Virginia HB1378 authorizes the State Board for Community Colleges to acquire property for workforce development programs.
Virginia HB1378 allows the State Board for Community Colleges to acquire a 4.8-acre property from Laurel Ridge Community College for workforce development programs. The acquisition must be at a price below the property's appraised fair market value, funded by auxiliary enterprise reserves and noncredit workforce program revenues. The acquired property will become state-owned and eligible for state maintenance support.
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