§ 62.1-239.1

Loans, loan subsidies, and grants for regional projects, etc

In approving loans and grants, the Board shall give preference to loans, loan subsidies and grants for projects that will (i) utilize private industry in operation and maintenance of such projects where a material savings in cost can be shown over public operation and maintenance or (ii) serve two or more local governments or other entities to encourage regional cooperation or (iii) both.


1992, c. 378; 1997, cc. 651, 665.


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