SB113: Meadows of Dan Elementary School; Literary Fund loan to Patrick County Board of Supervisors.

SENATE BILL NO. 113

Offered January 8, 2014
Prefiled December 27, 2013
A BILL to provide for the repayment of a Literary Fund loan to the Patrick County Board of Supervisors to be applied to the cost of reconstructing Meadows of Dan Elementary School.
Patron-- Stanley

Referred to Committee on Finance

Be it enacted by the General Assembly of Virginia:

1. § 1. In the event that the Patrick County Board of Supervisors applies to the Board of Education for a Literary Fund loan to cover some or all of the cost of reconstructing Meadows of Dan Elementary School and the Board of Education grants such application, the General Assembly shall provide in the succeeding general appropriation act such funds to the Patrick County Board of Supervisors as are sufficient for full repayment of the Literary Fund loan, including the principal amount and any interest accrued.