Chap. 180.—An ACT to amend and re-enact Section 673 of the Code of Virginia,
as amended, relating to loans contracted by school boards of counties for cer-
tain school purposes. [S B 54]

Approved March 13, 1946

Be it enacted by the General Assembly of Virginia:

1. That section six hundred seventy-three of the Code of Virginia,
as amended, be amended and re-enacted, as follows:

Section 673. Loans for school improvements.——Whenever it shall
be necessary for a county to provide funds for school improvements in
such county, including the purchase of sites for school buildings or addi-
tions to school buildings, the construction of school buildings or additions
to school buildings, the furnishing and equipping of school buildings or
additions to school buildings, or the erection and equipping of buildings
for the storage, care and repair of school buses, it shall be lawful for the
school board of such county to contract a loan for any or all of such pur-
poses, and issue bonds, on the credit of the county, in the manner other
loans are authorized to be contracted and bonds authorized to be issued
by sections twenty-seven hundred thirty-eight, twenty-seven hundred
thirty-nine, twenty-seven hundred forty, and twenty-seven hundred forty-
one of the Code of Virginia; provided, that when any of the improve-
ments aforesaid are erected or furnished at the expense of the school
district, or of two or more school districts, the election provided for by
the Code sections referred to in this section shall be held only in the dis-
trict, or districts against which such improvements will be a charge;
and, provided further, that in such case the tax sufficient to pay the in-
terest on the bonds, and the sinking fund to redeem the same, shall be
levied in such school district or districts only. In all other respects the
procedure shall be as required by such Code sections, except that ap-
proval, by appropriate resolution of the board of supervisors or other
governing body of a county shall be necessary in the contracting of any
such loan or in the issuance of any such bonds.

2. An emergency exists and this act is in force from its passage.