§5-6-3. Definitions


Published: 2015

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WEST VIRGINIA CODE











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WVC 5-6-3

§5-6-3. Definitions.

The following terms, wherever used or referred to in this

article, shall have the following meanings, unless a different

meaning clearly appears from the context:

(1) "Commission" means the state building commission of West

Virginia or, if said commission shall be abolished, any board or

officer succeeding to the principal functions thereof, or to whom

the powers given to said commission shall be given by law;

(2) "Bonds" means bonds issued by the commission pursuant to

this article;

(3) "Project" means collectively the acquisition of land, the

construction, equipping, maintaining and furnishing of a building

or buildings, together with incidental approaches, structures and

facilities, herein authorized to be constructed;

(4) "Cost of project" includes the cost of construction, the

cost of equipping and furnishing same, the cost of all land,

property, material and labor which are deemed essential thereto,

the cost of improvements, financing charges, interest during

construction, and all other expenses, including legal fees,

trustees', engineers' and architects' fees which are necessarily or

properly incidental to the project;

(5) "General tax revenues of the state" means revenues of the

state derived from the exercise of the power of taxation and

available for appropriation by the Legislature for general public

purposes and shall not include revenues of the state, or of any

officer, department or agency thereof, derived from taxes levied,

collected and dedicated for a special purpose or purposes or derived from sources other than taxes such as profits, fees or

charges; and

(6) "Rent" or "rental" includes all moneys received for the

use of any part of a project either from the state of West Virginia

or any officer, department or public corporation thereof, or from

any instrumentality or political subdivision of the state, or

directly or indirectly, from the United States of America or any

officer, department, agency, instrumentality or public corporation

thereof: Provided, That nothing in this article shall be taken to

authorize the payment by or on behalf of the state of any rent in

excess of the fair rental value of property used by or for such

state officer or department or public corporation in the exercise

of his or its statutory duties.





Note: WV Code updated with legislation passed through the 2015 Regular Session

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