56-567 - Federal, state and local assistance. - Virginia Statutes

§ 56-567. Federal, state and local assistance.

A. The responsible public entity may take any action to obtain federal, stateor local assistance for a qualifying transportation facility that serves thepublic purpose of this chapter and may enter into any contracts required toreceive such federal assistance. If the responsible public entity is a stateagency, any funds received from the state or federal government or any agencyor instrumentality thereof shall be subject to appropriation by the GeneralAssembly. The responsible public entity may determine that it serves thepublic purpose of this chapter for all or any portion of the costs of aqualifying transportation facility to be paid, directly or indirectly, fromthe proceeds of a grant or loan made by the local, state or federalgovernment or any agency or instrumentality thereof.

B. The responsible public entity may agree to make grants or loans for thedevelopment and/or operation of the qualifying transportation facility fromtime to time from amounts received from the federal, state, or localgovernment, or any agency or instrumentality thereof.

C. Nothing in this chapter or in an interim or comprehensive agreemententered into pursuant to this chapter shall be deemed to enlarge, diminish oraffect the authority, if any, otherwise possessed by the responsible publicentity to take action that would impact the debt capacity of the Commonwealthor the affected jurisdictions.

(1994, c. 855; 1995, c. 647; 2005, cc. 504, 562.)