§ 15.2-6208. Eligible use of funds
From such funds as may be appropriated or received, the Authority may make loans and grants for the benefit of qualified private, for-profit enterprises and public or not-for-profit enterprises, nonprofit industrial development corporations, or industrial development authorities for financing the following:
1. Purchase of real estate;
2. Grading of sites;
3. Water, sewer, natural gas or electrical line improvements, replacement and extensions;
4. Construction, rehabilitation, and expansion of buildings;
5. Construction of parking facilities;
6. Access roads construction and street improvements;
7. Purchase or lease of machinery and tools; and
8. Any other improvements deemed necessary by the Authority to meet its objectives.
(1993, c. 982, § 15.1-1669; 1997, c. 587.)
Sections: Previous 15.2-6200 15.2-6201 15.2-6202 15.2-6203 15.2-6204 15.2-6205 15.2-6206 15.2-6207 15.2-6208 15.2-6209 15.2-6210 15.2-6211 15.2-6212 15.2-6213 15.2-6214 NextLast modified: April 2, 2009