                                 CODE OF VIRGINIA

IMPROVEMENT FUND (§ 56-552)

There shall be a fund established by the Commonwealth Transportation Board, from
the toll revenues described in this section, for the purpose of funding
transportation improvements which are related to or affected by the toll road.
Toll rates shall be set in multiples of five cents; however, the Commission
shall order that that percentage of each toll by which the toll established
exceeds that necessary to provide the operator with an amount necessary to meet
the operator&#8217;s obligations under § 56-543 and earn a reasonable return
shall be committed to the fund. In addition the operator, the Board, and the
local governments through which the road passes may jointly petition the
Commission to establish an additional toll amount to be committed to this fund.

HISTORY: 1988, c. 649.