§ 33.1-138. How fund expended
All money deposited in or transferred to the Highway Right-of-Way Fund shall be expended by the Commonwealth Transportation Board for the acquisition of properties to constitute rights-of-way for highways and streets, including those within cities and towns. The Board shall expend such fund for acquisition of properties which will be needed for future highway construction purposes, whenever the Commonwealth Transportation Commissioner deems such acquisition necessary, due to the probability of development of such properties, and after the State Right-of-Way Engineer declares prompt acquisition is required to prevent such development and consequent higher acquisition and construction costs when the highway project is to be constructed.
Such acquisition is hereby declared to be in the public interest and any properties so acquired are deemed to be acquired for a public use.
(Code 1950, § 33-75.6; 1964, c. 263; 1970, c. 322.)
Sections: Previous 33.1-132 33.1-132.1 33.1-133 33.1-134 33.1-135 33.1-136 33.1-137 33.1-138 33.1-139 33.1-140 33.1-141 33.1-142 33.1-143 33.1-144 33.1-145 NextLast modified: April 3, 2009