Virginia Senate Approves Loan Program to Boost Dam Safety

Vadum, Matthew
February 2006
Bond Buyer;2/9/2006, Vol. 355 Issue 32316, p30
Trade Publication
The article reports on the approval of the new dam-safety and flood prevention revolving loan program by the Senators in Virginia. Under the said program, Virginia Resources Authority would gain new authority to sell bonds to fund and to lend out the proceeds to local government. Localities would be able to use the money to finance projects in preventing, reducing, or mitigating damage caused by flooding.


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