W. Va. Code R. § 145-10-3

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 145-10-3 - Definitions

3.1. "Act" means Chapter 11, Article 13, Section 2f of the W. Va. Code as it relates to the Fund.

3.2. "Director" means the director of the West Virginia Development Office.

3.3. "Economic Development Project" means a project in the State which the Director determines is likely to foster economic growth and development in the area of the state which the project is developed, for commercial, industrial, community improvement or preservation or other proper purposes.

3.4. "Eligible County" means a county in which a synthetic fuel manufacturing plant actively produced synthetic fuel for at least one hundred eighty days during the applicable first year as certified by the State Tax Commissioner.

3.5. "Fund" means the synthetic fuel-producing counties grant fund created in the state treasury by W. Va. Code § 11-13-2f(e)2.

3.6. "Grantee" means an Eligible County which receives an executed Grant Agreement.

3.7. "Infrastructure Council" means the West Virginia Infrastructure and Jobs Development Council created pursuant to section 3 of W. Va. Code § 31-15A-1 et seq.

3.8. "Infrastructure Project" means a project in the State which the Director determines is likely to foster infrastructure improvements including but not limited to any water or wastewater facilities or any part thereof, storm water systems, steam, gas, [telephone and telecommunications], and [electric lines and installations], roads, bridges, [railroad spurs], drainage and flood control facilities, industrial park development, and buildings that promote job creation and retention.

3.9. "Plan" means the annual plan submitted by each Eligible County to the Director outlining the proposed use of the Eligible County's Provision Share and describing the proposed Projects.

3.10. "Plan Submission Date" means February 20th of each year provided the "initial plan submission date" means March 20, 2002 for counties that are certified eligible by the State Tax Commissioner in fiscal year 2002 and February 20 for counties certified eligible in a subsequent fiscal year.

3.11. "Project" means either an Economic Development Project or an Infrastructure Project.

3.12. "Provisional Share" means the portion of the synthetic fuel producing counties grant fund that is available for possible distribution to each Eligible County.

3.13. "State Development Office" means the West Virginia Development Office established under W. Va. Code §5B-2 et seq., or any successor to all or any substantial part of its powers and duties.

W. Va. Code R. § 145-10-3