                                 CODE OF VIRGINIA

DEFINITIONS (§ 33.2-2700)

As used in this chapter, unless the context requires a different
meaning:		&#8220;Commission&#8221; means the governing body of the local
transportation district created pursuant to this chapter.		&#8220;Cost&#8221;
means all or any part of the cost of the following:

1. Acquisition, construction, reconstruction, alteration, landscaping,
utilities, parking, conservation, remodeling, equipping, or enlarging of
transportation improvements or any portion thereof;

2. Acquisition of land, rights-of-way, property rights, easements, and interests
for construction, alteration, or expansion of transportation improvements;

3. Demolishing or relocating any structure on land so acquired, including the
cost of acquiring any lands to which such structure may be relocated;

4. All labor, materials, machinery, and equipment necessary or incidental to the
construction or expansion of a transportation improvement;

5. Financing charges, insurance, interest, and reserves for 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;

6. Reserves for principal and interest;

7. Reserves for extensions, enlargements, additions, replacements, renovations,
and improvements;

8. Provisions for working capital;

9. Engineering and architectural expenses and services, including surveys,
borings, plans, and specifications;

10. Subsequent addition to or expansion of any project and the cost of
determining the feasibility or practicability of such construction;

11. Financing construction of, addition to, or expansion of transportation
improvements and placing them in operation; and

12. Expenses incurred in connection with the creation of the district, not to
exceed $150,000.
			&#8220;District&#8221; means the district created pursuant to this
chapter.			&#8220;District advisory board&#8221; or &#8220;advisory board&#8221;
means the board appointed pursuant to this chapter.			&#8220;Federal
agency&#8221; means the United States of America or any department, bureau,
agency, or instrumentality thereof.			&#8220;Locality&#8221; means the City of
Charlottesville or the County of Albemarle.			&#8220;Owner&#8221; or
&#8220;landowner&#8221; means the person that has the usufruct, control, or
occupation of the taxable real property as determined, pursuant to &#xA7;
58.1-3281, by the commissioner of the revenue of the locality in which the
subject real property is located.			&#8220;Revenue&#8221; means any or all fees,
tolls, rents, receipts, assessments, taxes, money, and income derived by the
district, including any cash contribution or payments made to the district by
the Commonwealth, any political subdivision thereof, or any other
source.			&#8220;Transportation improvements&#8221; means any real or personal
property acquired, constructed, improved, or used in constructing or improving
any highway, or portion or interchange thereof, including parking facilities
located within a district created pursuant to this chapter.
&#8220;Transportation improvements&#8221; includes public highways and all
buildings, structures, approaches, and facilities thereof and appurtenances
thereto, rights-of-way, bridges, tunnels, and all related equipment and
fixtures.

HISTORY: 2004, c. 966, § 33.1-447; 2014, c. 805.