West Virginia Code
Article 9D. School Building Authority
§18-9D-4d. Emergency Facility and Equipment Repair or Replacement Fund for Financially Distressed Counties

From the funds available to it the School Building Authority shall maintain a reserve fund in the amount of not less than $600,000 for the purpose of making emergency grants to financially distressed county boards to assist them in making repairs or performing urgent maintenance to facilities or facility related equipment or facility related equipment replacement necessary to maintain the serviceability or structural integrity of school facilities currently in use or necessary for educating the students of the county. The grants shall be made in accordance with guideline established by the school building authority. For the purposes of this section, “financially distressed county” means a county either in deficit or on the most recently established watch list established by the Department of Education of those counties at-risk of becoming in deficit.

Structure West Virginia Code

West Virginia Code

Chapter 18. Education

Article 9D. School Building Authority

§18-9D-1. School Building Authority; Powers

§18-9D-2. Definitions

§18-9D-3. Powers of Authority; School Building Authority Fund

§18-9D-4. School Building Authority Authorized to Issue Refunding Revenue Bonds And/or General Obligation Bonds for School Building Capital Improvement Projects

§18-9D-4a. Savings From Issuance of Refunding Bonds

§18-9D-4b. School Building Authority Authorized to Issue Bonds and Pay Debt Service on Bonds With Funds Distributed From State Excess Lottery Fund

§18-9D-4c. School Building Authority Authorized to Temporarily Finance Projects Through the Issuance of Loans, Notes or Other Evidences of Indebtedness

§18-9D-4d. Emergency Facility and Equipment Repair or Replacement Fund for Financially Distressed Counties

§18-9D-5. School Building Authority Authorized to Offer Individual Higher Education Savings Plans

§18-9D-6. School Building Capital Improvements Fund in State Treasury; School Construction Fund in State Treasury; School Building Debt Service Fund in State Treasury; School Improvement Fund in State Treasury; Collections to Be Paid Into Special Fun...

§18-9D-7. Authority to Fix and Collect Rents

§18-9D-8. Use of Proceeds of Bonds; Bonds Exempt From Taxation

§18-9D-9. Issuance of Revenue Refunding Bonds; Use of Moneys; Power to Enter Into Escrow Agreements; Call for Redemption

§18-9D-10. Bonds May Be Issued for Combined Purposes

§18-9D-11. Bonds Shall Be Negotiable Instruments

§18-9D-12. Trust Agreements for Holders of Bonds

§18-9D-13. Sinking Fund for Payment of Bonds

§18-9D-14. Credit of State Not Pledged

§18-9D-15. Legislative Intent; Allocation of Money Among Categories of Projects; Lease-Purchase Options; Limitation on Time Period for Expenditure of Project Allocation; County Maintenance Budget Requirements; Project Disbursements Over Period of Yea...

§18-9D-16. Authority to Establish Guidelines and Procedures for Facilities and Major Improvement Plans; Guidelines for Modifications and Updates, etc.; Guidelines for Project Evaluation; Submission of Certified List of Projects to Be Funded; Departme...

§18-9D-17. Limitations on Contracts for Sale of Bonds or Other Securities

§18-9D-19. Comprehensive High Schools

§18-9D-19a. Comprehensive Middle Schools

§18-9D-20. Authority to Promulgate Rules; Legislative Authorization; Effective Date of Rules; Technical Deficiencies Waived

§18-9D-21. Authorizing Rules of School Building Authority