West Virginia Code of State Rules › Agency 145 - Development Office › Title 145 - LEGISLATIVE RULE DEPARTMENT OF ECONOMIC DEVELOPMENT › Series 145-14 - County Economic Opportunity Development Districts › Section 145-14-2 - Definitions

Current through Register Vol. XLI, No. 28, July 12, 2024
For purposes of this rule:
2.1. "Applicant" means a county having
				established an economic opportunity development district in accordance with W.
				Va. Code §
									7-22-4
				who is applying or has applied to the Director of the Development Office for
				approval of an economic opportunity development district project.
2.2. "Application" means a request from a
				county for approval of an economic opportunity development district project
				that is filed with the Director of the Development Office pursuant to W. Va.
				Code §
									7-22-7
				and this rule, which provides all of the information and documentation required
				by this rule.
2.3. "Certificate of
				project" means a written statement issued to an applicant by the Director of
				the Development Office pursuant to W. Va. Code §
									7-22-7(e)
				and that evidences the Director's approval of the applicant's project
				application.
2.4. "Department of
				Commerce" means the Department of Commerce created in the executive branch of
				state government in W. Va. Code §
									5F-1-2(a).
2.5. "Development expenditures" means
				payments for government functions, programs, activities, facility construction,
				improvements and other goods and services which a district board is authorized
				to perform or provide pursuant to W. Va. Code §
									7-22-5.
2.6. "Development Office" means the West
				Virginia Development Office created in W. Va. Code §
									5B-2-1
et
				seq
., which is an agency that is incorporated in and administered as
				part of the Department of Commerce, as provided in W. Va. Code §
									5B-1-2.
2.7. "Director" means the Executive Director
				of the West Virginia Development Office.
2.8. "District" means an economic opportunity
				development district pursuant to W. Va. Code §
									7-22-4.
2.9. "District Board" means a district board
				created pursuant to W. Va. Code §
									7-22-10.
2.10. "Eligible property" means
				any taxable or exempt real property located in a district established pursuant
				to W. Va. Code §
									7-22-4.
2.11. "Remediation" means measures undertaken
				to bring about the reconditioning or restoration of property located within the
				boundaries of an economic opportunity development district that has been
				affected by exploration, mining, industrial operations or solid waste disposal
				and which measures, when undertaken, will eliminate or ameliorate the existing
				state of the property and enable the property to be commercially
				developed.
2.12. "Special District
				Excise Tax" means an excise tax imposed by ordinance upon the privilege of
				selling tangible personal property and rendering select services to a district
				and levied by a county having been authorized to impose the tax by the West
				Virginia Legislature for the benefit of an economic opportunity development
				district.
2.13. "West Virginia
				Code" or "W. Va. Code" means the Code of West Virginia, one thousand nine
				hundred thirty-one, as amended.