas for parking, and all related equipment
and fixtures.

HISTORY: 1997, c. 587; 2019, c. 632.