The following words and phrases when used in this chapter shall have themeanings respectively ascribed to them in this section except in thoseinstances where the context clearly indicates a different meaning:
"Commission" means the governing body of a local transportation improvementdistrict created pursuant to this chapter.
"Cost" means all or any part of the following:
1. Acquisition, construction, reconstruction, alteration, landscaping,utilities, parking, conservation, remodeling, equipping, or enlarging oftransportation improvements or any portion thereof;
2. Acquisition of land, rights-of-way, property rights, easements, andinterests for construction, alteration, or expansion of transportationimprovements;
3. Demolishing or relocating any structure on land so acquired, including thecost of acquiring any lands to which such structure may be relocated;
4. All labor, materials, machinery, and equipment necessary or incidental tothe construction or expansion of a transportation improvement;
5. Financing charges, insurance, interest, and reserves for interest on allbonds prior to and during construction and, if deemed advisable by thecommission, 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 but notlimited to surveys, borings, plans, and specifications;
10. Subsequent addition to or expansion of any project and the cost ofdetermining the feasibility or practicability of such construction;
11. Financing construction of, addition to, or expansion of transportationimprovements and operating such improvements; and
12. Expenses incurred in connection with the creation of the district, not toexceed $150,000.
"County" means any county having a population of more than 500,000.
"District" means any transportation improvement district created pursuantto this chapter.
"District advisory board" or "advisory board" means the board appointedpursuant to § 33.1-434.
"Federal agency" means the United States of America or any department,bureau, agency, or instrumentality thereof.
"Governing body" means the governing body of a county.
"Owner" or "landowner" means the person that is assessed with realproperty taxes pursuant to § 58.1-3281 by the commissioner of the revenue orother assessing officer of the locality in which the subject real property islocated.
"Participating town" means a town that has real property within itsboundaries included within a district created pursuant to this chapter.
"Revenue" means any or all fees, tolls, rents, receipts, assessments,taxes, money, and income derived by the district, including any cashcontribution or payments made to the district by the Commonwealth, anypolitical subdivision thereof, or any other source.
"Transportation improvements" means any real or personal property acquired,constructed, improved, or used for constructing, improving, or operating any(i) public mass transit system or (ii) highway, or portion or interchangethereof, including parking facilities located within a district createdpursuant to this chapter. Such improvements shall include, withoutlimitation, public mass transit systems, public highways, and all buildings,structures, approaches, and facilities thereof and appurtenances thereto,rights-of-way, bridges, tunnels, stations, terminals, and all relatedequipment and fixtures.
The following words and phrases when used in this chapter shall have themeanings respectively ascribed to them in this section except in thoseinstances where the context clearly indicates a different meaning:
"Commission" means the governing body of a local transportation improvementdistrict created pursuant to this chapter.
"Cost" means all or any part of the following:
1. Acquisition, construction, reconstruction, alteration, landscaping,utilities, parking, conservation, remodeling, equipping, or enlarging oftransportation improvements or any portion thereof;
2. Acquisition of land, rights-of-way, property rights, easements, andinterests for construction, alteration, or expansion of transportationimprovements;
3. Demolishing or relocating any structure on land so acquired, including thecost of acquiring any lands to which such structure may be relocated;
4. All labor, materials, machinery, and equipment necessary or incidental tothe construction or expansion of a transportation improvement;
5. Financing charges, insurance, interest, and reserves for interest on allbonds prior to and during construction and, if deemed advisable by thecommission, 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 but notlimited to surveys, borings, plans, and specifications;
10. Subsequent addition to or expansion of any project and the cost ofdetermining the feasibility or practicability of such construction;
11. Financing construction of, addition to, or expansion of transportationimprovements and operating such improvements; and
12. Expenses incurred in connection with the creation of the district, not toexceed $150,000.
"County" means any county having a population of more than 500,000.
"District" means any transportation improvement district created pursuantto this chapter.
"District advisory board" or "advisory board" means the board appointedpursuant to § 33.1-434.
"Federal agency" means the United States of America or any department,bureau, agency, or instrumentality thereof.
"Governing body" means the governing body of a county.
"Owner" or "landowner" means the person that is assessed with realproperty taxes pursuant to § 58.1-3281 by the commissioner of the revenue orother assessing officer of the locality in which the subject real property islocated.
"Participating town" means a town that has real property within itsboundaries included within a district created pursuant to this chapter.
"Revenue" means any or all fees, tolls, rents, receipts, assessments,taxes, money, and income derived by the district, including any cashcontribution or payments made to the district by the Commonwealth, anypolitical subdivision thereof, or any other source.
"Transportation improvements" means any real or personal property acquired,constructed, improved, or used for constructing, improving, or operating any(i) public mass transit system or (ii) highway, or portion or interchangethereof, including parking facilities located within a district createdpursuant to this chapter. Such improvements shall include, withoutlimitation, public mass transit systems, public highways, and all buildings,structures, approaches, and facilities thereof and appurtenances thereto,rights-of-way, bridges, tunnels, stations, terminals, and all relatedequipment and fixtures.
The following words and phrases when used in this chapter shall have themeanings respectively ascribed to them in this section except in thoseinstances where the context clearly indicates a different meaning:
"Commission" means the governing body of a local transportation improvementdistrict created pursuant to this chapter.
"Cost" means all or any part of the following:
1. Acquisition, construction, reconstruction, alteration, landscaping,utilities, parking, conservation, remodeling, equipping, or enlarging oftransportation improvements or any portion thereof;
2. Acquisition of land, rights-of-way, property rights, easements, andinterests for construction, alteration, or expansion of transportationimprovements;
3. Demolishing or relocating any structure on land so acquired, including thecost of acquiring any lands to which such structure may be relocated;
4. All labor, materials, machinery, and equipment necessary or incidental tothe construction or expansion of a transportation improvement;
5. Financing charges, insurance, interest, and reserves for interest on allbonds prior to and during construction and, if deemed advisable by thecommission, 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 but notlimited to surveys, borings, plans, and specifications;
10. Subsequent addition to or expansion of any project and the cost ofdetermining the feasibility or practicability of such construction;
11. Financing construction of, addition to, or expansion of transportationimprovements and operating such improvements; and
12. Expenses incurred in connection with the creation of the district, not toexceed $150,000.
"County" means any county having a population of more than 500,000.
"District" means any transportation improvement district created pursuantto this chapter.
"District advisory board" or "advisory board" means the board appointedpursuant to § 33.1-434.
"Federal agency" means the United States of America or any department,bureau, agency, or instrumentality thereof.
"Governing body" means the governing body of a county.
"Owner" or "landowner" means the person that is assessed with realproperty taxes pursuant to § 58.1-3281 by the commissioner of the revenue orother assessing officer of the locality in which the subject real property islocated.
"Participating town" means a town that has real property within itsboundaries included within a district created pursuant to this chapter.
"Revenue" means any or all fees, tolls, rents, receipts, assessments,taxes, money, and income derived by the district, including any cashcontribution or payments made to the district by the Commonwealth, anypolitical subdivision thereof, or any other source.
"Transportation improvements" means any real or personal property acquired,constructed, improved, or used for constructing, improving, or operating any(i) public mass transit system or (ii) highway, or portion or interchangethereof, including parking facilities located within a district createdpursuant to this chapter. Such improvements shall include, withoutlimitation, public mass transit systems, public highways, and all buildings,structures, approaches, and facilities thereof and appurtenances thereto,rights-of-way, bridges, tunnels, stations, terminals, and all relatedequipment and fixtures.
